Skip to content

News

Export control rules on dual-use items introduced

Containers carrying goods for export are seen in Qingdao Port, East China’s Shandong province. [Photo/VCG] The State Council, also known as China’s Cabinet, has recently rolled out regulations on the export control of dual-use items, which will take effect on Dec 1. The new regulations are not intended to prohibit exports of dual-use items, but…

China to support listing of innovative SMEs on Beijing Stock Exchange, ‘new third board’

Pedestrians pass an office building of the Beijing Stock Exchange. [Photo/China News Agency] BEIJING – China will intensify its support for the listing of high-quality innovative small and medium-sized enterprises (SMEs) on the Beijing Stock Exchange and the “new third board,” a financing platform designed for SMEs. This initiative is outlined in a strategic cooperation…

New power grid project begins operations in Jiangsu

A 500-kilovolt power grid project commenced operations in East China’s Jiangsu province recently, to address the surging power demand, marking the first of its kind in the region this year, said the project’s managing company State Grid Taizhou Power Supply Co. It will be the first 500 kV gas-insulated substation in Taizhou city, which is…

Bosch opens two NEV-related plants

Stefan Hartung, chairman of the board of management of Robert Bosch. [Photo provided to China Daily] German auto parts supplier, Bosch, inaugurated two new plants in China last week to meet the growing demand for key components in the new energy vehicle sector, underscoring its commitment to investment and optimism about prospects in the country.…

Incremental policy package to strengthen nation’s growth, expert says

Zou Yunhan, deputy director of the Macroeconomic Research Office at the State Information Center’s Department of Economic Forecasting, highlighted in an interview with ChinaPerspectives that China’s economy will likely pick up in the fourth quarter, propelled by the incremental policy package. “With the stimulus package taking effect and the continued strengthening of the endogenous driving…

Nation’s EV makers dominate in Paris

Members of the public inspect Leapmotor’s T03 on display at the 2024 Paris Motor Show on Oct 14. [Photo/Xinhua] Chinese automakers took center stage at the Paris Motor Show with their cutting-edge new energy vehicles, showcasing their determination to venture into European markets despite the possible imposition of hefty tariffs on China-made electric vehicles. The…

China’s tunneling marvel hits construction milestone

The shield machine conducts a pipe segment lifting operation in Shanghai, Oct 20, 2024. [Photo/Xinhua] On Oct 20, China’s self-developed world’s largest diameter high-speed railway shield machine, called Linghang, excavated its 1,000th ring segment in the construction of the Chongtai Yangtze River Tunnel on the Shanghai-Chongqing-Chengdu High-speed Railway. This tunnel, spanning 14.25 kilometers, links the…

Saudi Arabia aims to attract up to 5 million Chinese tourists by 2030

A Chinese resident interacts with one of the hosts during the Saudi Tourism Festival held in Beijing on Oct 17, 2024. [Photo provided to chinadaily.com.cn] Driven by the tangible progress of the Belt and Road Initiative and strengthened political and economic relations, Saudi Arabia aims to attract up to 5 million Chinese tourists by 2030,…

As landmark Fiat stalls, Italy’s Turin struggles to avoid decline

People pass next a closed part of the Franco-Italian automaker Stellantis factory of Mirafiori, in Turin, Italy October 16, 2024. [Photo/Agencies] Located at the foot of the Alps in north-west Italy, Turin is where Fiat, now part of multinational Stellantis, was co-founded by the Agnelli family 125 years ago. Now it is grappling with the…