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XCMG vows to be Europe’s trusted partner in green and intelligent construction: chairman

An XCMG employee works at a production facility in Fuxin, Liaoning province. [Photo/Xinhua] The Xuzhou Construction Machinery Group (XCMG) is firmly establishing itself in the European market to become a key contributor and reliable partner in the region’s transition toward low-carbon, intelligent, and sustainable construction solutions, said Yang Dongsheng, chairman of XCMG. He outlined XCMG’s…

Shanghai expo to standardize, boost the growth of low-altitude economy

Along with a conference on advanced air mobility infrastructure development, the first Advanced Air Mobility Expo, which is set to be held from July 23 to 26 in Shanghai, aims to enhance the standardized infrastructure facilities construction and boost the growth of low-altitude economy, the expo’s organizers said Friday at a news briefing. As part…

China’s financial sector should establish full-spectrum service system, experts say

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China’s financial sector should establish a full-spectrum service system that interconnects equity investment, loans, bonds and insurance, to provide a solid underpinning for the development of the artificial intelligence industry, experts said. The AI industry is characterized by high…

CATL, Ant Group, Hellobike partner to promote smart green mobility

Contemporary Amperex Technology Co Ltd, China’s largest electric vehicle battery provider, signed a strategic cooperation agreement on Monday with Ant Group and e-bike firm Hellobike to jointly promote smart green mobility. In a statement, CATL said the partnership will focus on four key areas, including smart green mobility, digital technology, sustainable operations and green investment,…

WIC Asia-Pacific Summit kicks off in Hong Kong

The 2025 Asia-Pacific Summit of the World Internet Conference (WIC) opens in Hong Kong on April 14. [Photo/wicinternet.org] The 2025 Asia-Pacific Summit of the World Internet Conference (WIC) opens in Hong Kong on April 14. With theme of “Integration of AI and Digital Technologies Shaping the Future – Jointly Building a Community with a Shared…

WICDA Cybersecurity Training Program held in HK

[Photo/wicinternet.org] With the opening of the WIC Asia-Pacific Summit, the WIC Digital Academy Cybersecurity Emergency Response Advanced Training Program kicks off simultaneously in Hong Kong, marking WICDA’s initial attempt to hold a thematic training program focusing on cybersecurity challenges in the AI era. Over 30 high-level representatives from Asian countries and regions, including Indonesia, Laos,…

CNOOC’s new oilfield project commenced production

CNOOC Limited announced on Monday that the Wenchang 9-7 Oilfield Development Project, located in the western Pearl River Mouth Basin, has commenced production. The main production facility is a new drilling and production platform, which leverages the adjacent existing facilities for development. A total of 25 development wells are planned to be commissioned, including 18…

Exports of medicinal and pharma products up by 13.5%

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China’s NEV output, sales see robust growth in Q1

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May 2024. [Photo/Xinhua] BEIJING – China’s new energy vehicles (NEVs) saw robust production and sales in the first quarter of 2025, industry data showed Friday. NEV production surged 50.4 percent year-on-year to 3.18 million units in the first three months,…

Consumption, innovation to boost economy

People enjoy spring time at a park in Lucheng district of Wenzhou city, East China’s Zhejiang province, March 1, 2025. [Photo/Xinhua] As China navigates a shifting global trade landscape and aims to sustain its economic momentum, the country’s growth potential increasingly hinges on unlocking domestic consumption and accelerating structural reforms, said Denis Depoux, global managing…