XCA4000, the world’s largest wheeled crane by lifting capacity that is manufactured by XCMG. [Photo/Xinhua] When I first met Li Ge, an engineer at Xuzhou Construction Machinery Group, he was deeply engrossed in work. A staff member who brought me in asked if an interview could be arranged, but Li was hesitant at first, citing…
BEIJING – China’s sales of home appliances surged in 2024 under its policy-backed trade-in program, according to the Ministry of Commerce (MOC) on Saturday. Retail sales of home appliances and audio and visual equipment under the scheme reached 1.03 trillion yuan ($143.29 billion) in 2024, according to data from the National Bureau of Statistics. This…
Experts have sharply criticized the latest export controls on artificial intelligence models and chips implemented by outgoing US President Joe Biden’s administration, describing the measures as unworkable and counterproductive to the US’ stated goals of protecting national security and maintaining AI leadership. The administration unveiled its Interim Final Rule for an “Export Control Framework for…
Exhibitors demonstrate a remote control walking robot at the Robotera AI exhibition booth during the 2024 World Artificial Intelligence Conference (WAIC) & High-Level Meeting on Global AI Governance in Shanghai, on July 4, 2024. [Photo/VCG] Shanghai will make continued efforts in 2025 to make itself a highland for industrial innovation in artificial intelligence, Zhang Ying,…
A view of the Shanghai Yangshan deepwater port. JI HAIXIN/FOR CHINA DAILY Shanghai plans to invest about 240 billion yuan ($32.7 billion) in major projects in 2025 as part of the city’s efforts to further boost investment, Gu Jun, director of the Shanghai Municipal Development and Reform Commission, said during a news conference on Thursday.…
Starbucks China has clarified the introduction of new operational guidelines, which require a purchase for its store visits, is specific to the North American market. “In China, we are focused on serving high-quality coffee, and continuously reinvigorating the ‘third-place’, to deliver a unique Starbucks experience to our customers while enhancing human connections,” the company said…
A COMAC C919 performs at an airshow in Singapore, on Feb 20, 2024. [Photo/Xinhua] The Shanghai-based Commercial Aircraft Corporation of China Ltd (COMAC) intends to invest 10 billion yuan ($1.36 billion) annually in research and development in Shanghai in the upcoming three years, along with another 10 billion yuan annually in fixed asset investments in…
The energy industry is experiencing a surge in digital and intelligent transformation driven by technological advancements. CHINT Group, a company based in Zhejiang province, is contributing to this transformation by utilizing its green and low-carbon sector expertise to enhance productivity within the energy industry. According to Nan Cunhui, chairman of CHINT Group, the company’s “methodology”…
Workers at a Volkswagen workshop in Hefei, East China’s Anhui province, Sept 25, 2024. [Photo/VCG] HEFEI — Volkswagen Group delivered over 2.9 million vehicles in the Chinese market in 2024 while its global vehicle deliveries surpassed 9 million last year, according to the German automaker. In the same year, the company sold more than 200,000…
A vehicle supported by Pony.ai self-driving system drives along a street in Guangzhou, Guangdong province, in December. WENG HUAN/FOR CHINA DAILY Chinese self-driving company Pony.ai will expand the number of its robotaxi fleet to about 1,000 this year from more than 200 currently, increase investment in research and development, and boost commercial operations as part…