China’s Automotive Market Navigates Shifting Tides Amidst Policy Shifts and Electrification Drive

China’s vast automotive market, a global powerhouse for vehicle sales, registered a significantly moderated growth rate in November 2017, with total vehicle sales climbing a meager 0.7 percent year-on-year to…

China to achieve coal capacity cut target next year

China is poised to significantly outperform its ambitious targets for industrial capacity reduction in the coal and steel sectors, with key goals expected to be met well ahead of schedule.…

Air China Inaugurates Direct Beijing-Brisbane Route, Heralding Major Economic and Tourism Boost for Queensland

The skies between China’s capital and Australia’s Sunshine State officially became more direct on Monday afternoon, with the safe landing of the first Air China flight from Beijing to Brisbane.…

BAIC Group to Phase Out Conventional Fuel Vehicles Under Its Own Brand by 2025, Accelerating NEV Transition

Beijing Automotive Group Co (BAIC Group), one of China’s prominent state-owned automakers, has declared an ambitious strategic shift towards electrification, committing to phase out the production and sale of conventional…

The Looming Merger of Mobike and Ofo: A Battle of Wills Amidst Market Consolidation Pressures

The strategic future of China’s burgeoning bike-sharing industry has been increasingly dominated by speculation surrounding a potential merger between its two dominant players, Mobike and Ofo. Despite public denials from…

China’s Fiscal Landscape: Steady Growth in Revenue and Expenditures Signals Economic Resilience Through First Eleven Months

BEIJING – China’s fiscal performance demonstrated robust stability in the first eleven months of the year, with both revenue and expenditures registering steady growth, underpinned by the nation’s strong economic…

China’s new energy vehicle sales surge 80% in November

The digital presence of China Daily Information Co. (CDIC), established through its official website, underscores a comprehensive approach to content management, intellectual property protection, and user experience, reflected in its…

Hainan Airlines Deepens Belt and Road Ties, HNA Group Pivots to State-Aligned Expansion and Domestic Tourism Growth

Hainan Airlines, China’s largest private airline, is embarking on an ambitious strategic expansion, significantly increasing its direct flight services to countries and regions participating in the Belt and Road Initiative…

China Overtakes South Korea as World’s Leading Shipbuilding Nation, Marking a Historic Shift in Global Maritime Dominance

In a significant realignment of the global maritime industry, China has surged ahead to claim the top spot in worldwide shipbuilding orders for the first eleven months of the year,…

China Connects World’s Largest Floating Solar Power Station to Grid in Anhui

The world’s largest floating photovoltaic (PV) power station has commenced operations in Anhui province, China, with its initial capacity connected to the national grid and generating power. This significant milestone…