Business--China Economic Net

JAECOO, an SUV brand under China's Chery Group, has been trusted as the main partner in organizing the 2nd Annual Indonesia Green Industry Summit (AIGIS) to be held this August, a flagship initiative launched by Indonesia's Ministry of Industry to accelerate the country's progress toward its 2060 net-zero emissions target.

China's economy demonstrates resilience amid uncertain external environment2025-05-01
China's economic output continued to rise in April, though changes in the external trade environment brought a level of disruption to the manufacturing sector, the National Bureau of Statistics (NBS) said on Wednesday.

Wheels to wings: Chinese automakers challenge frontiers of mobility2025-04-30
At the ongoing 21st Shanghai International Automobile Industry Exhibition (Auto Shanghai 2025), Chinese new energy vehicle (NEV) maker XPENG's humanoid robot, IRON, stole the spotlight by debating the merits of the company's self-developed flying car with its creator, CEO He Xiaopeng.

China's services trade reports solid growth in Q12025-04-30
China's services trade saw steady growth in the first quarter of the year, including a steep increase in the trade of travel-related services, official data showed on Tuesday.

China produces 41.06 ZB of data in 20242025-04-30
China generated 41.06 zettabytes of data in 2024, marking an increase of 25 percent year on year, Liu Liehong, head of the National Data Administration, said on Tuesday at the opening of the 8th Digital China Summit.

China drives strong recovery in Australian wine exports: report2025-04-30
Australian wine exports recorded a strong rebound in the 12 months to March 2025, driven by surging demand from China after the removal of tariffs on Australian bottled wine.

China's cultural sector sees steady growth in Q12025-04-30
Major enterprises in China's cultural sector and related industries saw steady growth in both revenue and profits during the first three months of the year, official data showed on Tuesday.

China to launch campaign to dismantle market access barriers2025-04-30
China announced Tuesday a campaign to eliminate and rectify market access barriers in the latest effort to promote the development of a unified national market.

"World's supermarket" navigates trade changes with resilience, innovation2025-04-30
In a compact shop no larger than 10 square meters, Tao Yang, a vendor in Yiwu -- a city in Zhejiang Province known as "the world's supermarket" -- keeps a well-used World Atlas on her desk.

Development index shows China's digital push is gaining speed2025-04-30
China's digital transformation is gaining strong momentum, with its Digital China development index climbing to 150.51 in 2024, up 10.65 percent from the previous year, according to the National Data Administration's national institute for data development.

China's major nuclear power plant surpasses 1 trillion kWh in grid power generation2025-04-30
China General Nuclear Power Group (CGN) on Tuesday said that the Daya Bay Nuclear Power Plant has generated over 1 trillion kilowatt-hours of grid power, becoming a key contributor to the country's clean energy supply.

Chinese, Finnish firms launch Finland's 1st cathode active material plant2025-04-30
Chinese and Finnish companies broke ground Tuesday on Finland's first lithium-ion battery cathode active material (CAM) plant, a project aimed at boosting Europe's battery supply chain.

China to handle 144 mln railway passenger trips over May Day holiday2025-04-30
China's railway network is expected to handle approximately 144 million passenger trips during the eight-day May Day holiday travel rush, which kicked off on Tuesday, the national railway operator said.

Chinese automakers accelerate global expansion with smarter, consumer-centric strategies2025-04-29
The accelerating global ambitions of Chinese automotive brands have taken center stage at the ongoing 21st Shanghai International Automobile Industry Exhibition in east China's Shanghai Municipality, as leading manufacturers unveiled targeted strategies to drive overseas growth.

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Stanford report finds U.S. AI edge fading as China closes gap

China has nearly closed AI performance gap with the US, with its leading models achieving near parity with American counterparts on key benchmarks, a Stanford University report said.