A photo of the production line in the Luxshare automotive electronics industrial park, Fuyang, Anhui province, Aug 12, 2024. [Photo/VCG] Eyeing the huge market potential brought by the rapid growth of intelligent connected vehicles, a major Chinese electronics manufacturer is accelerating its expansion in the global automotive components sector to get ahead of the curve.…
From left to right: Xu Xin, chairman of GE Energy Investment (China) Co Ltd; Tetsuro Homma, executive vice-president of Panasonic; Malu Nachreiner, head of the Region Asia for the Crop Science Division of Bayer; Zhuang Ye, VP of Baker Hughes North Asia GeoZone. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its…
Employees of Betta Pharmaceuticals work on a drug packaging line in Hangzhou, Zhejiang province. WANG GANG/CHINA NEWS SERVICE Chinese firms can accelerate clinical trials and bring their drugs to market faster with more supportive policies, challenging foreign monopolies and positioning themselves as leaders in global biopharma, said a national political adviser on the sidelines of…
The green power facilities in the Xinjiang Uygur autonomous region. [Photo provided to chinadaily.com.cn] BEIJING – China’s centrally-administered State-owned enterprises (SOEs) have intensified their investment efforts in Northwest China’s Xinjiang Uygur autonomous region to bolster regional development. According to a conference hosted by the Xinjiang regional government on Wednesday in Beijing, more than 40 central…
China’s Ministry of Commerce and other relevant authorities held talks with Walmart Inc on Tuesday to discuss the US retailer’s recent request for price reductions from Chinese suppliers. Walmart has recently asked some Chinese suppliers for price cuts of up to 10 percent per round of additional tariffs the US government imposes on Chinese goods.…
Peru is tapping potential of Chinese companies to continue building out the country’s 5G infrastructure. In the latest move, Peruvian operator Bitel partnered with Chinese tech giant ZTE in a $150 million investment to deploy 1,000 5G antennas across the country. As part of the deal, ZTE — which is headquartered in Shenzhen in the…
The world has been wowed by the meteoric rise of Chinese AI app DeepSeek. Why can China come up with amazing AI innovation? Ma Jun, senior vice-president of Volvo Group and president of Volvo China Investment Co Ltd, said: “With its vast market and diverse application scenarios, China provides a unique space for AI innovation.…
This Chinese New Year, Budweiser’s newly launched limited-edition “Renewal Bottle” did more than just sell beer — it ignited joy, revitalized local economies, and instilled hope into people’s hearts during China’s most important holiday season. Tapping into the cultural pulse: A ritual for renewal The company’s “Renewal Bottle” has succeeded in transforming the simple act…
From left to right: Janice Hu, China country head, UBS AG; chairperson of UBS Securities Co Ltd; chair of Global Banking China, UBS; Anu Rathninde, president of Johnson Controls Asia-Pacific; Xie Xue, CEO of Vale China; George Xu, Airbus executive vice-president and Airbus China CEO. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China…
“Private enterprises have made a significant contribution,” said Liu Yonghao, a national political advisor and chairman of New Hope Group, underscoring the need for equal treatment and legal safeguards to further empower private firms. He believed that the new legislation will further promote the development of the private sector. Tanks to chinadaily.com.cn Please visit: Our…