Vehicle makers in Europe could face fines of 15 billion euros ($17.4 billion) for carbon emissions as they are selling too few electric vehicles, Renault CEO Luca de Meo said on Saturday. Luca, who is also president of the European Automobile Manufacturers Association, made the remarks in an interview with France Inter radio. The EU’s…
Merchants visit the “Invest in China” area of the 24th China International Fair for Investment and Trade (CIFIT) in Xiamen, Fujian province, Sept 8, 2024. [Photo/Xinhua] China’s attractiveness in opening-up and cooperation is strengthening, and the two-way investment is realizing new development, Xinhua News Agency reported, quoting a report released during the International Investment Forum…
The Ministry of Commerce. [Photo/VCG] China has urged the Netherlands to avoid hindering normal cooperation and development between the two countries’ semiconductor industries, emphasizing the need to ensure the interests of both Chinese and Dutch businesses, said the Ministry of Commerce on Sunday. The Dutch government has expanded its control measures on lithography machines, extending…
The 24th China International Fair for Investment and Trade kicks off in Xiamen, East China’s Fujian province, on Sunday. [By Hu Meidong/China Daily] The 24th China International Fair for Investment and Trade kicked off in Xiamen, East China’s Fujian province, on Sunday. Under the theme “Investment Connecting the World”, the four-day event has attracted participants…
China has launched an anti-dumping investigation into rapeseed imports from Canada, effective from Monday, according to the Ministry of Commerce. Preliminary evidence and information obtained by the Ministry of Commerce indicate that Canadian-origin rapeseeds are being sold in China at prices lower than their normal value, suggesting the fact of dumping, the ministry’s trade remedy…
NANJING/BERLIN — Philipp Kortum, chief financial officer of TUV Rheinland, a renowned German testing and certification services provider, was astounded by the swift completion of its Phase II laboratory in Taicang, a county-level city in East China’s Jiangsu province. Completed six months ahead of schedule, the Yangtze River Delta Operation Hub in Taicang, now TUV…
US-based specialty chemistry company Lubrizol Corp has opened its beauty research institute in Shanghai as its firm commitment to further local-for-local innovation and growth, said a top executive of the company, which is owned by multinational conglomerate Berkshire Hathaway. “We think this region is perfect and couldn’t have a better place in China,” said Rebecca…
Wang Lei, CEO of Ant Cryptographic Computing Technologies, speaks at the Inclusion Conference on the Bund, Sept 6, 2024. [Photo provided to chinadaily.com.cn] Ant Group subsidiary, Ant Cryptographic Computing Technologies, introduced its SecretFlow Cloud platform at the Inclusion Conference on the Bund on Sept 6. This cryptographic computing platform seeks to facilitate secure data circulation…
China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [XINHUA] An electric vehicle designed in Spain by Volkswagen’s Cupra brand but made in China would be “wiped out” if the European Commission followed through with planned import tariffs of 21.3 percent, the brand’s CEO said. Raising the price of the Tavascan, an…
A robot plays guzheng, a Chinese zither, at an expo in Guangzhou, South China’s Guangdong province on Sept 8, 2024. [Photo/VCG] Robots are changing Chinese people’s life in different occasions. They can not only provide important information at high-level conferences and banks but also service coffee and meals. Some can even play guzheng, a Chinese…