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Chinese EVs under spotlight at Bangkok motor show amid global fuel shock

A visitor checks out an Avatr 11 electric vehicle on display at the 47th Bangkok International Motor Show held in Bangkok, Thailand, on March 26, 2026. [Photo/Xinhua] BANGKOK – Electric vehicles (EVs) have gained unprecedented attention in Thailand, as a sudden surge in global oil prices drives consumers to seek immediate options to reduce their…

Demand for remanufactured vehicles revving up

Nawej Makal Styno (right), an automotive business manager at Celeste Agency, inspects heavy-duty trucks at a used vehicle remanufacturing industry park in Tianjin on March 27. CHINA DAILY Nawej Makal Styno, an automotive business manager at Celeste Agency in the Democratic Republic of the Congo, traveled to a vehicle remanufacturing park in Tianjin’s Binhai New…

DHL boosts logistics network with new Shenzhen hub launch in H2

German logistics services provider DHL will put into operation its super gateway in Shenzhen, Guangdong province during the second half of the year, a senior executive said. This comes amid shifting trade patterns and surging demand for quicker logistics services in the country. John Pearson, CEO of DHL Express The facility will expand capacity for…

Sci-tech spending to rise 10% this year

A technician checks a humanoid robot at a tech company in Ningbo, Zhejiang province. HUANG ZONGZHI/XINHUA China plans to increase fiscal expenditure on science and technology by 10 percent this year to 426.42 billion yuan ($62 billion), the fastest growth among major spending categories, as part of a sustained push to achieve technological self-reliance. The…

Mastercard keen on money movement

Forging closer ties with local partners while fully embracing emerging technologies is key to Mastercard’s evolution from traditional card-centric businesses to a global money movement network, said Pratik Khowala, the company’s executive vice-president and global head of transfer solutions. Khowala made the remarks during an exclusive interview with China Daily in March, when Mastercard announced…

Yuan-priced commodities could be next

Using the renminbi to price major commodities such as oil may be “an indispensable step” in advancing the currency’s global role, and its internationalization could follow a path of expanding influence from the Global South toward developed markets, said a renowned Chinese economist. “Pricing is a crucial component of RMB internationalization,” said Huang Yiping, dean…

Policies boost consumption of services

For the over 230,000 fans who flocked to Shanghai in mid-March for the 2026 Formula One Chinese Grand Prix — 80 percent of whom traveled from other provinces or overseas — their event ticket delivered a double thrill. It was not only a pass to the high-speed spectacle at the Shanghai International Circuit, but also…

China plans to foster AI-driven e-commerce

China has introduced a set of guidelines designed to foster a more thriving e-commerce ecosystem, with a strong emphasis on integrating artificial intelligence into online retail platforms and accelerating institutional opening-up to further facilitate cross-border e-commerce. The shift promises more personalized and efficient online shopping experiences for consumers, while continuing to welcome global businesses to…