China has captured more than 70% of global orders for green vessels and has achieved comprehensive coverage across all major ship types in the first three quarters of 2024, according to recent statistics from the Ministry of Industry and Information Technology (MIIT). From January to September, Chinese shipyards received new orders totaling 87.11 million deadweight […]
Beijing, China — “Unbelievable! I thought she was a real person!” exclaimed a visitor at the 2024 China International Fair for Trade in Services (CIFTIS) upon discovering that the popular livestreamer promoting beauty products was, in fact, a digital avatar named Yanxi. Yanxi has made waves in the e-commerce sector, amassing over 400,000 hours of […]
Beijing, China — Central regulators are intensifying efforts to improve the market value of State-owned enterprises (SOEs) as a means to enhance their competitiveness and support high-quality economic development. Experts emphasize that improving the overall quality of A-share companies will benefit investors through higher profitability. During a recent work conference, the State-owned Assets Supervision and […]
Beijing, China — The Middle East has become a crucial market for Chinese new energy companies expanding internationally, offering substantial development opportunities despite growing global trade challenges. Industry experts highlight the region’s abundant wind and solar resources, along with a wealthy consumer base, as key advantages for Chinese firms seeking to establish a foothold abroad. […]
Beijing, China — China’s rapid infrastructure development is driving a significant increase in electricity demand, particularly in emerging sectors such as 5G, artificial intelligence, and electric vehicles. Industry experts, including Zhang Zhigang, executive chairman of State Grid Corp of China, have highlighted the necessity for stable power supplies to support this growing demand. During the […]
Vientiane, Laos — China and the Association of Southeast Asian Nations (ASEAN) have announced the successful conclusion of negotiations for the upgraded China-ASEAN Free Trade Area (ACFTA) 3.0, as confirmed by China’s Ministry of Commerce. The agreement aims to address emerging challenges in trade while adapting to modern practices. The ACFTA 3.0 will enhance existing […]
BEIJING/LAGOS, Sept 3 (Reuters) – China has committed to encouraging its leading companies to invest in Nigeria, with both nations expressing openness to enhanced cooperation in various sectors, including energy and manufacturing. This follows a meeting between Chinese President Xi Jinping and Nigerian President Bola Tinubu in Beijing. In a joint statement, China welcomed Nigeria’s […]
The economic partnership between China and Nigeria has deepened significantly since their formal diplomatic ties were established in 1971. This relationship has facilitated substantial Chinese investment in Nigeria across various sectors, including construction, telecommunications, and oil. Currently, approximately 200 Chinese firms are exploring investment opportunities in Nigeria, reflecting a growing interest in the country’s commercial […]
The A-share market in China has recently experienced a robust recovery, fueled by stronger-than-expected stimulative policies, leading to increased investor confidence and engagement. Industry experts suggest that this upward momentum could be further solidified by additional supportive measures and ongoing economic optimization. As preparations were made during the National Day holiday, the Shanghai Stock Exchange […]
As China continues to foster favorable conditions for global investment, Kenvue Inc., a leading U.S.-based consumer health company, and Shenzhen Nepstar Medical Co. Ltd., a prominent Chinese drugstore chain, have announced an upgraded strategic cooperation focused on the burgeoning “big health” sector. The “big health” concept emphasizes a holistic approach that integrates medical care, wellness, […]
