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China-Africa economic relations set to deepen

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A taxi driver tries out a Chinese-branded EV in Mombasa, Kenya, Aug 16, 2024. [Photo/Xinhua] Chinese and African business leaders will gather in Beijing next week to explore new avenues for deepening China-Africa industrial cooperation, paving the way for African countries to accelerate their integration into global industry and supply chains, said China’s top foreign…

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Ministry of Commerce solicits input on fuel vehicle tariffs

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China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA The Ministry of Commerce held a meeting to gather opinions and suggestions from industry professionals and experts on raising import tariffs on large-displacement fuel vehicles, said the ministry in a recent online notice. The meeting, presided over by the ministry’s head…

Top 10 most valuable Chinese brands

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The overall value of the 300 most valuable Chinese companies reached 6.8 trillion yuan ($945.9 billion) in 2023, according to a latest report jointly released by Hurun Research Institute and Focus Media on Feb 29. The top three most valuable Chinese brand were Kweichow Moutai, Wuliangye and WeChat, in which Kweichow Moutai made it to…

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Self-driving tech fueled by innovation

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An engineer monitors a self-driving vehicle’s performance via a laptop in Beijing in June. JU HUANZONG/XINHUA As China strives for technological innovation represented by intelligent connected vehicles and autonomous driving, it has created a distinctive Chinese innovation model, with government departments, enterprises and research institutions collaborating closely and policies being drafted to support the nation’s…

China’s home-made C919 jet marks operation milestone with dual airline delivery

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This photo shows a view of the delivery ceremony of China’s large passenger aircraft C919 at a manufacturing center of Commercial Aircraft Corporation of China Ltd (COMAC) in Shanghai, Aug 28, 2024. [Photo/Xinhua] SHANGHAI – Air China and China Southern Airlines on Wednesday received their first C919 aircraft in Shanghai, marking a pivotal moment as…

State Grid in Hangzhou delivers cool ‘gift’ through innovation

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In the sweltering depths of summer in Fenkou, in Chun’an county, Zhejiang province, while most people were still asleep, some power workers from State Grid Co had arrived in rugged terrain near Jiawu village by 5:30 am on Aug 5. Temperatures in the provincial capital Hangzhou have been soaring to over 40 C, and local…

Dalian Commodity Exchange launches three new options

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DALIAN – Egg, corn starch and hog options have been listed on the Dalian Commodity Exchange (DCE) starting Friday, bringing the total number of options on the DCE to 16. The DCE has successively launched egg, corn starch and hog futures since 2013, effectively assisting enterprises on relevant industrial chains with risk management. In 2023,…

Experts urge more efforts to sustain export potential

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Employees work on a display unit production facility in Guiyang, Guizhou province, in February. QU HONGLUN/CHINA NEWS SERVICE Despite continuous growth in China’s home appliance exports this year, the country must remain clearheaded in the face of a complex and volatile international trade environment, experts said. “Thanks to a rebound in international demand and inventory…

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Vehicles, road and cloud key to future of driving

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A technician conducts a road test on a self-driving vehicle in Wuhan, Hubei province, on July 4. [Photo/Xinhua] Vehicle-road-cloud integration is crucial for advancing the next phase of industrial applications for intelligent connected vehicles, with pilot projects nationwide showing significant progress, said industry experts. More complex than single-vehicle intelligence, vehicle-road-cloud integration uses artificial intelligence and…

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Top 10 power battery firms by installed capacity in 2023

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In 2023, 13.74 million new energy vehicles were sold globally, an increase of 36 percent year-on-year, according to a report of askci.com on Feb 26. Data from Askci and GGII showed, the installed capacity of power battery reached about 707.2GWh, an increase of 42 percent year-on-year. Among them, China’s installed capacity of power battery accounted…