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Lawmakers adopt revised law on fair market practices

This panoramic aerial photo taken on Jan 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] Chinese lawmakers passed a revised version of the anti-unfair competition law on Friday, as part of the country’s broader efforts to drive a fair and orderly market…

BASF’s Zhanjiang plant nears 2025 launch

German chemical giant BASF’s Verbund site project in Zhanjiang, Guangdong province, is expected to launch production and operation by the end of 2025, according to a senior marketing manager of the company. “We have high expectations for operations of the Verbund site project, which is one of BASF’s most important projects in China,” said Mao…

Expert: China’s consumption efforts benefit global economy

Jiang Zhao, an associate researcher with the Chinese Academy of International Trade and Economic Cooperation, has said during an exclusive interview with China Perspectives that against the backdrop of rising trade protectionism and escalating international geopolitical tensions, China’s efforts to build a global consumption community with shared interests carry profound strategic significance. This initiative not…

Longi announces plans for solar panel factory in Indonesia

Chinese solar technology giant Longi Green Energy Technology Co announced plans for a solar panel manufacturing facility in Indonesia on Wednesday. According to Longi, the facility, which will be run in conjunction with Indonesia’s state-owned Pertamina New & Renewable Energy company, underscores a shared commitment to advancing renewable energy adoption in Southeast Asia and Indonesia’s…

Bolder steps likely to boost demand

China may soon reinforce its commitment to stabilizing growth with bolder, innovative measures aimed at promoting a consumption-driven recovery, as weak domestic demand continues to weigh on corporate profits, said leading economists and analysts. They said such efforts would not only bolster confidence in achieving the country’s full-year growth target, but also enhance the appeal…

Chinese scientists develop new device to convert tire friction into clean energy

BEIJING – A team of Chinese scientists has developed a groundbreaking device capable of converting the friction between vehicle tires and roads into clean electricity. The device, called the roadbed tribological energy harvester (RTE harvester), presents a novel approach to harnessing a vast and previously untapped source of energy. An estimated 85 percent of a…

Self-developed gas field transforming China’s energy outlook

China’s first self-developed ultra-deep-water gas field, Shenhai-1, reached full production on Wednesday, becoming the country’s largest offshore gas field by output, according to operator China National Offshore Oil Corp (CNOOC). All 23 subsea wells at the field are now in operation, reaching a peak daily capacity of 15 million cubic meters, it said.The full commissioning…

China to review export applications as US lifts restrictions

China will review and approve export applications for controlled items that meet the required criteria, while the United States will lift a series of restrictive measures previously imposed on China, said the Ministry of Commerce on Friday. The remarks came after China and the US reached a principled agreement during economic and trade talks held…

WIC hosts open forum on bridging digital divide during 2025 IGF

On June 24, the World Internet Conference (WIC) hosted an open forum on “Bridging the Digital Divide: Focusing on the Global South” during the 2025 United Nations Internet Governance Forum (IGF) in Lillestrom, Norway. The forum addressed the growing risk of digital inequality, especially in developing countries, as emerging technologies such as artificial intelligence continue…

Energy SOE helps drive high-quality development

Anhui Province Energy Group Co Ltd, a State-owned enterprise at the heart of China’s power transition and regional development, is stepping up efforts to promote employment and talent development as part of its high-quality growth push. The group, as a major player in the country’s energy supply security, low-carbon transition and industrial transformation, said that…