China

China's first homegrown hydrogen-powered urban train completes test

CHANGCHUN, March 21 (Xinhua) -- China's first independently developed hydrogen-powered urban train completed a test at a speed of 160 kph on Thursday, marking a breakthrough in the application of hydrogen energy in rail transit.

The train, developed by CRRC Changchun Railway Vehicles Co., Ltd. in Changchun, northeast China's Jilin Province, was tested on a test track belonging to the enterprise, achieving a full-system, full-scenario and multi-level performance verification.

China says it “firmly opposes” US recognition of Arunachal Pradesh as part of Indian territory

Beijing, Mar 21 (PTI) China on Thursday said it firmly opposes the US recognition of Arunachal Pradesh as part of Indian territory and affirmed that Washington has nothing to do with the India-China border dispute.

It also accused the US of “instigating and using other countries' disputes” for selfish geopolitical interests.

China hikes defence budget by 7.2 per cent to USD 232 billion

Beijing, Mar 5 (PTI) China on Tuesday increased its defence budget by 7.2 per cent to USD 232 billion as it continues with the massive modernisation of its military amid prevailing tensions over Taiwan, the South China Sea, border frictions with India and increasing rivalry with the US.

China unveils 2024 growth targets with focus on high-quality development

BEIJING, March 5 (Xinhua) -- China seeks to achieve a GDP growth rate of around 5 percent for 2024, the latest signal that the world's second-largest economy is committed to high-quality development despite uncertainties at home and abroad.

The projected goal, which remains unchanged from the previous year's growth target, is one of the key development objectives unveiled in the government work report delivered by Premier Li Qiang to the national legislature, which began its annual session Tuesday.

China's landmark deep-Earth borehole drilling project achieves 10,000-meter milestone

URUMQI, March 5 (Xinhua) -- China has achieved a significant breakthrough in deep-Earth exploration with the drilling of a superdeep borehole in the Xinjiang Uygur Autonomous Region exceeding the 10,000-meter mark, making it the deepest vertical well in Asia, even though the project as a whole is not yet completed.

Chinese scientists find genetic basis making some pandas brown

BEIJING, March 5 (Xinhua) -- A team of Chinese zoologists have identified a genetic source making the coat color of some giant pandas appear unusually brown and white.

The world's first brown panda was discovered in 1985 in the Qinling Mountains in northwest China's Shaanxi Province. All recorded photographs of the wild brown pandas were taken in the area. A recent adopted one is the male brown-and-white panda Qizai born in 2009.

China targets economic growth of around 5 pct in 2024

BEIJING, March 5 (Xinhua) -- China targets economic growth of around 5 percent in 2024, according to a government work report submitted Tuesday to the national legislature for deliberation.

The country expects to create over 12 million jobs in urban areas and keep the surveyed urban unemployment rate at around 5.5 percent this year, according to the report.

China's central SOEs to focus on strategic emerging industries, future industries: official

BEIJING, March 5 (Xinhua) -- In an effort to promote industrial upgrading, China's centrally-administered state-owned enterprises (SOEs) should put strategic emerging industries and future-oriented industries in a prominent position, an official with the country's top state-asset regulator said Tuesday.

Investment by central SOEs in strategic emerging industries increased 32.1 percent year on year in 2023, Zhang Yuzhuo, chairman of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, said on the sidelines of the ongoing "two sessions."

Red Sea shipping attacks pressure China's exporters as delays, costs mount

SHANGHAI/BEIJING, Jan 19 (Reuters) - For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.

Han, who exports Chinese-made cars to Africa and imports off-road vehicles from Europe, told Reuters the cost of shipping a container to Europe had surged to roughly $7,000 from $3,000 in December, when Yemen's Iran-aligned Houthi movement escalated attacks on shipping.

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