A view of the Mandarin Oriental Qianmen hotel in Beijing. The company has vowed more investments in China to further tap growing local demand. CHINA DAILY Mandarin Oriental Hotel Group said it will continue to invest in different cities in China — a massively important market, to satisfy the growing demand of discerning and sophisticated Chinese…
CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Petroleum Brasil Ltda, a wholly owned subsidiary of CNOOC Limited, has entered into four concession contracts for exploration blocks offshore Brazil with the Brazilian National Agency for Petroleum and the partners in the Pelotas Basin, in an announcement on Thursday. The…
Humanoids of Unitree Robotics at the World Robot Conference in Beijing in August. CHINA DAILY In Hangzhou, East China’s Zhejiang province, a sleek silver humanoid robot, standing at an impressive 180 centimeters, made an unexpected appearance among a group of “dancing grannies” performing a lively exercise routine. To the grannies’ amazement, their robotic partner wasn’t just…
A pedestrian walks past a real estate agency in Shanghai. [CHINA DAILY] The rapid recovery of pre-owned home transactions in the largest Chinese cities is widely attributable to a series of local optimization measures implemented at the end of September, which are expected to boost market confidence and stabilize property sector development nationwide, said industry…
Visitors check out a humanoid robot at the World Robot Conference in Beijing in August. LI MUYI/FOR CHINA DAILY When I recently visited Unitree Robotics, a cutting-edge Chinese humanoid robot company in Hangzhou, Zhejiang province, I decided to test their creation in a unique way. I volunteered for an experiment — having both the robot and…
A gamer showcases promotional material for Black Myth: Wukong in Shanghai. Aug 21, 2024. [Photo/VCG] China’s gaming industry reached a record high in revenue, hitting 91.77 billion yuan ($12.89 billion) in the third quarter of 2024, marking an 8.95 percent increase year-on-year, according to an industry report released on Wednesday. Thanks to the outstanding performance…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China’s much-anticipated fiscal stimulus package could amount to somewhere around 10 trillion yuan ($1.4 trillion), which would represent reasonable and moderate funding to address the most immediate issues facing the world’s second-largest economy, policy researchers and advisers said. They…
TCL’s booth at a high-tech expo in Barcelona. [Photo/Xinhua] Chinese home appliance makers have intensified efforts to make forays into overseas markets to seek new sources of revenue, and are upgrading and optimizing their products to make them “smarter”, industry experts said. Consumer electronics major TCL Technology Group Corp is beefing up its global operational…
Wind turbines seen at Weifang Port, Shandong province. CHINA DAILY Weifang Port, which is part of Shandong Port Group subsidiary Bohaiwan Port, said it had become China’s first zero-carbon emission port, marking a milestone in the country’s push toward sustainability and green development. China Classification Society Certification Co Ltd, affiliated with the Ministry of Transport, awarded…
Eli Lilly logo is shown on one of the company’s offices in San Diego, California, US, Sept 17, 2020. [Photo/Agencies] US pharmaceutical company Eli Lilly and Co recently announced a roughly $200 million expansion of its manufacturing site in Suzhou, Jiangsu province, that will enable it to increase production of innovative medicines for type 2…