Industry News
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Positive contributions to promoting world economic recovery
The gross domestic product exceeded 27 trillion yuan, a year-on-year increase of 4.8%; the total import and export value of trade in goods increased by 10.7% year-on-year. And the actual use of foreign capital increased by 25.6% year-on-year, both continuing double-digit growth. Foreign direct ...Read more -
China’s digital trade ushered in new opportunities
With China’s application to join DEPA, digital trade, as an important component of the digital economy, has received special attention.Digital trade is the expansion and extension of traditional trade in the digital economy era. Compared with cross-border e-commerce, digital trade can be s...Read more -
Small and medium-sized foreign trade, small ship, big energy
The scale of China’s foreign trade import and export reached 6.05 trillion US dollars last year, a record high.On this dazzling transcript, small, medium and micro foreign trade enterprises have contributed a lot.According to the data, in 2021, private enterprises, mainly small, medium and...Read more -
The economy of the machinery industry is stable on the whole
Despite effect of various factors such as rising raw material prices, the economic operation of the entire industry and production are generally stable. And the annual increase in major economic indicators exceeds expectations. Foreign trade has hit a high record due to the effective prevention ...Read more -
Steel sector to see limited impact from external woes
Employees check steel tubes at a production facility in Maanshan, Anhui province, in March. [Photo by LUO JISHENG/FOR CHINA DAILY] Adding more strain to global steel supplies and price inflation of raw materials, the Russia-Ukraine conflict has increased China’s steel production costs, ye...Read more -
Container throughput of China’s Tianjin Port hits record high in Q1
A smart container terminal at Tianjin Port in North China’s Tianjin on Jan 17, 2021. [Photo/Xinhua] TIANJIN — North China’s Tianjin Port handled approximately 4.63 million twenty-foot equivalent units (TEUs) of containers in the first three months of 2022, up 3.5 percent year-o...Read more -
China’s daily crude steel output up in mid-March
Employees work at a steel plant in Qian’an, Hebei province. [Photo/Xinhua] BEIJING – China’s major steel mills saw their average daily output of crude steel stand at about 2.05 million tons in mid-March, an industrial data showed. The daily output marked an increase of 4.61 per...Read more -
China’s non-ferrous metal output slightly down in first 2 months
An employee works at a copper processing plant in Tongling, Anhui province. [Photo/IC] BEIJING — China’s non-ferrous metal industry saw a slight decline in output in the first two months of 2022, official data showed. The output of ten types of non-ferrous metals reached 10.51 millio...Read more -
Haier chairman sees bigger role for industrial internet sector
Visitors are introduced to COSMOPlat, Haier’s industrial internet platform, at a free-trade zone in Qingdao, Shandong province, on Nov 30, 2020. [Photo by ZHANG JINGANG/FOR CHINA DAILY] The industrial internet is expected to play a bigger role in empowering the high-quality development of...Read more -
New but already important channel for trade
An employee prepares packages for cross-border e-commerce orders at a warehouse in Lianyungang, Jiangsu province in October. [Photo by GENG YUHE/FOR CHINA DAILY] That cross-border e-commerce has been gaining momentum in China is well known. But what is not so well known is that this relatively n...Read more -
Aluminum market battles price rise
Employees check aluminum products at a plant in the Guangxi Zhuang autonomous region. [Photo/CHINA DAILY] Market concerns about a COVID-19 outbreak in Baise in South China’s Guangxi Zhuang autonomous region, a major domestic aluminum production hub, coupled with low levels of global invent...Read more -
Chinese firms seize bigger share in smartphone AMOLED screen shipments in 2021
BOE’s logo is seen on a wall. [Photo/IC] HONG KONG — Chinese companies gained a greater market share in smartphone AMOLED display panel shipments last year amid a rapidly-growing global market, a report said. Consulting firm CINNO Research said in a research note that Chinese produce...Read more