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Beijing climbs in global CBD rankings

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The attractiveness of global business districts has undergone a profound reshaping compared with five years ago, and the most notable shift has been the overall rise of central business districts in Asia, with China standing out as a key driver of this trend, according to a new report. The 2025 Global Business Districts Attractiveness Report…

Chery-Ebro partnership boosts Spanish industrial revival

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Spain’s Ebro-EV Motors and China’s Chery Automobile celebrate the start of vehicle production at their joint venture, the Ebro Factory, located in the Zona Franca of Barcelona, Spain, Nov 23, 2024. [Photo/Xinhua] BARCELONA, Spain — A collaboration between Chinese automaker Chery and Spanish brand Ebro is helping the Southern European country to rebuild auto manufacturing…

Optics Valley emerging as nation’s high-tech hub

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Optics Valley has emerged as a high-tech hub where not only is a wave of tech breakthroughs taking root, but where the deeper integration of scientific and industrial innovation is also advancing, reflecting China’s efforts to move forward with high-level scientific and technological self-reliance. Humanoid robots, advanced chips and 6G-related technologies are now taking shape…

Quaker seeds digestive health growth in China with new oatmeal product

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Visitors gather at Quaker’s booth at a shopping center in Shenzhen, Guangdong province. CHINA DAILY To meet rising consumer demand for functional foods and address growing concerns over digestive health, Quaker, a US cereal brand under PepsiCo, launched its first fermented instant oatmeal product in China, which the company said marked a crucial step for…

Yuan seen on sustained gradual rise

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The central parity rate of the renminbi in the interbank foreign exchange market strengthened 30 pips to 7.0796 against the US dollar on Wednesday, following a 21-pip increase on Tuesday. Analysts said the Chinese currency is likely to retain a mildly stronger bias in the near term and maintain a stable and gradually appreciating trend…

Beijing Benz plant gets coveted green nod

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A front-wheel-drive plant of Beijing Benz Automotive Co has been certified by an internationally recognized authority and has officially met carbon neutrality standards, becoming the first complete vehicle manufacturing plant in China to receive such certification. As BBAC’s first “zero-carbon factory”, the front-wheel-drive plant has successfully passed the certification, marking another milestone breakthrough in the…

Drive to spur SMEs gains momentum

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Employees work on the production line of accessories for NEV batteries at a high-tech company in Huaibei, Anhui province. LI XIN/FOR CHINA DAILY Amid robust policy support and relentless innovation, China’s drive to cultivate unique small and medium-sized enterprises, or SMEs, is gaining significant momentum, officials and experts said. A key catalyst has been the…

Shanghai launches reforms to accelerate biomedical industry’s growth

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Shanghai has recently announced reforms to streamline drug and medical device regulations, aiming to accelerate the high-quality development of its biomedical industry, local officials said on Wednesday. The reforms, aligned with the State Council directives on pharmaceutical industry development, target faster approval processes, innovation promotion, and enhanced regulatory compliance, according to Guo Shuting, deputy director…