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China extends lead as world’s largest express delivery market

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Staff members at the joint distribution center in Yucheng handle parcels with the help of a sorting machine. ZHANG YU/CHINA NEWS SERVICE China remained the world’s largest express delivery market in 2024, extending its lead for an 11th straight year, according to the Global Express Development Report (2025). The report, released by the Development and…

Shanghai’s Songjiang district bets big on future industries

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A Shanghai district is building an industrial cluster for commercial satellites and terminal applications with a planned area of 2 square kilometers, local officials said at a press conference on Tuesday. The cluster, located in the Songjiang district of southwestern Shanghai, is projected to see its industrial value exceed 50 billion yuan ($7 billion) by…

Historic Shanghai road becomes hub for young entrepreneurs

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Shanghai’s historic Yuyuan Road has become a vibrant hub of youth entrepreneurship while preserving its cultural heritage. [Photo by Zheng Zheng/chinadaily.com.cn] Shanghai’s historic Yuyuan Road, stretching for 2.7 kilometers from Jing’an Temple to Zhongshan Park, has become a vibrant hub of youth entrepreneurship while preserving its cultural heritage, according to local officials. The street now hosts approximately…

EU fish landings valued at €5.5 billion in 2024

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In 2024, the total value of fisheries products landed in the EU was €5.5 billion. The EU’s fish catch was estimated at 3.2 million tonnes, taken from the 7 marine areas covered by EU statistics. The value of fish landings was highest in Spain, accounting for 30% of the EU total. France followed with 16%…

Vaccination rate of older people down to 47.1% in 2023

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In 2023, 47.1% of individuals aged 65 or over in the EU were vaccinated against influenza, down from 48.4% in 2022.  Among EU countries, Denmark reported the highest vaccination rate for people aged 65 or over at 77.5%, followed by Ireland (75.7%) and Portugal (71.8%). By contrast, Poland (9.6%), Slovakia (11.7%) and Bulgaria (15.2%) had…

China’s remarkable progress in institutional opening-up

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Long Yongtu, chief negotiator for China’s WTO Accession, has spotlighted China’s significant progress in institutional opening-up. Speaking to China Daily website in an exclusive interview on the sidelines of the 2025 SEE Qingdao Forum, he discussed the shift from aligning with international rules during its WTO accession to actively building the global institutional framework through…

Beijing CBD ranks sixth in global attractiveness report

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A glance at the Central Business District in Chaoyang district, Beijing. [Photo provided to chinadaily.com.cn] Beijing’s Central Business District (CBD) ranked sixth on the 2025 Global Business Districts Attractiveness Report released on Nov 14, making it the highest-ranked CBD in China and second in Asia. The report from Ernst & Young and the Urban Land…

Early warning system secures cargo throughput of largest port

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The Ningbo-Zhoushan Port in the Yangtze River Delta is highly vulnerable to gales, sea fog and strong convective weather. [Photo by Zhang Sheng / for chinadaily.com.cn] A sophisticated early warning system is helping the world’s largest port by cargo throughput cut weather-related downtime and keep global supply chains moving, officials said. Ningbo-Zhoushan Port — the…

Companies expanding in emerging markets

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Aero Engine Corporation of China showcases its latest technologies at the Dubai Airshow 2025 on Nov 18, marking the company’s most extensive and technically comprehensive overseas exhibition of homegrown aero engines to date. CUI HAIPEI/CHINA DAILY Amid a profound restructuring of the global economic landscape, Chinese enterprises are accelerating expansion in emerging markets in the…

Wuxi: One building, one beauty chain

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In Wuxi’s Jiangnan Beauty Bay, an entire beauty and wellness industry chain is hidden in one building. Upstairs, innovation takes shape; downstairs, products roll off the line and go live. Here, “upstairs and downstairs” is “upstream and downstream”. With R&D, manufacturing and branding resonating in harmony, Wuxi is powering its billion-yuan beauty and wellness industry…