China is exploring the value of data as a factor of production to boost sustainable development. [Photo/VCG] BEIJING – China is exploring the value of data as a factor of production to boost sustainable development, at a time when the emerging digital economy is creating new growth momentum through forging new production supply and consumer … Continue reading Exploring value of data to boost sustainable development
Tag: economy
China’s auto sales up 10.6% in Q1
SAIC’s Roewe brand showcases its models at the 2023 Shanghai auto show. [Photo provided to CHINA DAILY] BEIJING – China’s auto sales rose 10.6 percent year-on-year to 6.72 million units in the first quarter of this year, data from the China Association of Automobile Manufacturers showed Wednesday. In March alone, auto sales exceeded 2.69 million … Continue reading China’s auto sales up 10.6% in Q1
China generates over 32 zettabytes of data in 2023
[Photo/VCG] BEIJING — It is estimated that China created more than 32 zettabytes of data in 2023, according to a survey on data resources conducted by the National Data Administration (NDA). During a conference held from Monday to Tuesday, Liu Liehong, head of the NDA, announced that 31 provincial-level regions and the Xinjiang Production and … Continue reading China generates over 32 zettabytes of data in 2023
Shanghai company completes world’s first delivery of ‘air taxi’
Prosperity also known as an “air taxi”, is developed by AutoFlight , a leading eVTOL developer based in Shanghai. [Photo provided to chinadaily.com.cn] AutoFlight, a leading electric vertical takeoff and landing (eVTOL) technology company, recently delivered the first Prosperity eVTOL aircraft to a pioneering operator in Japan for Advanced Air Mobility, which marks the first … Continue reading Shanghai company completes world’s first delivery of ‘air taxi’
Shanghai company completes world’s first delivery of ‘air taxi’
Prosperity also known as an “air taxi”, is developed by AutoFlight , a leading eVTOL developer based in Shanghai. [Photo provided to chinadaily.com.cn] AutoFlight, a leading electric vertical takeoff and landing (eVTOL) technology company, recently delivered the first Prosperity eVTOL aircraft to a pioneering operator in Japan for Advanced Air Mobility, which marks the first … Continue reading Shanghai company completes world’s first delivery of ‘air taxi’
Expert highlights innovative drivers to bolster high-quality development
Employees work at a production facility for display units in Chongqing on March 14. [Photo/Xinhua] China’s emphasis on nurturing new quality productive forces is set to inject fresh impetus into the country’s high-quality development and contribute greatly to global economic recovery, while offering enormous business opportunities for investors both at home and abroad, according to … Continue reading Expert highlights innovative drivers to bolster high-quality development
China’s fiscal revenue down 2.3% in first two months of 2024
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] BEIJING – China’s fiscal revenue fell 2.3 percent year-on-year in the January-February period, but rose 2.5 percent after adjusting on comparable basis, Deputy Finance Minister Liao Min said Thursday. The country’s fiscal expenditure expanded 6.7 percent during the … Continue reading China’s fiscal revenue down 2.3% in first two months of 2024
Prudential sees opportunities in growing middle-income group
China’s efforts to focus more on domestic consumption for sustainable and balanced economic growth, along with a fast-growing middle-income group and the shifting dynamics of its demographics, will bring massive opportunities for global insurance companies, the top executive of global insurer Prudential said. China’s economy is undergoing a transitional phase, with a stronger emphasis on … Continue reading Prudential sees opportunities in growing middle-income group
China continues to promote global growth, says CEO of Australian iron ore giant
The skyline of Beijing. [Photo/VCG] SYDNEY – As a key player in the global economy, China will continue to promote global growth and technological innovation in the years to come, the CEO of an Australian iron ore giant has said. In a recent interview with Xinhua, Dino Otranto, CEO of Fortescue Metals Group Ltd, said … Continue reading China continues to promote global growth, says CEO of Australian iron ore giant
Buoyed by strong demand, Evonik to expand presence in chemicals sector
The Evonik’s booth during an expo in China. [Photo provided to chinadaily.com.cn] China is a major driving force of global economic growth and German specialty chemicals maker Evonik is looking to expand its footprint here, its top executive said. “The Chinese industry is somewhat … like the red locomotive of the global economy in the … Continue reading Buoyed by strong demand, Evonik to expand presence in chemicals sector