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NEV sector surging full steam ahead

A view of an assembly line of smart vehicles in Jinhua, Zhejiang province. HU XIAOFEI/FOR CHINA DAILY China has doubled down on steering the new energy vehicle industry away from cutthroat competition toward technology-led growth, with three high-level industrial meetings this week all stressing core innovation, particularly on autonomous driving and next-generation battery technologies. The…

Altay’s powder snow attracts tourists from across China

Altay’s Qinggeli Wolf Mountain international ski resort attracts tourists from all over China with its high-quality powder snow. Visitors holding flight tickets or boarding passes to designated airports can take advantage of a special offer of two days of skiing with two complimentary sessions. (Video: Song Yi, Intern producer: Jiang Ziyu) Tanks to chinadaily.com.cn Please…

Country eyes satellite internet leap with record filings

China’s record number of satellite applications filed with the International Telecommunication Union is set to energize the entire space industry chain, from manufacturing to launching, propelling the nation’s aerospace sector into a new phase of industrial scale-up and capability building, experts said on Tuesday. Their comments came as China recently filed network information plans with…

Beijing hutong hosts 100th K Coffee store as brand bets on culture-led growth

K Coffee opened its 100th store in Beijing on Jan 12. [Photo provided to chinadaily.com.cn] A more-than-700-year-old hutong in central Beijing has become the latest proving ground for culture-driven retail innovation, as K Coffee opened its 100th store in the capital on Jan 12. The store is located in Nanluogu Alley, one of the city’s…

Carbon taxes revenue tripled between 2017 and 2023

Between 2017 and 2023, the revenue from carbon dioxide related taxes in the EU increased strongly, growing from €15 billion to €51 billion. Carbon (dioxide) taxes are levied on the carbon content of fossil fuels. Their share in the overall energy taxes increased from 6.0% in 2017 to 19.7% in 2023.  Source dataset: env_ac_taxind2 In…

Industrial production up by 0.7% in the euro area and by 0.2% in the EU

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