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China's light industry sector sees robust expansion in H1

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      China

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      China's light industry sector sees robust expansion in H1

      2024-08-12 22:17 Last Updated At:22:57

      China's light industry sector has seen robust growth in the first half of the year, benefiting from a steady increase in consumption and the continuous optimization and upgrading of industrial structure, industrial data showed.

      Data from the China National Light Industry Council indicated that in the six months, the added value for light industry "enterprises above designated size" increased by 5.3 percent year-on-year.

      Enterprises above the designated size refer to those with an annual revenue from main business operations being 20 million yuan (about 2.8 million U.S. dollars) or more.

      The council's leadership credited the expansion to a variety of successful measures the Chinese government has undertaken at the national level.

      "Since the beginning of this year, driven by a series of policies to stabilize growth, expand domestic demand, and promote consumption, the economic performance of the light industry has rebounded and improved, with rapid growth in production, steady expansion of the market, improved profitability, substantial increase in investment, and enhanced momentum for new quality development," said Zhang Chonghe, chairman of the China National Light Industry Council.

      On the production side, among the 91 major light industrial products counted by the National Bureau of Statistics, the output of 66 products, or about 72 percent of product categories, posted increment.

      Among them, the output of 18 products including air conditioners and solar cells maintained double-digit growth.

      On the consumption end, in the first half of the year, the retail sales of 11 categories of light industrial products were nearly 3.8 trillion yuan, accounting for nearly 16 percent of the total retail sales of consumer goods, an increase of 4.4 percent year-on-year.

      Exports of light industrial products also remained resilient, with exports of home appliances and furniture growing at a rate of more than 10 percent.

      China's light industry sector sees robust expansion in H1

      China's light industry sector sees robust expansion in H1

      Next Article

      Robot competition wows public with advancing brain-computer interface technology

      2025-01-21 17:09 Last Updated At:18:37

      The 2024 World Robot Contest Finals, just concluded on Tuesday in Zhengzhou, central China's Henan Province, has captivated visitors with exciting robot battles and groundbreaking technologies.

      The event consists of two major competitions: Brain-Computer Interface or BCI Brain-controlled Robot Competition and Youth Robot Design Competition.

      Running from Jan 16 to 21, the event covers more than 20 major events, 50 minor events and 100 competition groups, providing a broad competitive stage for robot enthusiasts around the world.

      During the six-day event, incredible displays realized by BCI technology, like typing and communicating with mind, have also taken the spotlight at the fair.

      BCI refers to a system allowing a person to control a computer or other electronic device using his or her brainwaves, without requiring any movement or verbal instruction.

      At the competition site, young contestants, wearing portable devices on their heads, silently controlled line-following robots to complete challenge tasks by leveraging their brainwave signals.

      Wu Qin, a referee of the competition, explained that the performance of contestants is determined by their level of concentration during the event, with the data being collected from within the human brain.

      "The BCI device works kind of like a fitness tracker that monitors our heart rate and blood oxygen levels," Wu added.

      Meanwhile, a display and experience area, showcasing various application scenarios of BCI, have attracted crowds of visitors.

      "I just experienced the mood breathing light and visual typing. Both are quite advanced. I haven't come across similar things before. This competition let us learn about these novel devices, and it's great," said a visitor.

      Robot competition wows public with advancing brain-computer interface technology

      Robot competition wows public with advancing brain-computer interface technology

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