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Guizhou pioneers hydrogen power for coal transport

China’s first commercially operated hydrogen-powered locomotive began trial runs on Saturday in Liupanshui, Guizhou province. HUANG SHUJIN/FOR CHINA DAILY China’s first commercially operated hydrogen-powered locomotive began trial runs on Saturday in Liupanshui, Guizhou province, marking a significant milestone in the city’s long-term drive to modernize its coal industry. The locomotive can be fully refueled in about…

Chagee marches ahead in latest overseas push

Workers of Heytea make beverages in New York on March 8. LIAO PAN/CHINA NEWS SERVICE Chagee Holdings Ltd, a leading Chinese premium tea beverage brand, made its debut on the Nasdaq stock exchange on April 17, signaling the company’s global expansion drive and mirroring the rising presence of Chinese tea drinks overseas. Since its founding in…

Mutual benefit, respect should guide trade talks

Fair and equality-based negotiations for mutual benefit and with mutual respect should be the basis for solving trade disputes between China and the United States, said a senior expert. In an exclusive interview with China Daily, Zhu Guangyao, former vice-minister of finance, said Sino-US economic and trade relations not only matter for the two nations…

Nation strengthens control to stop illegal outflow of strategic minerals

China has announced that it will strengthen control over the export of strategic minerals “every step of the way”, with a particular focus on cracking down on the smuggling of these critical resources and enhancing customs inspections at ports. All departments and local authorities should intensify the tracking of strategic mineral flows, enhance interagency information…

China, US agree to de-escalate trade tensions

Shipping containers are seen at the port of Oakland in Oakland, California, US, May 12, 2025. [Photo/Agencies] China and the United States announced a series of tariff adjustment measures on Monday aimed at easing trade tensions between the world’s two largest economies, according to a joint statement issued by both governments in Geneva, Switzerland. Trade analysts…

China’s digital boom sparks new high-skill careers

Students learn about recruitment information during a campus job fair held at Qinghai College of Architectural Technology in Xining, Northwest China’s Qinghai province, April 23, 2025. [Photo/Xinhua] TIANJIN – New digital technologies are giving rise to a kaleidoscope of novel job positions across China, unlocking fresh economic growth opportunities while easing concerns that AI advancements…

Small businesses record five-year high growth in mainland

This photo taken from Jingshan Hill on Aug 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny day in Beijing. [Photo/Xinhua] The performance of small business in the Chinese mainland hit a five-year high in 2024, largely driven by technology and innovation, according to a new survey by CPA Australia,…

China to boost economy by promoting consumption, opening-up

A customer (L) tries gold jewelry at a shopping mall in Nantong city, East China’s Jiangsu province, May 3, 2025. [Photo/Xinhua] China is accelerating the establishment of a new development pattern where domestic and foreign markets can boost each other, with the domestic market as the mainstay, amid economic risks from home and abroad. By…

‘Forceful’ steps to aid growth target

Zhang Jun, chief economist at China Galaxy Securities. [Photo provided to chinadaily.com.cn] China’s economy is well-positioned to withstand the headwinds from the United States’ unwarranted tariff policy and maintain its 2025 growth momentum with targeted macro policy support, said a senior economist. Zhang Jun, chief economist at China Galaxy Securities, said he expects China’s economic…