The first shipment of high-grade iron ore from the world-class Simandou deposit in Guinea arrived at Rizhao Port in East China’s Shandong province on Wednesday, marking a transformative milestone for the global steel industry’s transition toward low-carbon production. The shipment was delivered by SimFer, a joint venture between the government of the Republic of Guinea,…
BEIJING – The People’s Bank of China (PBOC) will continue to implement a moderately loose monetary policy in 2026, and will utilize tools such as reserve requirement ratio (RRR) cuts and interest rate reductions to ensure liquidity remains sufficient, according to central bank governor Pan Gongsheng. Monetary policy will focus on promoting stable economic growth…
In 2024, the EU economy’s greenhouse gas emissions by economic activities and households totalled 3.3 billion tonnes of CO2 equivalents. This represents a 1% decrease compared with 2023 and a 20% reduction compared with 2013. Between 2013 and 2024, the energy sector (supply of electricity, gas, steam and air conditioning) achieved the sharpest rate of…
URUMQI — China’s largest land port for automobile exports, the Horgos Port in Northwest Xinjiang Uygur autonomous region, saw vehicle exports reach a record high in 2025. According to statistics released by the Horgos Customs on Wednesday, 450,000 vehicles were exported via the port last year, marking a year-on-year increase of 6.9 percent. Currently, an…
311,000 passenger trips, 7.5 billion yuan ($1.08 billion), 5,132 new foreign trade enterprises. These figures capture the remarkable progress made by Hainan FTP since Dec 18. One-month on from the implementation of the pioneering island-wide, special customs policy, follow China Daily’s lens to discover the new stories unfolding across Hainan. Tanks to chinadaily.com.cn Please visit:…
As the Chinese New Year approaches, Auckland Airport is working with airline partners to add capacity between China and New Zealand, signaling growing confidence in sustained demand for air travel between the two countries. Air China is adding extra services over the Chinese New Year period, while China Southern Airlines has expanded flights this New…
Eyeing deeper strategic cooperation in the home entertainment sector, Japan’s Sony Corp announced on Tuesday that it had reached an initial agreement with China’s home appliance heavyweight TCL Electronics Holdings Ltd for the establishment of a joint venture to take over the former’s home entertainment business. According to a memorandum of understanding, the proposed JV…
BEIJING – A Chinese Ministry of Commerce spokesperson on Thursday welcomed Canada’s new trade arrangements for electric vehicles (EVs) exported from China, calling them “a positive step in the right direction.” Spokesperson He Yongqian made the remarks when answering a question on the agreements on EVs and rapeseed reached between the two countries. According to…
Italian blogger Luca Ferraina traveled to Yunnan, China, heading straight to Dali Ancient Town and Xizhou ancient town for a culture-and-travel adventure full of surprises.… Read More »An Italian blogger’s Dali adventure: Experiencing insect cuisine and tie-dye wonders
