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Yantai yields green battery hub as Wanhua powers up

The Wanhua Haiyang Green Power Industrial Park in Yantai holds a ceremony on March 28 for the start of operations of its Phase I project and the groundbreaking of Phase II. [Photo provided to chinadaily.com.cn] The Wanhua Haiyang Green Power Industrial Park in Yantai, East China’s Shandong province, held a ceremony on March 28 marking…

VW’s Skoda to exit China by mid-2026 after sales slump

Skoda, the Czech carmaker owned by Volkswagen Group, will stop sales in China by mid-2026 as it shifts focus to markets including India and Southeast Asia, confirmed Volkswagen Group China on Thursday. The withdrawal follows a prolonged decline in sales. Skoda’s annual deliveries in China exceeded 300,000 units between 2016 and 2018, but have since…

BASF opens sustainable Zhanjiang site

Chemical giant BASF on Thursday celebrated the official inauguration of its newly built, world-scale Verbund site in Zhanjiang of Guangdong province. [Photo/VCG] Chemical giant BASF on Thursday celebrated the official inauguration of its newly built, world-scale Verbund site in Zhanjiang, a coastal city in Guangdong province, demonstrating its confidence in China’s economic prospects. The development…

ICRC: China’s tech advances critical to greater humanitarian impact

Gilles Carbonnier, vice-president of the International Committee of the Red Cross (ICRC), speaks at a panel discussion themed on “Advancing the SDGs: Actions beyond Commitments” during the Boao Forum for Asia (BFA) Annual Conference 2026 in Boao, South China’s Hainan province, March 25, 2026. [Photo/Xinhua] BOAO — China’s leadership role in technological innovation, especially in…

Chengdu high-tech zone emerges as western China’s innovation hub

A smart robot is displayed at a robot training facility in the Chengdu Hi-Tech Industrial Development Zone in Sichuan province. CHINA DAILY Once a 2.5-square-kilometer stretch of farmland on the city’s southern outskirts, the Chengdu Hi-Tech Industrial Development Zone in Sichuan province has, over nearly four decades, transformed itself into a hub for emerging and…

China records historic green power shift

Wind turbines tower above the grasslands of Zhangjiakou, Hebei province. [Photo/VCG] China’s total electricity consumption more than doubled that of the United States in 2025, surging to a record 10.4 trillion kilowatt-hours, underscoring China’s role as the engine of global industrial output and the primary driver of the world’s energy transition. The world’s second-largest economy…

UBR offers a sip of Tang Dynasty’s poetic culture

Imagine sitting down for lunch when a boisterous figure in flowing robes raises a cup to toast you. It is Li Bai, China’s “rock-star” poet from the Tang Dynasty (618-907), but he isn’t on a movie screen or in a textbook — he is standing right next to your table, reciting verses with the fervor…

MNCs bullish on China’s consumption drive

From left to right: Michael Jiang, President of Zespri Greater China and APAC South; Denis Depoux, Global managing director of Roland Berger; Kelly Zhang, General manager of Bimbo China; Ginger Cheng, CEO of DBS China Editor’s Note: As China launches its 15th Five-Year Plan (2026-30), policymakers are strengthening coordination between the “Export to China” and “Shopping in China” campaigns.…

AI music monetization on the rise in digital economy

Earlier this month, Yang Ping, a 28-year-old programmer from Chengdu, Sichuan province, sold the rights to an artificial intelligence-generated song he had created in just about two hours for 50,000 yuan ($7,238) to a company, underscoring the staggering speed at which AI-generated content is produced, commercialized and monetized in China. Yang created the track —…