Skip to content

News

Surge in global demand for power storage solutions

  • by

Visitors view energy storage cells at the 13th International Energy Storage Summit and Exhibition in Beijing on April 11. DU JIANPO/FOR CHINA DAILY Chinese battery cell manufacturers are ramping up production to meet a surge in overseas demand for energy storage solutions, fueled by the global transition to renewable energy and market-driven electricity pricing reforms. Factories…

Lenzing CEO: Textile market pivoting toward sustainability

  • by

The most significant shift in China’s textile market lies in a strategic pivot by domestic brands, from cost-driven production to prioritizing sustainability and innovation, and this transformation, coupled with China’s robust industrial foundation, has created a unique “innovation ecosystem “that is reshaping global textile dynamics, according to Rohit Aggarwal, CEO of Lenzing Group. In an…

State-owned enterprises record sound growth

  • by

A worker inspects raw materials at a spinning workshop in Jilin province on July 16, 2025. [Photo/Xinhua] China’s centrally administered State-owned enterprises have witnessed robust growth in both total assets and profits during the 14th Five-Year Plan (2021-25) period, the State assets regulator announced on Wednesday. Zhang Yuzhuo, chairman of the State-owned Assets Supervision and…

Draft standards for driver assistance tech a milestone

  • by

A technician supervises the operation of a robotaxi in service in Guangzhou, Guangdong province, in March. DENG HUA/XINHUA China is stepping up efforts to ensure the safe and steady rollout of driver assistance technologies by introducing new national standards, in a bid to guide innovation with regulation and ensure the steady, secure growth of its automobile…

BOE to ramp up investment in R&D

  • by

A view of the booth of BOE Technology Group Co Ltd during an industry expo in Shanghai. CHINA DAILY China’s leading display panel maker BOE Technology Group Co Ltd will invest more than 50 billion yuan ($7.02 billion) in research and development over the next three years, and allocate 500 billion yuan for procurement, aiming to…

Expo opens as China-ASEAN trade hits record high

  • by

A woman wearing an outfit featuring local delicacies of Indonesia stands near the country’s pavilion to attract visitors during the 22nd China-ASEAN Expo and the China-ASEAN Business and Investment Summit on Wednesday in Nanning, Guangxi Zhuang autonomous region. ZHANG WEI/CHINA DAILY China is willing to work with the Association of Southeast Asian Nations to uphold peaceful…

Foreign capital access to housing eased

  • by

China has eased the access for foreign capital into the country’s housing market, a move experts said is aimed at stabilizing the residential property sector, opening up the country’s capital account further and attracting more foreign investment. The State Administration of Foreign Exchange, China’s forex regulator, announced on Monday that it has shortened the negative…

Taicang Port reports 7.9 percent cargo throughput growth

  • by

The container terminal at Taicang Port. [Photo provided to chinadaily.com.cn] Taicang Port has reported a performance boost in the first eight months of the year after achieving a cargo throughput of 199 million tons, representing a 7.9 percent increase over the same period last year. The port also saw a rise in foreign trade cargo,…

Anta’s ambitious Southeast Asia expansion fueled by localization

  • by

Anta brand’s first flagship store in Singapore. [Photo provided to chinadaily.com.cn] Anta Sports Products Ltd is accelerating its global expansion with a bold target: 1,000 stores of its ANTA brand across Southeast Asia within three years, betting on a mix of multi-brand strength, heavy localization, and an up-scaled supply chain to challenge the global sportswear…