US-based specialty chemistry company Lubrizol Corp has opened its beauty research institute in Shanghai as its firm commitment to further local-for-local innovation and growth, said a top executive of the company, which is owned by multinational conglomerate Berkshire Hathaway. “We think this region is perfect and couldn’t have a better place in China,” said Rebecca…
Wang Lei, CEO of Ant Cryptographic Computing Technologies, speaks at the Inclusion Conference on the Bund, Sept 6, 2024. [Photo provided to chinadaily.com.cn] Ant Group subsidiary, Ant Cryptographic Computing Technologies, introduced its SecretFlow Cloud platform at the Inclusion Conference on the Bund on Sept 6. This cryptographic computing platform seeks to facilitate secure data circulation…
China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [XINHUA] An electric vehicle designed in Spain by Volkswagen’s Cupra brand but made in China would be “wiped out” if the European Commission followed through with planned import tariffs of 21.3 percent, the brand’s CEO said. Raising the price of the Tavascan, an…
A robot plays guzheng, a Chinese zither, at an expo in Guangzhou, South China’s Guangdong province on Sept 8, 2024. [Photo/VCG] Robots are changing Chinese people’s life in different occasions. They can not only provide important information at high-level conferences and banks but also service coffee and meals. Some can even play guzheng, a Chinese…
Employees of SinoEV(Hefei) Powertrain Technologies work at its factory in Hefei, Anhui province, in April. [Photo provided to China Daily] SinoEV (Hefei) Powertrain Technologies Co Ltd, a pioneer of electric vehicle power systems, is steering its global expansion with a flexible manufacturing chain and technological innovations, which position it well to navigate challenges and opportunities…
Kenyans test drive the Neta V electric crossover. [Photo/Xinhua] A Neta showroom opened in late June in Nairobi, capital of Kenya — the Chinese new energy vehicle startup’s first dealership in Africa. “Kenya has the largest automotive market in East Africa and the prospects are bright for new energy vehicles,” said Neta in a statement.…
Mercedes-Benz showcases the EQE 500 4MATIC Flagship at an auto show in Changchun, Jilin province, in July. [Photo provided to China Daily] Mercedes-Benz, BMW and Audi are preparing to roll out new models in China, scheduled to hit the market from 2025, as local Chinese rivals threaten to hog the limelight in the premium sector…
Tourists enjoy a dance performed by a Uygur artist at a homestay in the ancient city of Kashgar, Xinjiang Uygur autonomous region, on June 14, 2024. [Photo by Jiang Dong/chinadaily.com.cn] After being pummeled by the COVID-19 pandemic a few years back, China’s economy is showing signs of recovery. The biggest factor driving it is domestic…
A glance at a production line of FAW-Volkswagen in Tianjin. [Photo provided to chinadaily.com.cn] The 20th International Forum (TEDA) on Chinese Automotive Industry Development concluded in early September in Tianjin with the establishment of five consensuses on policy trends, corporate strategies, green industry development and advanced technology applications. The forum saw the participation of more…
Your next dish, package or takeout could arrive at your doorstep via a Chinese-made robot, as delivery robots have developed rapidly in the country and are now venturing into overseas markets. On a short holiday in Singapore, I noticed a server robot at a restaurant busily swerving between tables and fetching dishes to hungry diners.…