China Energy Investment Corp (CHN Energy), the country’s largest coal-fired power generator by capacity, has vowed to continue stepping up investment in renewable energy and clean utilization of coal this year, as it seeks to balance energy supply and decarbonization. The company will accelerate efforts to push forward pilot projects in cleaner coal technology, including…
A Malaysia Airlines aircraft comes in to land at Shanghai Pudong International Airport on Sept 1, 2024. The airline is operated by Malaysia Aviation Group. [CHINA DAILY] Malaysia Aviation Group, parent company of Malaysia Airlines, plans to expand its presence in China by ramping up frequencies on core routes and launching direct services to second-tier…
Visitors check out a BOE display during a high-tech expo in Beijing in September.[SONG YU/FOR CHINA DAILY] BOE Technology Group Co Ltd, a major Chinese display panel maker, is expanding its presence in emerging business segments like solar cells, and bolstering the integration of artificial intelligence technology with manufacturing, operation and products to achieve sustainable…
Chinese home appliance manufacturers Midea Group and Hisense Group sign a strategic cooperation agreement. [Photo provided to chinadaily.com.cn] Chinese home appliance manufacturers Midea Group and Hisense Group on Wednesday inked a strategic partnership to collaborate in multiple fields, such as artificial intelligence applications, global advanced manufacturing and smart logistics. The two sides will conduct extensive…
Consumers check out Labubu figures at a Pop Mart store in the Siam Center shopping mall in Bangkok on Tuesday. LILLIAN SUWANRUMPHA/AFP Pop Mart International Group Ltd, a China-based trendy collectible toy maker, is banking on the new global craze surrounding its plush product series of Labubu figures, the company’s beloved intellectual property under The…
An aerial image shows the construction of Legoland Shanghai. Located in Shanghai’s Jinshan district, the 318,000-square-meter resort will become the biggest Legoland at opening in the world. [CHINA DAILY] British entertainment group Merlin Entertainments announced on Wednesday that Legoland Shanghai Resort will welcome its first visitors on July 5, marking the debut of what will…
Staff members of Hainan Airlines check in passengers bound for London, at Haikou Meilan International Airport in South China’s Hainan province, on May 7, 2025. Flight HU7911 took off from Haikou Meilan International Airport in Hainan province, bound for London, UK, marking the official launch of the regular passenger route between Haikou and London. [Photo/VCG]…
Employees work on an auto production line of Volkswagen in Hefei, capital of Anhui province. CHEN ZHUO/FOR CHINA DAILY Nearly 40 percent of German companies said they plan to accelerate their localization in China, in the wake of recent trade conflict escalation between the United States and China, a survey by the German Chamber of Commerce…
Consumers are seen at a retail complex operated by Pangdonglai in Xuchang, Henan province, on April 28. [NIU SHUPEI/FOR CHINA DAILY] Pangdonglai, a widely known retail chain despite operating just 13 stores in a mere two cities in Henan province, shut down its official website on Tuesday. The shutdown was seen by many as linked…
BEIJING – Companies listed on the Beijing Stock Exchange posted stable performances in 2024, with over 80 percent achieving profitability, the stock exchange said on Tuesday. Its data shows that the 265 companies listed on the exchange accumulated total operating revenues of 180.85 billion yuan ($25.12 billion) last year, with profits coming in at 11.03…