Skip to content

mobile

Cross-boundary Payment Connect system set to boost Hong Kong’s financial role

A view of the Victoria Harbor in Hong Kong. [Photo/IC] The milestone Payment Connect program launched in China on Sunday offers a more convenient and cost-effective solution for cross-boundary transactions, said experts and residents, who highlighted its significance in boosting connections, promoting the internationalization of the renminbi and reinforcing Hong Kong’s position as a financial…

Outgoing CEO reflects on ‘rewarding’ China journey

Stefan Mecha (middle), CEO of Volkswagen China Passenger Cars Brand, speaks at a farewell media roundtable in Beijing on June 17. LI FUSHENG/CHINA DAILY As Stefan Mecha prepares to conclude his tenure as CEO of Volkswagen China Passenger Cars Brand, he departs with a mixture of pride, reluctance, and deep admiration for a market he calls…

Henan bus company thriving in Central Asia

Yutong Bus Co, a leading Chinese bus manufacturer headquartered in Zhengzhou, Henan province, is expected to have its new batch of buses for the Central Asian market officially come off the production line this month, marking new progress in Yutong’s deep integration into the Central Asian market. Since the beginning of this year, Yutong has…

Audi unveils EV ambition with cutting-edge Changchun plant

Kuka robots are working on vehicle bodies at Audi FAW NEV Co’s plant in Changchun, Jilin province. [Photo provided to chinadaily.com.cn] German premium carmaker Audi has underlined its electric ambitions in China with its most advanced production facility, targeting the world’s largest and most competitive auto market. Built with a focus on sustainability, automation, and…

Xiaomi powers EV growth through smart manufacturing

This photo taken on Oct 17, 2024 shows new energy vehicle model SU7 produced by Chinese tech firm Xiaomi displayed during the 2024 World Intelligent Connected Vehicles Conference in Beijing, capital of China. [Photo/Xinhua] BEIJING – Inside a workshop at Chinese tech giant Xiaomi’s electric vehicle (EV) factory, the scene is a stark contrast to…

Gansu’s Dunhuang embraces low-altitude economy with desert views

Tourists ride a helicopter to enjoy the desert scenery from the air on June 10 in the Mingsha Mountain and Crescent Moon Spring scenic area in Dunhuang city, Gansu province. [Photo by Zhang Xiaoliang/for chinadaily.com.cn] Located at the intersection of the ancient Silk Road and the desert oasis, Dunhuang in Northwest China’s Gansu province is…

Xpeng, BP pulse unveil first jointly operated charging station

BP’s electric vehicle (EV) charging brand, BP pulse, and Chinese electric vehicle maker Xpeng Inc recently launched their first jointly operated charging station in Guangzhou, marking the initial step in their strategic partnership announced in January. The Guangzhou station boasts an industry-leading configuration with 30 charging piles and 50 charging guns, including 480kW ultra-fast charging…

BMW urges online integrity, responsibility at internet forum

BMW showcases its Neue Klasse X model at the Shanghai auto show in April 2025. [Photo by Li Fusheng/chinadaily.com.cn] German premium auto manufacturer BMW called for online integrity and responsibility at the 2025 China Internet Civilization Conference, as the first major foreign carmaker to participate in the event held in Hefei, Anhui province from Tuesday…

Carmakers vow to ensure timely payments for suppliers

A robot operates equipment on the assembly line of an automaker in Xi’an, Shaanxi province. YUAN JINGZHI/FOR CHINA DAILY China’s top industry regulator voiced support on Thursday for domestic automakers’ commitments to shorten payment terms for suppliers. The move is believed to have great significance in curbing destructive cutthroat competition and promoting the healthy development…

Chinese ministry backs carmakers’ payment commitment to suppliers

A robot operates equipment on the assembly line of an automaker in Xi’an, Shaanxi province. YUAN JINGZHI/FOR CHINA DAILY BEIJING — China’s Ministry of Industry and Information Technology (MIIT) on Thursday voiced support for a commitment made by multiple carmakers to cap the term of payment for their suppliers at 60 days, saying that the…