An aerial view of Sino-Metals Leach Zambia. CHINA DAILY Sino-Metals Leach Zambia, or Sino-Metals, a subsidiary of China Nonferrous Metal Mining (Group), or CNMC, is China’s first large-scale copper hydrometallurgy enterprise invested overseas. Located in the Zambia-China Economic and Trade Cooperation Zone in Kalulushi town, Sino-Metals was registered locally and established in 2004 as a mining…
The text-to-video Sora model is on display on a smartphone with the OpenAI logo visible in the background in this photo illustration in Brussels, Belgium. [Photo/Agencies] ChatGPT maker OpenAI from the United States stepped up the global artificial intelligence race in mid-February when it unveiled its text-to-video generation tool Sora. That made me wonder —…
An Africa-bound freight train leaves Zhuzhou, Hunan province. CHEN SIHAN/XINHUA At a factory in Port Elizabeth, South Africa, workers in blue uniforms meticulously assemble vehicles, while another team maneuver around 300 sport utility vehicles and sedans into a staging area. These cars, manufactured at Chinese carmaker Beijing Automotive Group Co’s plant, will be delivered to its…
An aerial view of the constructions near Yan’an road in Hangzhou, Zhejiang province, Aug 19, 2023. [Photo/VCG] Chinese cities that have strategically invested in emerging technologies will continue to thrive, as the broader economy still faces challenges both at home and abroad, according to a new report. “Despite geopolitical headwinds impacting China’s economic growth trajectory…
Lujiazui, Shanghai’s financial center, forms a perfect backdrop to Shanghai’s Bund. [Wang Gang/For China Daily] SHANGHAI – China’s financial hub Shanghai saw its foreign trade with African countries grow 9.4 percent year-on-year to 218.53 billion yuan ($30.73 billion) in the first seven months of 2024, official data showed Tuesday. This trade volume accounted for 18.4…
Employees work on Africa-bound fabric products at a textile company in Binzhou, Shandong province. GUO XULEI/XINHUA Strengthened by closer political ties as well as complementary economic advantages, China and Africa are poised for diversified business cooperation and increased trade volumes in the coming years, said analysts and business leaders. Amid rising protectionism, geopolitical risks and challenges…
Zhang Shaogang (middle), vice-chairman of the China Council for the Promotion of International Trade, Lin Honghong (2nd left), director-general of the Department of International Relations of CCPIT, and Sun Xiao (2nd right), secretary-general of the China Chamber of International Commerce brief the media in Beijing on Sept 3, 2024. [Wang Jing/chinadaily.com.cn] Nearly 800 Chinese and…
Zhang Shaogang (middle), vice-chairman of the China Council for the Promotion of International Trade, Lin Honghong (left), director-general of the Department of International Relations of CCPIT, and Sun Xiao (right), secretary-general of the China Chamber of International Commerce brief the media in Beijing on Sept 3, 2024. [Photo/chinadaily.com.cn] Chinese and African entrepreneurs will share win-win…
China will launch an anti-dumping investigation into rapeseed imports from Canada in accordance with the relevant domestic laws, as well as the World Trade Organization rules, stated by the Ministry of Commerce on Tuesday. China will also initiate an anti-dumping investigation into specific Canadian chemical products, following requests from domestic industries, said the ministry in…
Photo taken on July 11, 2017 shows Saihanba National Forest Park, China’s largest man-made woodland, in Weichang Manchu and Mongolian autonomous county in Chengde, Hebei province. [Photo/Xinhua] At a tree nursery in Weichang Manchu and Mongolian autonomous county of Hebei province, farmers are busy selecting and packing tree seedlings to be sold nationwide. Over the…