Data collected in 2024 show that 14.2% of people aged 15-34 in the EU left formal education or training at least once during their lifetime. The highest dropout rates were registered in the Netherlands (32.2%), Denmark (27.1%), Luxembourg (24.8%) and Estonia (24.4%). On the other hand, the lowest were recorded in Romania (1.5%), Greece (2.2%)…
The Global Developer Pioneers Summit 2025 and the International Embodied Intelligence Competition opened in Shanghai on Dec 13. This competition is a full-scenario demonstration of embodied intelligence including industrial production to social services, home assistants, emergency rescue, medical care and artistic performance. It features six major thematic tracks and eight scenario-based challenges, covering 19 specialized…
In 2024, primary energy consumption in the EU reached 1 202 million tonnes of oil equivalent (Mtoe), a 0.8% decrease compared with 2023. Data show that in 2024, the EU continued moving closer to the 2030 target of 992.5 Mtoe, with the gap narrowing to 21.1%. Final energy consumption reached 900 Mtoe in 2024, a…
In 2024, flows of money sent by EU resident households to non-EU resident households, referred to as personal transfers, amounted to €52.1 billion, an increase of 6% compared with 2023 (€49.2 billion). Inflows of personal transfers to EU resident households totalled €14.8 billion, up by 7% compared with 2023 (€13.8 billion). In the last 5…
The Hainan Free Trade Port international services portal launches on Dec 15 in Haikou. [Photo by Fu Shihong/for chinadaily.com.cn] The Hainan Free Trade Port initiated an international services portal on Monday, three days before the launch of its landmark, island-wide special customs operations. The portal, en.hainan.gov.cn, centralizes information and streamlines services for expatriates and foreign-invested…
It also avoids admitting that there is a deep demand-side problem. Acknowledging that the main constraint is that people do not feel secure enough to spend would imply stronger social transfers, income redistribution, and a clearer backstop for local finances and households. All of that is politically and ideologically more sensitive.Instead, the leadership frames the…
The Hong Kong initial public offerings market is expected to sustain its robust fundraising activity next year, supported by a strong IPO pipeline, A+H listings and the attractive valuation of the Hong Kong equity market, according to financial and accounting specialists. Global auditing advisory firm KPMG said Hong Kong has reclaimed the top spot in…
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, a major breakthrough in China’s ability to develop complex deepwater oil and gas reservoirs. Located in the Pearl River Mouth Basin, the oilfield is China’s largest offshore reef limestone oilfield…
Russia’s decision greenlighting a visa-free policy for Chinese nationals was a reciprocal response to China’s earlier visa-free pilot policy for Russian citizens, which will greatly ease cross-border travel and is seen as a key step in deepening people-to-people ties while also boosting practical cooperation across sectors, experts said. Russian President Vladimir Putin signed a decree…
Horizon Robotics displays models featuring its driving assistance solutions at the Horizon Together 2025 Summit in Shenzhen, Guangdong province, on Dec 8. CAO YINGYING/CHINA DAILY China’s largest group of car owners — people who navigate the hustle and bustle of daily urban life — don’t they deserve the most user-friendly urban driving assistance features? Yu…