Employees install photovoltaic panels at a power plant in Yinchuan, Ningxia Hui autonomous region, in October. YUAN HONGYAN/FOR CHINA DAILY China’s energy storage industry has experienced explosive growth in recent years, driven by rapid advancements in technology and increased demand, solidifying its position as a leader in terms of both capacity and innovation, said industry…
Employees check operations of power storage units at a photovoltaic project in Kashgar, Xinjiang Uygur autonomous region, in August. TIAN YUHAO/CHINA NEWS SERVICE Northwest China’s Xinjiang Uygur autonomous region’s energy storage capacity is accelerating at an unprecedented pace, fueled by a boom in renewable energy projects that position the region as a pivotal player in…
Beijing’s economic and technological development area welcomed another joint venture focused on new energy vehicles this week. Beijing IAT Yazaki New Energy Technology Co Ltd, a joint venture between IAT Automobile Technology Co Ltd and Yazaki (China) Investment Corp, was officially established on Monday in Beijing E-Town — an economic and technological development area in…
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Jinbao, mascot of the China International Import Expo. [Photo/Xinhua] As the 7th China International Import Expo caught the spotlight in Shanghai, the city hosted the Shanghai City Investment Promotion Conference on Wednesday, showcasing its open policies and development opportunities to attract more businesses and talent. “The 7th CIIE has made a call for upholding an…
China’s foreign trade in goods 2024. CHINA DAILY China’s foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. These steps will help address possible obstacles posed…
Visitors engage in discussions at a red wine exhibitor’s booth at the 7th China International Import Expo in Shanghai, on Nov 7, 2024. [Photo by Zhang Wei/chinadaily.com.cn] The 7th China International Import Expo (CIIE) has attracted numerous visitors to explore various exhibition areas, including the food and agricultural products area and the automobile area. The…
An employee shows gold ornaments at a jewelry firm’s display hall in Hangzhou, Zhejiang province. NI LIFANG/FOR CHINA DAILY Gold prices may rise to $2,800 per ounce by year-end and could even reach $3,000 next year, according to recent estimates by financial services provider UBS. Factors driving gold price hikes include the rate-cutting cycle started…
[Photo/VCG] The Shanghai municipal government has approved the merger and restructuring of Guotai Junan Securities and Haitong Securities, according to a document released on the government’s official website late Tuesday. Furthermore, the municipal State-owned assets supervision and administration commission will guide the two firms to conduct equity transactions according to related laws, help them to…
As the fall harvest season has brought an abundance of hawthorn fruits to Niuquan township in Jinan, Shandong province, local hawthorn processing enterprises are now experiencing a peak in production. As a key provincial-level agricultural enterprise, Laiwu-based Wanbang Food Co Ltd offers more than 50 hawthorn-based products, including freeze-dried hawthorn, candied hawthorn, and hawthorn wine.…