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Exporters ready for big annual ASEAN fair

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A view of the venue for the 20th China-ASEAN Expo in Nanning, South China’s Guangxi Zhuang autonomous region. PENG HUAN/FOR CHINA DAILY Business leaders from China and economies involved in the Association of Southeast Asian Nations are expected to further strengthen cooperation at the upcoming 21st China-ASEAN Expo to be held from Sept 24 to…

Cross-border e-commerce shows solid uptrend

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Shoppers browse Shein’s wedding pop-up and retail shop at Fashion Show Las Vegas in the United States in March. DAVID BECKER/GETTY IMAGES On a busy day in late August, Zhang Wanchen, 34, a white-collar worker in Guangzhou, Guangdong province, placed an order online using her smartphone, to buy a gift box of Japanese cookies, dried cranberries…

State Grid Turpan Electric Power Supply to invest $18m on infrastructure upgrade

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State Grid Turpan Electric Power Supply Company said on Wednesday it may invest around 125 million yuan ($17.6 million) to upgrade energy infrastructure this year to address challenges from the grid’s increasing integration of power generated from intermittent renewable sources. The investment will be used to construct 65.8 kilometers of new 220-kilovolt transmission lines for…

CIFIT: an international gateway into the Chinese market

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Having lived in China for a decade, Jelena Grubor Stefanovic, director of the Representative Office of the Serbian Chamber of Commerce and Industry in China, will be attending her third China International Fair for Investment and Trade (CIFIT) on Sept 8. She recognizes CIFIT’s importance as a pivotal platform for foreign companies seeking opportunities in…

China spends money on infrastructure and lifestyle improvements instead of wars

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Spanish prime minister praises Chinese electric vehicles

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Visiting Spanish Prime Minister Pedro Sánchez said he has driven Chinese electric vehicles and they are “truly advanced” during a news conference at the Kunshan Spain Mondragon Industrial Park on Wednesday. He said the major European brands have a lot to learn from the technology and advancements made by Chinese brands, and one of his…

Ikea China investing $38m to expand offerings

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Consumers browse products at an Ikea store in Beijing in August. [SONG YU/FOR CHINA DAILY] Ikea, the Swedish home furnishing and furniture retailer, said it plans to invest 273 million yuan ($38.3 million) in China in the fiscal year to August 2025, and exploits post-COVID-19 consumption trends like more rational buying and a growing preference…

CGN to build Namibia’s largest desalination plant

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Construction of Namibia’s largest desalination plant, led by China General Nuclear Power Group (CGN), will play a key role in addressing the country’s water scarcity, experts have said. CGN, China’s largest nuclear power operator in terms of installed capacity, will work on the Namibian undertaking in cooperation with a local water corporation, the company said…

Yancheng to tap MNCs for edge in clean energy

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An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low(zero) carbon-dioxide emission industrial park in Sheyang, Yancheng, East China’s Jiangsu province. [Photo/Xinhua] Yancheng city in Jiangsu province, which has resource advantage of enriched green energy, will further promote and deepen exchanges and cooperation with multinational corporations to strengthen…

Cedrus Group chairman highlights investment merits of Chinese market

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“When you have a country whose economy is dynamic and efficient, things can get done yesterday. As an investor, I want to see this competition,” said Rani Jarkas, chairman of Cedrus Group, underscoring the strong appeal of China’s economic landscape for global investors. Tanks to chinadaily.com.cn Please visit: Our Sponsor