Hangzhou, Zhejiang province, is developing a new type of power system by incorporating such clean energy resources as hydropower, wind, solar and storage, so as to raise its proportion of clean energy. Recently, the city facilitated the Shuangxikou Reservoir — the first medium-sized reservoir with a gravity-arch dam in Zhejiang — to begin to store…
Apple CEO Tim Cook addresses the media next to the company’s new Vision Pro augmented reality headset at the Apple Park campus in Cupertino, California. [Photo/Agencies] On a narrow one-way street in Guangzhou, South China’s Guangdong province, Yihong Precision Technology Co Ltd, a manufacturer of type-C adapters with only 45 skilled workers, provides 300,000 such…
Vehicles are under examination at a smart factory of Seres Group in Liangjiang New Area, Southwest China’s Chongqing municipality, April 25, 2024. [Photo/Xinhua] Profits at China’s major industrial companies slumped in August, the National Bureau of Statistics said on Friday, reflecting corporate pain stemming from weakening market demand. Industrial enterprises with annual revenue of at…
A wind farm generates power for grids in Zhoushan, Zhejiang province. [Photo by YAO FENG/FOR CHINA DAILY] BEIJING – China’s green and low-carbon development features bright spots and nurtures new opportunities, an official with the country’s energy administration has said. Wind power and photovoltaics have become major contributors to China’s newly added installed capacity and…
An intelligent connected vehicle tester conducts tests at an automobile inspection center in Tianjin in June. [Photo/Xinhua] BEIJING — Riding in a self-driving car may seem effortless, but piecing together the jigsaw of intricate artificial intelligence systems behind it still requires a human touch. Smart vehicle testers are newly created career positions made available by…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] BEIJING – China’s central bank conducted 182 billion yuan ($25.96 billion) of seven-day reverse repos at an interest rate of 1.5 percent Sunday. The move aims to keep liquidity in the banking system reasonable and ample at the end…
PwC’s global chair Mohamed Kande. [Photo provided to chinadaily.com.cn] Global professional firm PwC is eyeing the huge growth opportunities arising from Shanghai’s ongoing efforts to boost innovation and productivity, highlighting the city’s critical role in the firm’s global strategy. PwC’s global chair Mohamed Kande emphasized Shanghai’s pivotal role in driving global trends in urban development,…
Volkswagen Group CEO Oliver Blume delivers a speech at the World New Energy Vehicle Congress on Sept 27, 2024. [Photo provided to chinadaily.com.cn] Oliver Blume, CEO of Volkswagen Group, said China has emerged as the epicenter of the automotive industry’s future. He made the remarks on Friday at the 2024 World New Energy Vehicle Congress…
Actors perform a large-scale immersive stage play at a theatre in Wuwei, Northwest China’s Gansu province, July 9, 2024. [Photo/Xinhua] Inbound travel orders have surged by 60 percent for the upcoming National Day holiday, which falls from Oct 1 to Oct 7, and the number of trips and tourism consumption are expected to hit a…
An employee works at an auto production line in Wuhan, Central China’s Hubei province. [Photo/Xinhua] HAIKOU – Both Chinese and European electric vehicle (EV) makers and experts are calling for global cooperation and opposing trade protectionism at the ongoing 2024 World New Energy Vehicle Congress (WNEVC). With the deep development of advanced technologies, collaborative research…