China’s textile industry posted stable growth in the first four months of the year, official data show. The total value-added output of textile companies with an annual main business revenue of at least 20 million yuan ($2.79 million) went up 4.2 percent year-on-year during the January-April period, according to the Ministry of Industry and Information…
With an investment of 1 billion yuan ($139.6 million), United States-based dental company Envista Holdings Corp signed an investment agreement with the government of Suzhou New District in Suzhou, Jiangsu province recently, kicking off its new manufacturing base project in China. Entering the world’s second-largest economy two decades ago, Envista has invested and established industrial…
A container is unloaded from a ship onto a truck at Tanjung Priok Port in Jakarta, Indonesia, Feb 12, 2025. [Photo/Agencies] KUALA LUMPUR — Greater economic integration among members of the Association of Southeast Asian Nations is accelerating efforts to build an independent and resilient regional financial system, aimed at reducing reliance on external currencies…
A vehicle is assembled on an automated production line in Beijing. ZHENG HUANSONG/XINHUA In a significant move to protect the rights and interests of small businesses within the automotive supply chain, the Ministry of Industry and Information Technology activated a specialized online complaint channel. The online reporting window for key automakers’ payment commitment compliance records…
Oliver Blume (left), chairman of the board of management of Volkswagen AG, and Ralf Brandstaetter, chairman and CEO of Volkswagen Group China, answer questions in an interview with China Daily at Auto Shanghai in April 2025. [Photo provided to chinadaily.com.cn] Volkswagen AG has extended the contract of Ralf Brandstaetter, its group board member for China,…
Being the first manufacturer in Asia to roll out mass production of 3D vision chips, Orbbec integrates the technology into multiple fields, empowering robots with vision chips and striving to achieve the “China Creation” vision of idea to end product development within the country, said Huang Yuanhao, founder, chairman and CEO of Orbbec, during the…
Apollo, Baidu’s autonomous driving unit, and CAR Inc, a leading car rental company in China, have launched the world’s first autonomous car rental service available to the general public. Built on Apollo’s Level 4 autonomous driving platform, the service is closely integrated with CAR Inc’s nationwide rental network and fleet operations. It is the first…
The Light of Internet Expo is a signature event of the World Internet Conference (WIC) Wuzhen Summit, which is dedicated to showcasing new technologies, products, and scenarios in the global internet sector. The expo aims to build itself into a globally influential platform for displaying latest digital technologies and a high-end cooperation platform for the…
BYD celebrates its first anniversary of Royong factory in Thailand on Monday. PHOTO PROVIDED TO CHINA DAILY Chinese auto brand BYD celebrated its Thailand factory’s first anniversary on Monday, marking both its 90,000th New Energy Vehicle delivery and the first locally produced BYD Seal 5 model rolling off the production line. Somruedee Tanphairoj, director-general of…
A number of the latest products in the air mobility sector are set to make their debut at the first Advanced Air Mobility Expo, which will be held in Shanghai from July 23 to 26, organizers said Tuesday at a news conference. Aiming to enhance the practical application of advanced air mobility and boost the…