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China’s logistics sector reports steady growth in first 9 months

Cargo is offloaded from containers at a logistics facility in Rongcheng, Shandong province, in September. [LI XINJUN/FOR CHINA DAILY] BEIJING – China’s logistics sector maintained steady growth in the first three quarters of the year, according to the China Federation of Logistics and Purchasing on Tuesday. During the period, social logistics rose 5.6 percent year-on-year…

Huawei reshaping mobile OS landscape

Yu Chengdong, executive director of Huawei, at the launch of the company’s new mobile operating system on Tuesday in Shenzhen, Guangdong province. BAI YU/XINHUA China’s first homegrown and fully autonomous mobile operating system was launched by tech firm Huawei Technologies Co on Tuesday night, breaking the global OS landscape dominated by Google’s Android and Apple’s…

Detailed fiscal package set to be unveiled

Detailed stimulus policies, including proactive fiscal expansion, are likely to be rolled out to address China’s local government debt issue and facilitate a steady economic recovery, as China’s top legislature is set to convene a highly anticipated session next month. The Standing Committee of the 14th National People’s Congress will convene its 12th session from…

Yangling agri fair brings innovation to doorstep

A view of the 31st China Yangling Agricultural High-Tech Fair held in Shaanxi province’s Yangling demonstration zone. MA ZHAO/FOR CHINA DAILY With an expanded global reach and commitment to pushing the boundaries of agricultural progress, the 31st China Yangling Agricultural High-Tech Fair, held from Friday to Tuesday, brought a fresh wave of global agricultural innovation…

New offshore platform taps into potential of heavy-oil reserves in China

BEIJING — The world’s first mobile thermal-injection platform was recently delivered in China’s Shandong province, offering new opportunities to tap into China’s vast potential for heavy-oil recovery, according to the country’s major marine oil-mining company. China National Offshore Oil Corporation (CNOOC) announced on Thursday that “Recai No 1” or “Thermal Recovery No 1”, the mobile…

Air Serbia to launch Shanghai-Belgrade direct flights in 2025

Air Serbia is to launch direct flights between Shanghai and Belgrade, operated by Airbus A330 aircraft twice a week, starting Jan 11, 2025. [Photo provided to chinadaily.com.cn] Air Serbia has announced the introduction of a new direct flight route connecting Shanghai Pudong International Airport with the Serbian capital of Belgrade, Nikola Tesla Airport, with operations…

Potential vast for global EV cooperation, say experts

Zhang Yongwei, vice-president and secretary-general of the China EV 100, speaks at the Global NEV Cooperation and Development (Shanghai) Forum, on Nov 1, 2024. [Photo provided to chinadaily.com.cn] Experts have expressed optimism regarding the potential for growth and collaboration in the EV sector, reflecting a significant advancement in the global transition toward greener transportation solutions.…

China to introduce new policies in November to boost consumption: official

A consumer (right) learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY BEIJING — China will launch a series of consumption promotion events in five major cities in November and roll out new policies aimed at boosting consumer spending, Vice-Minister of Commerce Sheng Qiuping said Friday.…

Supply chain heft opportunity for global firms

This photo taken on Nov 26, 2023 shows the venue of the China International Supply Chain Expo (CISCE) in Beijing. [Photo/Xinhua] China’s proactive support for global supply chain cooperation will enable both domestic and foreign companies to capitalize on new business opportunities and boost their confidence in investing in its market, the country’s top foreign…

Rio Tinto and China partners to improve EV battery tech

The State Power Investment Corporation.[Photo/SPIC] Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia, the company said on Thursday. Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully…