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Hisense sharpens focus on innovation, new quality productive forces

Visitors are viewing the large-screen TVs at Hisense’s booth at CES 2025. LIA ZHU/CHINA DAILY Chinese home appliance maker Hisense is stepping up efforts to achieve breakthroughs in fundamental technologies and bolster the development of new quality productive forces. The company is ratcheting up resources to make innovations in cutting-edge laser display technologies, while continuously…

China will deliver broad-based growth

From left to right: Frank Xu, Rio Tinto China CEO; Samantha Zhu, chairperson of Accenture Greater China; Takeshi Yoshida, president of Sony China; Zhang Ying, managing director of Dassault Systemes Greater China. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in assessing the success of the…

Chinese companies critical role in Africa’s development

NJ Ayuk (right), founder and executive chairman of the African Energy Chamber, signs a memorandum of understanding with Tima Networks during a forum held in Shanghai on March 13. [Photo provided to chinadaily.com.cn] Chinese companies have been playing a critical role in Africa’s accelerating process of energy transition and industrialization, and are expected to further…

AI key force for high-quality growth

China Electrical Equipment Group’s booth is seen during an expo in Zhengzhou, Henan province. MA JIAN/FOR CHINA DAILY As global manufacturing rapidly shifts toward digitalization and intelligent development, the deep integration of artificial intelligence into the sector has become a key driving force for high-quality development and a key battleground in global tech competition, said Zhang…

Transfar chairman: AI key to pvt firms seeking global edge

A Transfar employee works at a plant science research center in Hangzhou, Zhejiang province, in December. LU ZHE/XINHUA Private enterprises in China must make more efforts to embrace artificial intelligence in order to gain a lead globally, a national lawmaker said on the sidelines of the two sessions that end on Tuesday. Xu Guanju, a deputy…

Luxshare gears up for bigger share of auto parts market

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.…

Embracing latest tech to fuel growth

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…

Betta applauds supportive moves in pharma sector

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…

China’s central SOEs invest over 280b yuan in Xinjiang in 2024

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…

MOC meets Walmart after retailer asks suppliers to cut prices

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.…