China will assign a unique “digital identity” to every new-energy vehicle power battery to strengthen full-lifecycle supervision and promote safe, efficient recycling, the country’s top industry regulator said on Friday. The move is part of newly released regulations aimed at establishing a standardized system for handling retired batteries, as the country anticipates a massive wave…
In 2025, the estimated number of nights spent at tourist accommodation establishments in the EU reached 3.08 billion, exceeding the previous year by 61.5 million, or 2%. The growth in tourism nights was mainly driven by an increase in nights spent by international guests (+46.1 million), while the nights spent by domestic guests saw growth…
The 6th ASEAN Digital Ministers’ Meeting and Related Meetings is held in Hanoi, Vietnam, on Friday. [Photo provided to chinadaily.com.cn] The 6th ASEAN Digital Ministers’ Meeting and Related Meetings was held in Hanoi, Vietnam, on Friday, charting a roadmap for deeper digital collaboration between China and ASEAN over the next five years in areas including…
Los-Angeles-based Chinese editor Yuntong “Hazel” Dai helps turn damaged footage and a missing scene of a Chinese micro-budget film into an overseas cash-point. [Photo provided to chinadaily.com.cn] As Drifting, South, a 16 mm short-film directed by Chinese director Zhang Di, has just won the Winner award in the Short Film International Competition at Riga International…
China’s market regulator said on Friday it had conditionally approved United States’ American Axle & Manufacturing Holdings’ acquisition of a stake in British automotive supplier Dowlais Group, imposing remedies aimed at safeguarding competition in key automotive components markets. In a statement, the State Administration for Market Regulation said the deal involves major global suppliers of…
Companies’ investment in artificial intelligence is growing significantly and that trend will continue as they plan to double their spending on the cutting-edge technology in 2026, accounting for about 1.7 percent of revenues, according to a report from Boston Consulting Group. CEOs are rolling up their sleeves and taking the lead as their companies’ main…
China’s top financial regulator underscored the critical importance of strictly holding the bottom line of preventing major financial risks at the 2026 regulatory work conference of the National Financial Regulatory Administration on Thursday. The meeting called for strong, orderly, and effective efforts to advance the resolution of risks at small and medium-sized financial institutions, with…
State Grid employees work on power transmission lines in Mingguang, Anhui province. ZHENG XIANLIE/FOR CHINA DAILY BEIJING — During the 14th Five-Year Plan period (2021-25), China’s State-owned enterprises (SOEs) have seen improved performance, bolstering the sustained, healthy development of the economy and society. From 2021 to 2025, the total assets of SOEs under the state…
State Grid employees work on power transmission lines in Mingguang, Anhui province. ZHENG XIANLIE/FOR CHINA DAILY BEIJING — During the 14th Five-Year Plan period (2021-25), China’s State-owned enterprises (SOEs) have seen improved performance, bolstering the sustained, healthy development of the economy and society. From 2021 to 2025, the total assets of SOEs under the state…
State Grid Corporation of China expects to invest 4 trillion yuan ($553 billion) in fixed assets during the 15th Five-Year Plan period (2026–2030), a 40 percent increase over the previous cycle, in order to accelerate the development of a high-quality supply chain for its new power system. The massive capital expenditure aims to align with…