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Industrialized patents of Chinese enterprises continue to rise

BEIJING – The industrialization rate of invention patents among Chinese enterprises has been steadily rising, with medium and small-sized enterprises making a growing contribution, China’s top intellectual property regulator said on Wednesday. According to the China National Intellectual Property Administration (CNIPA), Chinese enterprises in 2024 achieved an industrialization rate of 53.3 percent for effective invention…

Guangdong carbon market closes flat

The China Emissions Exchange (Guangzhou), the largest local carbon market in China. [Photo/Sipa] GUANGZHOU – Carbon emissions allowances closed at 37.61 yuan ($5.23) per ton on Tuesday, kept flat as Monday, at Guangzhou Emissions Exchange, the largest local carbon market in China. A total of 2 tons of allowances were transacted on Tuesday with a…

Xiaohongshu-related Chinese shares continue to surge

BEIJING – Share prices related to Xiaohongshu surged in the morning session on Wednesday after the Chinese Instagram-style app reached the top of the Apple App Store chart in the United States. Investors appear to be focusing on companies with business models that could align with Xiaohongshu’s ecosystem. Hangzhou Onechance Tech Corp and Inly Media…

Innovation empowers new consumption trends in Chengdu

A woman takes a picture of an artistic sculpture inspired by Hugo Award-winning author Liu Cixin’s sci-fi trilogy The Three-Body Problem in Jiaozi avenue, Chengdu, Sichuan province, Jan 5, 2025. [Photo/Xinhua] As China’s consumer market continues to evolve, the emotional experience and customized products are becoming an increasingly prominent trend for consumption nowadays, Xinhua reported…

Industrial production up by 0.2% in the euro area and by 0.1% in the EU

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Temporary protection for 4.2 million people in November

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Tesla’s Shanghai megafactory kicks off trial production

An aerial drone photo taken on Sept 26, 2023 shows the Tesla Gigafactory in Lingang new area of the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] SHANGHAI – US carmaker Tesla’s megafactory in Shanghai has kicked off trial production seven months after its construction started, according to Tesla China on Tuesday.…

China’s burgeoning autonomous driving industry fuels robotaxi use, development

Driverless cars of Pony.ai are displayed at an expo in Shanghai. [Photo/VCG] BEIJING – Whenever she works late into the night in Wuhan, Central China’s Hubei province, Wu You ends up hailing an “unmanned cab,” or robotaxi, via her smartphone to take her home. This futuristic way of travel has now become part of Wu’s…

Top 10 countries attracting Chinese tourists during upcoming summer vacation

Malaysia, Japan and Thailand have become the top three international destinations for Chinese travelers this summer season (July 1 to Aug 31), according to recent data from Chinese online travel platform Qunar. Data from the platform show that outbound flight bookings for the summer period have surged by 1.6 times compared to the previous year,…

Adjustments to monetary policies eyed

China will adjust the intensity and pace of monetary policies at the right time to support the achievement of annual economic targets, officials said on Tuesday, reaffirming the market’s accommodative monetary environment for 2025. Taking the domestic economic situation as the main consideration in setting policy, central bank officials vowed to expand the scope of…