China has moved to open its value-added telecommunications sector to foreign investment, with 166 overseas-funded enterprises receiving approval to operate in key pilot zones, the Ministry of Industry and Information Technology (MIIT) announced on Wednesday. The approvals, granted since the first batch of pilot licenses for value-added telecom services was issued in February last year,…
Chinese sportswear giant Li-Ning is turning to NBA superstar Stephen Curry to accelerate its global growth and strengthen its basketball and lifestyle segments. On Monday, the company announced a partnership with Curry and his Curry Brand, to develop basketball, golf and lifestyle products, and promote sports culture initiatives worldwide. Li-Ning plans to open Curry Brand…
An image captures the construction of a box girder for the Jiaozuo-Luoyang-Pingdingshan High-speed Railway, a project partially undertaken by China Railway Construction Corp’s 24th bureau, in Jiaozuo, Henan province, on May 25. CHINA DAILY BEIJING — China is mulling multi-trillion-yuan investment through a “Six Networks” initiative, as the country works to expand domestic demand and…
China brought into force on Monday new trade secret regulations that explicitly extend legal protection to data and algorithms for the first time, as the country moves to strengthen safeguards for digital assets amid intensifying competition in artificial intelligence and advanced technologies. The new rules, issued by the State Administration for Market Regulation, the country’s…
In order to build on their leadership in the global arena and unlock next-generation growth channels, China’s leading photovoltaic firms are eyeing space-based solar energy production as the industry’s next technological frontier. By expanding into this field, they hope to diversify their business, break conventional market constraints and create high-end applications for China’s substantial solar…
If you have an idea to build something new, Zhejiang province may be one of the best places to turn it into reality. Nikk Mitchell, a 38-year-old Canadian entrepreneur, has lived in China for nearly two decades. After years of exploring opportunities across the country, he ultimately chose Hangzhou, the capital of Zhejiang province, as…
A night view of Shanghai’s financial hub. BAO GANSHENG/FOR CHINA DAILY Shanghai’s continued efforts to develop the asset management industry, driven by enriched product supply and optimized financial infrastructure, will facilitate the country’s high-quality economic growth and further consolidate the city’s role as a global financial center, said analysts and experts. Their comments were regarding…
A worker drives a newly assembled electric three-wheeler off the production line at a factory in Xuzhou, Jiangsu province, on Oct 16. MAO JUN/XINHUA At a workshop owned by Jiangsu Zhufeng Electromechanical Technology Co in Xuzhou, Jiangsu province, a buyer evaluated an electric three-wheeler model destined for Indonesia, discussing modifications with engineers, who took detailed…
[PHOTO/CHINA BOUND] Discover Jinsha Gorge in Tianzhu Tibet autonomous county, Wuwei, Gansu province. Hidden deep within the mountainous terrain of the eastern Qilian Mountains, it… Read More »Jinsha Gorge, Wuwei, Gansu – Chinadaily.com.cn
[Photo/Xinhua] Humanoid robots performing martial arts, robotic dogs demonstrating their agility and robots dancing to foreign folk music have become some of the more unusual scenes on foreign leaders’ trips to China this year. Behind the eye-catching moments is a broader trend: China’s vast market and technological strength are drawing visiting leaders beyond formal talks…