A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China’s Anhui province. [Photo/IC] BEIJING – For some time, certain critics have fixated on the isolated statistic of a “decline in foreign direct investment (FDI)” to undermine confidence in the Chinese…
Zeekr CEO Andy An explains some of the company’s latest technologies at a vehicle launch event on Aug 13. [Photo provided to China Daily] New energy vehicle models are hitting the market in China at a faster speed than their gasoline-powered siblings, as carmakers are constantly pushing the frontiers of technology amid fierce competition in…
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In 2023, the world’s total crude steel production was 1.89 billion metric tons, reported Askic.com based on the 2023 Global Crude Steel Production by the World Steel Association, which covers 71 economies. The World Steel Association is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing…
The exhibition area of the China International Big Data Industry Expo 2023 in Guiyang, capital of Southwest China’s Guizhou province, on May 25, 2023. [Photo/VCG] GUIYANG – The China International Big Data Industry Expo 2024 opened on Wednesday in Guiyang, Southwest China’s Guizhou province, attracting over 21,000 guests and 414 domestic and international companies to…
Charging piles seen on a street in Changzhou, Jiangsu province. WANG QIMING/FOR CHINA DAILY China will continue to expand and improve the country’s electric vehicle (EV) charging network in response to the booming domestic new energy vehicle (NEV) industry and public travel demands, a Chinese official said on Thursday. “China places great importance on the construction…
The fourth Qingdao Multinationals Summit, jointly organized by the Ministry of Commerce and Shandong province, kicks off in Qingdao, Shandong province on October 11. [Photo provided to chinadaily.com.cn] JINAN – The fifth Qingdao Multinationals Summit commenced on Wednesday in Qingdao, East China’s Shandong province, drawing over 500 attendees from more than 450 multinational corporations to…
An employee shows gold ornaments at a jewelry firm’s display hall in Hangzhou, Zhejiang province. NI LIFANG/FOR CHINA DAILY The Chinese gold market, which is evolving from a follower to a leader, is expected to play a bigger role globally in the years to come, said the top executive of the World Gold Council. “Thanks to…
A drone photo shows wetlands in Sanjiangyuan area, Northwest China’s Qinghai province, July 23, 2024. [Photo/Xinhua] BEIJING – China has reduced CO2 emission by 3 billion tons over the past decade in an effort to promote green consumption, a white paper said Thursday. China’s energy savings in the recent ten years have been equivalent to…
Jetour’s booth attracts visitors at the 2023 Chengdu Motor Show. [Photo by Li Fusheng/chinadaily.com.cn] The 27th Chengdu Motor Show, scheduled to kick off on Aug 30, is attracting some 130 automotive brands of different countries to showcase over 1,600 models, said Hannover Milano Fairs Shanghai, one of the event’s organizers. The event, which will run…