Brazilian mining company Vale SA logo and trading symbol are displayed on a screen at the New York Stock Exchange (NYSE) in New York, US. [Photo/Agencies] Vale and HBIS Group signed a Memorandum of Understanding in Beijing on Thursday to deepen collaboration on decarbonization and jointly promote the green and low carbon development of the…
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A BMW M5 model is showcased at the 2024 the China International Import Expo in Shanghai. [Photo by Li Fusheng/chinadaily.com.cn] BMW Group is fast-tracking its evolution into a technology-driven company, with China playing a pivotal role in its strategy. The German premium automaker has ramped up investment in research and development, navigating challenges in an…
SHANGHAI — Tesla’s new Megafactory in East China’s Shanghai on Friday exported its first batch of Megapack energy-storage batteries, the company announced. It took the new Megafactory just over a month after its production launch to achieve its first export, with the batteries being transported from Shanghai Port to Australia. This export highlights Tesla’s further…
Sino Biopharmaceutical Limited, or Sino Biopharm, expects to have approximately five innovative products approved in China each year, bringing the total of its innovative products to at least 30 by 2027, the company announced at a conference on Thursday, where it released its 2024 annual results. Such continuous innovation efforts demonstrate the company’s commitment to…
Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in assessing the success of the process, we have asked multinational executives to share with our readers their insights about their business achievements in the past few years and further expectations in the years to come. (From left…
The DeepSeek logo is seen in this illustration taken Jan 27, 2025. [Photo/Agencies] BEIJING — China’s rapid advancements in the artificial intelligence sector, exemplified by DeepSeek, a cost-competitive newcomer among global AI models, have captured global attention and driven capital inflows into the country’s sci-tech capital market. Since February, following Deutsche Bank’s high-profile report declaring…
A truck loads containers at Tangshan Port, North China’s Hebei province. [Photo/Xinhua] Facing headwinds from trade protectionism and a slowing global economy, Chinese manufacturers are driving industrial upgrades to sharpen their edges, with tech-intensive green products gaining increasing traction in emerging markets. Exporters noted that rapid urbanization and industrialization were boosting the demand for advanced…
A saleswoman (left) addresses consumer queries about a washing machine at a shopping center in Hohhot, Inner Mongolia autonomous region, on March 5. [DING GENHOU/FOR CHINA DAILY] China’s latest push to boost consumption — a top priority on the country’s policy agenda for the year ahead — is expected to shore up consumer confidence, unleash…
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