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Guangzhou plans to raise per capita GDP to $30,000 by 2030

The regional GDP of Guangzhou, the capital of Guangdong province, is expected to reach about 4.5 trillion yuan ($660 billion), with a per capita GDP exceeding $30,000 by 2030, according to the city’s outline of the 15th Five-Year Plan (2026-30) for national economic and social development. “With such regional GDP growth, we will take the…

Euro area annual inflation up to 3.2%

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EU tourism nights in the first quarter of 2026 up 3%

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Quanzhou steps up joint efforts against maritime tobacco smuggling

Quanzhou in Fujian province has stepped up joint maritime law enforcement to curb tobacco smuggling, as smugglers adopt more concealed methods and pose growing challenges to coastal governance, local authorities said. The coastal city, with nearly 500 kilometers of coastline, 11,360 square kilometers of sea area and 14 harbors, was once used as a transit…

AI integration plan for energy sector

High-power broadband equipment is deployed at a 3D intelligent full-waveform inversion data acquisition site of China National Petroleum Corp. CHINA DAILY China is stepping up efforts to integrate artificial intelligence into its energy sector, leveraging cutting-edge technology to drive industrial modernization, boost operational efficiency, and secure its energy future, according to industry reports and corporate…

Fight against neurodegenerative diseases intensified

As China steps up efforts to adapt its healthcare system to better support an aging population, Swiss drugmaker Roche is expanding its neuroscience footprint in the country. The company is confident that advances in diagnosis and targeted therapies can reshape treatment for neurological disorders long considered among medicine’s toughest challenges. The World Health Organization has…

Banks elucidate costs of financing

A number of small and medium-sized banks in China issued announcements in May, stating that they are implementing policies requiring the disclosure of the comprehensive financing costs of corporate loans. Analysts said this is not merely an information disclosure requirement, but also an institutional tool aimed at lowering financing costs for the real economy, strengthening…