China and Mongolia started building a new cross-border railway on Wednesday, which is seen as a major route for energy cooperation between the two countries. China’s section is being built by China Energy Investment Corp (CHN Energy), the country’s largest coal-fired power generator by capacity. It is planned to be finished and open by 2027.…
Technicians check power storage equipment at a power station in Rongcheng, Shandong province, on April 28. LI XINJUN/FOR CHINA DAILY China has released new rules to guide more auxiliary electricity services into the market to ensure a steady power system, which industry experts believe will create significant opportunities for new energy technologies like energy storage, virtual…
China and Saudi Arabia are deepening cooperation in agriculture and sustainable development, with more than 600 representatives from government and industry attending the China (Beijing)-Saudi Arabia Forum on Agricultural Industry and Sustainable Development in Beijing on Tuesday. At the forum, more than 70 cooperation agreements were signed between Chinese and Saudi enterprises and institutions, with…
A new report assessing the investment environment of countries in Latin America has been released, providing support for Chinese enterprises to go global and help promote high-quality bilateral development. Latin America has abundant natural resources, vast market capacity and diverse social structure, which boasts significant development potential in the medium and long-term, said the report…
This photo taken on April 30, 2025 shows trucks at a cargo dock of Qingdao Port in Qingdao, East China’s Shandong province. [Photo/Xinhua] Business groups and economists have welcomed the tariff adjustment measures announced by China and the United States on Monday, expressing the hope that the 90-day triple-digit tariff respite will allow both countries…
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A Linyi-Uzbekistan economic and trade fair was held on May 11 in Tashkent, Uzbekistan, serving as an important exchange platform for trade and enterprise representatives from both sides. During the fair, Linyi in East China’s Shandong province introduced a comprehensive digital service platform of the Linyi Trade City. In addition, several cooperation agreements involving procurement,…
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China’s State-owned energy giant China Petroleum and Chemical Corp, also known as Sinopec, announced on Tuesday a major breakthrough in natural gas exploration. The company announced that a well in the Sichuan Basin in Southwest China tested at a high daily output of 314,500 cubic meters of industrial gas flow, a discovery that will boost…
The logo of Meituan. [Photo/VCG] Chinese on-demand service leader Meituan said on Monday it will invest $1 billion in Brazil over the next five years and launch its food delivery brand Keeta there in the coming months, marking its latest push in going global. Meituan’s announcement came during a China-Brazil business seminar held in Beijing…