ZHENGZHOU – A new business headquarters building for Foxconn, the world’s leading electronics manufacturer, broke ground in Zhengzhou, the capital of Central China’s Henan province, on Thursday. This move marks a significant step forward for the Taiwanese company in advancing its new strategic industry layout in the mainland market. The new headquarters will span over…
A drone flying from Lingshan Island prepares to land at Jimiya Wharf in Qingdao West Coast New Area, on Feb 27. Compared with traditional boat transportation, the land-island drone logistics delivery saves nearly 80 percent of the time. [Photo/Xinhua] Qingdao’s first low-altitude island logistics route was launched on Thursday, realizing two-way transportation of goods between…
Engineers from China Railway 20th Bureau Group Corp at work on a section of the Ntui-Mankim Highway project in Cameroon. CHINA DAILY China Railway 20th Bureau Group Corp (CR20G), a unit of State-owned China Railway Construction Corp, said it will intensify efforts to expand in markets involved in the Belt and Road Initiative and other…
A customer checks out beverages at a supermarket in Binzhou, Shandong province, in February. CHU BAORUI/FOR CHINA DAILY China’s urban fast-moving consumer goods market recorded a 1.2 percent year-on-year sales increase in the fourth quarter, bringing full-year growth to 1.7 percent, according to Kantar Worldpanel’s latest report. The overall market remained stable, with notable shifts across…
CHONGQING – A new 8-inch silicon carbide device manufacturing facility officially commenced operations on Thursday in Southwest China’s Chongqing municipality. The project, which was established in 2023 by Sanan Optoelectronics, a leading compound semiconductor company in China, and STMicroelectronics, a world leader in semiconductor solutions, is expected to achieve mass production in the fourth quarter…
The Italian Food Festival was launched in Maidelong membership stores, formerly known as Metro China, in Beijing on Friday, marking a collaboration between the Italian Trade Agency (ITA) and the retailer to boost the presence of Italian foodstuffs and agricultural products in China. Running through June 10, the festival will be held in three Maidelong…
A containership is berthed at Tianjin Port’s IoT-supported terminal. [Photo/China Daily] China has maintained open lines of communication with the United States Department of Commerce, the Ministry of Commerce said on Thursday, in response to US President Donald Trump’s remarks that Washington might reach a new trade agreement with Beijing. In the face of ongoing…
Two Nanjing Customs officers inspect export-bound vehicles at a container yard of Taicang Port, Jiangsu province. [Photo provided to China Daily] With rising protectionism creating strong headwinds for the global economy, Chinese companies have been proactively strengthening economic and trade ties by engaging with global business communities, ensuring the smooth operation of international supply chains…
China has urged the United States to swiftly abandon its decision to launch a Section 232 investigation into Chinese copper imports under the guise of national security, the Ministry of Commerce said on Thursday. The US probe comes despite a World Trade Organization expert panel ruling in 2022 that the US’ previous Section 232 tariffs…
Sino Biopharmaceutical Limited announced on Thursday that it had signed an exclusive strategic cooperation agreement with Sciwind Biosciences, a biotech company researching innovative treatments based in Hangzhou, Zhejiang province. The deal will bring in a candidate drug of Sciwind Bioscience, which is expected to become China’s first Class-1 innovative drug for nebulized treatment of pediatric…