China’s top economic regulator approved 27 fixed-asset investment projects worth 573.7 billion yuan ($79.8 billion) in the first four months. The projects primarily focused on energy, agriculture, forestry and water conservation, as well as high technology, Li Chao, a spokesperson for the National Development and Reform Commission, China’s top economic regulator, said at a news…
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The 2025 Beijing New Materials Conference, held alongside the 7th Beijing-Tianjin-Hebei Graphene Conference, took place in Fangshan district, Beijing, from Sunday to Tuesday. The event showcased the latest achievements in new materials and their innovative applications, highlighting the sector’s vital role in advancing Beijing’s leading industries and promoting the integration of regional industrial chains. Su…
China’s economic performance held steady against external headwinds, including the United States’ tariff moves, with industrial production exceeding market expectations in April, data released on Monday showed. Officials and analysts said that China’s economic fundamentals remain solid and the country retains ample policy room and tools to navigate mounting external uncertainties. With some countercyclical measures…
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Visitors browse toys at a foreign trade premium products exhibition in Nanjing, Jiangsu province, on May 11. YANG SUPING/FOR CHINA DAILY At 3:03 pm on May 12, Ye Zhengyang’s phone buzzed with a notification that made him pause mid-sentence in a meeting. The update, shared by a client in Beijing, confirmed that China and the…
A worker assembles medical devices for export at the workshop of a medical technology company in Zhangjiagang, Jiangsu province, on Friday. SHI BORONG/FOR CHINA DAILY The domestic market, which was previously a fierce battleground, is now seen as an important alternative for China’s massive export-oriented firms looking to mitigate tariff hikes and capitalize on new…
Xiaomi Corp said on Monday that it will unveil its 3-nanometer XRing O1 chip for smartphones on Thursday, marking the company’s revived ambitions to bolster its semiconductor prowess. The new chip, a result of over four years of intensive research and development efforts, will position Xiaomi to compete directly with leading global chip designers, but…
Xinjiang Fukang Pumped Storage Power Station of the State Grid Xinyuan Company, the first of this kind in Northwest China, commenced full-scale power generation in July 2024. [Photo provided to chinadaily.com.cn] In an era of growing renewable energy generation and fluctuating electricity demands, a pumped-storage hydropower plant in the Xinjiang Uygur autonomous region stands out…