China's sci-tech hubs forge tighter lab-to-market ties to power industrial upgrade
The expansion of the Beijing and Shanghai centers into the wider Beijing-Tianjin-Hebei region and the Yangtze River Delta, respectively, marks a shift from single-city breakthroughs toward coordinated regional development, a direction set out at the 2025 Central Economic Work Conference.
Macro
China's top grain-producing province turns paddies into tourist destinations
These art pieces, spanning 120,000 square meters, are located in a rice park in the city of Fujin, northeast China's Heilongjiang Province. Heilongjiang, China's top grain-producing province, has transformed vast paddies into thriving tourism destinations, boosting local incomes.
In-depth
Economic Watch: How AI, energy empower each other across China
"Urgent orders tomorrow afternoon. Prioritize the production load and charge the batteries when power is cheap in the morning." This is the instruction a plant manager fed into an energy management system, with no coding or rule-setting required, and within seconds a complete scheduling strategy was generated.
moreEconomic Watch: China's August PMI signals improved sentiment, steady new momentum
China's manufacturing purchasing managers' index (PMI) edged up in August from a month earlier, signaling improved business sentiment amid policy support and weakening extreme weather effects, while new momentum drivers continued to gain steam, official data showed Monday.
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Companies
Huawei's H1 revenue up 9.55 pct amid rising R&D spending
Chinese tech giant Huawei generated 467.82 billion yuan in revenue in the first half of the year, up 9.55 percent year on year.
Global aircraft engine lessor makes direct leasing move in China
Major global aircraft engine lessor Rolls-Royce & Partners Finance on Thursday announced to set up a direct aero engine leasing entity in China as it seeks to cash in on the world's second-largest aviation market.
