CNOOC Limited announced on Tuesday that Kenli 10-2 Oilfields Development Project (Phase I) has commenced production, marking the production launch of the largest shallow lithological oilfield offshore China. The project is located in southern Bohai Sea, with an average water depth of about 20 meters. The main production facilities include a new central platform and 2 wellhead platforms,…
Visitors view the structural shell of an electric vehicle at the third China International Supply Chain Expo in Beijing on Saturday. JU HUANZONG/XINHUA BEIJING — Every few dozen seconds, a gleaming electric vehicle glides off an automated assembly line in China, where nimble robotic arms perform with ballet-like precision and AI systems orchestrate production with…
A Booster T1 humanoid robot plays football in Beijing Economic-Technological Development Area in Beijing, capital of China, on June 17, 2025. [Photo/Xinhua] BEIJING — In the first half of 2025, 10,900 new entities were established in the digital economy and its core industries in Beijing, marking a year-on-year surge of 53.92 percent, with the digital…
The Hong Kong Gold Exchange signs a Memorandum of Understanding with Ant Bank (Macau) Limited on July 18 to collaborate on building a one-stop gold trading service system, bolstering connectivity between the financial markets of Hong Kong and Macao. [Photo provided to chinadaily.com.cn] The Hong Kong Gold Exchange has signed a Memorandum of Understanding with…
US-based specialty chemicals company Lubrizol Corp sees massive opportunities in China, positioning the world’s second-largest economy as a “cornerstone” of its global innovation strategy and a critical pillar for its worldwide supply chain stability, said a top executive. China stands as one of the world’s largest markets and a powerful innovation engine, driving technological transformation…
Guests shake hands with each other during 2024 Summer Davos in Dalian, Liaoning province, on Aug 22. YAO JIANFENG/XINHUA Dalian is looking to expand its foreign trade with a focus on neighboring international markets as it sprints toward becoming a city with a trillion-yuan ($139.7 billion) annual gross domestic product. The coastal port city, in…
The Kanas River winds through birch forest in Altay prefecture, the Xinjiang Uygur autonomous region, on July 1. [Photo by Owen Fishwick/China Daily] At the… Read More »A land of breathtaking beauty leaves lasting impression
Shanghai Xinfu Technology Co Ltd showcase a humanoid robot that it developed for museum guidance scenarios at an event held in Shanghai on Monday. [Photo provided to chinadaily.com.cn] Shanghai Xinfu Technology Co Ltd has developed humanoid robots tailored for various applications, including museum guidance, front desk reception and stage acting, the enterprise said on Monday.…
Shenzhen in South China’s Guangdong province has made remarkable progress in facilitating payment transactions for foreigners visiting the city as it strives to create a favorable environment amid a surge in the number of such visitors, thanks to optimized visa policies. Foreign nationals made a total of 85.88 million noncash payment transactions in the southern…
[Photo provided to chinadaily.com.cn] Horen Group, a Shanghai-based specialist in intelligent reusable packaging, obtained 130 million yuan ($18.12 million) in a Series F funding round on Monday to support its global expansion. The investment, led by Timesbole’s Xianju New Energy Industry Fund, will also be channeled towards enhancing its technology and business model. The funding…