China’s Humanoid Robot Industry Shows Strong Growth in 2024, Surpassing $34 Billion in Revenue

The humanoid robot industry in China is experiencing impressive growth, with 54 A-share listed companies in the sector reporting a combined revenue of 246.71 billion yuan ($34.59 billion) for the first nine months of 2024. This represents a 9.21 percent increase compared to the same period last year. Net profits for these companies also saw […]

Northern China’s Cold Weather Sparks Winter Travel Surge to Southern Destinations

As temperatures drop across northern China, more people are heading south for warmer weather, with a growing number of younger travelers choosing off-peak destinations this winter. While elderly travelers have long sought warmer climates during the colder months, an increasing number of young people are taking advantage of flexible remote working options to explore southern […]

China and Malaysia Strengthen Ties During Premier Li Qiang’s Meeting with Malaysian PM Anwar Ibrahim

SHANGHAI — Chinese Premier Li Qiang met with Malaysian Prime Minister Anwar Ibrahim on November 5, during the 7th China International Import Expo in Shanghai. The leaders discussed the strengthening of bilateral ties, as both nations move toward building a community with a shared future. Li emphasized that China-Malaysia relations have entered a new phase […]

China’s Largest Earthquake Simulation Facility Opens at Tianjin University

A cutting-edge earthquake simulation engineering research facility, led by Tianjin University, has officially been put into operation after passing national acceptance on Tuesday, according to China News Service. Located at the university’s Beiyangyuan Campus in North China, the facility spans 76,000 square meters and took five years to build, beginning construction in October 2019. The […]

Lhasa Residents Join Annual “Makeover” of Potala Palace with Traditional Paint Formula

Over the past week, thousands of Lhasa residents have come together to participate in the annual “makeover” of the Potala Palace, a UNESCO World Heritage site and one of Tibet’s most iconic landmarks. This tradition, which takes place after the region’s rainy season, sees the exterior walls of the palace meticulously painted to maintain its […]

China Leads Global Energy Storage Market with 38% Share and 166% Growth in Capacity

China’s energy storage industry has seen explosive growth in recent years, positioning the country as a global leader in both capacity and technological innovation. According to the China Energy Storage Alliance (CNESA), China now holds a commanding 38% share of the global energy storage market, driven by a surge in new capacity and groundbreaking advancements […]

China Urges Global Cooperation at 7th Import Expo to Boost Trade and Innovation

Key Takeaways from the CIIE Opening: The CIIE’s Growing Significance Global Political Engagement at CIIE Looking Ahead The discussions and agreements made at the CIIE highlight a concerted effort by China to position itself as a leader in global trade and innovation. With its proactive stance on market opening, technological advancements, and multilateral cooperation, China […]

Gold Prices Could Reach $3,000 per Ounce by 2025, UBS Predicts

Gold prices have surged in 2024, reaching new highs, and could continue to climb, potentially hitting $2,800 per ounce by the end of the year, with a chance to reach $3,000 per ounce in 2025, according to a recent UBS report. Several key factors are contributing to the ongoing rise in gold prices, including: Market […]

Xi’an Hosts 2024 Global Key and Core Technology Conference & China Robotics Competition

The 2024 Global Key and Core Technology Conference, alongside the China Robotics Competition, concluded on November 3 in Xi’an, highlighting the city’s growing influence as a key center for technological innovation and industrial cooperation. The event, which spanned three days, was themed “Key & Core Technology – New Productivity Boosters” and showcased advancements in critical […]

State Grid Shanghai Enhances Smart Power Supply System for CIIE 2024

In line with China’s push for digital transformation in key sectors, State Grid Shanghai has successfully upgraded its smart power supply support system for the seventh China International Import Expo (CIIE). This new version of the system enhances the company’s ability to monitor and address power supply issues in real-time, ensuring that critical infrastructure at […]