BUDAPEST – China’s Contemporary Amperex Technology Co Limited (CATL) said on Wednesday its battery cell factory in Debrecen, Hungary, is prepared for launch and will be central to the company’s strategy to deepen its long-term European operations. The plant, with an initial annual capacity of 40 gigawatt hours (GWh), is already fully booked by clients,…
Employees work on an FAW-Volkswagen auto assembly line in Qingdao, Shandong province, on Sept 18. LIANG XIAOPENG/FOR CHINA DAILY About 56 percent of German companies are considering more engagement with Chinese partners, with the primary motivations being business expansion in China and the need to adapt to “China Speed”, the German Chamber of Commerce in…
The first duty-free shop in the downtown areas of northwestern China recently opened in Xi’an, Shaanxi province. [Photo provided to chinadaily.com.cn] The first duty-free shop in the downtown areas of northwestern China recently opened in Xi’an, Shaanxi province. The three-story building can be found in Xi’an’s Bell Tower commercial area. Inside is a duty-free section,…
Chinese e-commerce giant JD said on Wednesday it has acquired approximately 59.8 percent of the shares and voting rights in German electronics retailer Ceconomy. When combined with the stake to be retained by its future partner Convergenta, JD’s total shareholding in Ceconomy would reach 85.2 percent. Convergenta was the largest shareholder in Ceconomy before JD’s…
Foreign traders visit the 2025 World Green Development Investment and Trade Expo & China Green Food Expo in Nanchang, East China’s Jiangxi province, Nov 28, 2025. [Photo/Xinhua] NANCHANG — A robot named “Pasini” drew crowds at the 2025 World Green Development Investment and Trade Expo and China Green Food Expo, as it moved its mechanical…
A worker manufactures power batteries for new energy vehicles in the production workshop of a technology company in Huaibei, Anhui province, in July. LI XIN/FOR CHINA DAILY China Petroleum and Chemical Corp (Sinopec) recently signed a strategic agreement with South Korean petrochemical giant LG Chem to jointly develop key materials for sodium-ion batteries, a move…
Japanese tech company Canon Inc confirmed on Tuesday that it has closed its printer factory in Zhongshan in China’s Guangdong province. The company attributed the shutdown of the factory, effective from Nov 21, to a shrinking global laser printer market, changes in people’s working styles, and the accelerated contraction of laser printer use in offices.…
Mercedes-Benz showcases the electric CLA L at the 2025 Shanghai auto show in April. CHINA DAILY Around 56 percent of German companies in China are considering more engagement with domestic partners, with the primary motivations being business expansion and the need to adapt to “China Speed”, according to the results of a survey released by…
China Eastern Airlines began operating daily commercial flights between Shanghai and Lanzhou in Gansu province, using China’s homegrown C919 jet starting Monday, marking the first time the Shanghai-based carrier has deployed the aircraft on a plateau airport route. The Shanghai–Lanzhou route now operates one round trip daily between Shanghai Hongqiao International Airport and Lanzhou Zhongchuan…
China National Petroleum Corporation (CNPC) has achieved a major milestone in the localization of key equipment for its Carbon Capture, Utilization, and Storage (CCUS) projects, moving from initial successes to a complete domestic replacement of critical systems, the company announced.The breakthrough is centered on CNPC’s Jilin oilfield, where the country’s first domestically produced 100,000 cubic…