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BOE riding high on OLED boom, internet of things

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Chinese display panel maker BOE Technology Group Co Ltd will invest more than 100 billion yuan ($14.05 billion) in technological research and development by 2030, and is doubling down on new-generation semiconductor displays represented by organic light-emitting diodes, a top company executive said. Chen Yanshun, chairman of BOE, said the company has accumulated core technological…

Sino-Metals’ jobs, investments create goodwill between China and Zambia

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An aerial view of Sino-Metals Leach Zambia. CHINA DAILY Sino-Metals Leach Zambia, or Sino-Metals, a subsidiary of China Nonferrous Metal Mining (Group), or CNMC, is China’s first large-scale copper hydrometallurgy enterprise invested overseas. Located in the Zambia-China Economic and Trade Cooperation Zone in Kalulushi town, Sino-Metals was registered locally and established in 2004 as a mining…

Is AI China’s critical new productive force?

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The text-to-video Sora model is on display on a smartphone with the OpenAI logo visible in the background in this photo illustration in Brussels, Belgium. [Photo/Agencies] ChatGPT maker OpenAI from the United States stepped up the global artificial intelligence race in mid-February when it unveiled its text-to-video generation tool Sora. That made me wonder —…

African development gets Chinese push

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An Africa-bound freight train leaves Zhuzhou, Hunan province. CHEN SIHAN/XINHUA At a factory in Port Elizabeth, South Africa, workers in blue uniforms meticulously assemble vehicles, while another team maneuver around 300 sport utility vehicles and sedans into a staging area. These cars, manufactured at Chinese carmaker Beijing Automotive Group Co’s plant, will be delivered to its…

Bank of China plays important role in strengthening Sino-African relations

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Since the establishment of BOC branch in Lusaka, Zambia, in 1997, BOC has continued to expand its presence in Africa and established branches or offices in eight African countries. CHINA DAILY The 2024 Summit of the Forum on China-Africa Cooperation, taking place from Wednesday to Friday in Beijing, has drawn global attention to the growing friendship…

Steel sector making big strides in green transition, industry body says

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Stacks of steel coils in a factory in East China’s Shandong province, July 31, 2024. [Photo by Yan Xingzhou/chinadaily.com.cn] China’s steel industry has achieved notable advancements in its green transition with major steel enterprises significantly reducing their environmental impact, according to the China Iron and Steel Association (CISA) on Monday. By 2023, energy consumption per…

Innovation key to steel industry’s advanced development, green transition

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A view of a plant of China Baowu Steel Group Corp in Ezhou, Hubei province. [Photo by Li Yalong/FOR CHINA DAILY] Further technological innovation is needed to support the steel industry’s high-quality development and its transition to a green, low-carbon future, said experts on Monday. “Whether it’s achieving ultra-low emissions, maximizing energy efficiency, or reaching…

The EU budget

Shanghai conference to explore intersection of AI and society

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The organizing committee of the Inclusion Conference on the Bund unveils the “2024 Top 10 Hot Topics in Technology and Humanity” ahead of the three-day conference starting Sept 5. [Photo provided to chinadaily.com.cn] As Shanghai gears up to host the 2024 Inclusion Conference on the Bund from Sept 5 to 7, the unveiling of the…

Emerging tech investment helps Chinese cities thrive

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An aerial view of the constructions near Yan’an road in Hangzhou, Zhejiang province, Aug 19, 2023. [Photo/VCG] Chinese cities that have strategically invested in emerging technologies will continue to thrive, as the broader economy still faces challenges both at home and abroad, according to a new report. “Despite geopolitical headwinds impacting China’s economic growth trajectory…