Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April. CHINA DAILY Mercedes-Benz Group announced a massive investment plan on Wednesday to enrich its portfolio of locally made vehicles in China, its largest market in the world. Together with its Chinese partners, it is planning to spend over 14 billion yuan…
A model of the Beidou Navigation Satellite System is exhibited at the 6th Digital China Summit in Fuzhou, Fujian province, on Thursday. [PHOTO/CHINA NEWS SERVICE] China will ratchet up resources to advance the construction of the 5G network, expand the application of 5G technology in various fields, and promote the research and development of 6G,…
Chinese display panel maker BOE Technology Group Co Ltd will invest more than 100 billion yuan ($14.05 billion) in technological research and development by 2030, and is doubling down on new-generation semiconductor displays represented by organic light-emitting diodes, a top company executive said. Chen Yanshun, chairman of BOE, said the company has accumulated core technological…
An aerial view of Sino-Metals Leach Zambia. CHINA DAILY Sino-Metals Leach Zambia, or Sino-Metals, a subsidiary of China Nonferrous Metal Mining (Group), or CNMC, is China’s first large-scale copper hydrometallurgy enterprise invested overseas. Located in the Zambia-China Economic and Trade Cooperation Zone in Kalulushi town, Sino-Metals was registered locally and established in 2004 as a mining…
The text-to-video Sora model is on display on a smartphone with the OpenAI logo visible in the background in this photo illustration in Brussels, Belgium. [Photo/Agencies] ChatGPT maker OpenAI from the United States stepped up the global artificial intelligence race in mid-February when it unveiled its text-to-video generation tool Sora. That made me wonder —…
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…