French agricultural giant Louis Dreyfus Armateurs order of a deck cargo ship from a Chinese shipbuilder may soon be delivered as it recently commenced mooring trials in China, marking the 17th ship order of this kind. The 17 orders of 13,000-metric-ton deck cargo ships also helped Wuchang Shipbuilding Industry Group in Hubei province solidify its…
China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] FRANKFURT — Nearly two-thirds of respondents in a survey have said that they would consider buying a Chinese car, local German media reported. Up to 59 percent of the people surveyed by the German Automobile Club in Germany indicated that buying a…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China will bring forward part of the investment plans originally set for 2025 to this year while studying to expand the scope that local government special bonds can be used, as part of the country’s stepped-up efforts to spur…
The implementation of the China-ASEAN Free Trade Area 3.0 will foster a more inclusive and sustainable regional economy, bolstering supply chain connectivity and resilience between China and the member states of the Association of Southeast Asian Nations, government officials and business executives said on Friday. China and ASEAN announced the substantial conclusion of CAFTA 3.0…
Aerial view of an integrated power generation plant constructed by Shanghai Electric in Dubai, the United Arab Emirates, in September. [Photo/Xinhua] The Middle East has emerged as a key destination for China’s new energy companies that are expanding overseas, providing vast development opportunities despite increased global trade challenges, said industry experts and company executives. The…
State Grid employees inspect a transmission tower in Taizhou, Jiangsu province, in September. [TANG DEHONG/FOR CHINA DAILY] China’s rapid expansion of new infrastructure is driving significant increases in power demand, particularly in the 5G, artificial intelligence, and electric vehicles sectors, according to industry experts. The increase in computing power, for example, is expected to become…
Visitors check out a new type of Mercedes-Benz’s AMG G63 SUV at the 2024 (18th) Beijing International Automotive Exhibition 2024 held in Beijing, April 25, 2024. [Photo/VCG] German premium carmaker Mercedes-Benz has called the European Union’s decision to impose extra duties on China-made electric vehicles “a mistake”. The statement came shortly after a sufficient number…
The 7th Hongqiao International Economic Forum (HQF) will be held at the National Exhibition and Convention Center (Shanghai) from Nov 5th to 10th. Themed “High-Standard Opening up for Universally Beneficial and Inclusive Economic Globalization”, the forum will feature discussions on building an open global economy and a community with a shared future for mankind, inviting…
China will impose provisional anti-dumping measures on certain brandy imports from the European Union in the form of cash deposits, effective on Friday, said the Ministry of Commerce in an online notice on Tuesday. The deposit rates are set at between 30.6 percent and 39 percent for various European companies, said the notice. In response…
The SAIC Anji cargo ship exports vehicles from Yantai Port in Shandong province on May 15. [TANG KE/FOR CHINA DAILY] BEIJING – China filed a request on Tuesday for consultations with Türkiye at the World Trade Organization over tariffs and licensing measures for imported electric vehicles and other vehicles from China, the Ministry of Commerce…