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27th China Hi-Tech Fair concludes with signing of trade deals worth 170 bln yuan

China

China

China

27th China Hi-Tech Fair concludes with signing of trade deals worth 170 bln yuan

2025-11-17 07:36 Last Updated At:11:37

The 27th China Hi-Tech Fair concluded in Shenzhen, south China's Guangdong Province, on Sunday, with the signing of intended trade deals worth 170 billion yuan (about 24 billion U.S. dollars).

The three-day event brought together over 1,000 procurement delegations from more than 120 countries and regions across the world, resulting in the signing of 1,023 supply-demand and investment-financing projects on-site.

The fair, recognized as a key platform for high-tech developments in China, was supported by the local government and showcased over 5,000 new technologies, products, and achievements.

This year's event, which run from Nov 14 to 16 at the Shenzhen World Exhibition and Convention Center, covered 400,000 square meters and featured more than 5,000 enterprises and international organizations, according to the fair's organizing committee.

The fair highlighted international technological advancements, China's high-level innovation, and Shenzhen's "20+8" industrial clusters, with 22 major exhibition areas, including artificial intelligence, robotics, semiconductors, consumer electronics, and commercial aerospace.

It aimed to drive China's technological innovation and accelerate the adoption of global advancements, according to the fair's organizing committee.

27th China Hi-Tech Fair concludes with signing of trade deals worth 170 bln yuan

27th China Hi-Tech Fair concludes with signing of trade deals worth 170 bln yuan

China's coal production of enterprises above the designated size reached 4.83 billion tonnes in 2025, up 1.2 percent year on year and marking a new historical high, according to the China National Coal Association.

As the cornerstone of the country's energy security, coal output maintained steady growth throughout the year in 2025, providing strong support for stable energy supply.

Four major coal-producing regions -- Shanxi, Shaanxi, Inner Mongolia, and Xinjiang -- accounted for about 82 percent of national output in the past year, with their outbound shipments made up more than 95 percent of China's inter-provincial coal transfers, playing a critical role in ensuring reliable and stable coal supply nationwide.

Since the onset of winter, the demand for coal has climbed up as energy consumption for heating continues to increase. To cope with the seasonal surge, railway authorities across the country have optimized transport planning and dispatching to ensure smooth coal deliveries during the peak consumption period.

"China's national coal output has continued to show stable growth since winter began. In December alone, raw coal production of enterprises above the designated size reached 440 million tonnes, with average daily output of 14.1 million tonnes, remaining at a historical high. Coal production has increased steadily, while inventory levels have also stayed at a high level," said Zhang Hong, vice president of the China National Coal Association.

Industrial enterprises above designated size refer to those with an annual main business revenue of 20 million yuan (about 2.87 million U.S. dollars) or more.

China's 2025 coal production reaches 4.83 bln tonnes, up 1.2 pct

China's 2025 coal production reaches 4.83 bln tonnes, up 1.2 pct

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