Large businesses in the EU: small number, high turnover
In 2024, the EU had around 33.5 million enterprises, employing 164.2 million people. Those enterprises registered a net turnover of €38.7 trillion. Although large enterprises (more than 249 people employed)…
Snapshot of EU economies: new experimental statistics
Eurostat has launched new experimental statistics presenting multi-country National Accounting Matrices (FIGARO-NAM). This new resource links data on production and consumption with data on income and saving, helping users understand…
Shale oil output hits 1m tons at Daqing
Operators conduct inspections and maintenance on equipment at Daqing Gulong continental shale oil national demonstration zone in Heilongjiang province on Thursday. WANG SONG/XINHUA The annual production of Gulong shale oilfield…
Trade to deepen Sino-French ties
China’s manufacturing transformation, ultra-large market and accelerating shift toward services, energy transition and digitalization will unlock substantial opportunities for French companies in the years ahead, said French business executives. As…
ByteDance tweaks Doubao assistant amid app curbs
A visitor interacts with ByteDance’s AI model Doubao during a high-tech expo in December 2024, in Shanghai. Chinese tech giant ByteDance said its artificial intelligence-powered Doubao mobile phone assistant will…
Red leaves sparking tourism boom
CHONGQING — Watching red leaves has long been a favorite autumn pastime in China, and the passion for this seasonal tradition is now becoming a powerful economic engine across the…
China eyes new phase of green transition
As China continues its efforts to transition toward a more sustainable economy, the country is preparing for a new phase of green development, said the country’s government officials. “The 15th…
Nation to prioritize innovation, AI in 2026 economic agenda
An employee explains how intelligent robots work at the production line of Haier’s central air conditioning interconnection factory in Qingdao, Shandong province, on Nov 27. LI ZIHENG/XINHUA China is expected…
Milestone for port’s container throughput
A view of Ningbo Zhoushan Port’s container section. Ningbo Zhoushan Port, the world’s leader in annual cargo throughput for 16 consecutive years, marked another historic milestone. Its annual container throughput…
Analysts: China not necessarily relying on Nvidia for chips, ecosystem
Despite the United States greenlighting exports of Nvidia’s H200 artificial intelligence chips to approved Chinese customers, industry experts cautioned on Tuesday that demand in China may fall short of expectations,…