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By Kong Dechen China's actual use of foreign capital in high-tech industries grew 18 percent year on year to 156.71 billion yuan ($22.34 billion) in the first quarter this year. More and more multinational corporations have invested in Chinese high-tech industries and established their global flagship factories in the country,…
By Kong Dechen China delivered outstanding shipbuilding performance last year, with output, new, and holding orders accounting for 45.2 percent, 55.2 percent, and 49.0 percent of the world's total, respectively. All ranked first globally. Chinese shipbuilders received 55 orders for liquefied natural gas (LNG) carriers in 2022, accounting for more…
By Kong Dechen The first batch of wind turbines of an offshore wind farm in central Bohai Sea and 20 kilometers from the Dongying Port in east China's Shandong province were recently connected to the national power grid. "It is the first offshore wind farm project in China that sells…
By Kong Dechen Engaged in the cross-border e-commerce business, Tang Sheng has worked on a very tight schedule in a recent couple of months. "I sell tools on Amazon. In the first quarter this year, my business performance was poor due to the rising price of raw materials and COVID-19…
By Kong Dechen New professions have sprouted up and enjoyed rapid development in China, as new industries and new business forms and models have constantly emerged with the country’s economic and social development, scientific and technological progress, as well as industrial structure adjustment and upgrading. China’s Ministry of Human Resources…