Economy

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Oil bosses call phasing out fossil fuels a ‘fantasy’ – but an international agreement is plausible

Oil bosses call phasing out fossil fuels a ‘fantasy’ – but an international agreement is plausible

Such a phase-out requires international cooperation to restrict the supply of fossil...

Port project built by China contributes to Peru's economic, social development

Port project built by China contributes to Peru's economic, social development

About 80 kilometers north of Lima, capital of Peru, the Chancay Port jointly undertaken...

China strives to make payment environment more convenient, efficient

China strives to make payment environment more convenient, efficient

China has become more enticing for foreigners as the country has concluded mutual...

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Food prices will climb everywhere as temperatures rise due to climate change – new research

Food prices will climb everywhere as temperatures rise due to climate change – new research

Climate change, and specifically rising temperatures, may cause food prices to increase...

China's commercial space industry embraces rapid growth

China's commercial space industry embraces rapid growth

At the beginning of 2024, a carrier rocket developed by Chinese commercial aerospace...

China takes people's wellbeing as fundamental goal of development

China takes people's wellbeing as fundamental goal of development

The per capita disposable income of Chinese residents increased by 6.1 percent in...

Cross-border livestream commerce boosts China's foreign trade

Cross-border livestream commerce boosts China's foreign trade

China's cross-border e-commerce imports and exports reached 2.38 trillion yuan ($331.64...

Thriving logistics reflect China's economic vitality

Thriving logistics reflect China's economic vitality

If there were no fast logistics or delivery couriers, consumption in mountainous...

China still considered favorable investment destination by foreign companies

China still considered favorable investment destination by foreign companies

In January this year, 4,588 new foreign-invested firms were established in China,...

China's cruise economy embraces rapid development

China's cruise economy embraces rapid development

On the early morning of March 5, cruise ship Adora Magic City carrying over 4,200...

China works to further improve payment convenience

China works to further improve payment convenience

China's State Council Information Office hosted a policy briefing on March 1, at...

Space lotus leads county in China's Jiangxi to prosperity

Space lotus leads county in China's Jiangxi to prosperity

In the early spring dawn, the white lotus distribution center in Guangchang county,...

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How Birmingham city council’s ‘equal pay’ bankruptcy provided cover for ongoing Oracle IT disaster

How Birmingham city council’s ‘equal pay’ bankruptcy provided cover for ongoing Oracle IT disaster

Birmingham city council is set to vote through a raft of budget cuts amounting to...

Chinese market boosting growth in Brazilian coffee exports

Chinese market boosting growth in Brazilian coffee exports

Brazil exported more than 39.24 million 60-kg bags of coffee last year, on par with...

Spring Festival mirrors vitality of Chinese economy and society

Spring Festival mirrors vitality of Chinese economy and society

During the Spring Festival, a cross-border livestream commerce event was hosted...

China taps into potential of low-altitude economy

China taps into potential of low-altitude economy

In the frozen mountains, heavy-duty drones are commissioned to clear the ice off...

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