China’s top auto dealer association urged all automakers to stop cutthroat competition in a rare public announcement on Tuesday, saying the race to the bottom is threatening the survival of dealerships and undermining the broader push for high-quality growth in the automotive sector. The China Auto Dealers Chamber of Commerce, which is under the All-China…
“The South China Sea issue is not the entirety of China-ASEAN relations,” said Wu Shicun, chairman of Huayang Center for Maritime Cooperation and Ocean Governance, during the 2025 RCEP Media & Think Tank Forum. He believes that ACFTA 3.0 could create a favorable atmosphere for resolving the South China Sea issue, particularly in promoting maritime…
Visitors check out Alibaba Cloud services during a high-tech conference in Hangzhou, Zhejiang province, in September. LONG WEI/FOR CHINA DAILY The cloud computing arm of Chinese tech giant Alibaba Group will accelerate the construction of a global cloud computing network and push forward the internationalization of its artificial intelligence-powered products to help Chinese enterprises expand…
After the dispatch order was issued, the fourth main transformer of the 500 kilovolt Jiangbin Substation in Shaoxing, Zhejiang province, was energized and entered the trial operation at 22:24 on May 27. This power substation standing on the bank of the Cao’e River completed its capacity expansion and upgrade, marking a new guarantee for Shaoxing’s…
The United States has seriously undermined the consensus reached during the China-US economic and trade talks in Geneva by repeatedly imposing various discriminatory and restrictive measures against China, said the Ministry of Commerce on Monday. In response to the US claims that China has “recently violated the consensus” reached during the China-US economic and trade…
The United States’ repeated and unpredictable policy shifts have not only enhanced the risk of deepening its economic and trade frictions with China, but have also weakened its credibility in the international market, analysts and exporters said on Monday. These policy shifts are undermining the confidence of global businesses and investors in US policies, market…
Night view of Lujiazui Financial and Trade Zone of Pudong in Shanghai, July 8, 2017. [Photo/VCG] Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday. Zheng Yang,…
Global gold mine production reached a total of 3,247 tons in 2017, five tons below the previous year, according to the GFMS Gold Survey 2018. It is also the first annual drop since 2008, and the report attributed it to environmental concerns, and crackdowns on illegal mining operations. China, the world’s number one gold producer,…
Guangzhou in South China’s Guangdong province provides the most job opportunities in enterprises in the first quarter of this year, a report said. With development of the Guangdong-Hong Kong-Macao Greater Bay Area set to begin, Guangzhou witnessed 24.95 percent year-on-year growth in recruitment demand in Q1, according to the report by 58 Tongcheng Recruitment Research Institute.…
To ensure worry-free trips for new energy vehicle owners during the recent Dragon Boat Festival holiday, staff members from State Grid Shaoxing Power Supply Company conducted inspections on charging piles at the Jingling Service Area of the S9 Sutai Expressway in Xinchang, Shaoxing, Zhejiang province, on May 31. Last year, Zhejiang province ranked second nationwide…