Since 2014, CRRC Changchun Railway Vehicles Co in Changchun, Jilin province, has provided their products to African countries, including supplying 41 light railway cars to Ethiopia and 30 passenger trains to the Addis Ababa-Djibouti Railway, along with providing after-sales services. The professional ability, expertise and hard work shown by the company’s staff have been well…
Performers pose for a picture with a child at the cdf Sanya International Duty Free Shopping Complex. [Photo provided to chinadaily.com.cn] Leveraging the beneficial policy of building the Hainan Free Trade Port in South China’s Hainan province, China Duty Free Group (CDFG), led by its parent company, China Tourism Group, has become a key driving…
Successful collaborations with affiliated businesses to expand e-commerce and effective cost control and efficiency enhancements have contributed to an increased revenue for Cosmo Lady, one of China’s largest lingerie enterprises, in the first half of 2024, according to the company’s half-year financial report. The company reported revenues of 1.51 billion yuan ($212.69 million) in the…
Visitors check out Rio Tinto’s booth during a supply chain expo in Beijing in December. WU CHANGQING/FOR CHINA DAILY Collaborating with Chinese companies to jointly develop Simandou, the high-grade iron ore deposit in Guinea, Africa, represents a unique opportunity amid increasing demand for higher-grade, lower-impurity iron ore as steelmakers seek to reduce carbon emissions worldwide,…
A view of the booth of Alibaba Group Holding Ltd during an e-commerce expo in Changsha, Hunan province. Alibaba has been offering a range of specialized training programs for African entrepreneurs. LIU XIANGJUN/FOR CHINA DAILY Chinese e-commerce platforms are investing more resources to expand their presence in Africa, helping local farmers sell their specialties, providing related…
An award to Palabora Copper from South Africa’s Department of Trade, Industry and Competition. CHINA DAILY HBIS Palabora Mining Company, a copper mine, smelter and refinery complex in the town of Phalaborwa, in South Africa’s Limpopo Province, owes its origins to a unique rock formation in the region known as the Palabora lgneous Complex. The mine…
A visitor checks out products during the 2024 Intertextile Shanghai Apparel Fabrics: Autumn edition in Shanghai in late August. CHINA DAILY Messe Frankfurt GmbH, one of the world’s largest trade fair and event organizers by sales revenue, plans to hold over 50 commercial exhibitions across China in 2025, said a senior executive, adding that the company…
This photo taken on March 8, 2021, shows a sign of WeChat Pay in Changzhou, Jiangsu province. [Photo/VCG] WeChat Pay said on Wednesday that the process of adapting its payment functionalities to the Taobao platform is “underway” in response to a report that Taobao will fully support WeChat Pay on its platform. WeChat Pay said…
CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Limited announced on Wednesday that Wushi 17-2 oilfields development project has commenced production. The oil property is light crude, said the company, who holds 80 percent interest in this project and is the operator. The project is located in the Beibu…
Workers operate an assembly line of smart excavators at Sany’s factory in Shenyang, Liaoning province, in February 2023. ZHANG WENKUI/FOR CHINA DAILY In response to African countries’ efforts to stimulate economic growth, broaden market access and unlock consumer potential, Chinese companies will deploy more resources and manpower on the continent in the years ahead, to capitalize…