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Air China–Rolls-Royce joint venture begins operations in Beijing

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[Photo provided to chinadaily.com.cn] China marked a key step in expanding its high-end aero engine maintenance capabilities as the country’s first joint venture for aero maintenance, repair and overhaul officially opened and began operations in the Beijing Capital International Airport Economic Zone on Wednesday. As Rolls-Royce’s fourth MRO JV facility — and the first of…

Shale oil base achieves major breakthrough

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China’s first national-level continental shale oil demonstration zone, located in Xinjiang Uygur autonomous region, has achieved its annual crude oil production target of 1.7 million metric tons ahead of schedule, its operator, China National Petroleum Corporation (CNPC) said. This major accomplishment signals a systemic breakthrough in exploiting one of the world’s most challenging unconventional resources,…

Canon shutters Guangdong printer factory amid shrinking demand

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Japanese tech company Canon Inc. [Photo/VCG] Japanese tech company Canon Inc has ceased production and operation of its printer factory in Zhongshan, Guangdong province due to declining local demand and increasingly stiff competition in the laser printer market. The company attributed the shutdown of the factory, effective Nov 21, to a shrinking global laser printer…

Shanghai Forest Cabin Cosmetics files for IPO in Hong Kong

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Merchants promote Lin Qingxuan’s products through livestreaming in Shanghai on May 14. CHINA DAILY Shanghai Forest Cabin Cosmetics Group, or Lin Qingxuan, a leading brand in China’s domestic skincare market, has filed its IPO prospectus and plans to go public in Hong Kong, amid fierce competition in the skincare oil market. On Dec 2, the…

Chinese chipmaker YMTC challenges US Defense Dept in suit

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China’s leading flash memory chipmaker, Yangtze Memory Technologies Co, has filed a lawsuit against the US Department of Defense, challenging its inclusion on a US list of companies alleged to have links with China’s military. The lawsuit, submitted on Friday to a federal court in Washington, seeks to overturn the designation and block its enforcement. YMTC…

Nvidia welcomes approval to ship H200 chips to China

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US chip company Nvidia told China Daily on Tuesday that “offering its H200 chips to commercial customers is a welcome approach.” The comments came after US President Donald Trump said that the United States will allow Nvidia to ship its H200 products to approved customers in China. Nvidia’s H200 chips, although one generation behind its…

China Southern signs codeshare deal with Virgin Australia

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China Southern Airlines signed a new codeshare agreement with Virgin Australia on Monday to enhance its route network coverage in Oceania. The codeshare cooperation is scheduled to start early next year, allowing passengers to travel on China Southern flights into major Australian gateways including Sydney, Melbourne, Brisbane and Darwin. China Southern and Virgin Australia will…

Tesla Shanghai factory hits 4m car output mark

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Staff members pose for a group photo to mark the 4 millionth vehicle produced here at Tesla’s Gigafactory in Shanghai, East China, Dec 8, 2025. [Tesla’s Gigafactory in Shanghai/Handout via Xinhua] SHANGHAI — Tesla’s Gigafactory in Shanghai rolled out its 4 millionth vehicle on Monday, according to the company, marking a new milestone as the…

Nation to prioritize innovation, AI in 2026 economic agenda

An employee explains how intelligent robots work at the production line of Haier’s central air conditioning interconnection factory in Qingdao, Shandong province, on Nov 27. LI ZIHENG/XINHUA China is expected to place technology and new quality productive forces, such as artificial intelligence, at the center of its economic policy agenda for 2026 at the upcoming…

ByteDance tweaks Doubao assistant amid app curbs

A visitor interacts with ByteDance’s AI model Doubao during a high-tech expo in December 2024, in Shanghai. [CHINA DAILY] Chinese tech giant ByteDance said its artificial intelligence-powered Doubao mobile phone assistant will have some AI capabilities adjusted, while calling for protecting users’ lawful rights to leverage AI as part of a broader push to balance…