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Smart tech underlined for stronger e-commerce

Exhibitors promote products through livestreaming during the China Cross-Border E-Commerce Fair (Autumn) in Guangzhou, Guangdong province, on Aug 15. CHEN CHUHONG/CHINA NEWS SERVICE The cross-border e-commerce sector, which increasingly relies on artificial intelligence, must address critical challenges in the areas of governance, standards and compliance to support its robust global growth, leading experts said in Shenzhen,…

China seen as hub for drug innovation

AstraZeneca’s booth is seen during an expo in Beijing in September. [Photo/VCG] China is rapidly emerging as a powerhouse for innovative drug development, a significant shift in the global pharmaceutical landscape from once primarily being seen as a demand market and a site for clinical trials to now a source of groundbreaking scientific research and…

HP eyes reshaping print future in China

HP Inc is stepping up efforts to tap into China’s printing market, while positioning the country as an indispensable hub for its manufacturing and innovation, a senior executive said. In an exclusive interview with China Daily, Anneliese Olson, president of imaging, printing, and solutions at HP, delivered a strong reaffirmation of the company’s long-term commitment…

Landlocked city now export powerhouse

A view of China (Ezhou) Cross-border E-commerce Industrial Park. CHINA DAILY Ezhou is not a coastal trading port. It has no bustling harbor or long tradition of container terminals being sent around the world. Yet in the middle of Central China’s Hubei province, a different kind of gateway is rising. At its heart is the…

German heating firm opens R&D site in Wuxi

By launching a brand new Asia-Pacific research and development and manufacturing site in Wuxi, East China’s Jiangsu province, German heating unit manufacturer Vaillant is demonstrating its commitment of “in China, for the world”. The newly launched base is the only R&D and manufacturing site of Vaillant outside Europe, mainly producing core categories such as wall-hung…

Exports get boost from EVs, robots

Emerging industries will continue to fuel momentum for China’s exports this year, as shipments of high-tech products such as electric vehicles and industrial robots are expected to gain greater traction overseas, said market watchers and exporters on Monday. They said Chinese companies are tailoring their products to meet the diverse needs of overseas markets, from…

China urges US to cease its unreasonable suppression of Chinese firms

BEIJING — China urges the United States to immediately rectify its wrongdoing and cease its unreasonable suppression of Chinese companies, a Ministry of Commerce spokesperson said on Monday. The spokesperson made the remarks in response to a media inquiry on the US Department of Commerce’s announcement of a new rule that expands its “entity-list” export…

Huawei unveils new car co-developed with SAIC

Yu Chengdong, Huawei’s executive director and chairman of its terminal business group. [Photo provided to chinadaily.com.cn] Huawei Technologies Co has unveiled SAIC H5, the first vehicle under its newly established smart car brand co-developed with SAIC Motor. As the most budget-friendly model within Huawei’s Harmony Intelligent Driving Alliance, the H5 expands the alliance’s coverage across…

China to launch 500b-yuan new policy-based financial instrument

BEIJING — China will introduce a new policy-based financial instrument worth 500 billion yuan (about $70.3 billion), as part of the country’s efforts to improve financial services for the real economy and boost effective investment, a spokesperson for the National Development and Reform Commission (NDRC) said on Monday. The funds will be used to replenish…