A robot attracts delegates during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday. CHINA DAILY Several enterprises have vowed to invest in Shanghai amid continued efforts by the city to improve government efficiency and facilitate technology innovation. Their investment commitments came during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday, which…
Free trade ports can drive connectivity and opening-up forward especially in a changing world where geopolitical shifts, poverty and even supply chain disruptions prevail, as emphasized by guests and experts participating in the Free Trade Port Development session on Tuesday under the 2025 Boao Forum for Asia. Ban Ki-moon, chairman of Boao Forum for Asia,…
The China International Hydrogen Congress 2025 was held in Beijing on Wednesday, serving as a global platform for exchange, dialogue and collaboration in the hydrogen energy industry. Focused on industry frontiers, the event, hosted by the China Hydrogen Alliance and the China Electricity Council, aims to promote global energy transition and sustainable development. The conference…
China Development Bank has recently disbursed a dedicated loan of $76.5 million to bolster the growth of small and medium-sized enterprises across Africa, the bank said in a news release on Wednesday. The loan, which is provided to the National Bank of Egypt, will provide financial support to 94 SMEs operating in 8 sectors, including…
Consumers select new energy vehicles in a BYD 4S store on March 11 in Qinhuangdao, Hebei province. CAO JIANXIONG/FOR CHINA DAILY Chinese new energy vehicle maker BYD saw its 2024 total revenue rise over 29 percent year-on-year to 777.1 billion yuan ($107 billion), outperforming Tesla for the first time. That brought its net profit attributable…
JOHANNESBURG — Hisense South Africa and China National Building Material Group (CNBM) on Tuesday signed a strategic cooperation agreement to provide smart energy solutions in South Africa. The deal was inked in Johannesburg, where the Solar and Storage Live Africa 2025, one of Africa’s largest renewable energy exhibitions, is currently taking place. After the signing…
Visitors gather at German technology group Heraeus’ booth during the seventh China International Import Expo in Shanghai last week. [Photo/China Daily] SHENYANG — German technology company Heraeus Group on Tuesday officially launched its new quartz manufacturing plant in Shenyang, the capital of Northeast China’s Liaoning province, in its latest move to deepen Sino-German manufacturing cooperation.…
“There are many areas where China can be a leader,” said Ian Goldin, professor at the University of Oxford, to China Daily Website at the China Development Forum on Monday.He noted that China still has significant room for economic growth, with an increasing number of positive market factors and a steady rise in investment. Goldin…
BMW showcases a Vision Neue Klasse model at the 2024 Beijing auto show. [Photo by Li Fusheng/chinadaily.com.cn] SHENYANG — German automaker BMW on Tuesday announced the launch of its 360-degree full-chain artificial intelligence (AI) strategy in China, aimed at accelerating the integration of AI across its operations in the country. The newly unveiled AI strategy…
Wu Xiaoqiu, Huang Qifan and Peng Sen (from left to right) at a high-level dialogue on China’s reform and economic prospects during the ongoing Boao Forum for Asia Annual Conference 2025. FENG YONGBIN/CHINA DAILY China’s economy is showing clear signs of steady recovery with a sound showing in the first two months, and is back…