China ranks “number one” in AI preparedness among emerging market economies, said Kristalina Georgieva, managing director of the International Monetary Fund, citing an internal assessment. Georgieva noted that China’s innovation momentum is set to continue and said she looked forward to greater involvement of market forces in innovation. This aligns with the direction set by…
Euro area The first estimates of euro area balance showed a €18.4 bn surplus in trade in goods with the rest of the world in October 2025, compared with + €7.1 bn in October 2024. The euro area exports of goods to the rest of the world in October 2025 were €258.0 bn, an increase…
In 2024, the number of people killed in railway accidents in the EU fell to 750, a 10.8% decrease compared with 2023 (841 deaths). The declining number of rail transport fatalities in 2024 came after 2 consecutive years of increases. A decreasing trend was seen from 2014 to 2019, when the number fell by around…
In 2025, 32.7% of people aged 16-74 in the EU used generative artificial intelligence (AI) tools. Most people used them for personal purposes (25.1%), while 15.1% used them for work and 9.4% for formal education. This information comes from data on the use of ICT in households and by individuals published by Eurostat today. The…
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In 2024, the EU produced a total of 224 million tonnes of chemicals (hazardous and non-hazardous) and consumed 232 million tonnes, indicating a 15% decrease in production and 18% decline in consumption compared with 2014. However, compared with 2023, there was a small increase for both production and consumption of 6% and 5%, respectively. This…
The Commission has released its latest EU Agricultural Outlook report (PDF), which presents the projections for EU agricultural markets until 2035. The report depicts a… Read More »EU Agricultural Outlook 2025-35: EU agriculture navigates challenges while embracing opportunities
A visitor tries on a pair of smart augmented-reality glasses at a facility of Hangzhou Lingban Technology Ltd in Zhejiang province on Oct 21. JIANG XUEQING/CHINA DAILY As China prepares its 15th Five-Year Plan (2026-30), policymakers have underscored the importance of pursuing high-quality development, advancing new quality productive forces in line with local conditions and…
BEIJING — China National Offshore Oil Corporation announced Sunday that the secondary development project of the Liuhua Oilfield, the country’s first deepwater oilfield, has fully commenced operation. The milestone marks a major breakthrough in China’s ability to develop complex deepwater oil and gas reservoirs. Located in the Pearl River Mouth Basin, the Liuhua Oilfield is…
A visitor (right) examines a real estate project model at the 2025 China International Fair for Trade in Services in Beijing on Sept 12. TANG KE/FOR CHINA DAILY As China’s real estate sector tries to gain a solid footing, experts have called for swifter and stronger steps to restore sentiment and stability, such as easing…