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Power capacity hits 4b kW on green push

Workers conduct an inspection of a wind and solar power plant in Ulaanqab, Inner Mongolia autonomous region, on May 8. WANG ZHENG/FOR CHINA DAILY China’s total installed power generation capacity recently reached a historic milestone of 4.01 billion kilowatts, exceeding the combined total capacity of the United States, the European Union, India, Japan and Russia,…

APCO President: China moves towards an innovation economy

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Deeper Sino-Eurasia market integration eyed

Strengthening policy coordination and expanding industrial cooperation between China and Eurasian countries will generate new growth momentum, deepen regional economic integration and enhance regional connectivity, senior government officials from both sides said on Thursday. While delivering a speech at the opening ceremony of the 9th China-Eurasia Expo in Urumqi, the capital of Xinjiang Uygur autonomous…

Chinese automakers gain ground in S. Korea

Chinese automotive brands are making fresh inroads into South Korea’s highly competitive auto market, as their advances in intelligent technologies and improving brand perception are increasingly acknowledged by local consumers. According to data released this month by the Korea Automobile Importers and Distributors Association, or KAIDA, China ranked among the top three countries by imported…

5G tech transforms factory in Zhejiang province

Robotic arms perform material-handling operations on a smart production line at China Jushi’s smart manufacturing base in Tongxiang, Zhejiang province, on April 14. SUN YANGYANG/CHINA NEWS SERVICE The first commercial 5G local area network in Zhejiang province has successfully transformed the China Jushi fiberglass factory into a highly efficient, unmanned smart manufacturing hub. On the…

Growth seen in nutrition, health food, supplements market

China’s healthcare supplement market is in a stage of rapid transformation and development, with demand shifting from basic healthcare to quality upgrades and precise maintenance, industry experts said. Their comments coincided with Healthplex Expo 2026 and Natural and Nutraceutical Products China 2026, which were recently held in Shanghai by the China Chamber of Commerce for…

Pakistan, China strengthen capital ties

A Sino-Pakistani joint venture tire manufacturer debuted on the Pakistan Stock Exchange (PSX) on Monday, in a move market participants described as the first listing by a Chinese-invested company on the country’s bourse. [Photo provided to chinadaily.com.cn] The successful listing of a Sino-Pakistani tire manufacturer on Pakistan’s stock market may have paved the way for…

Further talks on reciprocal tariff cuts

China and the United States will hold further consultations on reciprocal tariff reductions under the mechanism of the trade council, the Ministry of Commerce said on Thursday. He Yadong, a spokesman for the ministry, said at a news conference that the two sides agreed to set up the council and to discuss tariff cooperation, including…

Automated driving global code greenlit

An automated driving car seen in Wuhan, Hubei province. LI CHANGLIN/FOR CHINA DAILY The world’s first global technical regulation on automated driving systems has been formally approved, marking a major step toward a unified framework for the safe deployment of autonomous vehicle technologies across the globe. The regulation, known as ADS GTR, was jointly led…

Innovent-Pfizer deal makes joint development, commercialization pillar in biotech global push

A researcher seen at an Innovent Biologics lab in Suzhou, Jiangsu province. YANG HAISHI/FOR CHINA DAILY The $10.5 billion partnership announced by Chinese innovative biotech Innovent Biologics and US pharmaceutical giant Pfizer in late May highlights an emerging shift in cross-border biotech dealmaking, with some Chinese drug developers moving beyond traditional out-licensing arrangements toward partnerships…