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China’s electricity consumption, a key barometer of economic activity, maintained steady growth in the first two months of 2026, with high-tech manufacturing and digital services emerging as the primary engines of demand. Data released by the National Energy Administration on Tuesday showed that the country’s total power usage reached 1,654.6 billion kilowatt-hours during the January-February…
China General Nuclear Power Group has marked a significant milestone in international energy cooperation with the establishment of the Lao Clean Energy Power Standard Research Institute. As the first research organization dedicated to clean energy standards founded by a Chinese enterprise overseas, the institute aims to bridge the development needs of both China and Laos…
Newsonic Electronics’ radio frequency front-end components used in Honor’s smartphone X6d. [Photo provided to chinadaily.com.cn] In a significant development for China’s semiconductor industry, a recent teardown of Honor’s latest overseas smartphone model, the X6d, has revealed that domestic company Newsonic Electronics is supplying a comprehensive suite of radio frequency front-end components for the device. This…
Ouyang Minggao, a leading Chinese NEV expert, speaks at a China EV100 meeting on March 13, 2026. [Photo provided to chinadaily.com.cn] Solid-state battery test vehicles are expected to appear on China’s roads from the end of this year through 2027, but mass production is still at least three to five years away, cautioned Ouyang Minggao,…
The Greenland Global Commodity Trading Hub in the Shanghai Hongqiao International Central Business District. [Photo provided to chinadaily.com.cn] As the Hongqiao International Opening-up Hub celebrates its fifth anniversary, its core area, the Shanghai Hongqiao International Central Business District (CBD), has unveiled significant progress as a key global trade hub. Over the past five years, the…
China’s initiatives, such as “Shopping in China” and “Export to China”, have reflected the country’s push to boost domestic consumption and expand market opportunities, drawing global companies seeking to align their strategies with the rising consumer demand and innovation potential. Joy Fan President and CEO, China The Estée Lauder Companies The Estée Lauder Companies highlighted the…
An aerial drone photo taken on Jan 14, 2026 shows cargo ships loading and unloading containers at a container terminal in Xiamen, Southeast China’s Fujian province. [Photo/Xinhua] BEIJING — China will expand its pilot cities for a cross-border trade facilitation campaign to 45 in 2026, up from 25 in 2025, the General Administration of Customs…
BEIJING — China’s foreign exchange market remained generally stable in February despite heightened geopolitical tensions and increased volatility in international financial markets, the country’s forex regulator said on Monday. The Chinese foreign exchange market recorded transactions worth $2.6 trillion in February, while cross-border receipts and payments by non-banking sectors totaled $1.2 trillion, according to the…
Consumers line up for collectible toys at a Pop Mart store in San Francisco on Dec 23. AIDIN VAZIRI/SAN FRANCISCO CHRONICLE/AP Pop Mart International Group, a Beijing-based collectible toy and entertainment brand behind the globally popular Labubu figures, is establishing its United States regional headquarters in California as it seeks to expand its North and…