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Panasonic to enhance core business with Chinese AI

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Japanese tech company Panasonic Holdings Corp is intensifying efforts to scale up investment and expand its footprint in the Chinese market, while accelerating its push for localization in areas ranging from research and development to production and sales of products, said a senior company executive. “China is not only a manufacturing powerhouse and a major…

Dow strengthens China ties through innovation at CIIE

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Dow Inc, a United States-based materials science company and eight-time participant in the China International Import Expo, has brought nearly 100 technologies and products to the event in Shanghai this year, spanning sectors such as intelligent manufacturing, new energy, mobility, sustainable packaging and consumer goods. “What we are seeing now is that China is really…

Heating pipeline work completed

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China has completed the final connection of the northern line of its largest long-distance heating pipeline, a major project set to begin supplying clean energy to millions in Jinan, Shandong province, during the heating season this winter. Repurposing industrial waste heat, this initiative underscores the nation’s commitment to improving air quality and advancing sustainable energy…

CIIE showcasing China’s innovative prowess

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Delegates discuss business at 3M’s booth during the eighth China International Import Expo in Shanghai on Thursday. WANG JING/CHINA DAILY With China emerging as a key hub for industrial innovation, foreign manufacturers participating in the eighth China International Import Expo in Shanghai said they are shifting from “exhibitors” to “innovation partners”, underscoring the country’s growing…

Pony.ai begins HK trading, eyes profitability around 2028

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Pony.ai showcases its autonomous driving technologies and a robotaxi model at the Dubai World Congress for Self-Driving Transport 2025 in September. [Photo provided to chinadaily.com.cn] Chinese robotaxi company Pony.ai is expected to turn profitable in three to four years, its top executive said on Thursday. “After nearly nine years of relentless innovation and exploration, Pony.ai…

Deal helps Chinese investors go global

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Saudi Arabia has deepened ties with China-linked investors in healthcare, signing a major pact with Ewpartners to expand dialysis, rehabilitation, fertility and diagnostics services as the kingdom steps up private-sector participation to remedy persistent capacity gaps. The Middle East nation’s Ministry of Health and Ministry of Investment signed a strategic cooperation agreement in October at…

Growing health awareness feeds new ‘slimming economy’

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An advertisement photo shows a woman on a smart indoor bike, one of a large number of new fitness products driving rapid growth in the sector. [Photo provided to CHINA DAILY] China is seeing the advent of the “slimming economy”, with more consumers turning to expert nutritionists, fitness workouts and AI-driven smart devices to stay…

Air China retraces historic uprising route

The Air China flight from Hong Kong Special Administrative Region arrives at Tianjin Binhai International Airport on Sunday, marking the successful completion of a commemorative journey retracing the historic “Two Airlines Uprising” route. The aircraft received the civil aviation industry’s highest ceremonial tribute — the “water salute”. [Photo by Luo Wangshu/chinadaily.com.cn] A commemorative Air China…

China’s consumer prices creep up in October

China’s consumer prices returned to growth in October after falling for two straight months, while the decline in factory-gate prices continued to narrow in October, official data showed Sunday. Data from the National Bureau of Statistics showed that China’s consumer price index, the main gauge of inflation, rose 0.2 percent year-on-year in October, following a…

Red Bull owners trumpet investment in Chinese market

[Photo provided to chinadaily.com.cn] Thailand’s TCP Group, the creator and owner of the Red Bull brand, said its accumulative investment in China has exceeded 4.36 billion yuan ($590 million), as it showcased its latest products at the ongoing China International Import Expo (CIIE) in Shanghai on Thursday. The investment includes two major manufacturing projects —…