A vast array of durable goods, from kitchen stoves to smart toilets, were on display inside a Suning chain store in Nanning, South China’s Guangxi Zhuang Autonomous Region, with vibrant stickers promising up to 20% off thanks to state subsidies. These discounts are part of China’s ambitious 300-billion-yuan ($41.7 billion) program aimed at encouraging equipment […]
Huawei Technologies Co. unveiled its much-anticipated Mate 70 smartphone series on Tuesday, calling it the “most powerful Mate ever,” signaling a major leap forward in the premium handset market. The new series is poised to directly challenge competitors like Apple, particularly in the AI-enabled features and operating systems space. The Mate 70 series introduces a […]
China is planning to increase the share of consumption in its GDP to more than 50% within the next decade as part of its strategy to shift the country’s economic growth drivers. This shift is seen as essential in light of challenges stemming from the ongoing adjustments in the property sector and growing concerns over […]
The 26th Harbin Ice and Snow World is offering a unique business opportunity with the auction of nine candied fruit sales stalls, starting at a bid price of 1 million yuan ($137,850). This auction, announced by the Harbin Auction Company, has generated significant public interest and discussion, particularly regarding the high starting bid and stringent […]
China’s sustainable development has seen steady improvement, with its sustainability index increasing by 46.8% since the assessment began, according to a recent report released at the COP29 climate conference. The index, co-released by the China Center for International Economic Exchanges (CCIEE) and the Earth Institute of Columbia University, evaluates five key areas: economic development, social […]
China’s Ministry of Industry and Information Technology (MIIT) has announced updates to industry standards for photovoltaic (PV) manufacturing, aiming to address current challenges such as the repetitive expansion of low-level production capacity and declining profitability. The revisions are designed to foster the healthy development of the PV industry, promote technological innovation, and guide more sustainable […]
China and the European Union are reportedly nearing an agreement on the EU’s imposition of additional tariffs on Chinese-made electric vehicles (EVs), a development that analysts believe could help prevent further escalation of trade tensions between the two economic giants. A potential compromise would benefit the EV industry on both sides while strengthening the broader […]
China’s bicycle and electric bicycle industry has made significant progress in the first three quarters of 2024, despite a challenging external environment and economic transformations driven by technological revolutions. The industry has experienced continuous recovery and growth, fueled by efforts from Chinese companies to accelerate structural adjustments and transformation, according to Liu Suwen, President of […]
Morocco and China continue to build on their longstanding positive relationship, with the Belt and Road Initiative (BRI) playing a pivotal role in fostering deeper economic cooperation. Abdelkader El Ansari, Morocco’s Ambassador to China, highlighted the growing synergy between the two nations during his tenure, emphasizing the vast potential for collaboration under the BRI. El […]
BEIJING – The second China International Supply Chain Expo (CISCE) will take place from Tuesday to Saturday in Beijing, bringing together industry leaders, experts, and innovators from around the world to promote global cooperation in industrial and supply chains. The expo, the world’s first national-level exhibition focused on supply chains, aims to connect the world […]
