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China’s maritime foreign trade contributes to over one-third of global maritime transport

Maritime transport is the lifeline of global trade, as it handles over 80 percent of the international movement of goods. According to the Analysis Report on Chinese Port Operations 2024 (hereafter referred to as “the Report”) released by the Transport Planning and Research Institute, China’s Ministry of Transport, the volume of China’s foreign trade via…

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Product barcodes reveal recovery of China’s consumption

Product barcode, the black and white strips with corresponding numbers printed on the packages of a commodity, is the the unique identification of a product, as well as an “ID card” and “passport” in market circulation. In the first quarter of this year, China registered 4.13 million types of new consumer goods using product barcodes, a year-on-year increase of 9.5…

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Shanghai strives for high-quality development of AI industry

In China’s National and Local Co-built Humanoid Robotics Innovation Center in Zhangjiang High-tech Park, Shanghai, a remarkable full-sized general-purpose humanoid robot named “Healthy Loong” has attracted wide attention. The 1.85-meter robot with 43 spherical joints can engage in fast walking, swiftly avoid obstacles, steadily mount up and down slopes, and resist impact interference. So far,…

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China

Popularity of Chinese-style products overseas mirrors new momentum of China’s foreign trade

Thanks to the vogue for horse-face skirts, neo-Chinese styles and other Chinese fashion trends around the world, jacquard fabrics and products independently developed by a Zhejiang-based fabric company are seeing booming sales in overseas markets. In the first five months of this year, the company exported over 40 million yuan ($5.5 million) of such fabrics…

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China

China, Kazakhstan make solid progress in economic, trade cooperation

Kazakhstan is the place where China first proposed the initiative of jointly building the Belt and Road. In recent years, under the strategic guidance of the heads of state of both China and Kazakhstan, the two countries have achieved remarkable results in their cooperation. They have successfully implemented multiple Belt and Road cooperation projects, deepened…

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CRRC

CRRC releases world’s first report on carbon footprint of pure electric locomotives

Chinese state-owned and publicly traded rolling stock manufacturer China Railway Rolling Stock Corporation (CRRC) on June 28 launched seven new energy locomotives, which come in three power configurations – hybrid powered by both diesel and electricity, power battery only and hydrogen fuel cell. The series of locomotives feature low emission, low noise and high efficiency….

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