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Audi’s lettermark brand put to the test in China

The AUDI E5 Sportback on display at the Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen, Guangdong province, in June. CHINA DAILY Audi AG’s new China-only sub-brand, which drops its famous four rings in favor of a “lettermark” badge, is drawing both praise and skepticism after opening pre-sales of its first model last week.…

UHV project transmitting electricity to Hunan

The Ningxia-Hunan ±800 kilovolt ultra-high voltage direct current transmission project, which brings electricity from Northwest China’s Ningxia Hui autonomous region to Central China’s Hunan province, was put into operation on Wednesday, marking a significant step in the country’s push for renewable energy integration. The UHV transmission line, spanning 1,616 kilometers, is the first in China…

China’s power use hits historic high in July

Staff members from the State Grid Changzhou Power Supply Company check the safety of high-pressure chambers. [Photo provided to chinadaily.com.cn] China’s total power consumption reached a historic high in July, reaching 1.02 trillion kilowatt-hours, a year-on-year increase of 8.6 percent, the National Energy Administration said on Thursday. This marks the first time China’s monthly nationwide…

Youdao expands beyond education with AI-powered products

Youdao CEO Zhou Feng delivers a keynote speech at the company’s product launch ceremony. [Photo provided to chinadaily.com.cn] Youdao, the online education arm of Chinese tech firm NetEase, is widening its business horizons with artificial intelligence, rolling out new products that go beyond its core education segment as demand surges in cross-border e-commerce and short…

China expands overseas financing access to boost green development

China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country’s foreign exchange regulator said on Thursday. The program will encourage domestic non-financial enterprises to channel cross-border funds into projects that meet the green finance or low-carbon transformation standards set…

China’s NetDragon bets on AI to reshape global education with ‘3E’ model

Liu Dejian, chairman of NetDragon, appears as a digital avatar at the 2025 Global Smart Education Conference in Beijing. [Photo provided to chinadaily.com.cn] Chinese gaming and education company NetDragon Websoft is sharpening its bet on artificial intelligence to drive growth in the global education market, unveiling new products and partnerships at the 2025 Global Smart Education…

Chengdu Motor Show to blend cars, culture, consumption

Liu Guoliang, president of Hannover Milano Fairs Shanghai, briefs reporters on the 28th Chengdu Motor Show, which is scheduled to open on Aug 29. [Photo provided to chinadaily.com.cn] Around 120 Chinese and overseas car brands will converge on the southwestern city of Chengdu, capital of Sichuan province, later this month for the Chengdu Motor Show,…