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Exxon Mobil’s Guangdong plant begins operations

Exxon Mobil Corporation’s mega Huizhou ethylene project officially began operations on Tuesday, helping the Guangdong-Hong Kong-Macao Greater Bay Area city to compete as a global petrochemical industry highland. The project is one of the major foreign investment projects of the country and the first petrochemical project constructed solely by an American company in China, said…

China could issue trillions in bonds to ease local debt, says economist

China can consider the issuance of treasury bonds worth around 30 to 50 trillion yuan ($4.19 trillion to $6.97 trillion) in the coming two to three years to better address local government debt and bring the economy to a trajectory that aligns with its growth potential, said a prominent Chinese economist. Li Daokui, dean of…

Solar, wind firms tackle end-of-life recycling issue

A view of the production workshop of Jinko Solar, a technology enterprise, in Tianjin in April. [Photo/Xinhua] Chinese solar and wind power companies are increasingly prioritizing the recycling of aging renewable energy equipment, according to a new report, as the world faces a growing challenge of managing decommissioned infrastructure. Global renewable energy transition has resulted…

Top 10 Chinese jewelry brands in 2022

The Hurun Research Institute unveiled Hurun Top Chinese Jewelry Brands 2022 on Jan 18, 2022, in Shanghai, ranking 70 Chinese jewelry brands for the first time in terms of company’s scale, brand strategy and sales channels. The top 70 brands largely fall in retail business, the downstream of the jewelry industry, covering jewelry such as…

Shanghai’s Pudong attracts more foreign investment

A view of the financial center of Shanghai’s Pudong New Area. WANG GANG/FOR CHINA DAILY SHANGHAI – East China’s Shanghai Pudong New Area received more than $3.14 billion in actualized foreign investment in the first five months of the year, an increase of 32.3 percent year-on-year, official data shows. The area has taken measures to…

Foreign delegates marvel at ‘smart’ thermal power plant in Beijing

A delegation of 50 teachers and students from Peking University International Summer School visit Beijing Gas Thermal Power Plant on July 3, exchanging ideas on China’s “dual-carbon” policy. [Photo provided to chinadaily.com.cn] While visiting a “smart” thermal power plant in Beijing, an American exclaimed that the country’s advanced equipment and innovative practices are closely connected…

Post-95 generation attracted to first-tier cities

College students attend an on-campus job fair in Huzhou, Zhejiang province on Nov 12, 2022. [Photo/VCG] Beijing has become China’s most attractive city for talent from the post-95 generation this year, followed by Shenzhen, Shanghai and Guangzhou, according to a report released by Zhilian Recruitment, one of the major recruitment platforms in China, People’s Daily…

Experts call for new incremental policies to boost domestic demand

A customer shops for eggs at a supermarket in Handan city, North China’s Hebei province, June 9, 2025. [Photo/Xinhua] China should reinforce its commitment to boosting domestic demand with new incremental policies in the second half, in a bid to solidify the recovery trend seen in the first six months, leading economists said on Wednesday.…

European Statistical Monitor: July edition

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Active participation in China’s energy investment and cultural welfare

The port of Ras Tanura is in the Eastern Province of Saudi Arabia. Most of Aramco’s crude oil sold to China is handled through this port. [Photo provided to chinadaily.com.cn] How the Aramco-China relationship is shaping a brighter future Recently, the Saudi Arabian Oil Company (Aramco) collaborated with the China Building Materials Academy (CBMA) to…