On Sept 12, staff member of State Grid Jiaxing Power Supply Company Hu Sheng carried out a new round of rolling revisions for the planning of Jiashan county’s distribution network through the automatic planning system of the distribution network’s digital twin. “With the system doing it all automatically, planning only takes two weeks. It’s not…
The New York offices of PricewaterhouseCoopers. [Photo/Sipa] Chinese authorities have slapped 441 million yuan ($62.1 million) in penalties and imposed a six-month business suspension on PwC’s auditing unit in the country, after the entity was found to have “covered up and even condoned” fraud at Evergrande Real Estate Group. The China Securities Regulatory Commission said…
Xuankong Temple in Hunyuan. It is among Shanxi’s attractions featured in Black Myth: Wukong.[Photo by Li Yao/For China Daily] Based on the buying trends of Chinese travelers who will embrace the three-day Mid-Autumn Festival holiday from Sunday, tourism service providers have found that short-distance tours with loose schedules are gaining in popularity. Dating back thousands…
China expressed its disappointment with the European Commission’s recent decisions regarding the EU’s anti-subsidy investigation into Chinese electric vehicles, stressing it will take all necessary measures to defend the interests of its businesses, as announced by the Ministry of Commerce on Friday. On Sept 12, a spokesperson for the European Commission stated that the price…
China reported key economic figures on Saturday showing slower growth on industrial production, consumer spending, and investments, which called for greater policy support to consolidate the country’s economic recovery. Figures released on Saturday by the National Bureau of Statistics showed China’s value-added industrial output, a gauge of activity in the manufacturing, mining, and utilities sectors,…
Wind turbine blades at a port in Yantai, Shandong province, in August. [Photo/Xinhua] Over the past decade, China has made remarkable contributions to global green transformation, thanks to its continuous technological advancements, complete industrial supply chains and favorable market environment, according to a recently released white paper. China’s green energy development has become a driving…
The skyline of Beijing. [Photo/VCG] Fueled by a galloping services sector, digital technologies and industrial chain advantages, China’s trade in services is set to become a key driver in supporting economic growth in the Asia-Pacific region and attracting foreign investment, said economists and business leaders on Friday. In contrast to goods trade, trade in services…
China’s carbon market is emerging as the world’s largest with a comprehensive regulatory framework in place, said a report by accounting firm Ernst & Young on Friday. It reported that China’s carbon market saw trades of 442 million metric tons of emission quotas as of date, generating a cumulative transaction value of 24.9 billion yuan…
Commission authorises higher advance CAP payments to EU farmers – European Commission Skip to main content The Commission has today authorised EU Member States to… Read More »Commission authorises higher advance CAP payments to EU farmers
Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Right: Jenny Zheng, Senior vice-president and general manager of Illumina Greater China. Editor’s Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of…