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Nation’s annual power use hits new milestone

China’s annual electricity consumption surpassed 10 trillion kilowatt-hours for the first time in 2025, a milestone highlighting the country’s accelerating shift toward high-tech manufacturing and broad-based electrification, industry experts said. Total power usage reached around 10.4 trillion kWh last year, up 5 percent year-on-year, reinforcing China’s position as the world’s largest energy consumer, according to…

First batch of Simandou iron ore arrives in China

The Winning Youth cargo ship arrived at Majishan port in Zhejiang province on Jan 17, 2026, carrying with it nearly 200,000 tons of iron ore produced in Guinea, West Africa. [Photo provided to chinadaily.com.cn] The Winning Youth cargo ship arrived at Majishan port in Zhejiang province on Saturday, carrying with it nearly 200,000 tons of…

Property market making strides toward stabilization, expert says

China’s property market made major progress in its recovery in 2025, with its transition path becoming clearer and providing a firm foundation for market stability, an expert said on Monday. During a forum on 2026’s economic outlook hosted by China News Service, Wu Jing, head of the center for real estate at Tsinghua University, said…

‘Dalian Night’ event previews Summer Davos Forum host city

Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. [Photo by Xu Boyuan/For chinadaily.com.cn] Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. The event served as a prelude to this year’s meeting…

‘Dalian Night’ event previews Summer Davos Forum host city

Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. [Photo by Xu Boyuan/For chinadaily.com.cn] Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. The event served as a prelude to this year’s meeting…

Guangdong’s trade volume reached new heights in 2025, data shows

Fully loaded cargo ships are seen on Dec 9 at the Shekou Container Terminal in the western port area of Shenzhen, Guangdong province. [Photo/Xinhua] Guangdong, China’s largest trading province, recorded steady growth in foreign trade throughout last year, with imports and exports rising in every quarter, customs authorities said on Monday. According to a statement from…

Chow Tai Fook expands overseas market, enters Bangkok’s shopping mall

Chow Tai Fook Jewellery Group announced last Friday its entry into Bangkok’s iconic Siam Paragon mall, while concurrently appointing Chinese actor Yang Yang as its global brand ambassador. [Photo provided to chinadaily.com.cn] Chow Tai Fook Jewellery Group announced its entry into Bangkok’s iconic Siam Paragon mall. With over 5,000 stores worldwide, Chow Tai Fook’s Thailand…

Sharing views: How China forges economic ties with your country

As a major engine of global economic growth, China actively engages with the world through its commitment to openness and continuous technological innovation. Its vast market provides a stable and reliable platform for international exchange and cooperation. By 2025, China had established trade relations with 249 countries and regions, achieving trade growth with more than…

Nation ramping up policies to spur consumption

China is stepping up efforts to boost domestic demand by placing greater emphasis on raising people’s incomes, expanding consumption capacity and fostering stronger internal economic circulation, in a bid to address persistent demand shortfalls and support more sustainable growth, the country’s top economic regulator said on Tuesday. Analysts said the latest signals underscore the resolve…

Renewables cover 11% of the energy used for transport

In 2024, the share of renewable energy sources in transport reached 11.2% at the EU level, a 0.2 percentage points (pp) increase from 2023. When the time series began in 2004, this share stood at 1.4%.  The 2024 share was 17.8 pp lower than the  29% target for 2030 on the use of energy from renewable…