Shanghai Port on pace to reach record-high throughput
An aerial photo of a container ship docks at Shanghai Yangshan Deep Water Port, on Dec 18, 2024. During the first 11 months of the year, Shanghai Port handled 50.56…
Shale oil base achieves major breakthrough
China’s first national-level continental shale oil demonstration zone, located in Xinjiang Uygur autonomous region, has achieved its annual crude oil production target of 1.7 million metric tons ahead of schedule,…
IMF revises up China growth forecast for 2025 on policy support
BEIJING — The International Monetary Fund (IMF) on Wednesday raised its forecast for China’s economic growth in 2025 to 5 percent year-on-year, up by 0.2 percentage points from its previous…
HK works to solidify its position as international design hub
Participants to the Business of Design Week 2025 in Hong Kong in the “DFA Design Award Exhibition 2025”, which aims to provide a platform for showcasing world-class design works and…
Changan fastest Chinese carmaker to hit 30 million domestic brand vehicles
An Avatr 12 sedan rolls off the production line in Chongqing on Dec 10, 2025. China Changan Automobile has produced its 30 millionth Chinese-brand vehicle, becoming the country’s fastest automaker…
Private petrochemical producers set for robust growth
An LNG vessel is berthed at a port in Tangshan, Hebei province, in November. China’s vast private petroleum and chemical sector is positioned for robust and broad growth, industry data…
IMF: China’s resilience will be sustained
China’s economy is poised for resilient growth in 2026 and beyond, supported by a pro-growth macroeconomic policy combination and a stronger push to prioritize the shift toward a consumption-driven growth…
Huawei’s smart car alliance to build unified ecosystem
Logos of HIMA’s five members are seen at an event in Chengdu, Sichuan province, in August 2025. The Harmony Intelligent Mobility Alliance, which consists of five car marques Huawei has…
Chinese chipmaker YMTC challenges US Defense Dept in suit
China’s leading flash memory chipmaker, Yangtze Memory Technologies Co, has filed a lawsuit against the US Department of Defense, challenging its inclusion on a US list of companies alleged to…
China’s crude oil output set to hit record high in 2025
Employees check an oil transmission facility at Daqing Oilfield, Heilongjiang province. MA KE/XINHUA China’s domestic crude oil production is expected to reach a record-high of 215 million metric tons for…