Sinopec employees check CCUS equipment operations in Dongying, Shandong province. [Photo/Xinhua] China’s three State-owned oil giants have been accelerating efforts in new energy sectors, including solar, hydrogen and wind power, to diversify revenue sources and adapt to a fast-changing global energy landscape. This is part of the oil giants’ efforts to expand their renewable portfolios…
A shopper tries on a gold bracelet at a jewelry store in Chongqing. SUN KAIFANG/FOR CHINA DAILY Despite the impact of high gold prices, seasonal factors have buoyed a quarter-on-quarter resurgence in gold jewelry demand within the Chinese market from July to September, the World Gold Council said on Wednesday. The council anticipates a possible…
Visitors take photos of the flying car developed by Xpeng Aeroht, which is affiliated with automaker Xpeng, at the China Intelligent Connected Vehicle Show and Automatic Driving Expo in Shanghai, Aug 9, 2024. [Photo/VCG] Chinese carmaker Xpeng’s aerial vehicle arm Xpeng Aeroht has begun construction of a manufacturing base for its modular flying cars in…
Employees of an engineering machinery manufacturer in Shandong province work on the company’s production line of loaders. [Photo/Xinhua] China’s manufacturing activity expanded last month for the first time in half a year, official data showed on Thursday, as stimulus measures boosted production and revived confidence, boding well for fourth-quarter economic momentum and the full-year growth…
A prospective homebuyer looks at a property model during an expo in Shenzhen, Guangdong province. [CHINA DAILY] The total transaction volume of China’s new and second-hand homes recorded its first increase in October after an eight-month decline, the Ministry of Housing and Urban-Rural Development said on Friday. The nationwide sales volume of new homes rose…
A staff member is using the touchscreen of a new vehicle displayed at an automotive exhibition in October 2024. [Photo provided to chinadaily.com.cn] Car owners in China are reporting more complaints about vehicle designs this year than they did in 2023, according to a J.D. Power survey released on Thursday. The 2024 China Vehicle Dependability…
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Jinbao, mascot of the China International Import Expo. [Photo/Xinhua] Amid a tepid economic recovery globally, the China International Import Expo is leveraging its role as an international public good to better support least developed countries (LDCs) in accessing China’s super-sized market and further integrating into the world economy, experts and executives said. This year’s expo,…
CHINA DAILY OSLO — As the seventh China International Import Expo approaches, Danfoss, a leading Danish energy efficiency solutions firm, is preparing to showcase its innovative products and announce new strategic partnerships aimed at contributing to China’s green transition. This year marks Danfoss’ fifth appearance at the CIIE, and the company’s leadership is optimistic about…
This photo taken on Jan 2, 2024, shows a container ship named “WAN HAI 357” berthing at the Dalian port in Northeast China’s Liaoning province. [Photo/Xinhua] China’s marine economy expanded steadily last year, with a gross output of 9.9 trillion yuan ($1.39 trillion), up 6 percent year-on-year, ThePaper reported on Thursday. China’s marine economic development…