Alexander Pollich, president and CEO of Porsche China, speaks at Auto Shanghai on Wednesday.[CHINA DAILY] At a time when many overseas automakers are struggling in the hyper-competitive Chinese market, Porsche is steadfast in its strategy of staying true to itself and playing the long game. “We are endurance racers, not sprinters. And this is now…
Visitors line up to experience a passenger-carrying pilotless aircraft during CICPE 2025 on April 13. [LUO YUNFEI/CHINA NEWS SERVICE] The boundaries between technology and daily life fade visibly at a rapid pace as I strolled through the exhibition halls of the China International Consumer Products Expo 2025. From the “air taxis” in the low-altitude economy…
“It’s only when you have a level playing field that you can actually access opportunities both ways, that’s where the company benefits from being in China and China benefits from having the company in China,” Christian Levin, CEO of TRATON SE, said in an interview with China Daily. “And this is where we saw a…
This photo shows a Yangwang U7 of BYD at the 22nd Guangzhou International Automobile Exhibition at the China Import and Export Fair Complex in Guangzhou, South China’s Guangdong province, Nov 15, 2024. [Photo/Xinhua] SHENZHEN — China’s self-developed car carrier “BYD Shenzhen”, the largest of its kind worldwide, set off on its maiden voyage with more…
State Grid Taizhou Power Supply Co operates its UAV full-service management and control platform to oversee the operations of 207 next-generation DJI fixed-wing drone airports in Taizhou in Jiangsu province. [CHEN JINGJING/FOR CHINA DAILY] In the prefecture-level city of Taizhou in Jiangsu province, power worker Dai Yongdong is jubilant about the rapid advancements in technology…
Visitors get to know the “deep sleep cabin “from Air Nutri Solution Inc, a Vancouver, Canada-based non-medicinal sleep solutions provider, during the China International Consumer Products Expo 2025 in Haikou, Hainan province, in April. [LUO YUNFEI/CHINA NEWS SERVICE] By leveraging policy advantages and adopting innovative approaches, both Chinese as well as foreign businesses are expanding…
China National Offshore Oil Corporation operates an offshore drilling rig in an oil field in the Bohai Sea. CHINA DAILY CNOOC Limited saw its first-quarter net profit drop 7.9 percent to 36.56 billion yuan, weighed by weaker oil prices, while revenue during the period reached 106.85 billion yuan, down 4.1 percent year-on-year, according to the…
Technicians of PetroChina check manufacturing equipment at a natural gas purifying plant in Suining, Southwest China’s Sichuan province. [Photo by Liu Changsong/For China Daily] China’s top energy producer PetroChina posted a 2.3 percent rise in first-quarter profit on Tuesday, partly due to higher natural gas output. Profit attributable to owners of the company rose to…
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Li Lecheng has been appointed as the Minister of Industry and Information Technology, replacing Jin Zhuanglong, according to a statement published on the ministry’s official WeChat account on Wednesday. Li was appointed as the Party secretary of the Ministry of Industry and Information Technology in February. Tanks to chinadaily.com.cn Please visit: Our Sponsor