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Inner Mongolia’s outbound power transmission exceeds 300b kWh

The high-voltage power grid stretches across the grasslands of Inner Mongolia autonomous region. [Photo provided to chinadaily.com.cn]] In 2024, Inner Mongolia autonomous region, one of China’s key energy-producing regions, transmitted 315 billion kilowatt-hours of electricity to other provinces and municipalities, securing its position as the nation’s top electricity exporter. This strong momentum has continued into…

Foreign firms sanguine on Chinese market

Employees work on the production line of a foreign-funded electronics company in Rongcheng, Shandong province. LI XINJUN/FOR CHINA DAILY Foreign companies remain steadfast in expanding their presence in the Chinese market, driven by the country’s economic vitality and an increasingly optimized business environment that bolsters their confidence, business executives said on Wednesday. Despite rising geopolitical tensions…

Proactive moves afoot to revive economy

MA XUEJING/CHINA DAILY China’s policymakers will enhance countercyclical adjustments and take more steps to boost consumption, as the broader economy still faces pressing challenges from lackluster domestic demand and uncertainties from the external environment, economists said. Their comments have come at a time when the market is eagerly awaiting proactive moves to revive the economy…

Bayer doubles down on commitment to China pharmacare

The launch ceremony of Bayer E-Town Open Innovation Center is held in Beijing on Monday. [Photo provided to China Daily] Germany-based life sciences giant Bayer unveiled Bayer E-Town Open Innovation Center in Beijing on Monday, adding another tier to the company’s long-term commitment to Chinese healthcare. “This is another significant milestone for Bayer Pharmaceuticals in…

Whetting buying sentiment prioritized

A raft of policies to boost consumption is in the pipeline, aiming to propel domestic demand to the forefront of economic expansion, particularly benefiting sectors like household appliances, electronics as well as intelligent and low-carbon equipment, said experts on Wednesday. The remarks were made following the delivery of the Government Work Report during the ongoing…

How the right cultural products can reshape our approach to consumption

A moviegoer walks past film posters at a cinema in Jiaxing city, East China’s Zhejiang province, Feb 3, 2025. [Photo/Xinhua] As I sat in the cinema watching Ne Zha 2 for the first time, I couldn’t help but marvel at how this animated film has grown from a highly anticipated sequel to a full-scale cultural…

Chinese firm unveils more reliable, efficient battery

With the formal implementation of the new national standards, GB43854-2024 Safety Technical Specification of Lithium-ion Battery for Electric Bicycle and GB40559-2024 Lithium-ion Cells and Batteries Used in Electric Self-Balancing Vehicle and Scooters — Safety Technical Specification, the electric two-wheeled vehicle market is advancing toward greater standardization and regulation. In response to these developments, BAK Battery…

China confident of hitting growth rate

The opening meeting of the third session of the 14th National People’s Congress is held at the Great Hall of the People in Beijing, March 5, 2025. [Photo/Xinhua] China’s economic growth target of around 5 percent this year is in line with the country’s situation and the laws of economic development, and China is fully…

Robotics revolution leads Hebei’s innovation push

Residents perform a dragon dance at a square in Yuxian county of Zhangjiakou, Hebei province, on Feb 1. MA SHENGLI/FOR CHINA DAILY Welcome to the restaurant of the future. In an eatery in Tangshan, Hebei province, a staff member taps on a screen to confirm the order — muxurou — and then places the preprepared…

EU renewable energy for heating and cooling reaches 26%

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