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China willing to share BDS expertise with nations

China is willing to partner with other countries in sharing the development results of the Beidou navigation satellite system, or BDS, especially in exploring its potential in regional short message communication, services and international rescue efforts, a senior official of the National Development and Reform Commission said on Thursday. Xiang Libin, deputy minister of the…

Summit expected to discuss financial cooperation

A Chinese engineer (center) discusses with local employees at a production line of television sets operated by manufacturer Hisense in Cape Town, South Africa, in August. WANG LEI/XINHUA Progress in BRICS financial cooperation to facilitate international trade is expected to be made at the BRICS Summit in Kazan, Russia, according to South African analysts. “It…

Hangzhou at vanguard of power efficiency monitoring

In the control room of State Grid Jiande Power Supply Co’s comprehensive energy center in Hangzhou, Zhejiang province, Zhang Wenrui, a grid technician, closely checks data from a local company’s 0.34 megawatt distributed photovoltaic station. By monitoring the annual photovoltaic utilization hours and efficiency degradation rate of Jiande Pengcheng Plastic Co Ltd on Oct 18,…

Platform focuses on inclusivity

A Financial Street Forum event titled Project mBridge: Bridging Global Economies with CBDCs, is held on Wednesday. [Photo/Xinhua] Project mBridge — a platform for experimenting with central bank digital currencies (CBDCs) including the e-CNY for cross-border payments — is open to cooperation with traditional payment infrastructure and any US dollar usage, said officials and experts…

WIC unveils new initiatives for upcoming Wuzhen Summit

The World Internet Conference (WIC) International Organization held a press conference in Beijing on Oct 24, during which it was announced that the 2024 WIC Wuzhen Summit will take place from Nov 19 to 22 in Wuzhen, East China’s Zhejiang province. This year’s summit promises a series of exciting new initiatives, including the establishment of…

China’s express delivery revenue surpasses 1t yuan in Q1-Q3

Workers sort packages at a parcel delivery center. [Photo/VCG] In the first three quarters, the revenue of the express delivery sector exceeded 1 trillion yuan ($140 billion), with a year-on-year growth of 14.1 percent, said the State Post Bureau on Tuesday. During the same period, China’s express delivery volume reached 123.77 billion pieces, a year-on-year…

BMW, Mercedes-backed charging brand unveiled

A BMW i7 and a Mercedes EQS are seen at one of IONCHI’s first charging stations in Beijing. [Photo provided to chinadaily.com.cn] IONCHI, an ultra-fast charging brand based in Beijing, launched its first seven public charging stations on Thursday following two weeks of trial operations. This marks a major milestone in the company’s mission to…

Investment promotion attracts global participants

[Photo provided to chinadaily.com.cn] The 2024 Investment Promotion Conference in Support of the 7th China International Import Expo took place in Shanghai on Tuesday to spotlight investment opportunities and the upcoming CIIE in the city. Organized by the Shanghai Commission of Commerce and the Jing’an District Government, the event attracted more than 230 attendees, including…

AI and the digital future in 2024 World Internet Conference

A news conference of 2024 World Internet Conference Wuzhen Summit held in Beijing, Oct 24, 2024. [Photo provided to chinadaily.com.cn] The 2024 World Internet Conference Wuzhen Summit will be held from Nov 19 to 22 in Wuzhen, East China’s Zhejiang province, according to a news conference on Thursday. Having the theme “Embracing a People-Centered and…