DALIAN – Egg, corn starch and hog options have been listed on the Dalian Commodity Exchange (DCE) starting Friday, bringing the total number of options on the DCE to 16. The DCE has successively launched egg, corn starch and hog futures since 2013, effectively assisting enterprises on relevant industrial chains with risk management. In 2023,…
Employees work on a display unit production facility in Guiyang, Guizhou province, in February. QU HONGLUN/CHINA NEWS SERVICE Despite continuous growth in China’s home appliance exports this year, the country must remain clearheaded in the face of a complex and volatile international trade environment, experts said. “Thanks to a rebound in international demand and inventory…
A technician conducts a road test on a self-driving vehicle in Wuhan, Hubei province, on July 4. [Photo/Xinhua] Vehicle-road-cloud integration is crucial for advancing the next phase of industrial applications for intelligent connected vehicles, with pilot projects nationwide showing significant progress, said industry experts. More complex than single-vehicle intelligence, vehicle-road-cloud integration uses artificial intelligence and…
In 2023, 13.74 million new energy vehicles were sold globally, an increase of 36 percent year-on-year, according to a report of askci.com on Feb 26. Data from Askci and GGII showed, the installed capacity of power battery reached about 707.2GWh, an increase of 42 percent year-on-year. Among them, China’s installed capacity of power battery accounted…
A humanoid smart robot works at an auto production facility in Ningbo, Zhejiang province.[ZHENG XUEXIONG/FOR CHINA DAILY] More companies in China will increase investments in digital technologies and drive continuous transformation through advanced technologies led by artificial intelligence, as generative AI can unlock an additional $2.86 trillion in economic value in China by 2038, according…
Technicians check solar panels in Zhoushan, Zhejiang province. [Photo by YAO FENG/FOR CHINA DAILY] BEIJING – China has made historic breakthroughs in green and low-carbon energy development over the past decade amid its quest for a sustainable future, according to a white paper issued Thursday. As China continuously pushed reform of its energy production and…
A view of the booth of Meitu Inc during an expo in Fuzhou, Fujian province. CHINA DAILY XIAMEN – Chinese internet company Meitu reported on Wednesday that its revenue in the first half of 2024 increased by 28.6 percent year-on-year to 1.62 billion yuan ($227.5 million). During the period, Meitu recorded an adjusted net profit…
While the renminbi’s internationalization has been advancing steadily amid the completion of related institutional arrangements and rising international investor interest in yuan-based assets, continued efforts can be made to facilitate the development of the offshore RMB market so that the currency can play an even bigger role globally, said experts. Their comments come as the…
Cars that are part of a vehicle trade-in program are on display at an auto expo in Yantai, Shandong province. [TANG KE/FOR CHINA DAILY] China’s new round of vehicle trade-in program, initiated recently, is part of the country’s efforts to further catalyze the consumption of big-ticket items and boost economic growth in the second half,…
The SAIC Anji cargo ship exports vehicles from Yantai Port in Shandong province on May 15. [TANG KE/FOR CHINA DAILY] Chinese carmakers and the country’s leading auto association have expressed opposition to the EU’s latest draft plan on charging extra duties on China-made EVs but said they remain committed to exploring European markets. In July,…