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Data sector to see leapfrog development

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People walk past the sign of China International Big Data Industry Expo 2025 in Guiyang, Guizhou province, on Aug 28. TAO LIANG/XINHUA China’s data industry is poised for robust growth in the coming years as the country will give full play to its advantages in massive data resources and promote the in-depth integration of digital…

How does sport contribute to trade in the EU?

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Kohler forms strategic partnership with Pinduoduo to advance a new era of sustainable development

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Laura Kohler, chief sustainable living officer of Kohler Co, visits Pinduoduo accompanied by her executive team. [Photo provided to chinadaily.com.cn] The global kitchen and bath leader Kohler Co and Chinese e-commerce platform Pinduoduo engaged in extensive discussions on the subject of new e-commerce, emerging consumer trends, and sustainability last week, marking the first-ever strategic collaboration…

European Statistics Code of Practice: maintaining trust

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To celebrate the 20th anniversary of the European Statistics Code of Practice, Eurostat is publishing a series of articles highlighting the 16 principles of the Code, their importance and role. Today, we focus on principles 2, 3, 4, 5, and 6, which specifically address the institutional environment necessary for maintaining trust in European statistics, as…

EU high-tech trade back to a surplus in 2024

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In 2024, the EU imported €478 billion worth of high-tech products, indicating a small decrease of 0.2% compared with 2023, while exports reached €501 billion, up by 8.1% from 2023. The extra-EU trade balance in high-tech products went from a deficit of €15 billion in 2023 to a surplus of €23 billion in 2024, after 4…

Drop in tonnes of freight carried on EU roads by 0.7% in 2024

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Digital economy spurs firms’ growth

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An employee works at a smart production facility in Tianjin in June. [Photo/Xinhua] The global digital economy’s rapid growth is providing new development space for Chinese companies to expand overseas, with emerging markets gaining momentum driven by their young population, according to a recent report. Although the size of the digital economy in emerging markets…

China releases list of top 500 manufacturing firms for 2025

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Staff members work on a photovoltaic module production line at a company in Ordos, Inner Mongolia autonomous region. [Photo/Xinhua] HEFEI — The list of 2025 China’s Top 500 Manufacturing Enterprises was released Saturday at the World Manufacturing Convention in Hefei, East China’s Anhui province. Jointly issued by the China Enterprise Confederation (CEC) and the China…

More work breaks to give economy break

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Chinese policymakers could put more days off into people’s hands, as the relatively scarce paid vacation days may be out of step with the needs of a consumption-driven economy that Beijing has been pursuing, analysts said. Services consumption — including travel, dining, cultural experiences and sporting events, among others — requires not just disposable income,…