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GDPS 2025: Where embodied intelligence faces real-world tests

Global Developer Pioneers Summit 2025, which will include the world’s first embodied intelligence skills contest referring to the criteria adopted at the WorldSkills Competition, will be held in Shanghai from Dec 12 to 14. Held for 47 editions so far, the WorldSkills Competition is a biennial event aiming to promote premier vocational skills and cutting-edge…

China spends 35.5 billion yuan on work-for-relief programs to boost employment

BEIJING — Investment from the central government budget toward the work-for-relief programs has totaled 35.5 billion yuan (about $5 billion) in 2025, with these programs expected to create more than 1.1 million jobs for the low-income population, according to the National Development and Reform Commission (NDRC). The NDRC, China’s top economic planner, said these programs…

Number of air passengers up 8% in 2024

In 2024, the total number of passengers travelling by air in the EU was 1.1 billion, an increase of 8.3% compared with 2023 (973 million).  Data show that in 2024, all EU countries registered an increase in the number of passengers carried by air compared with 2023. Hungary (+19.2%), Czechia (+18.9%) and Estonia (+17.8%) reported…

State Grid and China Telecom successfully transfer computing power across provinces

The State Grid Shanghai Electric Power Co, together with China Telecom, ran a successful technical test of rapidly transferring multi-task computing power across provinces between Shanghai and Fujian province on December 3. The trial achieved China’s first automated, high-precision transfer of large-scale computing power clusters across provincial boundaries. It verified the feasibility of a fully…

Report: rare earth export licenses granted to 3 Chinese companies

Three Chinese companies have obtained general export licenses for rare-earth–related items from the government, according to Shanghai Securities News. The companies — JL MAG Rare-Earth Co, Beijing Zhong Ke San Huan Hi-Tech Co, and Yunsheng Group — have been authorized to export such items under the government’s regulatory framework, according to the report on Friday.…

China’s spherical graphite exports to the EU fall 50% from their 2022 peak

Reconciling China Customs data with EU trade statistics is difficult because the EU does not use a specific import code for spherical graphite, whereas China does. Two years have now passed since China imposed export controls on graphite.Two years ago, China put export controls on several graphite products, including spherical graphite, a key ingredient in…

China-France trade up 4.1% in first 10 months

BEIJING – Trade between China and France rose 4.1 percent year-on-year to $68.8 billion from January to October, the Ministry of Commerce said on Thursday. Two-way investment increased steadily and exceeded $27 billion, ministry spokesperson He Yadong told a press briefing. The Seventh Meeting of the China-France Business Council was held in Beijing on Thursday…

China’s central bank to conduct 1-trillion-yuan outright reverse repo operation

BEIJING – The People’s Bank of China (PBOC), the country’s central bank, on Thursday said that it will conduct a 1-trillion-yuan ($141.4 billion) outright reverse repo operation on Friday to maintain ample liquidity in the banking system. The operation will be carried out with a fixed quantity through interest-rate bidding, with winning bids determined at…

China sees rapid green and low-carbon energy transition from 2021-2025

An aerial drone photo taken on Nov 16, 2025 shows a 240-megawatt photovoltaic power generation project in Dongying city, East China’s Shandong province. [Photo/Xinhua] BEIJING – During the 14th Five-Year Plan period (2021-2025), China has seen its green and low-carbon energy transition accelerate at the fastest pace, according to Wang Hongzhi, head of the National…

Nippon Paint Marine strengthens China strategy amid transition

With global shipping shifting toward greener and more digital operations, Nippon Paint Marine, a subsidiary of the Singapore-based Nipsea Group, will deepen its presence in China, positioning the country as a core manufacturing, innovation, and growth hub for its worldwide marine coating business, a senior executive said. China occupies irreplaceable strategic importance, Gladys Goh, President…