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DJI ‘disappointed’ by US move to block authorizations for foreign-made drones

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In this photo illustration, a DJI Mavic 2 Pro made by the Chinese drone maker hovers in place on Dec 15, 2021 in Miami, Florida. [Photo/Agencies] SHENZHEN – Chinese drone giant DJI expressed disappointment on Tuesday regarding the US Federal Communications Commission’s (FCC) decision to add foreign-made drones to the “Covered List”. Updated on Monday,…

Major CO2 power generator starts operations

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Employees of China National Nuclear Corp work at a supportive facility for Chaotan One, the world’s first commercial supercritical carbon dioxide power generator, in Liupanshui, Guizhou province, on Saturday. XIAO YAN/XINHUA The world’s first commercial supercritical carbon dioxide power generator started operations in Southwest China’s Guizhou province recently, a significant milestone in the global transition…

SOEs to focus on core sectors, real economy

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A robot is displayed at the exhibition area of the 2025 Global Industrial Internet Conference in Shenyang, Northeast China’s Liaoning province, Sept 6, 2025. [Photo/Xinhua] Central State-owned enterprises will focus on core sectors and the real economy in the upcoming 15th Five-Year Plan (2026-30) period to move up the value chain and lead the push…

Chinese shipbuilder announces doubling of LNG vessel construction capacity

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With the delivery of Ocean Oasis, a 174,000-cubic-meter LNG vessel, on Friday, Hudong-Zhonghua Shipbuilding (Group) Co, a unit of the world’s largest shipbuilder, China State Shipbuilding Corp, announced that it has doubled its LNG ship production capacity during the 14th Five-Year Plan (2021-25) period. [Photo provided to chinadaily.com.cn] With the delivery of Ocean Oasis, a…

AstraZeneca in cancer drug deal with Chinese biotech firm

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AstraZeneca has entered a global licensing agreement with Jacobio Pharmaceuticals, a Hong Kong-listed Chinese biotech company, to develop and commercialize a clinical-stage KRAS cancer drug candidate, the two companies announced on Monday. Under the agreement, the United Kingdom-based pharmaceutical company will obtain exclusive rights to develop and commercialize the pan-KRAS inhibitor JAB-23E73 outside the Chinese…

Spring Airlines to launch Shanghai-Ulan Bator flights

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Shanghai-based budget carrier Spring Airlines is set to become the first Chinese airline to operate a direct route between Shanghai and Ulan Bator, the capital of Mongolia. Beginning on March 3, the Shanghai-Ulan Bator route will operate every Tuesday and Friday from Shanghai Pudong International Airport, with return flights from Ulan Bator on the same…

McDonald’s expands presence to all provincial regions of Chinese mainland

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This photo taken on Dec 21, 2025 shows the first McDonald’s restaurant in Northwest China’s Qinghai province located in the Haihu New District of Xining, the provincial capital. [Photo/Xinhua] XINING — Fast-food giant McDonald’s opened its first restaurants in Northwest China’s Ningxia Hui autonomous region and Qinghai province this weekend, extending the brand’s presence to…

CNOOC launches 24 Block Development Project in Xijiang Oilfields

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CNOOC Limited announced on Monday that production has commenced at the Xijiang Oilfields 24 Block Development Project. Located in the shallow waters of the Pearl River Mouth Basin, the project leverages the existing facilities of the adjacent Huixi Oilfields, with the addition of a new unmanned wellhead platform. A total of 10 development wells are planned for commissioning.…

BOC backs high-quality growth in Hainan FTP

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The Hainan Free Trade Port officially launches island-wide special customs operations on Thursday and the Hainan branch of Bank of China continues to play a significant financial role in Hainan province’s opening-up. CHINA DAILY As the Hainan Free Trade Port officially launched island-wide special customs operations on Thursday, the free and convenient flow of cross-border…

China’s commercial satellites accelerate global connectivity

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A wide-angle view shows the No 1 launch station at Hainan International Commercial Aerospace Launch Center, a coastal spaceport in Wenchang, Hainan province, on March 11. PU XIAOXU/XINHUA SHANGHAI — The latest partnership finalized between Airbus and Shanghai Spacesail Technologies Co Ltd marks another step in expanding the global operational scope of China’s commercial satellites,…