[Photo/VCG] In 2024, beverage producer Wahaha Group paid 2.4 billion yuan in salaries to its frontline workers, a 20 percent year-on-year increase, according to a report by The Paper on Thursday. This represents an additional 400 million yuan compared to the previous year. The average salary for production workers rose by 23 percent, while frontline…
People attend the World Economic Forum (WEF) annual meeting in Davos, Switzerland, on Jan 23, 2025. [Photo/Xinhua] Scientific and technological innovation and artificial intelligence have become new growth points in the world economy. To that effect, promoting intelligence-related industries is one of the focal points of discussions at the 2025 World Economic Forum Annual Meeting.…
The booth of AITO, which is owned by Seres, attracts visitors at the Beijing auto show in April 2024. [Photo by Li Fusheng/chinadaily.com.cn] Collaboration is essential for innovation in fast-moving tech sectors like electric vehicles, as boundaries between sectors are becoming more fluid, said Kang Bo, vice-president of Chinese NEV maker Seres. “By sharing resources…
The world’s first unmanned transportation system in an open-pit mine with an altitude above 5,000 meters. [Photo/CCTV] XINING — At the Yulong Copper Mine in Qamdo, Southwest China’s Xizang autonomous region, perched 5,000 meters above sea level on the rugged Qinghai-Xizang Plateau, ore transport trucks glide over gravel roads, winding through snow-dusted mountains and the…
The booth of Standard Chartered during an expo in Shanghai. [HU XUEBAI/FOR CHINA DAILY] Positioning itself as a super connector between China and the world’s most dynamic markets, UK-based banking group Standard Chartered is committed to supporting China’s high-quality development by introducing multinational corporations to the country and assisting Chinese enterprises in exploring overseas business…
A visitor checks out Siemens Healthineers medical equipment during the seventh China International Import Expo in Shanghai in November. [Photo/China Daily] Siemens Healthineers broke ground on a new research, development and manufacturing base in Shenzhen, Guangdong province, on Thursday, with an investment exceeding 1 billion yuan ($136.66 million). Operations at the site, which cover a…
China’s latest move to improve security governance for data circulation is expected to better fully unleash the value of data elements, boost the high-quality development of the data industry and bring about more business opportunities for data security enterprises, experts said. Highlighting the fact that data has become a new type of production factor, the…
Heavy-haul trains for coal transportation are seen parked at Hudong station along the Datong-Qinhuangdao Railway on Jan 15. ZHU XINGXIN/CHINA DAILY Jing Shengqi, a heavy-haul train driver on the Datong-Qinhuangdao Railway, the world’s largest railway in terms of annual freight volume, sees his job as challenging but meaningful. This winter, the railway has been carrying…
A view of the Huangpu River in Shanghai. [Photo/VCG] BEIJING – China’s Ministry of Commerce will boost opening-up and ease market access in 2025, it said on Thursday. After all foreign investment restrictions in the manufacturing sector have been lifted, the opening-up of the services industry will be advanced steadily, promoting pilot programs in fields…
A consumer checks out Lenovo laptops in Shanghai in May. CHINA DAILY Younger Chinese consumers are reshaping Spring Festival shopping trends with a strong focus on personalization, wellness and smart products. Traditional staples like peanut milk, walnut drinks and mixed porridge — once considered essential for the season — have now landed on the “least…