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China’s nuclear power industry comes closer to large-scale development

China’s nuclear power industry is entering a critical stage of large-scale development, with the number of operational units expected to reach 70 by the end of 2026, according to senior environmental and nuclear safety officials. Currently, China accounts for more than half of the nuclear power capacity under construction globally, cementing its position as a…

China strengthening science park cooperation with BRI countries

Lyu Xianzhi, director of the Torch High Technology Industry Development Center. [Photo provided to chinadaily.com.cn] China is intensifying efforts to deepen science park cooperation with countries and regions involved in the Belt and Road Initiative, as part of the country’s 15th Five-Year Plan (2026-30) to promote high-quality international cooperation on scientific and technological innovation. The…

Vale and Shandong Shipping ink deal on world’s first ethanol-powered vessels

Vale and Shandong Shipping Corporation have signed a Contract of Affreightment for new ethanol/methanol tri-fuel Guaibamax vessels, which are scheduled for delivery starting in 2029. It’s the first time in the maritime industry that ethanol will be used as the primary fuel on an ocean-going vessel. With the potential to reduce greenhouse gas emissions by…

Hongqiao International CBD: 5 years of strategic transformation

The Hongqiao International Opening-up Hub has grown into a regional center of high-standard opening-up since its inception in 2021. At its core, what advances has Shanghai Hongqiao International Central Business District made? Watch the video to find out. Tanks to chinadaily.com.cn Please visit: Our Sponsor

China’s national high-tech zones urged to pioneer AI-driven research

Wu Jiaxi, deputy head of the department of planning at the Ministry of Industry and Information Technology. [Photo provided to chinadaily.com.cn] The Ministry of Industry and Information Technology has called on national high-tech zones to accelerate the exploration of new artificial intelligence-driven scientific research paradigms and technology development models, as part of broader efforts to…

ADB lifts China growth outlook as exports, high-tech investment drive momentum

The Asian Development Bank raised its growth forecast for China on Friday, citing continued strength in exports and high-tech investment as key drivers of economic momentum. The Manila-based multilateral development bank now expects China’s economy to expand 4.6 percent in 2026, up from its previous projection of 4.3 percent, before easing slightly to 4.5 percent…

German anchoring system supplier Fischer bullish on the Chinese market, CEO says

Alexander Bassler, CEO of Fischer. [Photo provided to chinadaily.com.cn] Seeing great growth potential in the Chinese market, the German anchoring system supplier is optimistic about the Chinese market and will keep investing in the country, said its top executive. Alexander Bassler, CEO of Fischer, said: “The Chinese market is one of the most dynamic and…

Chinese authorities stress regulation on competition order in power, battery energy storage sector

Workers carry out safety checks on electrical equipment in Wuzhong, Ningxia Hui autonomous region, in August. [Photo/Xinhua] BEIJING — Four Chinese authorities on Thursday convened a meeting with enterprises in the power and battery energy storage sector, to better regulate competition and promote orderly industry development. The meeting, jointly held by the Ministry of Industry…

Over 32,000 companies set to participate in 139th Canton Fair

The China Import and Export Fair, known as the Canton Fair, will kick off its 139th session on April 15 in Guangzhou, the capital of Guangdong province. [Photo by Qiu Quanlin/chinadaily.com.cn] The 139th session of the China Import and Export Fair will introduce nine dedicated exhibition zones for the first time, covering smart wearables, display…

Hyundai rules out China exit as it steps up EV push

A Chinese engineer at Hyundai explains details of the IONIQ VENUS concept car on April 10, 2026 in Beijing. [Photo provided to chinadaily.com.cn] Hyundai Motor said on Friday it has no plans to exit China despite lagging performance in the world’s largest auto market, underscoring a renewed commitment tied to its electrification push. “China is…