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ASEAN reducing reliance on external currencies

A container is unloaded from a ship onto a truck at Tanjung Priok Port in Jakarta, Indonesia, Feb 12, 2025. [Photo/Agencies] KUALA LUMPUR — Greater economic integration among members of the Association of Southeast Asian Nations is accelerating efforts to build an independent and resilient regional financial system, aimed at reducing reliance on external currencies…

Move to streamline auto supply chain

A vehicle is assembled on an automated production line in Beijing. ZHENG HUANSONG/XINHUA In a significant move to protect the rights and interests of small businesses within the automotive supply chain, the Ministry of Industry and Information Technology activated a specialized online complaint channel. The online reporting window for key automakers’ payment commitment compliance records…

VW extends China chief’s contract as NEV strategy gains pace

Oliver Blume (left), chairman of the board of management of Volkswagen AG, and Ralf Brandstaetter, chairman and CEO of Volkswagen Group China, answer questions in an interview with China Daily at Auto Shanghai in April 2025. [Photo provided to chinadaily.com.cn] Volkswagen AG has extended the contract of Ralf Brandstaetter, its group board member for China,…

Enterprises should strive for ‘China Creation’

Being the first manufacturer in Asia to roll out mass production of 3D vision chips, Orbbec integrates the technology into multiple fields, empowering robots with vision chips and striving to achieve the “China Creation” vision of idea to end product development within the country, said Huang Yuanhao, founder, chairman and CEO of Orbbec, during the…

Autonomous car rental service launched in China

Apollo, Baidu’s autonomous driving unit, and CAR Inc, a leading car rental company in China, have launched the world’s first autonomous car rental service available to the general public. Built on Apollo’s Level 4 autonomous driving platform, the service is closely integrated with CAR Inc’s nationwide rental network and fleet operations. It is the first…

Five outstanding social responsibility practice achievements of State Grid Jiangsu Electric Power showcased at the ‘2025 Eco-Forum Global Guiyang’

[Photo provided to chinadaily.com.cn] On July 7, at the 2025 Eco-Forum Global Guiyang, State Grid Jiangsu Electric Power Co Ltd won important awards at the forum with its innovative practices in the fields of Environment, Social and Governance (ESG), becoming a highlight among central energy enterprises at this year’s forum. Among them, one achievement was…

China-led intl standard for autonomous driving test scenarios released

This photo shows a screen display inside a Pony.ai robotaxi in Nansha district of Guangzhou, South China’s Guangdong province, March 11, 2025. [Photo/Xinhua] BEIJING – An international standard on test scenarios for autonomous driving systems has been officially released, the Ministry of Industry and Information Technology of China said on Monday. The standard, led by…

Feel-good factor: auto brands host events to connect with youth

212 unveils the upgraded T01 off-roader at a music festival in Qingdao, Shandong province, on June 28. CAO YINGYING/CHINA DAILY Automakers are using immersive interactions to transform technological prowess and brand culture into scenarios that young customers can participate in, as part of wider efforts to gain attention in the fiercely competitive automotive market. In late…

Optimism as sales see strong growth

Visitors take pictures of an XPeng Mona M03 at an event on May 28 in Beijing. LI FUSHENG/CHINA DAILY Major carmakers in China have concluded the first half with positive growth, bracing themselves for possible record-high deliveries in the year. BYD topped the chart with deliveries of 2.14 million vehicles, up 33 percent year-on-year. It…

Summer box office heating up

Posters of domestic and international blockbusters attract movie-goers at a cinema in Shanghai on June 25. CHEN YUYU / FOR CHINA DAILY  With millions of students beginning their summer vacation, theaters across the country are raising the stakes to contend in the fiercely competitive market. As of Sunday, the summer box office — the year’s…