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Majority of German companies in China focused on expansion: survey

Mercedes-Benz showcases the electric CLA L at the 2025 Shanghai auto show in April. CHINA DAILY Around 56 percent of German companies in China are considering more engagement with domestic partners, with the primary motivations being business expansion and the need to adapt to “China Speed”, according to the results of a survey released by…

Increase in total market production in September 2025

In September 2025, compared with August, the total market production increased by 0.4% in the EU and by 0.1% in the euro area. The total market production index (TMPI) is a composite indicator that combines 4 short-term business statistics indicators covering most of the market economy, i.e. production in industry, construction and services as well…

Chinese visual-effects artist: Technology can enhance a story’s soul

US-based award-winning Chinese VFX artist Yang Wu says that, when artistry and science are united, they can make the invisible visible. [Photo provided to chinadaily.com.cn] A United States-based award-winning Chinese visual effects (VFX) artist who has contributed to multiple Super Bowl commercials is proving that visual power and cultural reach do matter. Yang Wu has…

Services production stable in both the euro area and the EU

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Profit share of EU businesses down to 40% in 2024

In 2024, non-financial corporations (businesses whose main economic activity is non-financial) in the EU had a profit share of 40.1%, down by 1.6 percentage points from the previous year. Profit share is the proportion of the value added by a business that remunerates capital (gross operating surplus) rather than labour. A low share may indicate…

China Eastern launches daily C919 flights to plateau airport

China Eastern Airlines began operating daily commercial flights between Shanghai and Lanzhou in Gansu province, using China’s homegrown C919 jet starting Monday, marking the first time the Shanghai-based carrier has deployed the aircraft on a plateau airport route. The Shanghai–Lanzhou route now operates one round trip daily between Shanghai Hongqiao International Airport and Lanzhou Zhongchuan…

China Eastern launches world’s longest flight

Welcomed with a traditional water salute at Buenos Aires Ezeiza International Airport on December 4, China Eastern Air Holding Co completes the debut of the world’s longest one-way commercial flight, connecting China’s economic hub Shanghai with Argentina’s capital Buenos Aires via a stopover in Auckland, New Zealand. [Photo provided to chinadaily.com.cn] Welcomed with a traditional…

CNPC hits milestone in CCUS project

China National Petroleum Corporation (CNPC) has achieved a major milestone in the localization of key equipment for its Carbon Capture, Utilization, and Storage (CCUS) projects, moving from initial successes to a complete domestic replacement of critical systems, the company announced.The breakthrough is centered on CNPC’s Jilin oilfield, where the country’s first domestically produced 100,000 cubic…

Hainan winter trade fair promotes tropical agriculture

The 28th China (Hainan) International Winter Trade Fair for Tropical Agricultural Products opens on Dec 4. [Photo provided to chinadaily.com.cn] The 28th China (Hainan) International Winter Trade Fair for Tropical Agricultural Products opened on Thursday, drawing more than 25,000 professional buyers and over 2,000 companies from 16 countries and regions to the island province. The…

China to boost green industry cooperation: top regulator

Li Lecheng, minister of industry and information technology, said in an exclusive signed article written for China Daily that “We will encourage competitive Chinese enterprises in photovoltaics, wind power, lithium batteries and new energy vehicles to expand globally and to invest in and develop green energy projects in countries and regions involved in the Belt…