Franz Decker, president & CEO of BMW Brilliance Automotive, speaks at the 5th China Automotive Quality Technology Conference on July 17, 2025. [Photo provided to chinadaily.com.cn] As the automotive industry undergoes a digital and electrified transformation, BMW is setting new benchmarks for high-quality intelligent manufacturing at its Shenyang production base, driven by advanced artificial intelligence…
Major global banks and institutions raised their forecasts for China’s economic growth this year following the country’s stronger-than-expected first-half performance, reflecting their confidence in the world’s second-largest economy despite persistent external challenges. Foreign institutions, including Morgan Stanley, Goldman Sachs, UBS and Nomura, upgraded their full-year GDP growth estimates for China, which are closer to the…
A drone photo shows an electric vertical take-off and landing aircraft performing a flight demonstration at a park in Hefei, Anhui province. ZHOU MU/XINHUA At Hefei’s urban air mobility hub, the rotor blades of an electric vertical take-off and landing (eVTOL) aircraft hum to life before it glides smoothly into the summer sky. Known as…
The economic and financial colossus of Shanghai is set to face winter power demand peaks with greater ease and at lower costs, as the first phase of Tesla’s grid-side energy storage project is scheduled to begin operating within the year, according to a senior executive with the US electric vehicle maker. With a total investment…
A Binguo EV model of Wuling is showcased at its booth in the Jakarta Fair in the capital of Indonesia on July 11. LEONARDUS JEGHO/CHINA DAILY For James Preston Truesdell, driving a bigger car from America in Jakarta means having a driver to take care of him. Having lived in the city as an American-turned-Indonesian…
Consumers select new energy vehicles in a BYD 4S store on March 11 in Qinhuangdao, Hebei province. CAO JIANXIONG/FOR CHINA DAILY BEIJING — China registered a record 5.62 million new energy vehicles (NEVs) in the first half of 2025, marking a year-on-year increase of 27.86 percent, according to data released by the Ministry of Public…
China’s cross-border e-commerce continued its growing momentum in 2024, hitting a new milestone with total volume throughout the year reaching 2.71 trillion yuan ($378 billion), up 14 percent year-on-year, according to data released by the General Administration of Customs.Let’s take a look at the AI video to find out more! Tanks to chinadaily.com.cn Please visit:…
A Hongqi Tiangong 05 electric car is displayed at the 22nd Changchun International Auto Expo in Changchun, Northeast China’s Jilin province, July 12, 2025. [Photo/Xinhua] CHANGCHUN — The 22nd Changchun International Auto Expo opened Saturday in Changchun, capital of Northeast China’s Jilin province, bringing together 118 auto companies around the world to showcase the latest…
Ecarx showcases cars featuring its technology on March 20 in Hangzhou, Zhejiang province. [Photo by Cao Yingying/chinadaily.com.cn] BEIJING — China’s auto production and sales logged double-digit increases in the first half of the year, a sign of vibrant domestic consumption in the world’s second-largest economy, data from the China Association of Automobile Manufacturers showed on…
Staff members operate at an assembly line of the north China base of FAW-Volkswagen in Tianjin, July 7, 2025. [Photo/Xinhua] Despite persistent global headwinds, recent economic data from China have demonstrated resilience in the first half of this year, coupled with a potential de-escalation of tensions between Beijing and Washington, prompting major foreign financial institutions…