Rental cars at an automobile rental depot of Europcar Mobility Group in Hamburg, Germany, in 2021. STEFANIE LOOS/GETTY IMAGES Low residual values for electric vehicles have pushed European leasing firms to raise prices and some are threatening to quit the business altogether if they are forced to go electric too fast, according to a report. Different…
A visitor to the Temple of Heaven in Beijing uses a paper bag to protect herself against the sun. [Photo/Xinhua] SHANGHAI – Armed with umbrella, hat, mask, sunglasses and ice sleeves, Wu Xiaoyan, a 38-year-old Shanghai resident, steps out on summer days fully shielded from the sun, and to such an extent that even acquaintances…
[Photo/VCG] BEIJING – Companies listed on China’s A-share market maintained steady operation in the first half (H1) of the year, data from the China Association for Public Companies showed. The combined operating revenue of the listed companies reached 34.89 trillion yuan ($4.9 trillion) during this period and their net profits stood at 3.13 trillion yuan,…
A humanoid smart robot works at an auto production facility in Ningbo, Zhejiang province.[ZHENG XUEXIONG/FOR CHINA DAILY] BEIJING — China’s new growth drivers have gained momentum last year as the country continued efforts to foster economic vitality and encourage technological innovation, official data showed Saturday. The new growth driver index, compiled by the National Bureau…
Export-bound battery-powered electric vehicles await shipment at Yantai Port, Shandong province. TANG KE/FOR CHINA DAILY Chinese makers of battery-powered electric vehicles are “gravely concerned” over any European Commission move to levy long-term countervailing duties on imports of BEVs from China, as they are seriously considering Europe as a major investment destination, said the China Chamber of…
A robot on display at the 2024 World Robot Conference, which kicked off in Beijing on Wednesday. LI MUYI/FOR CHINA DAILY Heightened efforts are needed to strengthen international cooperation in the robotics industry, speed up the application of robots in a wider range of industries, and jointly build efficient and stable robotics industry and supply chains,…
China’s economic growth and the expansion of its debt are intricately intertwined, with the synchronized growth of debt and asset accumulation exemplifying the unique characteristics of the country’s economic development. A comprehensive understanding of China’s national conditions is essential for discussing local debt risks and the effectiveness of debt resolution measures. Since the 18th National…
Employees from a subsidiary of China Shipbuilding Industry Corp install clean-energy equipment in Nantong, Jiangsu province. [Photo/Xinhua] While central regulators have placed more emphasis on State-owned enterprises’ market value, the overall quality of such A-share companies should be further improved so that investors can benefit from their higher profitability and the country’s high-quality development can…
BYD showcases three models at an experiential event held in Lahore, Pakistan, on Aug 17, 2024. [Photo provided to chinadaily.com.cn] Chinese new energy vehicle maker BYD is to launch three models soon in Pakistan, as it steps up efforts to explore overseas markets. The Sealion 6, Seal, and ATTO 3 were showcased at an experiential…
This photo shows an exterior view of the venue for the 2024 World Robot Conference in Beijing, Aug 21, 2024. [Photo/Xinhua] The 2024 World Robot Conference featuring 169 companies showcasing over 600 innovative products, including more than 60 new launches, began in Beijing on Wednesday. Tanks to chinadaily.com.cn Please visit: Our Sponsor