China achieves important breakthrough in halving rice growth cycle

China has achieved an important breakthrough in harvesting rice in controlled conditions only 60 days in a plant factory, halving the traditional growth cycle of more than 120 days in field condition, which provides a new approach to accelerate crop breeding, according to media reports. The experiment was carried out jointly by the Institute of Urban Agriculture under the Chinese

Two Chinese steelmakers to merge, become world’s third largest

China’s two major steelmakers, Ansteel and Ben Gang Group Corporation, inked a deal on Friday to kick off their merger and restructuring that will create the world’s third-largest steelmaker. According to the deal, the owner of Ben Gang – the State-owned Assets Supervision and Administration Commission of Liaoning Province – will transfer a 51-percent controlling stake in the steelmaker to

China’s car rental market to top 100b yuan by 2022: report

China’s car rental market is about to enter the high-speed growth period and top 100 billion yuan (about $15.39 billion) next year, according to a report. The market will embrace high-speed development after the car rental industry reshuffled over the previous five or six years, according to a report by internet data analysis service provider Analysys. In 2021, the industry

Jiangyin Registered a 12.3% GDP Growth for the First Half of the Year

The city of Jiangyin achieved a regional GDP of RMB 201.768 billion in the first half of the year, a year-on-year increase of 12.3% at comparable prices. In the first half of 2021, the output value of strategic emerging industries above designated size grew by 30.7% year-on-year, 7.3 percentage points higher than that of the industries above designated size, and

China’s national carbon market off to smooth start: official

China’s national carbon market has been running smoothly in the first month of trading, with cumulative quotas reaching 7.02 million tons and total transactions standing at 355 million yuan ($54.78 million), an official told a press conference on Wednesday. In the first compliance cycle for the national carbon market for the power generation industry, 2,162 enterprises in the coal-fired power

China’s auto exports jump 1.2 times in Jan-July

China’s auto exports rose 1.2 times year-on-year in the first seven months of 2021, exceeding the volume in 2020, driven by record high exports of new-energy vehicles (NEVs), according to data released by the China Association of Automobile Manufacturers (CAAM) on Tuesday. Chinese auto companies exported 1 million vehicles from January to July, the data showed. In July, auto exports

Top luxury department store SKP expands to Hangzhou

The scheme of SKP Hangzhou, China’s top luxury department store, was released on Aug 17, marking the official launch of the first high-end commercial complex on the south bank of Qiantang River. A high-end fashion department store, an office building, and two “ultra-luxury hotels” are expected to be launched there. The site is divided into two parts. The commercial part,

Emphasize the marketing awareness and efficiency of agricultural technology innovation

On the morning of August 16, Governor Zheng Shanjie came to the Academy of Agricultural Science of Zhejiang Province to investigate agricultural science and technology. He emphasized that to consolidate and strengthen the basic position of agriculture, we cannot have a relaxed mind at any time. He expressed his hope that the Academy of Agricultural Science of Zhejiang Province should

High-Tech Zone (Binjiang) Releases Holistic Future Community Construction Plan

Holistic Future Community Construction Meeting was held at High-Tech Zone (Binjiang) yesterday. Holistic Future Community Construction Plan of High-Tech Zone (Binjiang) was released at the meeting. According to the plan, High-Tech Zone (Binjiang) will, centering on “human-oriented, ecological, digital, and nine scenes”, make human-oriented innovation in eight aspects, including smart space allocation, smart transport, smart service for people’s everyday life,

Digital farming takes hold in China as companies race to the market

For the first time, Shao Qinglang, 33-year-old farmer from Miaoji Township, east China’s Anhui Province, harvested over 550 kilograms of wheat per mu (666.7 square meters) in his 200-mu (13.33 hectares) farmland this summer, some 100 kg per mu more than last year, after having plowed the field for over nine years now. What helped Shao attain the bumper harvest