Visitors interact with a Unitree humanoid robot at a sci-tech museum in Jinhua, Zhejiang province, on July 27. HU XIAOFEI/FOR CHINA DAILY Chinese robotics firm Unitree Robotics is expected to submit its listing application documents between October and December, which industry experts said is set to become one of the most anticipated IPOs in the global…
An employee makes guitars at a workshop in Songzi, Hubei province. DU ZIXUAN/XINHUA Turning out only 200 guitars a month from its custom workshop, Hubei Tongxin Musical Instrument Co Ltd, based in Songzi, Jingzhou, Hubei province, aims to take a greater overseas market share in the high-end guitar manufacturing market. “As a high-end production facility of…
The Thursday adjustment in most sectors in the A-share market is an oft seen phenomenon after days of sharp advances, and it will not impact the structural opportunities and long-term upward trend in the Chinese capital market, said experts. Their comments were made on Thursday after the benchmark Shanghai Composite Index shed 1.25 percent to…
The first green power transaction between Shanghai and the Xizang autonomous region was recently completed, with clean energy generated in Southwest China now connected to Shanghai’s power supply, according to the State Grid Shanghai Municipal Electric Power Co. The deal, reached as the Xizang autonomous region marks its 60th anniversary, covers a total of 7.85…
China on Thursday unveiled an action plan to stabilize growth in the electronic information manufacturing sector between 2025 and 2026, setting ambitious goals for output, exports, and technological upgrades. The plan, issued by the Ministry of Industry and Information Technology and the State Administration for Market Regulation, targets an average annual growth rate of about…
Shenzhen Creality 3D Technology Co, a global leader in consumer-grade 3D printing, has officially submitted its listing application to the Hong Kong bourse. [Photo/VCG] Shenzhen Creality 3D Technology Co, a global leader in consumer-grade 3D printing, has officially submitted its listing application to the Hong Kong bourse, capturing widespread market attention. Creality said in its…
Tourists go through the departure tax refund process in Chengdu, Sichuan province. ZHANG LANG/CHINA NEWS SERVICE Jinjiang district in Chengdu, Southwest China’s Sichuan province, is taking consumption to another level by promoting both the debut economy and the departure tax refund policy. The district has so far put in place over 600 debut stores with…
Consumers look at gold jewelry at a store in Xuzhou, Jiangsu province, in August. CHINA DAILY Gold surged to a fresh record this week, with prices briefly hitting $3,500 an ounce in Asian trade on Tuesday, as industry players reported mixed interim results. Combined revenue at six listed firms fell 5 percent to 88.66 billion yuan…
CNOOC Ltd announced on Thursday that production on its Wenchang 16-2 oilfield development project has commenced. Located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 meters, the project will mainly leverage the adjacent existing facilities of the Wenchang Oilfields, with the addition of a new jacket platform integrating…
A large screen in Shanghai displays the stock market index on Aug 26. CHINA DAILY Confidence in China’s A-share market has strengthened, enhancing the capital market’s appeal and drawing quicker inflows from wealth management products, insurance funds and other institutional investors. With bank deposit rates still trending lower — some fixed-term deposits offering barely around 1…