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TotalEnergies exec: China key engine for innovation

Visitors gather at TotalEnergies’ booth during a mining expo in Beijing. DU JIANPO/FOR CHINA DAILY China is a crucial engine for global sustainable innovation, particularly in the energy sector, a senior executive of TotalEnergies China said, highlighting the country’s rapid advancements and the French energy major’s increasing reliance on Chinese technology. “China has been at the…

GDP growth target seen as attainable

Jason Ding China’s economy is expected to gain momentum and meet its annual growth target of around 5 percent this year, buoyed by stimulus policy measures and technological innovation, said Jason Ding, managing partner of consultancy Bain & Co Greater China. The key drivers of China’s economic growth come from its large-scale manufacturing, green transition,…

Key chip firms say US export ban lifted

Semiconductor chips are seen on a circuit board of a computer in this illustration picture. [Photo/Agencies] Three key chip companies said on Thursday that the US had lifted export restrictions on chip design software for China and that they have resumed or are in the process of resuming sales and support to Chinese customers. Siemens…

China’s global financial ranking on rise

Lujiazui, Shanghai’s financial center, forms a perfect backdrop to Shanghai’s Bund. [Wang Gang/For China Daily] China ranks fourth in terms of its global financial competitiveness this year, following the United States, United Kingdom and Japan, with China’s rank one place higher than last year, according to a new report released at the Digital Finance Forum…

Nation well-positioned to meet 2025 growth target

Chen Deqiu Underpinned by resilient domestic demand, emerging technological drivers, and a deepening commitment to institutional opening-up, China remains on track to achieving the around 5 percent growth target for this year, a renowned economist said. “Looking ahead to the full year, I believe that China has the confidence and capacity to meet the around…

IWG targets growth in China’s evolving office market

Amid growing demand for flexible office solutions that cater to evolving employee expectations and enhance operational agility, International Workplace Group, a Switzerland-based provider of hybrid working solutions, plans to expand into more lower-tier cities in China with innovative service formats over the next five years, said its senior executives. During his recent visit to China,…

Beijing eyeing situation after US-Vietnam trade deal

China will take countermeasures to safeguard its interests and firmly oppose any attempt to reach a trade deal that harms China’s interests, the Ministry of Commerce said on Thursday. He Yongqian, a spokeswoman for the ministry, made the remarks at a news conference, responding to questions about the trade deal the United States reached with…

ChiNext Index jumps to three-month high

The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, jumped 1.9 percent on Thursday to close at 2,164.09 points, the highest level in more than three months, driven by sectors including consumer electronics, innovative drugs and solid-state batteries. The broader A-share market also ended higher on Thursday, with the benchmark Shanghai Composite Index up…