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Sonova to expand AI-powered hearing aids

Arnd Kaldowski, CEO of Switzerland-based multinational hearing solutions provider Sonova, says he believes that visiting China “at least three times a year” is important. [CHINA DAILY] To Arnd Kaldowski, CEO of Switzerland-based multinational hearing solutions provider Sonova, visiting China “at least three times a year” is important, quoting one of his former bosses to explain,…

Citi increases focus on clean power, green finance amid energy transition

A view of Citi’s Shanghai office in October 2021. [CHINA DAILY] During a weeklong visit to China last month, Cathy Shepherd, the global head of Citi’s corporate banking for clean energy transition, met with clients across the geothermal, wind, solar and electric vehicle supply chains in multiple cities including Beijing, Shanghai and Hangzhou. Shepherd’s latest…

SAIC delivers vehicles to CIIE dignitaries

A total of 750 vehicles were delivered by SAIC Motor Corp Ltd on Saturday for the reception of dignitaries attending the upcoming seventh China International Import Expo, sources said. “The 750 cars cover SAIC’s major brands including Roewe, Audi, and Cadillac, which represent the latest and most cutting-edge innovation of the group,” said Jia Jianxu,…

SAIC gifts 750 latest cars for CIIE dignitaries

750 vehicles in total were delivered by SAIC Motor Corp Ltd on Oct 12 for the reception of dignitaries attending the upcoming seventh China International Import Expo. [Photo provided to chinadaily.com.cn] A total of 750 vehicles have been delivered by SAIC Motor Corp Ltd to transport dignitaries attending the upcoming seventh China International Import Expo.…

Wuchang Shipbuilding eyes bigger global biz

French agricultural giant Louis Dreyfus Armateurs order of a deck cargo ship from a Chinese shipbuilder may soon be delivered as it recently commenced mooring trials in China, marking the 17th ship order of this kind. The 17 orders of 13,000-metric-ton deck cargo ships also helped Wuchang Shipbuilding Industry Group in Hubei province solidify its…

Poll: Chinese cars popular in Germany

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] FRANKFURT — Nearly two-thirds of respondents in a survey have said that they would consider buying a Chinese car, local German media reported. Up to 59 percent of the people surveyed by the German Automobile Club in Germany indicated that buying a…

NDRC brings forward investment plans

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China will bring forward part of the investment plans originally set for 2025 to this year while studying to expand the scope that local government special bonds can be used, as part of the country’s stepped-up efforts to spur…

CAFTA upgrade to boost cooperation

The implementation of the China-ASEAN Free Trade Area 3.0 will foster a more inclusive and sustainable regional economy, bolstering supply chain connectivity and resilience between China and the member states of the Association of Southeast Asian Nations, government officials and business executives said on Friday. China and ASEAN announced the substantial conclusion of CAFTA 3.0…

New energy firms eye Middle East for growth

Aerial view of an integrated power generation plant constructed by Shanghai Electric in Dubai, the United Arab Emirates, in September. [Photo/Xinhua] The Middle East has emerged as a key destination for China’s new energy companies that are expanding overseas, providing vast development opportunities despite increased global trade challenges, said industry experts and company executives. The…

Sustained infrastructure expansion driving electricity demand in nation

State Grid employees inspect a transmission tower in Taizhou, Jiangsu province, in September. [TANG DEHONG/FOR CHINA DAILY] China’s rapid expansion of new infrastructure is driving significant increases in power demand, particularly in the 5G, artificial intelligence, and electric vehicles sectors, according to industry experts. The increase in computing power, for example, is expected to become…