After the dispatch order was issued, the fourth main transformer of the 500 kilovolt Jiangbin Substation in Shaoxing, Zhejiang province, was energized and entered the trial operation at 22:24 on May 27. This power substation standing on the bank of the Cao’e River completed its capacity expansion and upgrade, marking a new guarantee for Shaoxing’s…
The United States has seriously undermined the consensus reached during the China-US economic and trade talks in Geneva by repeatedly imposing various discriminatory and restrictive measures against China, said the Ministry of Commerce on Monday. In response to the US claims that China has “recently violated the consensus” reached during the China-US economic and trade…
The United States’ repeated and unpredictable policy shifts have not only enhanced the risk of deepening its economic and trade frictions with China, but have also weakened its credibility in the international market, analysts and exporters said on Monday. These policy shifts are undermining the confidence of global businesses and investors in US policies, market…
Night view of Lujiazui Financial and Trade Zone of Pudong in Shanghai, July 8, 2017. [Photo/VCG] Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday. Zheng Yang,…
Global gold mine production reached a total of 3,247 tons in 2017, five tons below the previous year, according to the GFMS Gold Survey 2018. It is also the first annual drop since 2008, and the report attributed it to environmental concerns, and crackdowns on illegal mining operations. China, the world’s number one gold producer,…
Guangzhou in South China’s Guangdong province provides the most job opportunities in enterprises in the first quarter of this year, a report said. With development of the Guangdong-Hong Kong-Macao Greater Bay Area set to begin, Guangzhou witnessed 24.95 percent year-on-year growth in recruitment demand in Q1, according to the report by 58 Tongcheng Recruitment Research Institute.…
To ensure worry-free trips for new energy vehicle owners during the recent Dragon Boat Festival holiday, staff members from State Grid Shaoxing Power Supply Company conducted inspections on charging piles at the Jingling Service Area of the S9 Sutai Expressway in Xinchang, Shaoxing, Zhejiang province, on May 31. Last year, Zhejiang province ranked second nationwide…
Michael Arndt, president of FAW-Audi Sales Co (left), and Helmut Stettner, CEO of Audi FAW NEV Co, give an interview in Shenzhen, Guangdong province, on May 31, 2025. [Photo provided to chinadaily.com.cn] FAW-Audi started pre-sales of the Q6L e-tron family at the Guangdong- Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen, Guangdong province,…
The TMT, or technology, media and telecom sector has created the most billionaires in China, with 80 from the sector according to business magazine New Fortune’s 500 rich list in 2019. China’s richest man — Tencent’s Pony Ma — is from that sector, with a personal wealth of 226.04 billion yuan. Supported by technology, online…
In a bid to foster a healthier competitive landscape, Chinese regulators have called for intensified efforts from players in the automotive sector to combat destructive pricing practices and aim for long-term value. To address the challenges posed by rampant “cutthroat competition” in the automotive industry, the Ministry of Industry and Information Technology pledged on Saturday…