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Nippon Express viewing China as core market

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Japanese logistics company Nippon Express Holdings Inc is ramping up efforts to bolster digital transformation in logistics, expand automation-based operations and drive the development of green logistics in China, said a senior executive. “The Chinese market is one of the most critical pillars of our global strategy — an indispensable core market without which no…

Sino-EU trade talks seen as key

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China and the European Union should work together to manage trade differences through civilized dialogue and rule-based agreements, rather than resorting to protectionist measures, said Olivier Blanchard, a renowned French economist and former chief economist of the International Monetary Fund. “If we do nothing and Europe imposes tariffs (on Chinese exports), this will reduce trade…

Shopping gala focuses on quality growth, AI dividends

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A deliveryman collects packages at a logistics center in Chongqing on Oct 27. CHINA DAILY When tech heavyweight Alibaba launched Singles Day on Nov 11 in 2009, it was just a 24-hour promotional event. But its rapid evolution over the past 16 years has seen it stretch into a nearly four-week extravaganza and become the…

Senior officials call for legal ‘red lines’ in AI development

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Senior Chinese officials on cyberspace and law on Sunday called for precisely setting legal “red lines and high lines”, along with ethics guidelines and technical standards, to ensure artificial intelligence develops in a safe, reliable, and controllable direction. They made the remarks at a sub-forum on law-based cyberspace governance during the World Internet Conference Wuzhen…

Qilu Bank: Preventing funding challenges from hindering progress

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Inside a low-temperature warehouse of a large enterprise in Jiaozhou, Qingdao, automated cold chain conveyor lines operate in an orderly manner. Boxes of fresh aquatic products are securely stored at -25°C, ready to be shipped to major markets across the Shandong Peninsula, the Yangtze River Delta, and the Bohai Rim Economic Circle. As a leading…

Annual full-time adjusted salary in EU up 5.2% in 2024

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Singapore’s premium massage chair brand deepening its commitment to China

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Singapore’s premium massage chair maker OSIM showcases how home wellness is being reshaped by intelligent design and localized innovation at the China International Import Expo in Shanghai in November. [Photo provided to chinadaily.com.cn] Singapore’s premium massage chair brand OSIM is deepening its commitment to the Chinese market after the brand showcased how home wellness is being…

Foreign enterprises in the EU: small number, big impact

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Explore our climate change mitigation publication

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Former Volkswagen exec praises China’s auto innovation and speed

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Jochem Heizmann, former member of the Volkswagen Group Board of Management and former CEO of Volkswagen Group China. [Photo by Li Jing/China Daily] China’s fast-evolving auto industry continues to impress with its innovation speed and growing technological capabilities, said Jochem Heizmann, former member of the Volkswagen Group Board of Management and former CEO of Volkswagen…