From left to right: Winnie Ma, president for APAC Region at VF Corporation; Willie Tan, CEO of Skechers China, South Korea and Southeast Asia; Grace Dong, president of Avnet China; Benjamin Ling, regional president Asia at Roehm. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in…
The United States’ plan to impose substantial port docking fees on Chinese ships is likely to be passed on to the consumers in the US, according to Zhou Dequan, chief economist of the Shanghai International Shipping Institute. The US Trade Representative (USTR) on February 21 proposed hefty fees on Chinese-built vessels entering US ports to…
Leapmotor starts presales of the B10 SUV in Hangzhou, Zhejiang province, on March 10. CHINA DAILY New energy vehicle startup Leapmotor started presales of its B10 last week, aiming to seize the mass market with low-cost intelligent driving features in the competitive Chinese auto market. The electric SUV has five variants with presale prices from…
An aerial view of the construction site of the Wuxi-Yixing Expressway expansion project, undertaken by State builder China Railway Construction Corp’s 24th bureau. CHINA DAILY The decision to maintain the 2025 GDP growth target at “around 5 percent”, as revealed in the Government Work Report released during the recently concluded two sessions, alongside an enlarged deficit-to-GDP…
Pedestrians walk past an Urban Revivo store in Jing’an district, Shanghai, on Sept 4, 2024. [Photo/VCG] Chinese retailer Fashion Momentum Group’s Urban Revivo brand officially made its debut in the United States last month by opening its first flagship store in New York’s SoHo district, marking the continuation of its global expansion. The 2,855-square-meter store…
A “Tiangong” humanoid robot displays running at the Beijing World of Robots in Beijing, capital of China, Feb 24, 2025. [Photo/Xinhua] As China accelerates its artificial intelligence push amid the rise of homegrown large language models, cybersecurity risks tied to AI adoption are escalating, underscoring the need for enhanced safeguards to mitigate emerging threats, said…
A salesman shows how to use a car’s central control system to a potential buyer at a 4S store in Hohhot, Inner Mongolia autonomous region, on March 5. DING GENHOU/FOR CHINA DAILY BEIJING — Vowing to make domestic demand “the main engine and anchor of economic growth”, China’s policymakers have sent fresh and firm signals…
Ineos Grenadier vehicles in the Helan Mountains of Ningxia Hui autonomous region on March 12. CHINA DAILY The Ineos Grenadier is not a vehicle that many expect: it does not have fancy features like the large screens commonly found in cars nowadays. Instead, it boasts so many buttons, reminiscing people about the age when cars…
Employees work on a drilling platform in Tarim oilfield, Xinjiang Uygur autonomous region, in February. HU HUHU/XINHUA China’s largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted 150 million metric tons of oil and gas equivalent from formations deeper than 6,000 meters so far, as China’s oil giants accelerate ultra-deep exploration and technological…
A booth of China International Marine Containers Group (CIMC) at Intermodal Asia 2024 held in Shanghai, on May 21, 2024. [Photo/VCG] Chinese logistics and energy equipment maker China International Marine Containers Group (CIMC) said it has made significant strides in overseas markets this year, as it capitalized on growing demand for its products to secure…