Nio’s stand is crowded with visitors at the 2023 Chengdu motor show. [Photo by Li Fusheng/chinadaily.com.cn] Chinese startups, notably Nio, have gained the upper hand in their battle with local and global established carmakers to attract NEV buyers, according to a J.D. Power study released on Thursday. In this year’s China New Energy Vehicle Customer…
China’s total goods imports and exports expanded 6.2 percent year-on-year in the first seven months of this year to 24.83 trillion yuan ($3.46 trillion), data from the General Administration of Customs showed on Wednesday. The country’s exports rose 6.7 percent year-on-year to 14.26 trillion yuan during the period, while imports climbed 5.4 percent to 10.57…
TikTok overtakes Industrial and Commercial Bank of China – now in the second place of the latest China 500 2024 Report – while WeChat emerges as the strongest brand among the Chinese brands ranked in the list, clinching the title of the world’s strongest brand among the most valuable brands in the report. The report…
An aerial view of an intelligent computing center in Gui’an New Area, Guizhou province, in June. [Photo/Xinhua] Southwest China’s Guizhou province is ramping up efforts to accelerate the construction of computing infrastructure, including intelligent computing centers and data centers, as part of its broader drive to improve efficiency in the use of computing resources and…
This photo taken on Aug 28, 2024, in Karamay, Northwest China’s Xinjiang Uygur autonomous region, shows a hydrogen bicycle. It generates electricity through a power-making motor built inside. The motor uses the reaction of hydrogen and oxygen to drive the bicycle, making it ideal for green transportation. [Photo by Yan Xingzhou/chinadaily.com.cn] Karamay in Northwest China’s…
A view of the delivery ceremony for the C919 at the manufacturing center of Commercial Aircraft Corp of China Ltd in Shanghai on Wednesday. TAO RAN/FOR CHINA DAILY China’s first domestically developed single-aisle aircraft, the C919, has achieved a new operating milestone after it was delivered to Air China and China Southern Airlines on Wednesday.…
An investor checks stock prices at a brokerage in Shenyang, capital of Liaoning province. [Photo provided to China Daily] BEIJING – The China Securities Index company on Tuesday said that a new stock index, CSI A500, will be formally released on Sept 23. The index will track 500 securities with large market values and good…
Containerships seen at the port of Haikou, Hainan province. SU BIKUN/FOR CHINA DAILY BEIJING — China will apply tariff rates agreed in an early harvest arrangement for the bilateral free trade agreement signed with Honduras on some imported products from the latter, the Customs Tariff Commission of the State Council announced Friday. The tariff rates…
Scores of people attend the Chengdu Motor Show, which kicked off on Friday and will run through Sept 8 in Chengdu, Sichuan province. [Photo by Cao Yingying/China Daily] Some 130 carmakers from around the globe are showcasing more than 1,600 models at the Chengdu Motor Show, the annual heavyweight gala for car aficionados and buyers…
BEIJING – China’s consumer prices gained mild growth in July as the domestic consumer demand continued to expand, official data showed Friday. The consumer price index (CPI), a main gauge of inflation, was up 0.5 percent year-on-year in July, slightly higher than the 0.2 percent increase in June, according to the National Bureau of Statistics…