China’s ice and snow economy is experiencing significant growth, transforming its natural “cold resources” into a vibrant and lucrative sector. With expanding ski resorts, increasing skier visits, and strong government support, snow tourism is creating new opportunities across the country, especially as winter sets in. One example of this trend is Zhao Yin, a 28-year-old […]
The Yangtze River Delta (YRD) region, a key economic hub in China, is primed for continued growth through intensified cooperation and innovation, according to recent plans unveiled by the YRD Regional Cooperation Office. With a strategic emphasis on research and development (R&D) and fostering cross-regional collaboration, the YRD region has become a leading economic force. […]
BEIJING — Amid rising competition and price pressure, German companies in China are increasingly adopting a more localized approach, with many operating more independently from their headquarters and aligning their operations with local business practices, according to a survey released by the German Chamber of Commerce in China. The 2024-2025 business confidence survey revealed that […]
BEIJING — China has expressed concerns over the United States’ decision to impose preliminary anti-dumping duties on photovoltaic products from four Southeast Asian countries, warning that the move could harm Chinese companies with investments in the region. The Ministry of Commerce criticized the U.S. for potentially politicizing trade investigations and urged it to abandon protectionist […]
CAIRO — The China-proposed Belt and Road Initiative (BRI) has significantly contributed to economic growth across participating nations, according to Egyptian economic expert Waleed Gaballah. A member of the Egyptian Association for Political Economy, Statistics and Legislation, Gaballah praised the initiative for its transformative effects on infrastructure, trade, and technology. Launched in 2013, the BRI […]
DUISBURG — The 100,000th China-Europe freight train, traveling from Chongqing, arrived in Duisburg, Germany, on Tuesday morning, marking a significant milestone for the rail connection between China and Europe. The train, identified as X8083, reached Duisburg’s terminal at 9:10 am local time, carrying electronics, industrial parts, and household appliances. Its cargo was quickly unloaded for […]
A new international group, the Group of Friends for International Cooperation on AI Capacity Building, was launched at the United Nations on Tuesday, co-chaired by China and Zambia, with representatives from more than 80 countries, including Egypt, Pakistan, Brazil, Ethiopia, Indonesia, Russia, the United States, France, and the United Kingdom. The group’s inaugural meeting aimed […]
TIANJIN – European aircraft manufacturer Airbus opened its first safety promotion center in China on Tuesday at its Tianjin facilities. This initiative is part of Airbus’ global efforts to bolster safety culture within the company and raise safety awareness across the aviation industry. George Xu, Airbus executive vice president and CEO of Airbus China, emphasized […]
PARIS – The global economy is expected to grow by 3.2% in 2024, with further growth of 3.3% projected for both 2025 and 2026, according to the latest economic outlook released by the Organization for Economic Cooperation and Development (OECD) on Wednesday. While the global economy shows resilience, the OECD report highlights significant regional disparities […]
Shuangfeng county in Hunan province has become a leading producer of agricultural machinery in China, thanks to its ongoing innovation and development of machinery specifically suited for the region’s challenging, hilly landscape. The county’s rugged terrain made it nearly impossible for traditional agricultural machinery to operate efficiently, but through extensive research and technological advancements, Shuangfeng […]
