Visitors check out promotional videos at the China Minmetals booth during an expo in Shanghai in May. [Photo provided to China Daily] The A-share market’s increased focus on high-quality development has been reflected in the recent wave of mergers and acquisitions among leading market players and the industrial restructuring initiated by State-owned enterprises. According to…
JinkoSolar, the world’s largest solar panel producer by shipments, is pressing ahead with overseas expansion plans with a strategic focus on Africa, to secure a leading position in both the solar as well as energy storage sectors. Over the past three years, the company has delivered 5.2 gigawatts of solar panels and 100 megawatt-hours of…
Xianyu, Alibaba Group’s online trading platform for secondhand goods, will launch two AI-embedded products this year to improve transaction efficiency, said its president Ding Jian on Friday at the ongoing 2024 China International Fair for Trade in Services. The two products, named “Smart Product Launch” and “Smart Sales Management”, will use technologies such as image…
Shenyang, Liaoning province, has provided a sound environment for foreign investment and foreign firms are confident about the city’s prospects, said Jan Block, senior manager at aerospace and automotive firm Otto Fuchs Technology (Shenyang) Co Ltd, during a recent cooperation event in Munich, Germany. With his company having been in Shenyang for years, Block said…
Visitors observe a WeRide robobus at the second Global Digital Trade Expo in Hangzhou, Zhejiang province, on Nov 23. LONG WEI/FOR CHINA DAILY HANGZHOU — The third Global Digital Trade Expo, scheduled from Sept 25 to 29 in Hangzhou, capital of East China’s Zhejiang province, will be powered entirely by green electricity. The expo venue,…
A consumer (right) learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY China’s latest efforts to promote trade-ins of home appliances will further stimulate consumer spending appetites, bolster consumption recovery and inject strong momentum into the country’s economic growth, experts said. They called for establishing mechanisms and…
The United States’ latest move to raise tariffs on certain Chinese products threatens the stability of global supply chains and will ultimately pass the burden onto its consumers, market watchers and corporate executives said on Sunday. The Office of the US Trade Representative announced on Friday that it has finalized tariff hikes on selected Chinese…
Neta employees celebrate as the startup’s 400,000th vehicle rolls off the assembly line in Zhejiang province in March 2024. [Photo provided to chinadaily.com.cn] Chinese new energy vehicle startup Neta has signed agreements with a Mexican bank, EV association and several dealership partners, signaling that the automaker is ready to enter the Mexican market, CEO Zhang…
An aerial view of Tangshan Port, Hebei province in December 2023. [Photo / Xinhua] China will implement a zero-tariff policy on 100 percent of products originating from the least developed countries with which it has diplomatic ties, effective from Dec 1, said the Customs Tariff Commission of the State Council in an online notice on…
Aerial photo taken on July 8, 2021 shows the Qairhan Salt Lake in Northwest China’s Qinghai province. [Photo/Xinhua] The joint venture agreement between China Minmetals Corp and Qinghai province to tap major salt lake resources marks a critical step in advancing China’s lithium resource development, particularly in response to global battery industry demand, said industry…