Employees inspect PV panels at a solar power station in Tianchang, Anhui province, on Jan 12. SONG WEIXING/FOR CHINA DAILY China’s installed solar power capacity is on track to surpass coal for the first time in 2026, solidifying the country’s position as the world’s premier powerhouse in the renewable energy revolution, said industry experts. The…
China’s commercial space industry, which has been booming on the back of recent milestones in reusable rockets and satellite constellations, is now driving rapid growth in the emerging space photovoltaics sector, according to experts. Space photovoltaics, as a core supporting component of commercial spaceflight, is becoming the critical backbone for the long-term power supply of…
Amid rapid economic momentum, Xiong’an New Area in Hebei province recorded a surge in foreign trade in 2025, with total imports and exports jumping nearly nineteenfold to 71.95 billion yuan ($10 billion). The remarkable performance is attributed to a series of measures implemented to promote high-quality development in the area’s foreign trade and investment. Xiong’an…
Amid heightened volatility in global commodity markets, the A-share market retreated on Monday, reflecting short-term pressure from a sharp correction in precious metals. However, market participants noted that policy support and sector-specific resilience continued to provide a stabilizing underpinning for the broader market. The benchmark Shanghai Composite Index shed 2.48 percent to close at 4,015.75…
CAI MENG/CHINA DAILY During the 15th Five-Year Plan (2026-30) period, China should make coordinated efforts in policy support, technological empowerment, institutional innovation, scenario expansion, and platform globalization to build a more efficient, inclusive and sustainable digital consumption ecosystem, providing stronger momentum for expanding domestic demand and promoting a more efficient circulation between supply and demand.…
A resident shops at a supermarket in Wenhua community in Xiong’an New Area, North China’s Hebei province, Nov 25, 2025. [Photo/Xinhua] Since the beginning of 2025, in the backdrop of a complex and volatile external environment, China has placed greater emphasis on boosting consumption to comprehensively expand domestic demand. Various policies to stimulate consumption have…
Ford displays its models at the Chengdu auto show in August 2025. Li Fusheng /FOR CHINA DAILY China’s Geely and Ford are in discussions about using spare production capacity at the US carmaker’s European plants to manufacture vehicles for the region, Reuters reported on Wednesday. Ford saw its sales falling in Europe from 518,000 units…
Nanshan district in Shenzhen, Guangdong province, is showing how technological innovation can lead to economic growth — even with limited resources — and turn it into a sustainable driver of development. Li Xiaoning, head of Nanshan district, recently announced that the district had surpassed the 1 trillion yuan ($143.7 billion) GDP benchmark for the first…
China Railway ensures power supply safety of high-speed trains – Chinadaily.com.cn Home Business Companies Top Copyright 1994 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be…
Despite the latest A-share pullback, foreign financial institutions remain upbeat on China’s equity markets, citing consumption-led rebalancing, shareholder return reforms and profitability improvements as key medium to long-term growth drivers. Patrick Zweifel, chief economist at Pictet Asset Management, said that the Swiss asset manager maintains an overweight position in Chinese equities, emphasizing that the positive…