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China’s SOEs maintain sound operations in first two months

The green power facilities in the Xinjiang Uygur autonomous region. [Photo provided to chinadaily.com.cn] BEIJING – China’s State-owned enterprises (SOEs) maintained steady operations in the first two months of the year, according to official data released on Thursday. Data from the Ministry of Finance showed that during the period, the SOEs generated nearly 12.49 trillion…

Honeywell among 32 global firms granted partnership by Shanghai’s Pudong

A view of the Lujiazui area in Shanghai. [Photo/Xinhua] A total of 32 international industry leaders, including Guotai Junan Securities, multinational conglomerate Honeywell and domestic augmented reality glasses maker Xreal, were granted the Win-win Pudong Partnership on Thursday. The new partnership mechanism was launched during a Pudong’s investment promotion conference held on Thursday. The mechanism…

CEEC aiming for larger energy transition mandate

Experts and industry insiders attend a panel discussion on energy transition at the Boao Forum for Asia Annual Conference in Hainan province on Wednesday. FENG YONGBIN/CHINA DAILY China Energy Engineering Corp Ltd is planning for a bigger role in global energy transition and infrastructure development through its latest efforts to expand green hydrogen and artificial intelligence,…

Heraeus launches $83.6m quartz plant in China’s Shenyang

Visitors gather at German technology group Heraeus’ booth during the seventh China International Import Expo in Shanghai last week. [Photo/China Daily] SHENYANG — German technology company Heraeus Group on Tuesday officially launched its new quartz manufacturing plant in Shenyang, the capital of Northeast China’s Liaoning province, in its latest move to deepen Sino-German manufacturing cooperation.…

Apple announces new clean energy fund in China

BEIJING – US tech giant Apple on Monday said it will invest 720 million yuan ($100.31 million) to launch a new clean energy fund in China. The investment fund seeks to add around 550,000 megawatt-hours of wind and solar energy generation capacity to China’s power grid annually, with this figure expected to increase as more…

TCP Group boosts investment in China, eyes economic opportunities

Saravoot Yoovidhya, CEO of TCP Group, delivers a speech at the 2025 China Development Forum, on March 24, 2025. [Photo provided to chinadaily.com.cn] Thailand’s TCP Group, the owner of the Red Bull brand, is increasing its investment in China, capitalizing on the country’s continued economic resilience and commitment to market reforms, CEO Saravoot Yoovidhya said…

Chinese commerce minister meets with Cargill CEO

BEIJING – Chinese Commerce Minister Wang Wentao on Monday met with Brian Sikes, president and CEO of Cargill in Beijing, according to a statement released by the Ministry of Commerce. During the meeting, the two sides exchanged views on topics including Cargill’s business development in China, as well as China-US economic and trade relations. Wang…

ZF Group poised to propel growth in China’s automotive industry

Holger Klein, CEO of ZF Group. [Photo provided to China Daily] The world’s leading technology company and automotive supplier ZF Group has reinforced its dedication to boosting the high-quality development of China’s automobile industry amid rapid advancements in intelligence and electrification. Holger Klein, CEO of ZF Group, highlighted the effects of artificial intelligence on mobility…

Chinese commerce minister meets with Apple CEO Tim Cook

BEIJING – Chinese Commerce Minister Wang Wentao met with Apple CEO Tim Cook in Beijing on Monday, according to a statement released by the Ministry of Commerce. During the meeting, the two sides exchanged views on topics including Apple’s business development in China, as well as China-US economic and trade relations. Wang noted that the…

Chinese commerce minister meets with Qualcomm CEO

BEIJING – Chinese Commerce Minister Wang Wentao met with Cristiano Amon, president and CEO of Qualcomm, in Beijing on Monday, according to a statement released by the Ministry of Commerce. During the meeting, the two sides exchanged views on topics including Qualcomm’s business development in China, as well as China-US economic and trade relations. Wang…