A staff member cuts fresh fish for customers in the Ole Lifestyle supermarket at Westlake 66, the newly opened mixed-use complex in the bustling Wulin central business area in Hangzhou, Zhejiang province, during the mall’s opening on April 28. LIN YUNLONG/FOR CHINA DAILY Visitors entering Westlake 66, the newly opened mixed-use complex in the bustling…
China Petroleum and Chemical Corp, or Sinopec, has announced the discovery of a proven geological reserve totaling 235.69 billion cubic meters at the Ziyang Dongfeng shale gas field in the Sichuan Basin, marking the birth of China’s first ultra-deep shale gas field of this scale. The breakthrough pushes the country’s shale gas exploration past the…
China has officially launched its first large-scale computing-electricity synergy project with direct green power supply, marking a milestone in the nation’s massive commitment to building a unified, nationwide computing network by physically linking desert renewable energy directly to digital infrastructure. The 500,000-kilowatt photovoltaic power station located in the Ningxia Hui autonomous region began operations recently.…
A gondolier glides along the canal at Florentia Village Beijing-Tianjin Luxury Design Outlet in Wuqing, Tianjin, as people stroll across the Venetian-style bridge on May 10. CHINA DAILY Luxury outlet retail in China is demonstrating vitality and resilience as the sector capitalizes on the growing demand for cultural, lifestyle and vacation experience-centered shopping. Among luxury…
Participants visit the booth of Newamstar during the Interpack 2026, which concluded in Dusseldorf, Germany, on May 13. [Photo provided to chinadaily.com.cn] Tony Ho, chairman of global liquid product packaging equipment supplier Newamstar, said that Chinese packaging equipment manufacturers are accelerating their digital transformation and intelligent upgrading, evolving from single-equipment suppliers into system-integration solution providers…
Participants visit the booth of Newamstar during the Interpack 2026, which concluded in Dusseldorf, Germany, on May 13. [Photo provided to chinadaily.com.cn] Tony Ho, chairman of global liquid product packaging equipment supplier Newamstar, said that Chinese packaging equipment manufacturers are accelerating their digital transformation and intelligent upgrading, evolving from single-equipment suppliers into system-integration solution providers…
A staff member patrols among photovoltaic panels at a circular economy industrial park in Binhai New Area of Tianjin, North China, April 23, 2026. [Photo/Xiinhua] China’s push to become a global financial powerhouse is fueling a sharp rise in demand for hybrid talent with both financial expertise and emerging skill sets, with the talent gap…
A view of the booth of WeBank during an expo in Shenzhen, Guangdong province. CHINA DAILY Adjustments to the shareholding structures of China’s private banks have become increasingly common. More private banks are introducing new shareholders with industrial backgrounds and financial strength. Some private lenders have also brought in State-owned capital to quickly replenish funds,…
Shoppers seen at a supermarket in Zaozhuang, Shandong province. SUN ZHONGZHE/FOR CHINA DAILY China’s household income growth slowed in the first quarter and failed to keep pace with GDP, underscoring the urgency for policymakers to quickly flesh out detailed measures under their previously announced income growth plans, economists said. Per capita disposable income rose 4.9…
This undated photo shows the filming site of a micro drama at the Shanghai International Short Video Center in Shanghai, East China. [Photo/Xinhua] CHANGSHA — Douyin Group, operator of the popular Chinese social media platform Douyin under ByteDance, plans to increase investment in live-action micro-dramas, an executive with the group said at a micro-drama industry…