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…
Visitors explore newly launched products by Logitech International SA at an industry event held in Beijing in late August 2024. [Photo provided to chinadaily.com.cn] Logitech International SA, the Swiss multinational manufacturer of computer peripherals and software, will allocate more capital and human resources to capture a larger share of China’s fast-growing market, said its top…
Builders from Yunnan Construction and Investment General Contracting Co make new progress on the Astana Light Rail Project in Kazakhstan on Aug 30, 2024. [Photo provided to chinadaily.com.cn] Chinese builders, taking part in the Astana Light Rail Project in the Kazakhstan capital, reached a new milestone when the section between Stations 106 and 109 achieved…
The world’s largest typhoon-resistant wind-fishery integrated platform was put into operation in Shanwei of Guangdong province on Wednesday, said its operator China General Nuclear Power Group. The project, designed to withstand super typhoons of up to Category 17, is expected to generate an annual output value of 54 million yuan ($7.59 million) upon full production,…
A view of the booth of Kuaishou Technology during an expo in Shanghai. [LONG WEI/FOR CHINA DAILY] Chinese video-sharing platform Kuaishou Technology is doubling down on artificial intelligence-powered video generation models and plans to provide more data traffic support for premium content creators. This is part of the company’s efforts to accelerate its monetization push…
Changqing oilfield, China’s largest oil-and-gas field, achieved a historic milestone recently by producing a cumulative total of 1 billion metric tons of oil and gas equivalent, according to PetroChina Changqing Oilfield Company. Last year, it became the first oilfield in China to pass the 60-million-ton mark in annual oil and gas output, a landmark in…
Key industries, including agriculture, infrastructure, mining, technology and automotive, are being re-imagined as Africa and China collaborate in a rapidly changing global economy. In a world that is seeing a significant shift in influence as new economic powerhouses emerge, this ushers in an exciting new era of opportunities. The table provides a summary of key…
Staff of State Grid Zhejiang Electric Power conduct an energy efficiency diagnosis for a local enterprise. [Photo provided to chinadaily.com.cn] State Grid Zhejiang Electric Power Co Ltd is increasing efforts to leverage advanced technologies for grid maintenance to boost power supply efficiency as part of the country’s efforts to enhance the grid’s capacity to integrate…
An automated impeller production line of Goldwind Science & Technology Co Ltd, in Dabancheng, Northwest China’s Xinjiang Uygur autonomous region. [Photo provided to chinadaily.com.cn] Goldwind Science & Technology Co Ltd, a Chinese wind turbine manufacturer located in Northwest China’s Xinjiang Uygur autonomous region, continues to integrate digital technology into its production, expand the company’s footprint…