The service industry, which is already an important growth engine for Shanghai, should become more digitalized, standardized, integrated and international to further improve the city’s economic resilience and its capacity to allocate service resources worldwide. These goals are included in the city’s 15th Five-Year Plan (2026-30) for the service industry, which was released on Monday.…
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Boeing signed several cooperation agreements with Chinese companies at last week’s inaugural MRO Greater China exhibition in Beijing, indicating the US plane-maker’s firm interest in expanding its business in China. With China’s commercial fleet continuing to grow, the agreements signed with Boeing covered in-flight connectivity, aircraft maintenance support and parts procurement. Boeing has stated it…
Visitors check out the Freelander SUV brand at its launch at the Museum of Art Pudong in Shanghai on March 31. LI FUSHENG/CHINA DAILY Automakers are increasingly turning to China to revive legacy brands and accelerate their transition to electrification, marking a structural shift in the global auto industry. The trend has been highlighted by…
Visitors take a picture of XPeng’s flagship GX SUV in Beijing on May 20. LI FUSHENG/CHINA DAILY Automakers in China are rolling out larger new energy vehicles with longer driving ranges and more smart functions and comfort features. But bigger battery packs, larger bodies and extra equipment are pushing up vehicle weight, raising concerns over…
Lululemon hosted a yoga festival at the Huanghuacheng Water Great Wall in Beijing. [Photo provided to chinadaily.com.cn] Thousands of enthusiasts gathered at the Great Wall in Beijing on Saturday for a yoga festival organized by Lululemon. The festival was billed as part of the athletic apparel, footwear, and accessories retailer’s growing investment in China. More than…
CAI MENG/CHINA DAILY The global economic and trade landscape is undergoing profound restructuring, with geopolitical tensions becoming increasingly complex and a new round of technological revolution and industrial transformation gathering pace. As challenges such as climate change and demographic shifts become increasingly intertwined, Asia-Pacific Economic Cooperation economies face a shared imperative — to build a…
Residents Zhu Li (left) and Li Yuanyuan take part in a beach cleanup on Dongji Island. CHINA DAILY Set-jetting is simple: watch a film, then… Read More »From quiet fishing post to film set and tourism hot spot
Ferrari unveils its all-electric Luce model on May 25 in Rome. AFP As its sports car rivals tap the brakes on a shift to EVs, Ferrari took a leap into the uncertain on Monday in Rome with the launch of its first fully-electric car. With a top speed of 310 kph (193 mph), Ferrari’s four-door…