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Spring Festival celebrations to amplify consumption

The “crying horse” stuffed toys attract people’s attention at the Yiwu International Trade City in Yiwu, East China’s Zhejiang province, on Jan 12. LYU BIN/FOR CHINA DAILY As China heads into the Year of the Horse, consumer demand is being released earlier than usual, propelled by the country’s longest Spring Festival holiday on record and…

Lanzhou New Area emerges as hub for future industries in Northwest China

Once known for its challenging natural conditions and vast stretches of undeveloped land, Lanzhou New Area in Northwest China’s Gansu province in the past decade has rapidly emerged as a hub for future-oriented industries driven by technological innovation, smart manufacturing and digital trade. At the heart of its high-end medical equipment sector is a domestically…

China to deepen high-quality capital account opening

China will deepen high-quality capital account opening and improve the diversified investment and use of the country’s foreign exchange reserves in the next five years, as part of broader efforts to sharpen its financial strength, a senior official said. In an article published by Qizhi magazine, Zhu Hexin, head of the State Administration of Foreign Exchange,…

EU agricultural land price increased by 6.1% in 2024

In 2024, the average price of 1 hectare of arable land in the EU was an estimated €15 224, an increase of 6.1% compared with 2023 (€14 343). The average annual rental price of arable land and permanent grassland was an estimated €295 per hectare, an increase of 6.4% compared with 2023 (€277). This information…

China energy giant reports breakthrough in solar, EV material production

A subsidiary of the State-owned energy giant China National Petroleum Corporation (CNPC) has achieved industrial-scale production of a critical material used in solar panels and electric vehicles, marking a significant breakthrough in China’s efforts to reduce its reliance on high-tech imports. The Dushanzi petrochemical plant located in China’s Xinjiang Uygur autonomous region produced nearly 60,000…

Six industries power China’s future growth

What’s China’s next growth engine? The recommendations for the 15th Five-Year Plan have the answer! With six key industries charting the course, a blueprint for China’s future tech and economic growth is taking shape. Innovation is at full throttle, and the future is locked in. Which sector are you most bullish on? Let us know…

Tax data reveals China’s high-quality growth momentum in 2021-2025

A worker is seen on an LED production line at an electronics company in Zigui county, Central China’s Hubei province, Jan 27, 2026. [Photo/Xinhua] BEIJING – China’s economy accelerated its transition toward innovation-led and green development during the 14th Five-Year Plan period (2021-2025), according to tax invoice data released on Wednesday. High-end manufacturing showed robust…

76.9% of internet users protected their data in 2025

In 2025, 76.9% of EU internet users protected their data online by taking steps to manage access to their personal data, an increase of 3.7 percentage points (pp) compared with 2023 (73.2%). Majority of internet users (58.8%) chose not to allow their personal data to be used for advertising, while 56.2% restricted or refused access…

China’s 5G base stations top 4.83 million by end of 2025

BEIJING — China’s telecommunications sector maintained steady growth in 2025, with the country surpassing its development goals for 5G and gigabit optical network infrastructure set out in the 14th Five-Year Plan period (2021-25), official data showed Wednesday. By the end of 2025, the number of 5G base stations in China reached 4.838 million, according to…