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Guangdong plans diversified green power system by 2030

At a press conference in Guangzhou on Wednesday, a senior Guangdong official laid out the province’s plans to build a diversified and green power supply security system in line with its intention to develop its clean energy industry during the 15th five-year-plan period (2026-30). The plans include developing safe and efficient nuclear power, offshore wind…

Euro area international trade in goods surplus €11.5 bn

Euro area The first estimates of euro area balance showed a €11.5 bn surplus in trade in goods with the rest of the world in February 2026, compared with + €23.1 bn in February 2025. The euro area exports of goods to the rest of the world in February 2026 were €232.4 billion, a decrease…

EU’s employment rate grew above 76% in 2025

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Tesla exec: Shanghai factory ‘key’ to company’s technological advancement

Allan Wang, vice-president of Tesla Inc and president of Tesla China. [Photo provided to chinadaily.com.cn] Positioning Tesla as an AI and robotics company more than an automobile manufacturer, a senior executive of Tesla said the company is able to make significant contributions to the production of robots with its Shanghai gigafactory “a golden key to…

Service sector becomes main driver of China’s economy

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Expo set to boost China biz

A view of Canada’s booth at the China International Consumer Products Expo in Haikou, Hainan province. LI TIANPING/FOR CHINA DAILY Canadian companies are stepping up efforts to tap China’s vast consumer market, using the ongoing China International Consumer Products Expo as a launching pad for new products and deals as bilateral trade relations between the…

Qilou + Runway: Hainan in the spotlight

Qilou meets the runway as Hainan Funteen Fashion Week builds a stylish bridge to the world. The opening show of the Hainan Funteen Fashion Week unfolded against the backdrop of the century-old Qilou (or arcade buildings), where global aesthetics came to life. The show is headlined by Chinese supermodel Hu Bing, who is also the…

Sun Dong: HK to forge international innovation and technology hub

The 2026 World Internet Conference (WIC) Asia-Pacific Summit was held in Hong Kong on April 13. In his address at the event, Sun Dong, secretary for Innovation, Technology and Industry of Hong Kong SAR Government, said that amid the wave of digital transformation, technological innovation and international cooperation are essential to advancing sustainable development. He…

Green efforts underlined to shield supply

China is set to accelerate the construction of a new, resilient energy system to buffer against escalating global market uncertainties, leveraging the “certainty” of its own domestic energy development to counter geopolitical turbulence. Wang Hongzhi, head of the National Energy Administration, emphasized the need to double down on renewable energy expansion while ensuring the safe,…