News for people and friends
Chongqing, once known for its spicy cuisine and steep hills, has now become China’s fourth-largest city by GDP, surpassing Guangzhou in 2024. Discover how this mountain city transformed into an economic powerhouse.
China’s private sector is driving tech innovation, contributing over half of the nation’s R&D and over 70% of breakthroughs, solidifying its key role in the country’s innovation ecosystem.
Australian professor Warwick Powell argues that it’s futile for the US to revive its manufacturing industry, hollowed out over 50 years, solely by imposing tariffs.
China’s manufacturing sector saw a slight contraction in January due to seasonal factors like the Spring Festival, but optimism remains high for a post-holiday rebound.
China is shifting focus to new growth drivers—domestic consumption, manufacturing, and green transformation—as it navigates global economic uncertainties.
Africa celebrates its first lighthouse factory operated by China’s CITIC Dicastal Group, marking a milestone in advanced manufacturing technologies on the continent.
China’s GDP grew by 5% in 2024, meeting its annual target. Strong performances in manufacturing, high-tech industries, and consumer spending signal steady economic momentum.
A Chinese customs official dismisses claims of “overcapacity” in exports as a “pure fallacy,” emphasizing China’s crucial role in global manufacturing and calling for open international cooperation.
China is transforming its textile industry with cutting-edge automation, blending tradition with innovation in a technological revolution.
Discover the resilience of China’s textile industry and explore whether factories are moving out of the world’s factory.