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Green methanol route to nation’s carbon goal

The Geely logo is seen on a rim at a car dealership in Shanghai, on Aug 17, 2021. [Photo/Agencies] China’s energy experts and business leaders are calling for accelerated development of green methanol, underscoring its potential as a renewable fuel to support the country’s goal of achieving carbon neutrality before 2060. Li Shufu, chairman of…

China helps stabilize global market

This aerial photo taken on Sept 12, 2023 shows a view of the container terminal of Haikou Port in Haikou, South China’s Hainan province. [Photo/Xinhua] China’s commitment to higher-level opening-up is strengthening fair competition in the global market, and its push to establish a high-standard socialist market economy is bringing much-needed stability and certainty amid…

China completes its deepest geothermal well

A scene of China’s deepest geothermal scientific exploration well located in Haikou, Hainan province. [Photo/Xinhua] China’s deepest geothermal scientific exploration well, deployed by China Petrochemical Corporation, was officially completed on Thursday, the company said. As the country’s first deep geothermal scientific exploration well exceeding 5,000 meters, located in Haikou, Hainan province, the project represents a breakthrough in…

Shanghai’s real estate market showing signs of recovery

Potential buyers visit a model room at a real estate agency’s sales office in Shanghai on June 4. [YIN LIQIN/CHINA NEWS SERVICE] Backed by combined policy support from central and local levels, Shanghai’s real estate market has shown recovery signs, with industry experts expecting an across-the-board restoration in coming months. “A series of positive changes…

Audi China advances biodiversity campaign with new guidebook

Beijing Biodiverse City Ancient Tree Guidebook and Beijing Biodiverse City Bird-watching Guidebook. CHINA DAILY Birds and trees are not often associated with cars or automotive manufacturers. But Audi is a maverick that has stepped forward to change the stereotype, convinced that biodiversity in major cities is essential for sustainable development. For the past two years, the…

Measures needed for expansionary growth

CAI MENG/CHINA DAILY On Sept 26, the Political Bureau of the Communist Party of China Central Committee held a meeting to analyze and study the current economic situation and make further arrangements for economic work, sending signals of vowing to hit the targets for this year’s economic and social development. According to the meeting, the…

Some curbs on buying in top cities to remain

A view of a property project under construction in Yantai, Shandong province, May 12, 2024. [Photo/VCG] Although speculation is rife that China’s largest cities may further lift restrictions on home purchases, industry experts say certain existing requirements for buying houses in China’s top-tier cities may, in fact, be necessary. A meeting of the Political Bureau…

Nissan underscores commitment to China at CIIE

Isao Sekiguchi, Nissan’s corporate vice-president, delivers a speech at the CIIE on Nov 6, 2024. [Photo by Li Fusheng/chinadaily.com.cn] With China’s evolving market trends, Nissan is accelerating its electrification efforts, planning to launch eight new energy models, including five under the Nissan brand, by fiscal year 2026 to meet diverse consumer needs. Isao Sekiguchi, Nissan’s…

Breakthroughs and prospects of trade-in deals for consumer goods

File photo shows the Lujiazui area in East China’s Shanghai. [Photo/Xinhua] China has issued 300 billion yuan ($42 billion) in treasury bonds as a stimulus package to support large-scale equipment upgrades and trade-in deals for consumer goods. It is recommended that the government further strengthen coordination between fiscal subsidies and financial services, and continuously expand…

Daxing attracts more high-tech industries

A technician operates a device at a workshop of Beijing CRS Medical Device Co Ltd in Beijing on Oct 13. LI XIN/XINHUA BEIJING — In a sleek, automated workshop at the Daxing International Airport Economic Zone in southern Beijing, technicians from dental implant manufacturer CRS are meticulously checking their implants for any defects under microscopes. CRS,…