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State Grid deepens talent pool to boost development in Xizang

As Xizang autonomous region is celebrating the 60th anniversary of its establishment as an autonomous region in Southwest China, Palden Tsering in Lhokha is eager to learn more as a Tibetan power worker. As a newcomer to State Grid Lhokha, he knows all too well that to help accelerate the progress of Lhokha — which…

Jin Jiang Hotels expanding presence in SEA markets

A view of the Metropolo Jinjiang Hotel in Luang Prabang, Laos. CHINA DAILY Riding the wave of travel to and within Southeast Asia, Shanghai Jin Jiang International Hotels Co Ltd is extending its footprint around the world. Currently, the scale of Jin Jiang’s hotel portfolio tops Asia and ranks second in the world. By the end…

Still bullish: Shenzhen SEZ at 45

This year marks the 45th anniversary of the founding of the Shenzhen Special Economic Zone. The pioneering and vibrant city embodies the “bull-like” grit of its builders. Over the years, it has become fertile ground for tech firms to sprout and thrive. With its ever-lasting trailblazing spirit, Shenzhen is now charging towards an even more…

China seen as key source mkt for VFS Global

People walk past tourist information in various languages including Chinese near the Colosseum in Rome, Italy, on March 26, 2023. [Photo/Xinhua] Chinese tourists have exhibited growing preference for personalized and high-quality travel experiences fueled by the rapid growth of the country’s middle-income group and robust demand for international travel, said VFS Global, the world’s leading…

36,133 foreign-invested enterprises established in China in January-July

BEIJING — A total of 36,133 foreign-invested enterprises were newly established on the Chinese mainland from January to July, up 14.1 percent year-on-year, the Ministry of Commerce said on Friday. During the period, foreign direct investment in actual use totaled 467.34 billion yuan (about $65.8 billion), down 13.4 percent year-on-year. By sector, FDI in actual…

Chinese battery maker CATL bets on innovation, global leadership

CATL’s sodium-ion battery provides stable power at extreme temperatures as low as -40 degrees Celsius. [Photo by Xu Jiayi/chinadaily.com.cn] With extensive research and development efforts and intelligent manufacturing processes, Contemporary Amperex Technology Co Ltd is dedicated to delivering high-quality batteries and gaining global competitiveness. Based in Ningde, Fujian province, the company is a global battery…

CNOOC completes largest petrochemical base in China

China National Offshore Oil Corp (CNOOC) announced on Friday the full completion of the Daxie Petrochemical refining and chemical integration project in Ningbo, Zhejiang province, marking the completion of country’s largest world-class petrochemical industrial base in the region. The 21 billion yuan ($3.2 billion) project is the largest of its kind in China and utilizes…

Foreign brands turning back to China for edge in manufacturing

Consumers try out shoes at a Steve Madden store in Shanghai on July 23. CHINADAILY Global brands that once shifted part of their production out of the country are now turning back as they rediscover China’s enduring manufacturing edge. Steve Madden, the US-based footwear and accessories brand, began diversifying production last November, announcing in the…

‘Eco stars’ exemplify industry, nature can coexist in harmony

A view of the BMW Brilliance plant in Shenyang, Liaoning province, in June 2022. XINHUA SHENYANG — A flock of sheep graze lazily on green grass as geese waddle by in a scene that could easily be mistaken for a meadow in the Chinese countryside. But the setting is far from rural. The animals live…

Youdao expands beyond education with AI-powered products

Youdao CEO Zhou Feng delivers a keynote speech at the company’s product launch ceremony. [Photo provided to chinadaily.com.cn] Youdao, the online education arm of Chinese tech firm NetEase, is widening its business horizons with artificial intelligence, rolling out new products that go beyond its core education segment as demand surges in cross-border e-commerce and short…