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EU’s selective approach will hinder fair solution, industry body says

A Chinese NEV attracts visitors during an auto expo in Paris, France. [Photo/Xinhua] The European Union’s move to conduct separate price commitment talks with specific Chinese companies will jeopardize the foundation of negotiations and erode mutual trust in the EU’s anti-subsidy probe against Chinese electric vehicles, said industry representatives on Wednesday. Despite China’s steadfast commitment…

China hailed as transformative force

China’s achievements over the past 75 years have been nothing short of spectacular, said Danilo Turk, former president of Slovenia, highlighting China’s role as a transformative force on the global stage, both economically and diplomatically. Danilo Turk, former president of Slovenia. [Photo provided to chinadaily.com.cn] In a recent interview with China Daily, Turk also praised…

Charging tech, facilities for harsh conditions in spotlight at construction exhibition

CSCEC’s “zero-altitude house” is seen near Mount Qomolangma, Xizang autonomous region. CHINA DAILY An ongoing construction science and technology exhibition in Beijing is showcasing the latest advancements in sustainable urban development and building technologies, providing a glimpse into a future where intelligent and green construction solutions lead the way. Several cutting-edge electric vehicle charging technologies and…

Bold measures to rev up Chinese economy

Turbines at Fuqing Xinghua Bay Offshore Wind Farm in Fujian province on August 8. JIANG KEHONG/XINHUA China’s economy will likely pick up pace in the fourth quarter amid a slew of bolder-than-expected stimulus measures, providing strong support for achieving its annual growth target of around 5 percent this year, economists said. As China grapples with lackluster…

China’s toy industry embedded with huge business opportunities

An American poses for a photo with a panda fluffy toy at Yu Garden in Shanghai on Sept 19, 2024. [Photo/Xinhua] China’s toy industry is embedded with huge business opportunities as reflected by the enthusiasm of both children and adults. At the 2024 China Toy Expo in Shanghai, visitors can see 17 categories of toy…

G20 Roundtable at Tsinghua shines light on digital transformation empowering women and youth employment

The 2024 G20 Entrepreneurship Roundtable was held at School of Economics and Management, Tsinghua University, on Oct 15-16. [Photo provided to chinadaily.com.cn] The booming digital economy has the potential to unlock new possibilities for women through flexible work models, said Dong Kui, secretary-general of the China Women’s Development Foundation, at the 2024 G20 Entrepreneurship Roundtable…

More focus on ESG key to green shift

The fourth edition of the ESG Global Leaders Conference will take place in at The Bund City Hall Plaza in Shanghai’s Huangpu district from Oct 16 to 18. [Photo provided to chinadaily.com.cn] Companies should attach greater importance to conducting more environmental, social and governance practices to contribute to China’s green transition, said experts and market…

Hainan to issue dim sum bonds in HK

A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] The country’s southernmost province of Hainan plans to issue up to 3 billion yuan ($421.8 million) in offshore renminbi bonds in the Hong Kong Special Administrative Region, marking its third consecutive year of tapping the dim…

ASML expects sales in China to return to ‘more normalized level’

Dutch chip manufacturing equipment provider ASML Holding NV confirmed to China Daily that it expects its sales in the Chinese market back to a “more normalized level”, as the company released its third-quarter fiscal report. ASML released on Tuesday its third-quarter earnings for 2024, revealing potential shifts in its China business performance. Analysts have noted…

JD opens its delivery service to Taobao, Tmall sellers

JD Logistics, the logistics arm of Chinese e-commerce behemoth JD, announced on Wednesday that sellers on Alibaba Group’s online marketplaces Taobao and Tmall can choose JD Logistics as the delivery method. JD Logistics said it will have full access to the Taobao and Tmall platforms where merchants could enjoy the integrated supply chain solutions involving…