Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] The People’s Bank of China (PBOC) has pledged to intensify monetary policy adjustments and lower financing costs to support economic growth, according to a statement released on Friday after its first-quarter monetary policy committee meeting. The meeting, held…
XPeng launches the X9 in Malaysia in early 2025. [Photo provided to chinadaily.com.cn] Chinese NEV startup XPeng is expected to ship over 40,000 vehicles overseas this year, twice the 2024 level, said Chairman and CEO He Xiaopeng on Tuesday. Last year, XPeng delivered over 20,000 vehicles in overseas markets, ranking first among Chinese startups. He…
Eyeing the rapid development of artificial intelligence technology, Wuxi Economic Development Zone (WEDZ) in Jiangsu province will build itself into a hub for AI technology innovation and applications, officials said during a high-tech conference in the city on Friday. Measures tailored to the city’s ambitious plan were also unveiled at the event, including special funding…
Lujiazui, Shanghai’s financial center, forms a perfect backdrop to Shanghai’s Bund. [Wang Gang/For China Daily] China is taking steps to establish a well-functioning and sustainable regulatory mechanism for enterprise-related fees aimed at anchoring expectations of market players of all types and boosting their confidence in future growth, the State Council, the country’s Cabinet, said on…
label”).text(“Enter search term”); } }); ]]> Search by keyword Enter search term Search = 768 ? true : false; /* Set the width of the sidebar to 250px and the left margin of the page content to 250px */ function openNav() { if(screen.width >= 768){ $(“#facets”).css(“width”, “30%”); $(“#search-results-container”).css(“width”, “69.9%”); $(“#search-results-container”).css(“padding-left”, “3%”); } else { $(“#facets”).css(“width”,…
label”).text(“Enter search term”); } }); ]]> Search by keyword Enter search term Search = 768 ? true : false; /* Set the width of the sidebar to 250px and the left margin of the page content to 250px */ function openNav() { if(screen.width >= 768){ $(“#facets”).css(“width”, “30%”); $(“#search-results-container”).css(“width”, “69.9%”); $(“#search-results-container”).css(“padding-left”, “3%”); } else { $(“#facets”).css(“width”,…
Brazilian mining company Vale SA logo and trading symbol are displayed on a screen at the New York Stock Exchange (NYSE) in New York, US. [Photo/Agencies] Vale and HBIS Group signed a Memorandum of Understanding in Beijing on Thursday to deepen collaboration on decarbonization and jointly promote the green and low carbon development of the…
label”).text(“Enter search term”); } }); ]]> Search by keyword Enter search term Search = 768 ? true : false; /* Set the width of the sidebar to 250px and the left margin of the page content to 250px */ function openNav() { if(screen.width >= 768){ $(“#facets”).css(“width”, “30%”); $(“#search-results-container”).css(“width”, “69.9%”); $(“#search-results-container”).css(“padding-left”, “3%”); } else { $(“#facets”).css(“width”,…
A BMW M5 model is showcased at the 2024 the China International Import Expo in Shanghai. [Photo by Li Fusheng/chinadaily.com.cn] BMW Group is fast-tracking its evolution into a technology-driven company, with China playing a pivotal role in its strategy. The German premium automaker has ramped up investment in research and development, navigating challenges in an…
SHANGHAI — Tesla’s new Megafactory in East China’s Shanghai on Friday exported its first batch of Megapack energy-storage batteries, the company announced. It took the new Megafactory just over a month after its production launch to achieve its first export, with the batteries being transported from Shanghai Port to Australia. This export highlights Tesla’s further…