DAVOS, Switzerland — China continues to be a steadfast force in advancing multilateral economic and trade cooperation worldwide, said Patrick Tsang, chief executive officer of Deloitte China, emphasizing the country’s significant contributions to global trade, investment, and the green and digital economy. “China has consistently unleashed domestic demand and created opportunities for global goods and…
Workers install solar panels in rural Yinchuan, Ningxia Hui autonomous region. YUAN HONGYAN/FOR CHINA DAILY CHN Energy Investment Group is on track to step up investment in renewable energy and clean utilization of coal this year, after the group’s renewable energy installed capacity hit a record high in 2024. Last year, the company’s newly installed and…
The comeback of TikTok, a popular social media app owned by Chinese tech company ByteDance, in the United States after a brief weekend outage signals the video-sharing site is capable of seeking out solutions through consultation and cooperation to ensure its legal operation in the face of regulatory challenges in the country, experts said on…
Flight O3144 carrying 35 tons of Norwegian salmon arrives at Ezhou Huahu International Airport on Jan 16, marking Eastern Air Logistics’ first regular chartered flight for fresh products between Europe and China. [Photo provided to chinadaily.com.cn] With the smooth arrival of flight O3144 carrying 35 tons of Norwegian salmon at Ezhou Huahu International Airport in…
The flight FM871 with 237 passengers onboard is welcomed by a conventional water salute while landing at Casablanca Mohammed V International Airport on Jan 19, marking China Eastern Air Holding Co Ltd’s Shanghai Airlines had become the first operator to offer regular flights between East China cosmopolitan Shanghai and Casablanca, Morocco. [Photo provided to China…
UK-based consumer goods company Reckitt announces the start of constructing its global R&D center in Shanghai with an investment of more than 300 million yuan started construction on Jan 16. [Photo provided to chinadaily.com.cn] Reckitt, a UK-based consumer goods company, announced the start of constructing its global research and development center in Shanghai with an…
HAMBURG, Germany — German fashion brand Tom Tailor is preparing to attend this year’s China International Import Expo (CIIE) in a bid to explore new market opportunities and strengthen its foothold in China’s expansive consumer market. At a promotional event here for the 8th CIIE on Thursday, Tom Tailor’s CEO Gernot Lenz highlighted the expo’s…
Robots seen on the assembly line of automaker FAW Group in Changchun, Jilin province. [Photo/Xinhua] BEIJING – The profits of China’s centrally-administered State-owned enterprises (SOEs) registered steady growth in 2024, the country’s top state assets regulator said on Friday. Total profits of China’s central SOEs reached 2.6 trillion yuan ($361.7 billion) last year, according to…
SHENZHEN — Siemens Healthineers, a German health technology company, has begun construction on a new manufacturing and research facility in South China’s technology hub Shenzhen. With a total investment exceeding 1 billion yuan (about $139.12 million), the new facility will cover 63,000 square meters and is expected to be operational by the end of 2027.…
CNOOC Limited announced that Dongfang 29-1 gas field development project has commenced production on Monday. Located in the Yinggehai Basin with an average water depth of about 68 meters, the project, including a new unmanned wellhead platform and a submarine pipeline, is expected to achieve a peak production of 38 million cubic feet of natural…