China’s autonomous driving industry has entered a new phase of accelerated development, as the country approved two cars with level-3 autonomous driving capabilities, marking the first time that such vehicles have been cleared by the national regulator as authorized products nearly ready for mass adoption. The move, regarded by industry insiders and experts as forward-looking…
AMD processor is seen in this illustration taken August 19, 2025. [Photo/Agencies] Lisa Su, chair and chief executive officer of the US semiconductor company Advanced Micro Devices, said on Wednesday that the chipmaker is committed to deepening its investments in China. Su made the comments in a meeting with Li Lecheng, China’s minister of…
Australian biopharmaceutical company CSL has designated China as one of its most important strategic markets worldwide, a milestone highlighted by a significant expansion of both its workforce and investment in the country, said a senior executive. Since 1986, CSL — a century-old firm — has supplied human albumin to Chinese patients, with a large proportion…
Airbus delivered its 800th A320 Family aircraft assembled in China, on Dec 17, 2025. [Photo/VCG] Airbus on Wednesday delivered its 800th A320 Family aircraft assembled in China, underscoring the European planemaker’s long-term manufacturing presence in the country. The aircraft, an A321neo, was handed over to Air China after being assembled at Airbus’s final assembly line…
The call by Chinese policymakers to further boost consumption and raise incomes of urban and rural residents signals a stronger demand-side push in 2026 to target consumers’ ability and willingness to spend, economists said. The annual Central Economic Work Conference, which concluded on Dec 11, urged deeper implementation of pro-consumption measures and the rollout of…
In the third quarter of 2025, 115 440 non-EU citizens were ordered to leave an EU country, and 34 155 people were returned to third countries following an order to leave. Compared with the third quarter of 2024, the number of non-EU citizens ordered to leave went up by 2.7%, and the number of people…
Konica Minolta’s booth at the Labelexpo Asia 2025 in Shanghai. [Photo provided to chinadaily.com.cn] Konica Minolta, a Japanese imaging product manufacturer, has hosted a media event in Wuxi, East China’s Jiangsu province, celebrating three major 20-year anniversaries and introducing its new mid-term business plan tailored for the Chinese market. This year marks the 20th anniversary…
This article presents key results from the Global Value Chains survey on international sourcing. International sourcing, often referred to as outsourcing, involves the partial or full relocation of business activities by enterprises to affiliated or non-affiliated partners located abroad. The results provide insight into how European enterprises organise their activities and how this affects jobs…
In the first 9 months of 2025, the average monthly imports of petroleum oil in the EU decreased by 18.3% in value and 6.6% in volume compared with the monthly average for 2024. In contrast, the value of imported liquefied natural gas increased by 36.1%, and the volume rose by 25.9%. The value of imported…
The first green cross-border debt pilot program in Hebei province has recently been launched in Xiong’an New Area, marking a step forward in linking global green capital with local low-carbon development. Hebei Lyuyuan Geothermal Energy Development, based in Xiong’an, secured a 50-million-yuan ($7 million) loan from the Bank of Communications, Macao Branch, of which 10…