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31st Lanzhou investment and trade fair draws global participation

An exhibitor (1st L, front) promotes products to guests during the 31st China Lanzhou Investment and Trade Fair in Lanzhou, Northwest China’s Gansu province, July 6, 2025. First held in 1993, the China Lanzhou Investment and Trade Fair serves as a window for the opening of Northwestern China and is a major event for Belt…

Chinese carmakers shifting gears with global factory push

A Brazil-made BYD new energy vehicle rolls off the line at BYD’s production base in Camacari, Bahia State, Brazil, July 1, 2025. [Photo/Xinhua] Chinese carmakers are building up overseas production capabilities, signaling a shift from their exports-based go-global strategy. BYD rolled out its first Brazil-made passenger vehicle from its factory in Bahia state last week,…

Capital market set for further policy boost

More policies aimed at stabilizing and advancing the Chinese capital market are expected in the near future, as the nation enhances its efforts to facilitate high-quality economic development, according to officials and experts. Strengthening capital markets is seen not only as a domestic priority, but also a strategic response to external shocks, helping to reinforce…

ECARX halves GAS integration time with new approach

Ecarx showcase cars featuring its technology on March 20 in Hangzhou, Zhejiang province. [Photo by Cao Yingying/China Daily] ECARX Holdings Inc said on Thursday it has reduced the integration time for Google Automotive Services by more than 50 percent, cutting the certification process from up to 18 months to just eight. The company detailed the…

Discover the three keys to battery safety

There are three main aspects related to battery safety, said Yin Hao, deputy director of the primary lithium battery research institute at EVE Energy Co Ltd, in an interview with China Daily Website. Click the video to discover the crucial factors of battery safety. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Innovations raise China’s automotive industry to new heights

Customers inspect a Xiaomi YU7 at a store in Yantai, Shandong province on June 21, 2025. [Photo/VCG] Riding on the waves of electrification, intelligence and sustainability, China-based car manufactures are innovating to help elevate the country’s automotive industry to new heights. Amid the reshaping of the global automotive industry, China has achieved a rapid transformation…

Japanese firm Lixil opens center in Guangzhou to back new products, cut lead times

Japanese housing and building material product company Lixil launched its International Competence Center in Guangzhou, Guangdong province, on Wednesday. Located in Guangzhou’s Panyu district, the center supports new product development and reduces lead times, especially for components and sub-assemblies coming from key Chinese suppliers, with a cross-functional team. It is also designed to support research…

‘Vehicles plus supply chain’ key to Chinese automakers going global

BYD vehicles bound for Brazil await shipment in Lianyungang, Jiangsu province. [WANG CHUN/FOR CHINA DAILY] As Chinese automakers evolve from manufacturing hubs to global rule-setters, leveraging their mature intelligent new energy vehicle supply chains to empower local industries abroad becomes an important path to going global, experts have said. Zhang Yongwei, vice-president and secretary-general of…

Handset vendors expanding international sales

Visitors check out Honor’s booth at Mobile World Congress 2025 in Barcelona, Spain, on March 3. ZHAO DINGZHE/XINHUA Chinese smartphone vendors are ratcheting up resources to expand their presence overseas, despite external challenges, as they bet on the international market as key to building up their global brand cachet. Honor Device Co Ltd, for example,…

Nio expects to turn profitable in Q4

Employees work at a Nio auto assembly line in Hefei, Anhui province. CHU WEIWEI/CHINA NEWS SERVICE Chinese electric vehicle maker Nio said it is confident to “turn profitable” in the fourth quarter of this year, as the company sees delivery volumes stabilizing, margins improving and a global expansion strategy taking shape under a new partnership-led…