An Africa-bound freight train leaves Zhuzhou, Hunan province. CHEN SIHAN/XINHUA At a factory in Port Elizabeth, South Africa, workers in blue uniforms meticulously assemble vehicles, while another team maneuver around 300 sport utility vehicles and sedans into a staging area. These cars, manufactured at Chinese carmaker Beijing Automotive Group Co’s plant, will be delivered to its…
Since the establishment of BOC branch in Lusaka, Zambia, in 1997, BOC has continued to expand its presence in Africa and established branches or offices in eight African countries. CHINA DAILY The 2024 Summit of the Forum on China-Africa Cooperation, taking place from Wednesday to Friday in Beijing, has drawn global attention to the growing friendship…
Stacks of steel coils in a factory in East China’s Shandong province, July 31, 2024. [Photo by Yan Xingzhou/chinadaily.com.cn] China’s steel industry has achieved notable advancements in its green transition with major steel enterprises significantly reducing their environmental impact, according to the China Iron and Steel Association (CISA) on Monday. By 2023, energy consumption per…
A view of a plant of China Baowu Steel Group Corp in Ezhou, Hubei province. [Photo by Li Yalong/FOR CHINA DAILY] Further technological innovation is needed to support the steel industry’s high-quality development and its transition to a green, low-carbon future, said experts on Monday. “Whether it’s achieving ultra-low emissions, maximizing energy efficiency, or reaching…
The organizing committee of the Inclusion Conference on the Bund unveils the “2024 Top 10 Hot Topics in Technology and Humanity” ahead of the three-day conference starting Sept 5. [Photo provided to chinadaily.com.cn] As Shanghai gears up to host the 2024 Inclusion Conference on the Bund from Sept 5 to 7, the unveiling of the…
An aerial view of the constructions near Yan’an road in Hangzhou, Zhejiang province, Aug 19, 2023. [Photo/VCG] Chinese cities that have strategically invested in emerging technologies will continue to thrive, as the broader economy still faces challenges both at home and abroad, according to a new report. “Despite geopolitical headwinds impacting China’s economic growth trajectory…
This photo taken on March 8, 2021, shows a sign of WeChat Pay in Changzhou, Jiangsu province. [Photo/VCG] WeChat Pay said on Wednesday that the process of adapting its payment functionalities to the Taobao platform is “underway” in response to a report that Taobao will fully support WeChat Pay on its platform. WeChat Pay said…
Lujiazui, Shanghai’s financial center, forms a perfect backdrop to Shanghai’s Bund. [Wang Gang/For China Daily] SHANGHAI – China’s financial hub Shanghai saw its foreign trade with African countries grow 9.4 percent year-on-year to 218.53 billion yuan ($30.73 billion) in the first seven months of 2024, official data showed Tuesday. This trade volume accounted for 18.4…
CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Limited announced on Wednesday that Wushi 17-2 oilfields development project has commenced production. The oil property is light crude, said the company, who holds 80 percent interest in this project and is the operator. The project is located in the Beibu…
