China remains silent in response to President Trump’s repeated statements about imposing new tariffs on Chinese products. Beyond expressing dissatisfaction, the government is likely waiting for directives from the upcoming Two Sessions—a key event in China’s political calendar—set to take place on March 4 and 5.Meanwhile, analysts debate how these tariffs might affect U.S. consumers,…
Buick announces the fix-priced strategy on Feb 28, 2025. [Photo provided to chinadaily.com.cn] Sino-US joint venture SAIC GM has started a “fixed-price” sales strategy for its Buick marque, in an effort to boost its appeal amid intense competition in the Chinese vehicle market. The transparent, non-negotiable pricing approach, inspired by direct-sales strategies used by new…
Fudan University in Shanghai held the 2025 Humanities and Social Sciences Intelligence Conference themed “AI-driven theoretical innovation and paradigm shift in humanities and social sciences” on Saturday. More than 400 experts from domestic politics, business, academic, and media sectors as well as representatives of teachers of students participated in the event. Focusing on topics, such…
An employee of a Chinese home appliance company addresses visitor queries during an expo in Abu Dhabi in November. [Photo/Xinhua] In a strong demonstration of resilience and innovation, China’s home appliance sector delivered a stellar export performance in 2024, with export value surpassing the $100 billion threshold for a fourth consecutive year, the latest report…
IM Motor’s IM6 models await shipment to Thailand from Shanghai Haitong International Automotive Terminal on Feb 23. [CHINA DAILY] Chinese automakers are ramping up efforts to ship vehicles overseas, exploring growth while navigating uncertainties and policy changes in the global automotive market. The new energy vehicle startup Xpeng shipped the first batch of 300 right-hand…
Technicians check solar panels installed on a former coal mining site in Yuxian county, Shanxi province. ZHU XINGXIN/CHINA DAILY China is expected to add over 200 million kilowatts of renewable energy capacity in 2025, with total power generation reaching about 10.6 trillion kilowatt-hours, according to the country’s top energy authority. Total installed power capacity will…
Chinese and US flags flutter outside the building of an American company in Beijing. [Photo/Agencies] More than 76 percent of polled foreign companies in the Chinese mainland say they plan to continue investing in the country this year, demonstrating their confidence in China’s future economic development and vast market, a recent report shows. According to…
A new BMW X3 goes off-road in Xishuang Banna Dai autonomous prefecture in Yunnan province on Feb 27.[CHINA DAILY] Great tea and great cars are about heritage and innovation, but they are more than that, said BMW Brilliance President and CEO Franz Decker. “It is also about experience, emotion and keeping true to your values,”…
All-solid-state batteries are inevitable in China, as carmakers and battery makers are making breakthroughs in the technology that promises to rid electric vehicle owners of mileage anxiety, said a senior EV and battery expert. Such batteries use solid electrolytes instead of liquid or gel electrolytes. They have the potential to be safer, more energy dense…
A technician checks solar panel products at a new energy tech company in Hefei, Anhui province. RUAN XUEFENG/FOR CHINA DAILY China’s solar power installations are expected to decline in 2025, as the industry cuts excessive production and shifts toward a more rational deployment of photovoltaic projects, according to industry forecasts. China’s newly installed photovoltaic capacity…