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Adhesives firm doubles down on energy storage

German adhesive solutions giant tesa is doubling down on China’s booming energy storage sector, leveraging its technical expertise and domestic investments to tap local markets that are transitioning from policy-driven growth to innovation-led competition, a senior executive said. “The energy storage sector is a super attractive market, which is very much driven by China. There…

Henan taps youths’ can-do spirit to spur local economy

In Houhe town of Neihuang county in Henan province, a team of volunteers designed a rural vitalization plan for Yuzhuang village, setting up a cultural and tourism station and an intangible cultural heritage (ICH) workshop, attracting 500 migrant workers back to work. Shi Qiuwen, Party secretary of Yuzhuang, was jubilant, saying: “Previously, all our young…

Transformative opportunities for MNCs

From left to right: James Zhou, chief commercial officer, head of food & feed solutions, and head of Asia, Louis Dreyfus Company; Stephen Buurma, managing director of Messe Frankfurt Asia Holding Ltd; Yin Zheng, executive vice-president, China & East Asia operations, Schneider Electric; Emily Cheng, vice-president of Valvoline Global Operations and general manager for China; Willie Tan, CEO of Skechers China, South Korea and Southeast Asia. [Photos…

Chinese EDA firm offers free access amid US chip software restrictions

Semiconductor chips are seen on a circuit board of a computer in this illustration picture. [Photo/Agencies] In response to recent US restrictions cutting off Chinese semiconductor firms from advanced chip design tools, Shanghai-based UniVista Industrial Software Group announced it will offer free trials and evaluations of its critical electronic design automation or EDA tools to…

Shanghai sees 20 billion yuan spending over Dragon Boat Festival

The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] During the three-day-long Dragon Boat Festival ending Monday, Shanghai reported nearly 20 billion yuan ($2.78 billion) in total online and offline spending thanks to diversified consumption activities and promotions, according to official sources. Total expenditure made on online platforms and in physical stores during…

Slovenian appliance maker Gorenje celebrates 75th anniversary in Shanghai

Gorenje, a home appliance manufacturer originating from Slovenia, marked its 75th anniversary at Design Shanghai 2025. The celebration was attended by Slovenian Ambassador to China Boštjan Malovrh. [Photo provided to chinadaily.com.cn] Gorenje, a home appliance manufacturer originating from Slovenia, marked its 75th anniversary at Design Shanghai 2025 on Thursday, highlighting the brand’s growing presence in…

Policy steps driving growth in service sector

The Inner Street Culture Creative Park is bustling with activity during the night market in Qingxiu district, Nanning, Guangxi Zhuang autonomous region, on April 16, 2024. [Photo/CFP] China’s service sector expanded at a faster pace in May, with new orders growing more quickly than in April, despite uncertainties triggered by the United States’ tariff hikes,…

Qingdao’s hybrid fishery-PV renewable energy project powers grid

The first phase of PowerChina’s large-scale offshore photovoltaic project in Qingdao’s Jimo district begins supplying renewable energy to the grid on Friday. [Photo provided to chinadaily.com.cn] PowerChina’s large-scale offshore photovoltaic project in Qingdao, Shandong province, reached a key milestone as its first phase began supplying renewable energy to the grid on Friday, powering homes through…

Saudi Arabia celebrates the new highway constructed by China

A section of the TS-8 Highway project in Jubail, Saudi Arabia, constructed by China Railway 18th Bureau Group, also known as CR18G, was officially opened to traffic recently following its handover. [Photo provided to chinadaily.com.cn] A section of the TS-8 Highway project in Jubail, Saudi Arabia, constructed by China Railway 18th Bureau Group, also known…

China launches NEV promotional campaigns in rural regions

A driver charges her car at a newly opened service station in Jinxian, Jiangxi province, on Jan 29, 2025. LIU ZHANKUN/CHINA NEWS SERVICE BEIJING — China is seeking to boost the consumption of new energy vehicles (NEVs) in the country’s rural regions with accelerated efforts to improve the supporting environment for their use. According to…