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Mastercard executive lauds Chinese EV’s ‘unparalleled’ value

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After touring a Chinese EV maker, Mark Barnett, global head of Small and Medium Enterprises (SME) at Mastercard, praised its exceptional value for money:”Fantastic product—unparalleled anywhere I’ve seen.” He said he’s ready to take one home to the UK—as soon as a right-hand-drive model becomes available. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Foreign firms bullish on China’s consumption drive

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Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, foreign corporations are uniquely positioned to seize the opportunities presented by this transformative period. China Daily examines how these companies are aligning with China’s new round of high-standard opening-up policies, embracing emerging tech innovation trends and expanding their presence in…

Great Robotics showcases world’s first autonomous spinal surgery

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The 17th Annual Congress of the Chinese Orthopaedic Association, one of the world’s most influential orthopedic gatherings, concluded on Nov 16 in Tianjin after bringing together global experts under the theme “Smart Ortho, Pioneering Frontiers”. The event’s standout moment came when Great Robotics demonstrated its NewDawn AI-Powered Endoscopic Surgical Robot Platform, performing the world’s first…

First electric trains for Malaysia project finish production in Dalian

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The first batch of electric vehicles custom-built for Malaysia’s East Coast Rail Link project rolled off the production line on Tuesday at CRRC Dalian Co Ltd in Dalian, Liaoning province. [Photo provided to chinadaily.com.cn] The first batch of electric vehicles custom-built for Malaysia’s East Coast Rail Link project rolled off the production line on Tuesday at…

Mainland warns Japan of looming consequences over Taiwan remarks

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If Japan persists in pursuing the wrong course and goes further down the wrong path, China will resolutely take all necessary countermeasures, and Japan shall bear all the consequences, the Ministry of Commerce said on Thursday. Japanese Prime Minister Sanae Takaichi recently openly made erroneous remarks on China’s Taiwan, which fundamentally undermines the political foundation…

Experts: Dutch suspension of Nexperia order should be followed by concrete steps

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The Netherlands’ move to suspend its administrative order against Nexperia – a Chinese-owned semiconductor company based in the Netherlands – will only be meaningful if the Dutch government takes concrete steps to restore stability to the global semiconductor industrial and supply chains, experts said on Thursday. Chinese and Dutch government officials held two rounds of…

China welcomes Netherlands’ suspension of administrative order regarding Nexperia

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BEIJING – China’s commerce ministry said Wednesday that the country welcomes the Dutch government’s move to suspend its administrative order regarding semiconductor manufacturer Nexperia. It is “a first step in the right direction toward a proper settlement of the issue,” said a spokesperson with the ministry. Government officials of the two countries held two rounds…

Foreign firms deepen integration into China’s green manufacturing drive

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This photo taken on Nov 6, 2024 shows a lunar rover tire of Michelin during the seventh China International Import Expo (CIIE) in East China’s Shanghai. [Photo/Xinhua] SHENYANG – The recent production of Michelin’s 100 millionth passenger tire at its Shenyang plant in Northeast China’s Liaoning province underscores the deepening synergy between foreign enterprises and…

Subway global CEO dreams big in China

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Having opened its 1,000th store in China earlier this year, US-based restaurant brand Subway is making steady progress toward its ambitious goal of reaching 4,000 stores in the next two decades, the company’s top executive Jonathan Fitzpatrick told China Daily in an exclusive interview. Click the video and find out what is his dream goal…

Luxury brands rise as LVMH takes notice

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A view of The Louis, which was launched in Shanghai earlier this year. CHINA DAILY Bernard Arnault, CEO of LVMH, made a visit to China last month — the third year in a row — continuing his strategic focus on the region’s luxury market. However, this year’s trip marked a notable turn. It is reported…