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China’s electricity market hits over 626 billion kWh in May

Transmission towers dominate the skyline in Qingyang in Gansu province. [Photo provided to CHINA DAILY] China’s electricity market witnessed substantial growth in transaction volumes in May and the first five months of 2026, official data showed on Monday, highlighting the country’s accelerating market-oriented power reforms and sustained economic vitality. In May alone, the total volume…

Express sector cuts packaging waste, emissions

Packages are processed at a distribution center in Ji’an, Jiangxi province, on June 4, 2025. [Photo/VCG] China’s express delivery industry has made steady progress in reducing packaging waste and carbon emissions one year after a revised regulation on express delivery services took effect, according to the State Post Bureau of China. The revised regulation, which…

Austrian foreign minister visits Taicang to tour Austrian manufacturers

Austrian Foreign Minister Beate Meinl-Reisinger visited Taicang, Jiangsu province, on June 23 to tour Austrian-invested manufacturers and meet with Suzhou’s top official to discuss deeper cooperation in smart manufacturing, digital economy, and green development. Taicang, a city of under 850,000 administered by Suzhou, is home to 49 Austrian enterprises with a total investment of $195…

Turkish ambassador to China: Enterprises scout new opportunities in Urumqi

The 9th China-Eurasia Expo is being held in Urumqi, Xinjiang Uygur autonomous region, from June 25 to 29, drawing participation from 49 countries, regions and international organizations. Speaking to China Daily Website on the sidelines of the expo, Turkish Ambassador to China Selcuk Ünal highlighted that five Turkish companies have attended the expo this time,…

Turkish ambassador to China: Enterprises scout new opportunities in Urumqi

The 9th China-Eurasia Expo is being held in Urumqi, Xinjiang Uygur autonomous region, from June 25 to 29, drawing participation from 49 countries, regions and international organizations. Speaking to China Daily Website on the sidelines of the expo, Turkish Ambassador to China Selcuk Ünal highlighted that five Turkish companies have attended the expo this time,…

Renewable energy and natural gas supply up in 2025

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Book highlights integrated growth path for rural industries

China’s rural areas can unlock new growth potential by better integrating ecology, agriculture, commerce, culture and tourism, according to a newly published book. Research on the Integrated Development of Ecology, Agriculture, Commerce, Culture and Tourism said such integration can help villages extend industrial chains, create new consumption scenarios and increase local incomes amid the country’s…

EU trade in rare earth elements increased in 2025

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Whatever happened to balanced trade?

A decade ago, China’s leadership argued that stronger domestic demand would lead to more imports and more balanced trade. Those speeches are still in the official archives. The trade data tell a different story.China’s goods surplus did not move in a straight line. Between 2015 and 2018 it fell by 40%, from US$600 billion to…