Valeo showcases its solutions at the Auto China 2026 held in Beijing from April 24 to May 3. [Photo provided to chinadaily.com.cn] China has become a proving ground where intelligent technologies, speed and competition are reshaping the global car industry, said Francois Marion, chief communications and sustainability officer of French supplier Valeo. “I come back…
A landmark project of cooperation between China and Indonesia under the Belt and Road Initiative framework won four top awards at a global summit in Bangkok, Thailand, showcasing the charm of BRI projects. Indonesia Morowali Industrial Park (IMIP) — a landmark project of cooperation between China and Indonesia under the Belt and Road Initiative —…
Visitors take photos at Casa Ferrari Shanghai, a space for client engagement and personalization, including tailor-made options, in February. CHINA DAILY Ferrari NV is doubling down on China as a long-term growth engine, believing that the world’s second-largest luxury market is not just recovering, but reshaping itself around a more resilient, top-end consumer base. In…
The gelatin products produced by Gelita Liaoyuan Gelatine in Liaoyuan, Jilin province. [Photo provided to chinadaily.com.cn] Since its establishment in 2006, Gelita Liaoyuan Gelatine in Liaoyuan, Jilin province, has grown from a single gelatin production line into the largest gelatin production base globally for the German Gelita AG, one of the leading experts in gelatin…
Models present creations from the ready-to-wear spring/summer 2026 collections by Icicle during Paris Fashion Week on Oct 1. GAO JING/XINHUA French luxury group Kering SA has taken a minority stake in ICCF Group, the parent of Shanghai-based fashion label Icicle, in a move that signals a deeper strategic pivot toward the country’s emerging “mid-luxury” segment…
In the first quarter of 2026, market demand continued to improve, employment remained generally stable, market prices picked up moderately, high-quality development advanced toward new and better directions, the national economy got off to a good start, and the economy’s resilience and vitality were further demonstrated. Tanks to chinadaily.com.cn Please visit: Our Sponsor
Yu Qian, co-founder and CEO of QCraft, introduces the company’s physical AI model at Auto China 2026 in Beijing on April 24, 2026. [Photo by Wang Yuchen/chinadaily.com.cn] Chinese autonomous driving company QCraft unveiled its physical AI model and QPilot MAX assisted-driving solution at Auto China 2026 in Beijing on Friday, as it seeks to apply…
Volkswagen, the world’s No 2 carmaker, holds its media night on April 21, 2026 in Beijing. [Photo by Li Fusheng/chinadaily.com.cn] Volkswagen has spent the past three years rebuilding its position in China. Now, for the first time, its top executives are signaling that the reset phase is largely complete—and that the next stage will be…
Hyundai has unveiled plans to introduce around 20 models into China over four to five years. [Photo by Li Fusheng/chinadaily.com.cn] Hyundai has vowed to stay humble in China after the South Korean carmaker said it has “learned lessons” in the world’s largest market. “We’re confident, but we’re humble,” said President and CEO Jose Munoz on…
Volant Aerotech, a Shanghai-based electric air taxi maker, announced on Monday that it closed a $300 million Series C funding round. [Photo provided to chinadaily.com.cn] Volant Aerotech, a Shanghai-based electric air taxi maker, announced on Monday that it closed a $300 million Series C funding round. This round was led by Stone Venture, headquartered in Dubai,…