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Major CO2 power generator starts operations

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Employees of China National Nuclear Corp work at a supportive facility for Chaotan One, the world’s first commercial supercritical carbon dioxide power generator, in Liupanshui, Guizhou province, on Saturday. XIAO YAN/XINHUA The world’s first commercial supercritical carbon dioxide power generator started operations in Southwest China’s Guizhou province recently, a significant milestone in the global transition…

China’s telecom sector reports steady growth in first 11 months

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Technicians from China Mobile check a 5G base station in Tongling, Anhui province. [Photo by Guo Shining/For China Daily] BEIJING — China’s telecommunication industry saw steady expansion from January to November, official data showed on Monday. The combined business revenues of firms in the sector neared 1.61 trillion yuan ($228 billion), which was up 0.9…

Nation to ramp up efforts for edge in biomanufacturing

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A researcher works at a biotech company in Tianjin on Dec 1. CHEN SIHAN/XINHUA In a significant push to cultivate new growth engines, China is prioritizing biomanufacturing as a cornerstone future industry, aiming to harness its potential to upgrade traditional sectors and forge entirely new tracks in the green economy. Biomanufacturing, an innovative production paradigm…

SOEs to focus on core sectors, real economy

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A robot is displayed at the exhibition area of the 2025 Global Industrial Internet Conference in Shenyang, Northeast China’s Liaoning province, Sept 6, 2025. [Photo/Xinhua] Central State-owned enterprises will focus on core sectors and the real economy in the upcoming 15th Five-Year Plan (2026-30) period to move up the value chain and lead the push…

Credit repair policy to help boost vitality

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Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s central bank unveiled a one-off credit repair policy on Monday, a move that officials and experts said is expected to improve the public’s overall credit profile, reinvigorate market vitality and support a sustained economic recovery. The policy is…

Beijing set to woo more global brands

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A view of Beijing Wanli commercial and entertainment complex, which is set to open officially in Beijing on Friday. It will bring a wide range of international brands and first stores. PAN ZHIWANG/FOR CHINA DAILY Beijing will further enhance its services to attract more international brands in debuting their products and innovating diverse scenarios, in…

Policies keep nation’s foreign capital appeal buoyant

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China’s appeal as a destination for foreign capital is set to strengthen further as policymakers move to stabilize expectations, while the country’s vast market and accelerating industrial upgrading continue to reinforce its long-term attractiveness amid an uncertain global backdrop, said market observers and business executives. They noted that beyond major commitments to opening-up, a combination…

Chinese shipbuilder announces doubling of LNG vessel construction capacity

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With the delivery of Ocean Oasis, a 174,000-cubic-meter LNG vessel, on Friday, Hudong-Zhonghua Shipbuilding (Group) Co, a unit of the world’s largest shipbuilder, China State Shipbuilding Corp, announced that it has doubled its LNG ship production capacity during the 14th Five-Year Plan (2021-25) period. [Photo provided to chinadaily.com.cn] With the delivery of Ocean Oasis, a…