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BRI project showcases appeal of industry, technology in Indonesia

Children in Indonesia cultivate a sense of “protecting nature and safeguarding green” at the nursery and planting base of Indonesia Morowali Industrial Park — a landmark project of cooperation between China and Indonesia under the Belt and Road Initiative framework. [Photo provided to chinadaily.com.cn] To attract residents’ attraction to industry and technology, and their love…

Bullish results spur hopes in auto sector

Chinese NEV startup Leapmotor displays a C01 sedan at the 2025 Shanghai auto show in April. HECTOR RETAMAL/AFP Chinese new energy vehicle startups posted a record-breaking performance in the first half of this year, demonstrating their growing momentum in both domestic and overseas markets. Leapmotor has turned a profit for the first time in a half…

China’s industrial profits decline at slower pace in July

Robots work at an assembly line of FAW-Hongqi in Changchun, Northeast China’s Jilin province, April 24, 2024. [Photo/Xinhua] Profits at China’s major industrial companies declined at a slower pace in July, with sectors led by high-tech manufacturing reporting rapid growth, official data showed on Wednesday. Data from the National Bureau of Statistics showed that industrial…

China’s transport sector maintains steady growth in July: ministry

An aerial drone photo taken on Aug 19, 2025 shows a cargo ship at Qingdao Port in Qingdao, East China’s Shandong province. [Photo/Xinhua] BEIJING – China’s transport sector sustained stable growth in July, with both freight volumes and passenger flows rising and fixed-asset investment remaining strong, according to official data released Wednesday. The sector handled…

State Grid deepens talent pool to boost development in Xizang

As Xizang autonomous region is celebrating the 60th anniversary of its establishment as an autonomous region in Southwest China, Palden Tsering in Lhokha is eager to learn more as a Tibetan power worker. As a newcomer to State Grid Lhokha, he knows all too well that to help accelerate the progress of Lhokha — which…

Arm’s Zena CSS aiming to speed up automotive AI

British compute platform company Arm is positioning its new Zena CSS as a flexible computing foundation for the next generation of AI-powered vehicles, providing automakers and chipmakers a way to accelerate development while maintaining flexibility for differentiation. The platform, which it claims can enable automakers to launch new vehicle models at least one year faster,…

eVTOL sector hits new highs

A model of the VE25-100 displayed at Volant Aerotech in Shanghai on Aug 26. [Photo provided to China Daily] Volant Aerotech, a Shanghai-based electric air taxi maker, signed a confirmed order on Tuesday with ABC Financial Leasing Co Ltd, a wholly owned subsidiary of Agricultural Bank of China, for 10 units of its electric vertical…

Jin Jiang Hotels expanding presence in SEA markets

A view of the Metropolo Jinjiang Hotel in Luang Prabang, Laos. CHINA DAILY Riding the wave of travel to and within Southeast Asia, Shanghai Jin Jiang International Hotels Co Ltd is extending its footprint around the world. Currently, the scale of Jin Jiang’s hotel portfolio tops Asia and ranks second in the world. By the end…

Targeted measures shore up job market

Job seekers attend a job fair held in Haikou, South China’s Hainan province, on July 26, 2025. [Photo/VCG] BEIJING — China is reinforcing its job market with a mix of targeted policies and robust financial support, underscoring the country’s efforts to promote high-quality and sufficient employment. The country has created more than 12 million new…