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…
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…
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…
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,…
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…