Delivery employees pass through Beijing’s central business district on Feb 20. [ZHAO WENYU/CHINA NEWS SERVICE] China’s top market regulator has pledged a sweeping crackdown on cutthroat competition, warning that relentless price wars and copycat tactics would hinder innovation. The latest push marked Beijing’s push to regulate overheated markets, including online food delivery sector, without over…
A view of a Chinese-invested industrial park in Trinidad and Tobago. [Photo/Xinhua] Latin America’s rapid urbanization and industrialization have led to a rising need for improved transportation, energy, and telecommunication networks, presenting a significant opportunity for Chinese infrastructure firms to engage in mutually beneficial cooperation, analysts said. The unique strengths and expertise of Chinese infrastructure…
ADDIS ABABA – Chinese automaker Guangzhou Automobile Group Co Ltd (GAC Group) has introduced two of its electric vehicle models to the Ethiopian market, marking the Chinese car brand’s entry into the East African country. The company unveiled its AION Y and ES9 models on Saturday at a launch event in Addis Ababa, the capital…
A cargo ship carrying foreign trade containers drives out of Qingdao Port in Qingdao, East China’s Shandong province, on May 12. YU FANGPING/FOR CHINA DAILY Chinese Vice-Premier He Lifeng, the lead negotiator regarding Sino-US trade and economic affairs, met with lead persons from the other side — US Treasury Secretary Scott Bessent and US Trade…
China will further push innovation in next-generation telecommunication and digital infrastructure, such as 6G wireless technology, as part of its broader efforts to nurture new quality productive forces and build a modern industrial system, according to the Ministry of Industry and Information Technology. Zhang Yunming, vice-minister of industry and information technology, said that more efforts…
Tan Guangming, chairman of Shanghai EPU global and a distinguished expert at Shanghai University, calls for the deep integration of advanced technologies with China’s logistics supply chain to drive the industry toward significant progress. [Photo provided to chinadaily.com.cn] As China accelerates the development of international transport corridors with multimodal transport represented by the CR (China…
An aerial view of the north area of Xiaoyangshan Island, with construction underway. [Photo provided to chinadaily.com.cn] Shanghai is developing the north area of Xiaoyangshan Island into Shanghai Port’s largest automated container terminal, according to a recent briefing by the Shanghai International Port Group (SIPG). Upon completion, the project, which is a pivotal initiative for…
A robot poses during the 2024 China International Fair for Trade in Services in Beijing on Sept 12. [Photo/Xinhua] BEIJING — The 2025 China International Fair for Trade in Services (CIFTIS) is scheduled to open on Sept 10 in Beijing, with Australia invited as the guest country of honor. Starting this year, the fair will…
Harman International Industries, a global leader in automotive and consumer electronics innovation, expressed its deep admiration for the strength and dynamism of the Chinese market, recognizing its important role as a center for commercial growth and technological innovation, said its top executive. Christian Sobottka, president and chief executive officer of Harman. [Photo provided to chinadaily.com.cn]…
Xingji Meizu Group unveils its latest AI phones Note 16 series. [Photo provided to chinadaily.com.cn] Xingji Meizu Group, a smart device maker backed by Chinese auto giant Geely, has unveiled its latest artificial intelligence phone to target tech-savvy consumers, as the company vows to put “all into AI” amid the intensified competitions. The new phones…