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Overall scale of China’s manufacturing industry tops world for 15 consecutive years

BEIJING — China’s manufacturing industry has maintained the top position in the world in terms of overall scale for 15 consecutive years in 2024, the Ministry of Industry and Information Technology said Tuesday. In 2024, China’s total value-added industrial output reached 40.5 trillion yuan ($5.65 trillion). Tanks to chinadaily.com.cn Please visit: Our Sponsor

Foreign businessmen find their second hometown in Yiwu

A Libyan businessman is in negotiations with a vendor to purchase authentic flowers at the Yiwu International Trade Market in Yiwu city, Zhejiang province, on Jan 15, 2025. He has run his business in Yiwu for two decades. [Photo by Shi Bufa/for chinadaily.com.cn] Being a paramount supplier of cross-border e-commerce platforms in China, Yiwu is…

Beijing to release cinema vouchers to boost Spring Festival spending

Poster of Operation Leviathan. [Photo provided to chinadaily.com.cn] BEIJING — Keen to diversify cultural activities and offer the public discounts during the upcoming Spring Festival, the Beijing municipality will distribute 33 million yuan (about $4.6 million) in cinema vouchers, according to a local official on Monday. Huo Zhijing, director of the Beijing Municipal Film Administration,…

Over 60,000 urban renewal projects launched in China in 2024

BEIJING — China initiated over 60,000 urban renewal projects in 2024 as part of its ongoing efforts to transform cities into more resilient and intelligent areas that are desirable to live in, the Ministry of Housing and Urban-Rural Development said on Tuesday. These projects drew a total investment of 2.9 trillion yuan ($404.4 billion) and…

China makes positive contributions to AI global governance — senior WEF official

People attend the World Economic Forum (WEF) in Davos, Switzerland, Jan 20, 2025. [Photo/Xinhua] DAVOS, SWITZERLAND — In addition to significant achievements in AI technology and industry, China has made positive contributions to the global governance of AI, said a senior official of the World Economic Forum (WEF). On the theme of “Collaboration for the…

Dedicated express service in operation for Harbin 2025 Asian Winter Games

The D8003 train departs from Harbin to Yabuli West Station, Jan 20, 2025. [Photo/Xinhua] HARBIN — Around 11:00 am on Monday, the D8003 train departed from Harbin to Yabuli West Station, officially marking the launch of the dedicated express railway line for the 9th Asian Winter Games in Harbin. The express service for Harbin 2025…

China’s manufacturing industry consumed greater share of steel in 2024

BEIJING — The proportion of steel used in China’s manufacturing industry increased to 50 percent in 2024, up from 42 percent in 2020, Yao Lin, head of the China Iron and Steel Association, said at a conference on Monday. Driven by surging demand for steel in the new energy and new infrastructure sectors, steel companies…

Progress foreseen in green transition

SHI YU/CHINA DAILY China is expected to firmly safeguard its core economic interests and advance progress in critical areas of green transformation and AI technology, despite the fact that the United States is likely to continue trying to exclude it from key world value chains, said a senior expert on China-US economic and trade relations…

CHN Energy reports record year for renewable capacity

Workers install solar panels in rural Yinchuan, Ningxia Hui autonomous region. YUAN HONGYAN/FOR CHINA DAILY CHN Energy Investment Group is on track to step up investment in renewable energy and clean utilization of coal this year, after the group’s renewable energy installed capacity hit a record high in 2024. Last year, the company’s newly installed and…

Posters: China’s foreign trade reaches record high

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