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Mainland stock exchanges issue new sustainability disclosure guidelines

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A bronze bull stands outside the Shanghai Stock Exchange building in Shanghai. [Photo/VCG] China’s stock exchanges have released draft guidelines for corporate sustainability disclosures, marking the latest move toward raising the quality of environmental information disclosures and enhancing the investment appeal of high-quality Chinese listed companies. The Shanghai, Shenzhen and Beijing bourses, under the guidance…

UBTech secures large humanoid robots order

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In the world of work, diligence never goes out of style — whether you are a hardworking human or a robot with a robust work ethic. UBTech Robotics Corp, a Shenzhen-based global leader in the production of humanoid robots, has secured the largest single order for humanoid robots to date, thanks to its newly launched…

Baotou turns into wind power equipment hub

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Once a heavy industrial base built on steel and rare earths, Baotou in the Inner Mongolia autonomous region is reinventing itself as a key player in China’s green energy transition, with onshore wind power equipment becoming its latest industrial cluster. At the Ming Yang New Energy Equipment Manufacturing Industrial Park, the shift is visible. Assembly…

Agri tech park attracts more visitors

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Taking advantage of the ecological wetland of the Jialing River, the Fengyi Bay China-France agricultural technology park in Nanchong, Southwest China’s Sichuan province, is transforming natural endowments into consumption momentum, and attracting a greater number of visitors. The park, which held thematic activities throughout last year, saw 1.2 million visits, generating 800 million yuan ($112…

Long-term vision key to China’s scientific success, says industry expert

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Matteo Cavalleri With its expanding research output and active participation in international collaboration, China’s scientific community is expected to play an increasingly vital role in shaping global innovation, said a renowned industry expert. “China’s progress across science as a whole, particularly in the physical sciences, has been truly impressive. It has grown into one of…

Huawei launches new tri-fold smartphone

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Huawei’s latest tri-fold smartphone attracts buyers at one of its stores in Shanghai. WANG GANG/FOR CHINA DAILY Huawei Technologies Co launched its latest tri-fold smartphone, Mate XTs, on Thursday, marking the first time in four years that the Chinese company has publicly disclosed the model of its in-house Kirin processor. At the launch event, Richard…

China cuts mutual fund sales fees to lower investor costs, boost long-term investment

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China has proposed the first overhaul in 12 years of rules on mutual fund sales commissions, aiming to sharply reduce investor costs and encourage long-term holdings — part of a broader push to strengthen its capital markets. The China Securities Regulatory Commission said on Friday it had updated and renamed the administrative measures governing sales…

China cuts mutual fund sales fees to lower investor costs, boost long-term investment

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China has proposed the first overhaul in 12 years of rules on mutual fund sales commissions, aiming to sharply reduce investor costs and encourage long-term holdings — part of a broader push to strengthen its capital markets. The China Securities Regulatory Commission said on Friday it had updated and renamed the administrative measures governing sales…

BMW unveils first Neue Klasse model developed with Chinese tech partners

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MUNICH – German automaker BMW unveiled the iX3, the first model of its Neue Klasse line-up, in Munich on Thursday. The company said the vehicle was developed with Chinese technology partners in areas including batteries, artificial intelligence and autonomous driving. The iX3, scheduled for production in 2026, marks the start of BMW’s plan to launch…

First RMB bond from Central Asia listed in Hong Kong

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The Development Bank of Kazakhstan JSC has issued a three-year offshore renminbi bond worth 2 billion yuan ($280 million) in Hong Kong this week, marking the first renminbi bond globally issued by a Kazakhstan-based entity and the first from Central Asia to list on the Hong Kong exchange. The deal, facilitated by China International Capital…