Two quality assurance workers inspect a car body at Audi and FAW’s NEV joint venture. [Photo provided to chinadaily.com.cn] The “digital-intelligent war” in China’s auto industry, spearheaded by domestic brands, is reaching a fever pitch, marking an epic transformation from “trading market for technology” to “setting global standards with technology”. Last year, new energy vehicles,…
“We are very excited about the opportunities in China. The policies that we see being implemented continue to encourage companies like us to invest and grow here, that’s something we are very keen to do,” Stu Sayers, president of Asia-Pacific and Latin America, Cochlear Ltd, an Australian company focusing on implantable hearing solutions, said in…
Potential homebuyers look at a property model in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE China’s policymakers have vowed to adopt a city-specific approach for fine-tuning or slashing restrictive measures in home purchases, and stem the downturn as well as restore stability in the real estate market. Officials and experts said this will better anchor market…
BEIJING — Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 2.54 percent to 3,240.94 points. The Shenzhen Component Index closed 3.77 percent higher at 10,165.17 points. The combined turnover covered by the two indices stood at 1.35 trillion yuan ($187.92 billion), up from 966.4 billion yuan on the previous trading…
China will impose additional tariffs ranging from 25 percent to 100 percent on certain imports from Canada starting on March 20, the Customs Tariff Commission of the State Council announced on Saturday. This decision follows the North American country’s move to levy additional tariffs on Chinese electric vehicles, steel and aluminum products in October last…
Zhejiang province in East China will bolster the development of new quality productive forces and accelerate the construction of a modern industrial system with local characteristics, aiming to nurture new growth drivers through scientific and technological innovation, said Liu Jie, governor of Zhejiang province. Liu made the remarks at the sidelines of the ongoing two…
In the Food Generator – Rendering of the Productive Wetland project in Puerto Rico, landscape designer Wang Yihui and her team members Shang Yeqing, Fang Wenjing and Liu Yani proposed a wetland-based agroecological model tailored to local climatic conditions and vegetation types. [Photo provided to chinadaily.com.cn] During her academic research and professional practice, distinguished Chinese…
Jiangxi is actively promoting the deep integration of technological and industrial innovation, with enterprises at the forefront and market demand as the guiding force, deputies to the National People’s Congress said during an open day event of Jiangxi’s NPC delegation on Thursday. In the past year, the province launched and implemented the Pioneer 2030 Project,…
Xiang Hui [Photo provided to China Daily] Among the dense forests rich in natural resources in the Changbai Mountain of Jilin province, ginseng, mineral water and Songhua inkstone have attracted people’s attention with their unique value in recent years, earning them the name of “three new treasures” that are iconic to the region. “They are…
The recent rally in Chinese equities still has legs as the ongoing two sessions have reinforced upbeat investor sentiment about the adoption of artificial intelligence leading to more capital inflow and further stock revaluations, said global asset managers and investment banks. Meng Lei, China equity strategist at UBS Securities, said on Friday that he expects…