China’s retail sales rose in May at the fastest pace since late 2023, while industrial production and investment posted steady gains, signaling the strong resilience of the world’s second-largest economy amid persistent global headwinds. Analysts said the growth points to a recovery that remains on course, backed by targeted stimulus and accommodative macro policies. However,…
Chinese solar technology giant Longi Green Energy Technology Co Ltd announced two new world records for solar cell efficiency recently, further cementing China’s leading position in the global photovoltaic industry. The breakthroughs include a 33 percent conversion efficiency for a commercial-size (260.9 square centimeters) silicon-perovskite tandem solar cell and 26 percent efficiency for a crystalline…
A computing power conference in the Guangdong-Hong Kong-Macao Greater Bay Area is held on Friday in Shaoguan, Guangdong province. [Photos by Qiu Quanlin/chinadaily.com.cn] Several high-level data infrastructure projects were launched during a computing power conference in Shaoguan, Guangdong province, on Friday to ensure the accessible, usable, and safe operation of the city’s data cluster industry.…
The China Fashion Consumption Development Report unveiled during the 2025 China Annual Trends Summit on Thursday in Shanghai. [Photo provided to chinadaily.com.cn] China’s market is expected to reach two to three trillion yuan ($278.7 billion) in 2025, according to the China Fashion Consumption Development Report unveiled during the 2025 China Annual Trends Summit on Thursday…
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Engineers carry out quality checks on automotive film products at a workshop in Eastman’s plant in Dalian, Liaoning province in early June, 2025. [Photo provided to chinadaily.com.cn] Eastman Chemical Co, a United States-based specialty materials manufacturer, will further enhance its foothold in China with expanded investments in innovation, manufacturing and sustainability, said its senior executives.…
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In March 2025, 57 925 first-time asylum applicants (non-EU citizens) applied for international protection in EU countries, marking a 23% decrease compared with March 2024 (75 040) and a 2% decline compared with February 2025 (59 085). There were also 7 430 subsequent applicants, representing a 4% increase compared with March 2024 (7 170) and…
Nestle China and China Eastern Airlines have unveiled the “Yunnan Single-Origin Drip Bag Coffee” on Monday, marking a stride into the premium coffee market and enhancing customer experience for air travelers. [Photo provided to chinadaily.com.cn] Nestle China and China Eastern Airlines have unveiled the “Yunnan Single-Origin Drip Bag Coffee” on Monday, marking a stride into…
Since 2021, China’s share of total EU exports has remained below the 10% threshold, marking the end of a brief five-year stretch (2017–2021) when it ranked as a primary trade partner. In 2025, the share is projected to fall below 2012 levels. In macro-level trade analysis, countries accounting for over 10% of exports are typically…