Brembo and NBHX have inked deals to build a joint venture that localizes its brake-by-wire platform Sensify in China. [Photo provided to chinadaily.com.cn] Italian braking technology company Brembo is deepening its push into China’s fast-evolving intelligent vehicle sector through a new partnership with Ningbo Huaxiang Electronic Co aimed at localizing its next-generation brake-by-wire platform, Sensify.…
A staff member (right) promotes Wonderful Pistachios at an event in Daly City, California, on Feb 7. ALEXANDER TAMARGO/GETTY IMAGES Driven by rising demand for healthy snacks among Chinese consumers, nut growers in California, the United States, are expected to export 111,000 metric tons of pistachios to China in the 2026 crop year (Sept 1,…
People learn about Russian handicrafts during a cultural exchange event in Manzhouli, Inner Mongolia autonomous region, on Dec 20. LIAN ZHEN/XINHUA From Manzhouli Port in North China’s Inner Mongolia autonomous region to Russia’s Zabaykalsky Krai and Irkutsk Oblast, bustling cross-border trains and a steady two-way flow of tourists highlight thriving industrial cooperation in grain processing,…
Youssef Rouissi, deputy CEO of Attijariwafa bank, speaks at the China-Africa Financial Bridges Forum 2026 in Beijing on Wednesday. CHINA DAILY The China-Africa corridor is emerging as one of the world’s most important economic partnerships as cooperation shifts beyond traditional resource trade toward industrial development, green investment and deeper supply-chain integration, business and financial leaders…
Chinese wireless communications module maker Quectel Wireless Solutions sued the US Department of Defense recently after Washington placed the company on a blacklist of firms allegedly linked to China’s military. “Quectel has always operated with integrity, transparency and full compliance with the laws and regulations of every jurisdiction in which we do business,” the company…
Every year, more than 1.5 million Russians cross the border into China, a country they see as full of opportunities. More than 50,000 Russians have already settled across the nation. From the chilly province of Heilongjiang to the tropical island of Hainan, from the bustling metropolis of Shanghai to the historic capital of Beijing, an…
China’s tax authorities have deepened the rectification of the so-called invoicing economy to curb irregular investment attraction while ensuring the normal invoicing needs of compliant enterprises. From January to April, the invoiced amount in six industries with a high concentration of enterprises involved in irregular investment attraction — including the comprehensive utilization of waste resources;…
Luxeed, a joint brand of Chery and Huawei, showcases its models at Auto China 2026 in Beijing in late April. LI FUSHENG/CHINA DAILY Rapid technological convergence and intensifying competition are making cars increasingly similar in China’s new energy vehicle industry, raising questions about profitability and long-term differentiation in the world’s largest auto market. Speaking during…
A boy enjoys ice cream at a Magnum pop-up store on Hubin commercial street in Hangzhou, Zhejiang province, on May 4. CHINA DAILY At a sprawling factory in Taicang, Jiangsu province, Peter ter Kulve, CEO of The Magnum Ice Cream Company, watched as a robot dog patrolled the factory complex. Nicknamed Ne Zha, the robot…
CAI MENG/CHINA DAILY As the global wave of green transition accelerates, major-power competition is increasingly intertwined with the green economy race. The European Union, once a pioneer and leader in the global green transition, is now facing growing concerns over its technological and industrial competitiveness, and remains highly vigilant about China’s position in global green…