The nation’s catering sector continued its steady recovery in October, with total revenue rising 3.8 percent year-on-year to 519.9 billion yuan ($73.12 billion), said the National Bureau of Statistics. Revenue from large-scale catering enterprises also saw growth, up 3.7 percent at 145.9 billion yuan. Over the first 10 months of the year, the sector generated…
AP Moller–Maersk, the Danish shipping and logistics group, officially unveiled its flagship logistics center in the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone on Thursday, marking one of its largest global warehousing investments. Representing an investment of over $140 million, the facility spans 113,000 square meters and offers 147,000 square meters of…
FRANKFURT – Participants at a finance summit held here on Wednesday called for enhanced dialogue and cooperation across financial markets between China and Europe. With the theme “Bridging Capital: A New Silk Road for Financial Investment,” the Sino-European Finance Summit brought together nearly 200 representatives from the political, financial, legal, and real economy sectors. Chen…
An aerial view of a solar thermal project in Jinta, Gansu province. CAO HONGZU/FOR CHINA DAILY China’s concentrated solar power (CSP) sector is accelerating its pace of industrialization and scale-up, with its growth rate far surpassing the global average and domestic technology localization almost reaching self-sufficiency. China’s installed CSP capacity grew at an annual compound…
After touring a Chinese EV maker, Mark Barnett, global head of Small and Medium Enterprises (SME) at Mastercard, praised its exceptional value for money:”Fantastic product—unparalleled anywhere I’ve seen.” He said he’s ready to take one home to the UK—as soon as a right-hand-drive model becomes available. Tanks to chinadaily.com.cn Please visit: Our Sponsor
Despite a dip in China’s A-shares on Friday, analysts believe the market remains in a consolidation phase as it prepares for 2026. They expect the Shanghai Composite Index to remain broadly stable around the 4,000-point level, with ongoing market style rotation. By Friday’s close, the Shanghai Composite Index finished at 3,834.89, down 2.45 percent, while…
A robotic arm charges a self-driving bus at a charging station in Jinan, East China’s Shandong province, on Nov 4, 2025. [Photo/Xinhua] BEIJING – The number of charging piles for electric vehicles (EVs) in China reached over 18.64 million as of the end of October this year, marking an increase of 54 percent from a…
Customs employees check operation records of a China-Europe freight train in Qingdao, Shandong province, in August. LI ZIHENG/XINHUA China-Europe freight trains via the China-SCO Local Economic and Trade Cooperation Demonstration Area (SCODA) in Qingdao, Shandong province, hit record highs this year, as the hub expanded its multimodal links and overseas consolidation centers to cut logistics…
Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, foreign corporations are uniquely positioned to seize the opportunities presented by this transformative period. China Daily examines how these companies are aligning with China’s new round of high-standard opening-up policies, embracing emerging tech innovation trends and expanding their presence in…
Staff at Zhejiang Hengdong Intelligence Technology Co Ltd assemble newly produced robots on Nov 10 in the city of Jinhua, Zhejiang province. ZOU HONG/CHINA DAILY As all sectors in China prepare for “smart” transformation due to rapidly developing AI technology, market demand for AI-related talent continues to grow, with recruitment priorities shifting from AI research…