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Household saving rate increases to 15.4% in the euro area

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EU coal production and consumption reach historical low

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BMW Brilliance focuses on sustainability in China

Engineers at BMW Brilliance are working to ensure geothermal heating will be ready for use at its manufacturing network in Shenyang, Liaoning province, later this year. [Photo provided to chinadaily.com.cn] Sino-German joint venture BMW Brilliance is doubling down on its long-term commitment to sustainability in China, unveiling latest progress and fresh targets in its newly…

CHN Energy launches world’s first large-scale AI model for power generation

China Energy Investment Corp (CHN Energy) has launched the world’s first large-scale artificial intelligence model specifically designed for the power generation industry, the State-owned energy giant announced on Saturday. The model, described as operating at the hundred-billion parameter level, is intended to support intelligent decision-making system across the entire power generation chain, from safety and…

Sci-tech sector maturing rapidly amid incentives

Industrial humanoid robots are presented at an industrial park in Liuzhou, Guangxi Zhuang autonomous region, on June 18. LI HANCHI/XINHUA From clinching a sweeping 9-0 victory at the RoboCup German Open in March to gearing up for the RoboCup 2025 in Salvador, Brazil, in July, a Chinese humanoid robot soccer team has been capturing global attention.…

Siemens says US tech export ban lifted

Siemens AG announced it has been informed by the United States Department of Commerce’s Bureau of Industry and Security that export control restrictions on electronic design automation software and technology to Chinese customers have been lifted. The restrictions, outlined in a letter sent by the US government to the German tech giant on May 23,…

Foreign brands use China to reshape global trade

Mercedes-Benz showcases the long-wheelbase CLA at the Shanghai auto show in April. JOHANNES NEUDECKER/AP Multinational carmakers are accelerating efforts to localize operations in China — not only to bolster their performance in the country but to leverage their China experience for global competitiveness, according to industry experts. “More multinational companies are actively exploring how to achieve…

Pushing nation’s technological frontiers

After eight years of development, an innovative surgical robot has recently secured China’s first domestic registration certificate for a coronary interventional surgical robot approved by the National Medical Products Administration. Developed by Beijing-based medical equipment firm WeMed Medical Technology Co Ltd, the ETcath robot marks the country’s first homegrown surgical robot for cardiovascular interventions. “Our…