China Industries
Taking advantage of Guangdong’s natural geographical benefits, underwater robots have been widely deployed in the province’s marine economy. Technologies such as underwater scene reconstruction and automatic tracking are at a world-class level, said Hu Gangyi, general managing director of Guangdong Bluediver Technology Co Ltd, during the Vibrant China research and visit tour. Tanks to chinadaily.com.cn…
The benchmark Shanghai Composite Index rose 0.32 percent on Friday to close at 3,472.32 points, marking its highest level so far this year. This may suggest that a bull market driven by China’s economic restructuring is gradually emerging, supported by a package of financial stimulus measures rolled out since September, said Dong Zhongyun, chief economist…
China’s electricity demand is projected to maintain steady growth in 2025, with total consumption expected to increase within a range of 4 percent to 6.5 percent, according to a report by the State Grid Energy Research Institute. The report, titled “China Power Supply and Demand Analysis Report 2025,” forecasts total nationwide electricity consumption to reach…
Visitors check out Lyric Robot’s battery manufacturing equipment at a battery expo in Detroit, the United States, in October. CHINA DAILY Huizhou, Guangdong province, a vital hub in China’s lithium battery industry, is taking big strides in the solid-state battery sector with cutting-edge energy storage technology. “On the equipment front, we have achieved full-process coverage for…
China’s tax authorities delivered 636.1 billion yuan ($88 billion) in tax and fee cuts or rebates in the first five months to spur technology innovation and high‑end manufacturing, the State Taxation Administration said on Friday. The bulk of the relief – 415.8 billion yuan – went to advanced manufacturing, including extra VAT deductions for producers of equipment, digital…
Chinese mainland brokerages with international operations are ramping up efforts to secure virtual asset trading licenses from Hong Kong’s securities regulator, with the aim of capitalizing on the city’s push to become a global innovation hub for digital assets and serving more international investors. Industry insiders told China Daily that this trend would enhance liquidity…
Legoland Shanghai Resort, China’s first Legoland resort and the world’s largest at opening, officially opened to public on July 5 in Shanghai, featuring eight immersive themed areas with over 75 interactive rides, shows, and attractions. Get ready to step into this brick-filled wonderland! Tanks to chinadaily.com.cn Please visit: Our Sponsor
China enacted new measures, effective immediately, targeting the procurement of certain medical devices imported from the European Union in government purchasing programs, according to a notice issued by the Ministry of Finance on Sunday. This move follows the European Commission, the EU’s executive body, introducing steps to restrict Chinese companies and products from taking part…
The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, jumped 1.9 percent on Thursday to close at 2,164.09 points, the highest level in more than three months, driven by sectors including consumer electronics, innovative drugs and solid-state batteries. The broader A-share market also ended higher on Thursday, with the benchmark Shanghai Composite Index up…
Industrial upgrade is key for China to sharpen its edge amid global competition and more efforts are needed to support the growth of small and medium-sized enterprises, which have shown remarkable resilience through the China-US trade frictions, said a renowned expert. “The competition between China and the US ultimately boils down to competition within the…