China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] China does not agree with or accept the European Union’s decision to impose additional tariffs on electric vehicles manufactured in its market, pledging the country will take all necessary measures to safeguard the interests of its companies, said the Ministry of Commerce…
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The 2024 Taihu Bay Wuxi Low-Altitude Economy Innovation and Development Conference opens in Wuxi on Oct 26. [Photo provided to chinadaily.com.cn] The 2024 Taihu Bay Wuxi Low-Altitude Economy Innovation and Development Conference took place in Wuxi, Jiangsu province, on Oct 26, aiming to advance the development of the low-altitude economy in the city. Some significant…
This undated photo shows a bird’s eye view of Qianhai of Shenzhen, Guangdong province. [Photo provided to China Daily] SHENZHEN – Shenzhen, a tech hub located in South China’s Guangdong province, has opened three dedicated offices to prioritize the development of the artificial intelligence (AI), new energy vehicle (NEV), and medicine and medical apparatus industries.…
[Photo/Agencies] China expressed concerns about the tariff hikes imposed by the United States and Russia-related sanctions during a meeting between the two countries’ economic working groups in Washington, the Ministry of Finance said on Saturday. China’s Vice-Minister of Finance Liao Min highlighted the potent package of stimulus policies that the world’s second largest economy introduced…
[Photo/Agencies] China expressed concerns about the tariff hikes imposed by the United States and Russia-related sanctions during a meeting between the two countries’ economic working groups in Washington, the Ministry of Finance said on Saturday. China’s Vice-Minister of Finance Liao Min highlighted the potent package of stimulus policies that the world’s second largest economy introduced…
US-based restaurant chain Subway opens its 4,000th store in the Asia-Pacific region, in Shanghai on Tuesday. [GAO ERQIANG/CHINA DAILY] US-based restaurant chain Subway’s opening of its newest store in Shanghai, its 4,000th outlet in the Asia-Pacific region, on Tuesday indicates the brand’s confidence in the bright prospects of the China market, according to its top…
Chinese refiner Sinopec reported a decline in third-quarter net profit and revenue on Monday. The world’s largest refiner announced its capacity decrease, when it posted a 52.1 percent year-on-year decline in net profit to 8.54 billion yuan ($1.2 billion) for the third quarter while its revenue meanwhile was 790.4 billion yuan, down 9.8 percent from…
A staff member of Chinese automaker GAC Group debugs an electric sports car during the 2024 World Intelligent Connected Vehicles Conference in Beijing, Oct 17, 2024. [Photo/Xinhua] BEIJING – Having surged to the forefront of the global new energy vehicle (NEV) market with their outstanding performance, Chinese automakers are exploring strategies to gain an…
This photo taken on Sept 13, 2024 shows an experimental high-speed train running along the Longyan-Longchuan High-Speed Railway in South China’s Guangdong province. [Photo/Xinhua] China’s gross domestic product grew by 4.6 percent year-on-year in the third quarter following a 4.7 percent rise in the second quarter, the National Bureau of Statistics said on Friday. In…