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China advances probe into PVH Corp

[Photo/VCG] China is advancing the probe into PVH Corp, an American clothing company that owns brands such as Tommy Hilfiger and Calvin Klein, under the unreliable entity list framework, the Ministry of Commerce said on Thursday. “We will fully safeguard PVH’s rights to make statements and submit defenses during the investigation process,” said He Yadong,…

US firms continue to seek investment opportunities in Chinese market

The skyline of Beijing. [Photo/VCG] CHONGQING – Many US companies are seeking investment opportunities in the Chinese market amid China’s introduction of a host of incremental policies to support economic growth. On Monday and Tuesday, a roundtable meeting between the National Development and Reform Commission (NDRC) and US multinationals was held in Southwest China’s Chongqing…

Huawei releases homegrown HarmonyOS NEXT operating system

Yu Chengdong, Huawei’s executive director, speaks at the launch event of HarmonyOS NEXT in Shenzhen, South China’s Guangdong province, Oct 22, 2024. [Photo/Xinhua] SHENZHEN – Chinese tech giant Huawei on Tuesday released HarmonyOS NEXT, its self-developed operating system built independent of Android architecture. The launch event in Shenzhen, where the company is based, marks another…

Yangzhou shipbuilding completion reaches a record high

Sparks flow in all direction as a man works in a workshop of New Dayang, a shipbuilding company, in Yangzhou, East China’s Jiangsu province, on Oct 21, 2024. [Photo/VCG] Shipbuilding completion hit a 10-year high in Yangzhou, East China’s Jiangsu province, reported JSTV.com on Oct 18. New Dayang Shipbuilding Co Ltd, a shipbuilding company in…

New power grid project begins operations in Jiangsu

A 500-kilovolt power grid project commenced operations in East China’s Jiangsu province recently, to address the surging power demand, marking the first of its kind in the region this year, said the project’s managing company State Grid Taizhou Power Supply Co. It will be the first 500 kV gas-insulated substation in Taizhou city, which is…

Incremental policy package to strengthen nation’s growth, expert says

Zou Yunhan, deputy director of the Macroeconomic Research Office at the State Information Center’s Department of Economic Forecasting, highlighted in an interview with ChinaPerspectives that China’s economy will likely pick up in the fourth quarter, propelled by the incremental policy package. “With the stimulus package taking effect and the continued strengthening of the endogenous driving…

China’s tunneling marvel hits construction milestone

The shield machine conducts a pipe segment lifting operation in Shanghai, Oct 20, 2024. [Photo/Xinhua] On Oct 20, China’s self-developed world’s largest diameter high-speed railway shield machine, called Linghang, excavated its 1,000th ring segment in the construction of the Chongtai Yangtze River Tunnel on the Shanghai-Chongqing-Chengdu High-speed Railway. This tunnel, spanning 14.25 kilometers, links the…

Chinese-made tunneling machine passes milestone

The world’s largest shield machine for railway construction, a tunneling device with a diameter of 15.4 meters, excavates its 1,000th ring segment on Sunday to reach 2 kilometers, a milestone in the construction of a tunnel beneath the Yangtze River for a high-speed railway. [Photo provided to chinadaily.com.cn] The world’s largest shield machine for railway…

Eyeing growing demand, Mandarin Oriental to further invest in China

A view of the Mandarin Oriental Qianmen hotel in Beijing. The company has vowed more investments in China to further tap growing local demand. CHINA DAILY Mandarin Oriental Hotel Group said it will continue to invest in different cities in China — a massively important market, to satisfy the growing demand of discerning and sophisticated Chinese…

CNOOC subsidiary secures contracts for exploration blocks off Brazilian coast

CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Petroleum Brasil Ltda, a wholly owned subsidiary of CNOOC Limited, has entered into four concession contracts for exploration blocks offshore Brazil with the Brazilian National Agency for Petroleum and the partners in the Pelotas Basin, in an announcement on Thursday. The…