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Long-term vision key to China’s scientific success, says industry expert

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Matteo Cavalleri With its expanding research output and active participation in international collaboration, China’s scientific community is expected to play an increasingly vital role in shaping global innovation, said a renowned industry expert. “China’s progress across science as a whole, particularly in the physical sciences, has been truly impressive. It has grown into one of…

Huawei launches new tri-fold smartphone

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Huawei’s latest tri-fold smartphone attracts buyers at one of its stores in Shanghai. WANG GANG/FOR CHINA DAILY Huawei Technologies Co launched its latest tri-fold smartphone, Mate XTs, on Thursday, marking the first time in four years that the Chinese company has publicly disclosed the model of its in-house Kirin processor. At the launch event, Richard…

China cuts mutual fund sales fees to lower investor costs, boost long-term investment

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China has proposed the first overhaul in 12 years of rules on mutual fund sales commissions, aiming to sharply reduce investor costs and encourage long-term holdings — part of a broader push to strengthen its capital markets. The China Securities Regulatory Commission said on Friday it had updated and renamed the administrative measures governing sales…

China cuts mutual fund sales fees to lower investor costs, boost long-term investment

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China has proposed the first overhaul in 12 years of rules on mutual fund sales commissions, aiming to sharply reduce investor costs and encourage long-term holdings — part of a broader push to strengthen its capital markets. The China Securities Regulatory Commission said on Friday it had updated and renamed the administrative measures governing sales…

BMW unveils first Neue Klasse model developed with Chinese tech partners

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MUNICH – German automaker BMW unveiled the iX3, the first model of its Neue Klasse line-up, in Munich on Thursday. The company said the vehicle was developed with Chinese technology partners in areas including batteries, artificial intelligence and autonomous driving. The iX3, scheduled for production in 2026, marks the start of BMW’s plan to launch…

First RMB bond from Central Asia listed in Hong Kong

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The Development Bank of Kazakhstan JSC has issued a three-year offshore renminbi bond worth 2 billion yuan ($280 million) in Hong Kong this week, marking the first renminbi bond globally issued by a Kazakhstan-based entity and the first from Central Asia to list on the Hong Kong exchange. The deal, facilitated by China International Capital…

China imposes preliminary duties on EU pork imports

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China’s Ministry of Commerce announced on Friday that it has made a preliminary ruling in its anti-dumping investigation into pork and pork by-products imported from the European Union, finding that such imports were sold below fair market value and caused material injury to the domestic industry. The ministry said in a statement that initial evidence…

85% of EU city residents have basic data literacy

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China to impose temporary anti-dumping measures on EU pork imports

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BEIJING – China has decided to implement temporary anti-dumping measures on certain pork and pig by-products originating from the European Union, starting Sept 10, according to a preliminary ruling announced by the Ministry of Commerce on Friday. Such imports involved dumping and caused substantial damage to the related domestic industry, the ministry said in the…

Exports of machinery & vehicles reached €1 013 billion

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