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Walmart China execs summoned over repeated food safety breaches

Consumers browse products at a Sam’s Club store in Changsha, Hunan province, on Sept 7. CHINA DAILY China’s top market regulator has summoned executives of Walmart’s Chinese operations over repeated food safety violations at Sam’s Club stores and its online operations. The State Administration for Market Regulation said on Monday that it had recently conducted…

China greenlights IPO registration of major memory chipmaker CXMT

BEIJING — China’s top securities regulator said on Friday that it has approved the initial public offering (IPO) registration of CXMT Corporation, the country’s largest manufacturer of dynamic random-access memory (DRAM). The company has been approved to be listed on the Shanghai Stock Exchange’s sci-tech innovation board, also known as the STAR market, the China…

HSR making smooth progress in western China

Builders from China Railway No 4 Engineering Group complete building a 443.1-meter railway bridge, traversing Yingshan-Dazhou Expressway and located in Dazhou in Sichuan province, helping facilitate the development of China’s western regions. SHI JIAMIN/FOR CHINA DAILY Amid the country’s latest push to increase the operating mileage of railways, constructors from China Railway No 4 Engineering…

SpaceX IPO underscores growing politicization of global tech investment

SpaceX’s blockbuster initial public offering has grabbed attention worldwide not only for its unprecedented size, but also for what it implies for the commercial aerospace industry and the escalating politicization of the technological innovation that it underscores. SpaceX saw its price spike 19 percent on its Nasdaq debut even as the $75 billion IPO became…

Government-enterprise joint inspection safeguards people’s livelihood power supply

To fully consolidate the safe electricity consumption responsibilities of key users, eliminate power safety hazards in medical institutions, and secure reliable power supply for local residents, State Grid Longxi County Power Supply Company launched a special power safety inspection and service campaign at Longxi County First People’s Hospital on May 13. The campaign was jointly…

US move can’t suppress growth of Chinese firms

The United States’ recent move to suppress more Chinese companies will not affect the world’s growing demand for Chinese-made solar panels, electric vehicles and industrial robots, which are both quality-oriented and cost-efficient, experts said. Last week, the US Department of Defense updated its list of so-called Chinese military-linked companies under Section 1260H of the National…

SpaceX lifts off in record Wall Street debut

Founder, CEO, Chairman, and Chief Engineer of SpaceX, Elon Musk, speaks via videolink on the day of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite in New York City, U.S., June 12, 2026. [REUTERS/Brendan McDermid] NEW YORK — Elon Musk’s SpaceX began its first day as a public company on Wall Street on Friday…

Engine of progress

China’s first Airbus, an A310, sits in a hangar after its 1985 delivery to the Shanghai regional branch of the Civil Aviation Administration of China. [Photo provided to China Daily] In 1985, an Airbus A310, registered B-2301, was delivered to the Shanghai regional branch of the Civil Aviation Administration of China — now China Eastern…

Bosch doubles down on China as innovation hub while advancing robotics ambitions

Bosch executives discuss innovation in China. [Photo provided to chinadaily.com.cn] Bosch is deepening its commitment to China as both a key market and an increasingly important innovation hub, while accelerating its push into robotics and automation technologies, company executives said at their 2026 Bosch Connected World conference in Berlin. Stefan Hartung, chairman of the board…

Shanghai-based AutoFlight secures certifications for eVTOL aircraft

AutoFlight’s V2000CG CarryAll is granted a Validated Type Certificate in Indonesia. [Photo provided to chinadaily.com.cn] Shanghai-based aviation tech company, AutoFlight, has been granted a Validated Type Certificate in Indonesia for its V2000CG CarryAll aircraft, becoming the world’s first electric vertical takeoff and landing (eVTOL) to secure overseas type certificate validation, according to the company. The…