A panoramic view of the Elga open-pit mine. With 2.2 billion metric tons of reserves, the mine is the largest coking coal deposit in Russia and one of the largest in the world. CHINA DAILY Nestled in the permafrost region of Yakutia in Russia’s Far East, the Elga Coal Complex has become a symbol of…
A fully loaded ore carrier berthed at the Caofeidian Port Area of Tangshan Port in Hebei province on Sunday. GUO YANQI/CHINA DAILY The fully loaded 400,000-metric-ton-class ore carrier Yuan Jian Hai berthed at Caofeidian Port Area of Tangshan Port in Hebei province on Sunday, marking a new phase in regular full-load berthing for such ultra-large…
Borouge’s booth is seen during an expo in Shanghai in April 2026. [Photo provided to China Daily] China is no longer just a super-sized market — it is rapidly transforming into a dynamic innovation hub where global companies come not only to sell, but to create and collaborate, a senior business executive told China Daily.…
Visitors gather at YMTC’s booth during a high-tech expo in Wuhan, Hubei province, on April 19. CHINA DAILY China’s leading flash memory maker, Yangtze Memory Technologies Co (YMTC), has officially begun its initial public offering process with plans to list on Shanghai’s STAR Market, marking a major milestone for the country’s semiconductor industry. The filing…
While Schroders is transferring part of the mutual fund business managed by its wholly-owned China unit to Neuberger Berman, the British asset manager insists it will continue to provide public and private fund services for Chinese investors, dismissing speculation that it is exiting China. Schroder Fund Management (China) Co Ltd said on Wednesday that it…
Chinese navigation app maker Amap said on Wednesday that it would roll out its AI-powered traffic light countdown feature to overseas markets, marking one of the first large-scale attempts to export the technology globally. The feature, first launched by Amap in May 2022, uses artificial intelligence to simulate and predict traffic signal changes in real…
Alibaba Cloud, the cloud arm of tech giant Alibaba Group, has unveiled a new artificial intelligence chip and an ambitious multi-year semiconductor roadmap, as the company pushes to build a domestic alternative to Nvidia-powered AI infrastructure. Alibaba Cloud launched the Zhenwu M890, a new training-and-inference integrated AI chip developed by the company’s semiconductor arm T-Head,…
Employees test chips at Gpixel Changchun Microelectronics Co Ltd. CHINA DAILY Changchun, capital of Jilin province, is leveraging the optoelectronic information industry to drive its journey toward becoming a city of optoelectronics and setting an example for high-quality development in the revitalization of the old industrial base in Northeast China. Gpixel Changchun Microelectronics Co Ltd,…
State Grid Longxi County Power Supply Co has stepped up services for livestock farms in Longxi county, Gansu province, as part of broader efforts to support rural livestock farming and promote local economic development. The company recently organized employees to visit cattle and sheep farms near Longxi North Railway Station, inspecting power facilities and helping…
China’s leading flash memory maker, Yangtze Memory Technologies Co, or YMTC, has officially kicked off its initial public offering process, with plans to list on Shanghai’s STAR Market, according to a filing with the China Securities Regulatory Commission on Tuesday. The filing showed that the company, which has no controlling shareholder, features a diversified ownership…