Industries

Trump Administration Accelerates Psychedelic Research for PTSD, Sparking Hope and Controversy

President Trump signs executive order to accelerate research into ibogaine and other psychedelics for PTSD treatment, sparking debate and hope.

Bank of Korea Raises Rate to 3% in Second Straight Hike

The Bank of Korea raised its benchmark rate 25 basis points to 3.0% on Thursday, a second straight hike backed by a chip-led export boom.

Warsh Cuts Fed Statement to 130 Words, Drops All Rate-Cut Language

Fed Chair Kevin Warsh shortened the post-meeting statement to 130 words from 341, removing all mention of future rate cuts and hinting at higher-for-longer

Trump Demands FCC Punish NBC Host, Treasury Bars Reporters From G20

Trump called for FCC punishment of NBC host Kristen Welker on Sunday as the Treasury barred NYT, WSJ and Bloomberg reporters from G20 events.

Bessent Says U.S. Will Sanction Another Bank Over Iran Ties This Week

Treasury Secretary Scott Bessent said the U.S. will sanction another bank this week to clamp down on Iran transactions, ahead of G20 meetings in North Caro

China Calls Out Japan’s Harmful Acts Against Its Semiconductor Industry

China's Ministry of Commerce has called out Japan's planned export restrictions on chip manufacturing equipment, stating that it is a harmful act against China...

China to transition to new energy sources gradually, say industry experts

According to industry experts, China's shift to new energy sources should be gradual rather than abrupt. They suggest building a new type of power...

Chinese home appliance makers expand overseas presence amid fierce domestic competition

Chinese home appliance makers are ramping up efforts to expand their presence in overseas markets, invest in localized research and development, and release high-end...

Pingdu’s False Eyelash Industry: A Craftsmanship Business Thriving in the Digital Age

70% of the world's false eyelashes are actually produced in Pingdu, a county-level city of over 1.3 million residents in Shandong province? That's right!...

China Launches Chongqing Digital Economy Innovation Park, Aiming to Lead Global Digitalization

The Chongqing Digital Economy Innovation Park, China's first large-scale industrial project in the digital economy, was officially inaugurated on Saturday, marking a significant milestone...

Qingxian’s makeup brush factories dominate China’s market and beyond

Hu Na is a skilled worker from Cangzhou's Qingxian county in Hebei province, about 170 kilometers southeast of Beijing, who recently demonstrated on e-commerce...

China’s Semiconductor Industry: Overcoming Challenges to Achieve Self-Sufficiency

China's aspiration to compete at the highest levels of chip-making has captured the imagination of its citizens. The country is investing heavily in the...

China International Seed Expo Showcases Cutting-Edge Technology and Innovation

An international seed expo opened on Saturday in North China's Tianjin municipality, with the aim of promoting technological innovation in the seed industry. The...

China’s light industry sees steady growth in 2022, says National Development and Reform Commission data

China's light industry sector achieved steady growth in 2022, according to data from the National Development and Reform Commission. Major enterprises in the sector...

China’s maternal and infant care market reflects changing consumer tastes and preferences

China's maternal and infant care market is expected to experience significant growth, driven by the increasing consumption power of new parents. According to a...

Food Delivery and Ride-Hailing Jobs Overtake Waiter Positions in China’s F&B Industry

A recent job fair at Henan University of Economics and Law sparked a heated discussion after several catering companies recruited dishwashers for a minimum...

Guzhen Town in Guangdong Province Resumes Offline Exhibitions with the 28th China International Lighting Fair

Surrounded by whimsical butterfly- and rabbit-shaped lamps, workers are busy assembling illuminations while others rehearse for the highly anticipated light show at the upcoming...

Improved Market Liquidity and Financial Support Measures Boosting China’s Real Estate Sector Amid Recovery

According to property investment and sales data from the National Bureau of Statistics (NBS), China's real estate market is showing promising signs of a...

Shanghai to witness a boom in shopping mall openings, with 45 new malls set to launch in 2023

Shanghai is poised for a resurgence in the retail sector as the city gears up to welcome a wave of new shopping mall openings...

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