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State utility gives helping hand in Xinjiang’s green transition

A view of a wind farm near Urumqi, Xinjiang Uygur autonomous region. [SONG YU/FOR CHINA DAILY] To aid in China’s dual goals of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060, the country’s largest power utility is helping enterprises boost technological innovation, in a bid to bolster the green transition. In…

JD users can now pay for purchases using Alipay

A logo of Chinese e-commerce giant JD. [Photo/IC] Chinese e-commerce giant JD has accepted the mobile payment option from Alipay, which is operated by financial technology company Ant Group. This marks a significant step that experts say breaks down payment barriers between the two internet companies, and enhances interconnectivity of various online platforms. Alipay said…

New offshore platform taps into potential of heavy-oil reserves in China

BEIJING — The world’s first mobile thermal-injection platform was recently delivered in China’s Shandong province, offering new opportunities to tap into China’s vast potential for heavy-oil recovery, according to the country’s major marine oil-mining company. China National Offshore Oil Corporation (CNOOC) announced on Thursday that “Recai No 1” or “Thermal Recovery No 1”, the mobile…

Air Serbia to launch Shanghai-Belgrade direct flights in 2025

Air Serbia is to launch direct flights between Shanghai and Belgrade, operated by Airbus A330 aircraft twice a week, starting Jan 11, 2025. [Photo provided to chinadaily.com.cn] Air Serbia has announced the introduction of a new direct flight route connecting Shanghai Pudong International Airport with the Serbian capital of Belgrade, Nikola Tesla Airport, with operations…

Rio Tinto and China partners to improve EV battery tech

The State Power Investment Corporation.[Photo/SPIC] Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia, the company said on Thursday. Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully…

Chinese firms step up investments in R&D

Experts from United Imaging Healthcare Co Ltd pose for a photo with local medical workers after installing a transportable CT scanner in Baghdad, Iraq, on March 19, 2020. XINHUA BEIJING — It took Chinese entrepreneur Zhang Junbin eight years to transform a small startup with just 200,000 yuan ($28,090) in initial capital into a unicorn enterprise…

Hisense becomes first official partner of FIFA Club World Cup 2025

Hisense Group announces on Wednesday that it has become the first official partner of the FIFA Club World Cup 2025. [Photo provided to chinadaily.com.cn] Chinese home appliance maker Hisense Group announced on Wednesday that it has become the first official partner of the FIFA Club World Cup 2025, building on its seven-year relationship with FIFA.…

Starbucks China records high performance in county-level stores

An outlet of Starbucks in China. [PHOTO/CHINA DAILY] Starbucks China has reported stronger performance from its newly-opened county-level stores compared to those in higher-tier cities, reinforcing its penetration strategy despite a decline in store sales due to heightened competition. The company is exploring “strategic partnerships” in China. In the fourth quarter, the company’s revenue in…

China’s first ‘smart factory’ for offshore oil, gas equipment fully operational

A drone photo taken on Oct. 30, 2024 shows a view of an intelligent manufacturing base under China Offshore Oil Engineering Company in north China’s Tianjin. [Photo/Xinhua] TIANJIN — China’s first intelligent manufacturing base for offshore oil and gas equipment was put into full operation on Wednesday in North China’s Tianjin municipality. Covering an area…