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Private sector may hold key to global connectivity

An aerial drone photo taken on Feb 2, 2024 shows a container vessel berthing at a container terminal of Tianjin Port in North China’s Tianjin. [Photo/Xinhua] Encouraging greater private sector investment in cross-border infrastructure connectivity lies at the heart of advancing inclusive, sustainable global development amid rising uncertainties and global challenges, officials and financial experts…

Rural market in spotlight to tap growth

Two men discuss car models at the 2025 “NEVs Going to the Countryside” campaign in Rugao, Jiangsu province, on June 14. WU SHUJIAN/FOR CHINA DAILY The campaign to promote new energy vehicles in China’s rural areas features a larger and more diversified portfolio this year, catered to evolving consumer demands to unlock consumption potential in the…

Neue Klasse aims to be game-changer for BMW

BMW showcases its Neue Klasse X model at the Shanghai auto show in April 2025. [Photo by Li Fusheng/chinadaily.com.cn] BMW is pinning high hopes on its forthcoming Neue Klasse models, especially in China, where the German carmaker hopes they refresh its brand image and revive its fortunes in the world’s largest and most competitive auto…

Chinese EVs help drive Africa’s green transition

A dealership employee of Chinese electric vehicle manufacturer BYD introduces an EV to a customer in Kigali, the capital of Rwanda, in August 2024. Han Xu / Xinhua From Kenya to South Africa, Chinese electric vehicle manufacturers are ramping up investment in Africa, a move that experts said will accelerate the continent’s shift toward clean…

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…