A robotic arm works on the production line at Ypsomed Medical Devices Manufacturing (Changzhou) Company in the Sino-Swiss (Changzhou) International Industrial Innovation Park in Changzhou, Jiangsu province, on Sept 18, 2025. [Photo/Xinhua] BEIJING — Profits of China’s major industrial firms increased 3.2 percent year-on-year in the first nine months of 2025, official data showed Monday.…
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Swiss technology company ABB Group will deepen its footprint in China to support the country’s rapid energy transition and industrial electrification during the 15th Five-Year Plan (2026-30) period, while leveraging locally developed innovations to deliver practical technical solutions to global markets, company executives said. Speaking at a news conference in Beijing on Thursday, Adrian Guggisberg,…
The skyline of the Beijing Economic-Technological Development Area. [Photo/VCG] Beijing has unveiled a plan for its International BioPark in the Beijing Economic-Technological Development Area, also known as Beijing E-Town, aiming to build a global hub for pharmaceutical and biotechnology innovation, local authorities said. The plan focuses on artificial intelligence, cross-disciplinary research, and regulatory innovation to…
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Shanghai Disney Resort has maintained its position as the world’s fifth most-visited theme park in 2024. [Photo provided to chinadaily.com.cn] Shanghai Disney Resort has maintained its position as the world’s fifth most-visited theme park in 2024, according to the latest TEA Global Experience Index (formerly known as the Theme Index and Museum Index Report) released…
High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang/China Daily] All measures to boost consumption should be prioritized following certain principles, after dividing consumption into four components — total income, primary distribution, secondary distribution and propensity to consume — and analyzing the factors influencing each part. The…
Meituan’s autonomous logistic vehicles are working on the street. [Photo provided to chinadaiy.com.cn] The latest report on functional autonomous vehicles in Shenzhen, Guangdong province, showed double-digit growth in operational scale and commercial value, demonstrating strong market vitality and commercialization potential. The monthly report, made by the Shenzhen Intelligent and Connected Transportation Association, pointed out that…
China’s first carbon-neutral factory in the textile sector, located in East China’s Jiangsu province, has officially entered production and is on track to achieve full carbon neutrality by 2027, according to its operator. The smart spinning factory, operated by Jiangsu Dasheng Group Co Ltd, began production in late October. Founded in 1895 by renowned industrial…
The Fourth Plenum, setting the frame for the 2026–2030 Five-Year Plan, signals a security-first, substitution-heavy stance and says little about opening markets. That backdrop points to a fortress-surplus decade. Export growth is modest, about 3.1% per year, while friction abroad keeps building. Imports compress by default and by design, dropping 1.4% per year: weak domestic…