BEIJING — China National Nuclear Corporation announced Saturday that the country’s largest natural uranium project has produced its first barrel of uranium, marking a new phase of sustainable and smart uranium mining in China. Located in Ordos in North China’s Inner Mongolia autonomous region, the “National No 1 Uranium” demonstration project, the country’s largest natural…
BEIJING – China’s passenger car sector recorded a double-digit growth in retail sales in June as the country’s policies to boost consumption continued to take effect, the China Passenger Car Association (CPCA) said on Tuesday. Last month, retail sales of passenger cars in China grew by 18.1 percent year-on-year to exceed 2.08 million units, data…
China’s automotive industry is redefining speed, efficiency, and market leadership through a pioneering operating model, positioning itself as a global driver of innovation amid accelerating disruptions, according to the 2025 AlixPartners Global Automotive Outlook. The report reveals that Chinese new energy vehicle manufacturers can now bring vehicles to market twice as fast while investing 40…
GAC Fiat Chrysler Automobiles, the joint venture between Stellantis and China’s Guangzhou Automobile Group, has been declared bankrupt, marking the formal end of a once-promising partnership that brought the Jeep brand to Chinese consumers. The company posted images of a ruling by a court in China’s Hunan province confirming the bankruptcy declaration on its official…
Avatr and Kasrawy representatives ink the general distributor deal in Cairo, capital of Egypt, on July 7, 2025. [Photo provided to chinadaily.com.cn] Chinese NEV maker Avatr Technology has signed a general distributor agreement with Egypt’s Kasrawy Group, marking its entry into Africa as part of a broader push to expand its international footprint. The agreement,…
Jens Hinrichsen, executive vice-president and general manager of Analog and Automotive Embedded Systems at NXP Semiconductors, speaks at an event in Dalian, Liaoning province, on July 2, 2025. [Photo provided to chinadaily.com.cn] NXP Semiconductors is stepping up its commitment to the Chinese automotive sector, as the Dutch chipmaker deepens local engagement, accelerates innovation, and co-creates…
Visitors look at a hybrid transmission system developed by ZF at the Shanghai Auto Show on April 26, 2025. [Photo/VCG] The world’s number-one passenger vehicle chassis provider, ZF, forecasts that by the end of the decade it will have 33 percent global market share of chassis business and its passenger car chassis products will achieve…
[Photo/VCG] China is willing to work with the European Union to further expand bilateral market access, strengthen dialogue on government procurement and export controls, and deepen collaboration along industrial and supply chains, the Ministry of Commerce said on Thursday. “We hope the European side will approach bilateral economic and trade relations with a detached perspective,…
Zhang Xiaoyan China is well positioned to meet its preset annual growth target this year, supported by pro-growth policies, a resilient domestic market and rapid advances in technological innovation, said a renowned economist. Zhang Xiaoyan, associate dean at Tsinghua University’s PBC School of Finance, expressed confidence in the foundations of the Chinese economy, even as…
Employees work at the car production workshop of Volkswagen Anhui in Hefei, Anhui province, in May. CHINA DAILY HEFEI — As China emerges as a global hub for smart manufacturing and technological innovation, German companies are ramping up their presence and partnerships in the country, moving beyond traditional technology transfer to embrace joint R&D and ecosystem-level…