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Guinea’s Simandou project exports 1st iron ore shipment to China

A vessel carrying 200,000 tons of high-grade iron ore departed Guinea’s Port of Maretapa for China on Tuesday. [Photo provided to chinadaily.com.cn] A vessel carrying 200,000 tons of high-grade iron ore departed Guinea’s Port of Maretapa for China on Tuesday, marking the first shipment from the Simandou project and bringing one of the world’s most…

As A-share stocks rise, future valuation looks promising, experts say

Buoyed by the price rally of A-share electrical machinery, robot actuator, and commercial aviation companies, all three major benchmark indexes reported gains during the morning trading session on Thursday, with the technology-focused ChiNext in Shenzhen rebounding strongly by 0.76 percent. Shanghai Composite Index rose by 0.04 percent, while Shenzhen Component was up by 0.35 percent.…

Record-high parcel volume reflects China’s economic vitality

Robotic arms sort parcels at the central station of Hefei postal zone under Anhui branch of China Post Group Co Ltd in Hefei, East China’s Anhui province, Aug 19, 2025. [Photo/Xinhua] BEIJING – In Shenzhen, South China’s Guangdong province, a citizen surnamed Li received a parcel recently. It was a smart learning tablet he had…

China’s finance ministry to issue 7b yuan of treasury bonds in HK

BEIJING – China’s Ministry of Finance on Wednesday said that it will issue this year’s sixth batch of renminbi-denominated treasury bonds in the Hong Kong Special Administrative Region on Dec 10. The scale of the bonds will be 7 billion yuan ($989.34 million), according to a statement released by the ministry. Specific issuance arrangements will…

Tourists embrace new payment habits

Spending patterns among China’s inbound travelers are shifting toward card-based transactions, experiential and everyday scenarios, underscoring the nation’s progress in improving bank card acceptance and payment convenience, said a recent report by the World Tourism Alliance. It said experiencing Chinese culture is increasingly the primary motivation for foreign visitors. This growing appetite for cultural depth…

Digital tech fuels global energy development

An aerial drone photo taken on Nov 13, 2025 shows an offshore photovoltaic project in Dongying city, East China’s Shandong province. [Photo/Xinhua] BEIJING — Digital technologies are profoundly reshaping the energy industry, driving the global energy system toward greater efficiency, sustainability and intelligence, experts said at a recent industrial event in Beijing. The digital energy…

Walmart’s business in China outperforming global average sales

People walk into a Sam’s Club store on its opening day in Yangzhou, Jiangsu province, on Nov 12. CHEN YANG/FOR CHINA DAILY Walmart Inc reported a quarter of strong performance in China, with net sales in the country surging 21.8 percent to $6.1 billion on the back of Sam’s Club’s rapid expansion and accelerating online…

Smart tech serves new niche in eateries

A robot band performs at a restaurant in Beijing on Aug 6. JU HUANZONG/XINHUA BEIJING — From robotic chefs to AI-powered ingredient tracking and smart reservation systems, intelligent technologies are reinvigorating China’s catering industry, elevating consumer experiences while tackling longstanding operational challenges. At a lively Haidilao hotpot outlet in Beijing, Yang Lin, a regular customer,…

‘World’s supermarket’ sees record trade of over 700b yuan in Jan-Oct

A vendor (right) sends her AI business card to a foreign merchant with a mobile phone at the Global Digital Trade Center in Yiwu, East China’s Zhejiang province, Oct 14, 2025. [Photo/Xinhua] HANGZHOU – The city of Yiwu, known as “the world’s supermarket,” in East China’s Zhejiang province, posted a record import and export value…

CATL’s Hungary battery plant ready to launch, capacity fully booked

BUDAPEST – China’s Contemporary Amperex Technology Co Limited (CATL) said on Wednesday its battery cell factory in Debrecen, Hungary, is prepared for launch and will be central to the company’s strategy to deepen its long-term European operations. The plant, with an initial annual capacity of 40 gigawatt hours (GWh), is already fully booked by clients,…