China’s latest technological breakthroughs in homegrown deep ultraviolet (DUV) lithography machines mark a significant milestone in the country’s semiconductor manufacturing equipment sector, and will help reduce its reliance on chipmaking technology from foreign counterparts, enhancing the competitiveness of the domestic semiconductor industry, experts said. Their comments came after the Ministry of Industry and Information Technology…
HEFEI – A drone hovered above a home appliance industrial park in eastern Chinese city of Wuhu, Anhui province. Equipped with several detection devices running in sync, it efficiently fed real-time production scenes back to the “smart brain” using a 5G network. “Every manufacturing process is working to improve quality and efficiency,” said Guo Kexiong,…
SHI YU/CHINA DAILY BEIJING – Standing in front of a huge interactive screen, 10-year-old Chen Tengxu was eagerly waiting to see where mythical animals from Chinese fairy tales might pop up. When nine fantastic beasts ran to Chen and his classmates one by one from the snow mountain, the desert and deep sea, their excited…
Brand Finance, a brand valuation and strategy consultancy, published its latest global 500 ranking on the most valuable and strongest global brands on Jan 17. Apple is titled as the world’s most valuable brand worth $516.6 billion. Chinese brands – TikTok and ICBC – ranked at 7th and 10th spot. Among the 500 brands, the…
Smartphone shipments in the Chinese market reached 271 million units in 2023. The figure was 73.63 million units in the fourth quarter of last year, showing an increase of 1.2 percent from the same period of 2022, ending a ten-quarter decline, according to the latest report from market consultancy IDC on Jan 25. Currently, the…
Malaysia, Japan and Thailand have become the top three international destinations for Chinese travelers this summer season (July 1 to Aug 31), according to recent data from Chinese online travel platform Qunar. Data from the platform show that outbound flight bookings for the summer period have surged by 1.6 times compared to the previous year,…
People visit the booth of the Peruvian embassy to China at the China International Fair for Trade Services, which opened in Beijing on Sept 12, 2024. The fair will run through Monday. WANG JING/CHINA DAILY BEIJING – At the 2024 China International Fair for Trade in Services (CIFTIS), dazzling products from the global service sector…
Guangdong’s foreign trade has made significant progress in emerging markets while maintaining good growth momentum in traditional markets during the first eight months of this year. According to a statement released by Guangdong Customs on Friday, the province’s import and export volume with the 17 countries in the Middle East, Latin America and Central Asia…
Christopher Przybylo, board advisor for business expansion in China, from Raben Group NV, said in a recent interview with China Daily Website that companies must focus on building relationships with Chinese business partners and be patient to see returns on investment. Tanks to chinadaily.com.cn Please visit: Our Sponsor
Visitors check out promotional videos at the China Minmetals booth during an expo in Shanghai in May. [Photo provided to China Daily] The A-share market’s increased focus on high-quality development has been reflected in the recent wave of mergers and acquisitions among leading market players and the industrial restructuring initiated by State-owned enterprises. According to…