ACWA Power, a Riyadh, Saudi Arabia-based energy and water desalination giant, is set to expand its presence in China’s burgeoning renewable energy market by securing investment agreements for over 1 gigawatt of renewable energy projects across multiple provinces. As a formal entry into China’s renewable energy market, the company has partnered with two of China’s…
Employees check an oil transmission facility at Daqing Oilfield, Heilongjiang province. MA KE/XINHUA China’s total oil and gas production surpassed 400 million metric tons of oil equivalent for the first time in 2024, as the nation vows to meet growing domestic demand for energy even as it reduces reliance on fuel imports, the National Energy…
Employees check an oil transmission facility at Daqing Oilfield, Heilongjiang province. MA KE/XINHUA China’s total oil and gas production surpassed 400 million metric tons of oil equivalent for the first time in 2024, as the nation vows to meet growing domestic demand for energy even as it reduces reliance on fuel imports, the National Energy…
The SE01, a humanoid robot developed by EngineAI Robotics, a Chinese artificial intelligence technology company, undergoes a long-distance walking test in Shenzhen, Guangdong province, on Jan 8. [Photo provided to China Daily] If you thought humanoid robots all have stiff, unnatural movements, it’s time to take another look. A company in Shenzhen has taken a…
[Photo/VCG] China has launched a multiyear plan to ensure a continuous inflow of additional long-term funds into the A-share market, with the aim of providing direct support for the steady performance of the world’s second-largest stock market, officials said on Thursday. Analysts said the measures, potentially pumping in around 1 trillion yuan ($137.2 billion) of…
Norwegian snow crabs’ slow growth in icy waters contributes to its distinctive texture and flavor. [Photo provided to chinadaily.com.cn] The first batch of Norwegian live snow crabs arrived in China on Thursday, marking a milestone for Norway’s seafood exports into the Chinese market. “We are thrilled to see the successful landing of Norwegian live snow crabs…
File photo shows the Lujiazui area in East China’s Shanghai. [Photo/Xinhua] Pudong New Area, in the eastern part of Shanghai, launched its Spring Festival Carnival on Thursday, issuing an additional 20 million yuan ($2.7 million) of catering consumption coupons and announcing 160 activities in the area’s major venues to celebrate the holiday. The release of…
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South Korean technology company Samsung Electronics unveiled on Thursday its latest flagship smartphones, the Galaxy S25 series. [Photo provided to chinadaily.com.cn] The shipments of artificial intelligence-powered smartphones across the globe are expected to rise by 73.1 percent year-on-year in 2025, according to a report from global market consultancy IDC. The triple-digit growth in 2024 will be…
[Photo/VCG] BEIJING — China is willing to work with the United States to promote stable, healthy and sustainable economic and trade relations, based on the principles of mutual respect, peaceful coexistence, and win-win cooperation, the Ministry of Commerce said on Thursday. “Tariff measures are not conducive to the interests of either China or the United…