While the global capital market was recently abuzz with SpaceX’s record-breaking IPO, the Chinese commercial aerospace sector will ride the tide with a clearer market valuation model and strong government support, said experts on Monday. Following the 0.88 percent average gain on Friday, when SpaceX’s price soared 19 percent on its first day on the…
A Sino-Pakistani joint venture tire manufacturer has debuted on the Pakistan Stock Exchange (PSX) in a move market participants described as the first listing by a Chinese-invested company on the country’s bourse and a milestone in the deepening integration of industrial and financial cooperation between the two nations. Service Long March Tyres Ltd — a…
A Sino-Pakistani joint venture tire manufacturer debuted on the Pakistan Stock Exchange (PSX) on Monday, in a move market participants described as the first listing by a Chinese-invested company on the country’s bourse. [Photo provided to chinadaily.com.cn] The successful listing of a Sino-Pakistani tire manufacturer on Pakistan’s stock market may have paved the way for…
A photo taken in April shows the China-Laos 500-kilovolt power interconnection project. The flagship solar initiative had delivered nearly 200 million kilowatt-hours by end-May. CHINA DAILY As Southeast Asia accelerates its shift away from fossil fuels, Chinese energy companies are positioning themselves as the indispensable architects of the region’s future green energy landscape. Facing the…
Business leaders highlighted the unique strengths of Chinese market during the seventh Qingdao Multinationals Summit which was held in Qingdao, East China’s Shandong province, from June 15-17. The summit, themed “Multinationals and China: Advancing with the 15th Five-Year Plan for Innovation and Future Growth”, brought together 357 multinational companies across 44 countries and regions to…
A visitor experiences brain-computer interaction at the Haihe Laboratory of Brain-Computer Interaction and Human-Machine Integration in Tianjin. YAN DONGJIE/CHINA DAILY A dedicated industrial cluster for brain-computer interface was recently inaugurated in Tianjin, which will greatly accelerate the large-scale industrial application of research achievements in noninvasive BCI technologies, experts said. Tianjin recently released the action plan…
Japanese companies will remain committed to the Chinese market over the long term as they expect the country’s market scale, growth prospects and business opportunities to outweigh fluctuations in bilateral ties, said executives and market watchers. They said Japanese investment in China is an integral part of global industrial specialization, with economic spillovers from these…
China’s industrial competitiveness is built on intense market competition, a well-coordinated industrial system and an improving business environment, not simply government subsidies, a spokeswoman for the National Development and Reform Commission has said. Li Chao made the remarks in response to media questions on reports attributing Chinese companies’ rising global market shares in some key…
[PHOTO/CHINA BOUND] Eating zongzi during the Dragon Boat Festival is a cherished Chinese tradition. Made primarily from glutinous rice and filled with ingredients such as… Read More »Dragon Boat Festival: ‘Zongzi’ – Chinadaily.com.cn
A Tianjin aerospace firm’s homegrown carbon fiber composite payload fairings cut rocket weight by over 20 percent, delivering a game-changing Chinese solution that now serves more than 90 percent of China’s domestic commercial launch vehicles and fuels the fast growth of global commercial spaceflight. “We pioneered an integrated product team R&D model that unites design,…