Saravoot Yoovidhya, CEO of TCP Group, delivers a speech at the 2025 China Development Forum, on March 24, 2025. [Photo provided to chinadaily.com.cn] Thailand’s TCP Group, the owner of the Red Bull brand, is increasing its investment in China, capitalizing on the country’s continued economic resilience and commitment to market reforms, CEO Saravoot Yoovidhya said…
High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang/China Daily] A total of 21 new projects were secured during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday, marking the beginning of the week-long “Invest in Shanghai” series of business soliciting activities. The new projects covered…
Pingxiang city, which borders Vietnam under the prefecture-level city of Chongzuo in the Guangxi Zhuang autonomous region, will see the opening of high-speed railway services within this year, boosting passenger flow and border trade. Workers from the Eighth Engineering Co Ltd of China Railway No 4 Engineering Group Co Ltd (CREC4) complete laying tracks on…
BEIJING – Chinese Commerce Minister Wang Wentao on Monday met with Brian Sikes, president and CEO of Cargill in Beijing, according to a statement released by the Ministry of Commerce. During the meeting, the two sides exchanged views on topics including Cargill’s business development in China, as well as China-US economic and trade relations. Wang…
A truck loads containers at Tangshan Port, North China’s Hebei province. [Photo/Xinhua] BEIJING – The General Office of the State Council has issued guidelines aimed at further strengthening trade policy compliance with World Trade Organization (WTO) rules, amid the country’s greater efforts to push forward opening-up. Compliance assessment should be a necessary prerequisite of the…
A drone photo taken on March 21, 2025 shows a welding workshop of Audi FAW NEV Co Ltd in Changchun, Northeast China’s Jilin province. [Photo/Xinhua] CHANGCHUN – In the workshops of Audi’s first dedicated electric vehicle production base in China, entire steel plates are swiftly transformed into components by press machines, while robotic arms operate…
SHANGHAI – A Chinese shipbuilder on Monday delivered a liquefied natural gas (LNG) dual-fuel-powered, 8,600-Car-Equivalent-Unit (CEU) vehicle carrier vessel to its operator. The carrier vessel, Wenjingkou, was independently developed and designed by a Chinese research institute and measures 199.9 meters in length, 38 meters in width and 14.8 meters in depth. The vessel features 14…
Holger Klein, CEO of ZF Group. [Photo provided to China Daily] The world’s leading technology company and automotive supplier ZF Group has reinforced its dedication to boosting the high-quality development of China’s automobile industry amid rapid advancements in intelligence and electrification. Holger Klein, CEO of ZF Group, highlighted the effects of artificial intelligence on mobility…
BEIJING – China’s central bank on Monday said that it will issue 450 billion yuan ($62.5 billion) of one-year medium-term lending facility (MLF) loans on Tuesday, with adjusted rules. Starting this month, the MLF will undertake operations that utilize fixed-quantity, interest-rate bidding and a multiple-price bidding method, the People’s Bank of China said in a…
BEIJING – China will redouble its efforts to improve the quality and expand the capacity of its “silver economy,” namely economic activities related to the country’s large elderly population, vice-minister of Civil Affairs Tang Chengpei said on Monday. These efforts aim to create a positive cycle combining economic development and the improvement of people’s livelihoods,…