BEIJING — The revenues of China’s state-owned enterprises (SOEs) went up 1.3 percent in 2024 from the previous year, recent official data showed. The SOEs raked in 84.72 trillion yuan ($11.77 trillion) in operating revenues in 2024, data from the Ministry of Finance showed. The combined profits of SOEs edged up 0.4 percent year-on-year to…
A visitor experiences a passenger-carrying drone at the EHang booth at the 5th China International Consumer Products Expo in Haikou, South China’s Hainan province, on April 15, 2025. [Photo/Xinhua] New innovations in the low-altitude economy are on display at the ongoing 5th China International Consumer Products Expo held in Haikou of Hainan province, China News…
China’s consumer prices fell at a slower pace in March, while the annual decline in factory-gate prices deepened, official data showed on Thursday. The country’s consumer price index, the main gauge of inflation, fell by 0.1 percent year-on-year in March after a 0.7 percent drop in February, according to the National Bureau of Statistics. Within…
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Visitors gather at the low-altitude economy display section during the ongoing fifth China International Consumer Products Expo in Haikou, Hainan province. [LUO YUNFEI/CHINA NEWS SERVICE] China’s policy support and increased capital spending are propelling its low-altitude economy to potentially lead the global market, following the trajectory set by electric vehicles, said business leaders attending the…
This photo taken on April 10, 2025 shows the Hainan International Convention and Exhibition Center, the main venue of the upcoming fifth China International Consumer Products Expo (CICPE) in Haikou, Hainan province. [Photo/Xinhua] HAIKOU — At the fashion lifestyle exhibition area of the ongoing 5th China International Consumer Products Expo in Haikou, capital of South…
The World Internet Conference (WIC) hosted the “Journey into the China Unicom Global · WIC Member Day” event in Hong Kong on April 15. Over 30 representatives from embassies in China, government department, industry associations, enterprises, universities and media outlets participated in on-site visits to explore innovative practices in digital technology-driven international cyberspace cooperation. Ren…
Workers process palm oil imported from Malaysia on a production line at the factory owned by COFCO Corp at the China-Malaysia Qinzhou Industrial Park in the Guangxi Zhuang autonomous region on June 13, 2024. ZHANG AILIN/XINHUA Mazlim Husin, chief commercial officer of Kuantan Port, has personally seen how Chinese investments have transformed Kuantan — the…
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People enjoy a meal at a restaurant in a historical block in Nanhu district of Jiaxing city, East China’s Zhejiang province. [Photo/Xinhua] BEIJING — China’s per capita disposable income increased by 5.5 percent year-on-year in nominal terms in the first quarter (Q1) of 2025, official data showed on Wednesday. The country’s per capita disposable income…