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JD acquires majority interest in German electronics firm

Chinese e-commerce giant JD said on Wednesday it has acquired approximately 59.8 percent of the shares and voting rights in German electronics retailer Ceconomy. When combined with the stake to be retained by its future partner Convergenta, JD’s total shareholding in Ceconomy would reach 85.2 percent. Convergenta was the largest shareholder in Ceconomy before JD’s…

Charging piles show Chinese heft in EVs

A robot helps to charge a new energy vehicle at a charging station in Huangshi, Hubei province, in September. ZHOU WEI/FOR CHINA DAILY China has cemented its dominance in the global electric mobility sector, establishing a charging infrastructure network that far outpaces its international peers, said industry experts. The scale of the rollout is increasingly…

World models new driver for auto autonomy

A passenger exits self-driving unmanned taxi in Nansha district, Guangzhou, on July 18, 2025. [Photo/Xinhua] World models — neural networks designed to understand and simulate the dynamics of the real world, including physical properties and spatial relationships — are emerging as the next strategic frontier for artificial intelligence-powered assisted driving, with automakers and tech heavyweights…

MNCs explore green cooperation in Chinese market

Foreign traders visit the 2025 World Green Development Investment and Trade Expo & China Green Food Expo in Nanchang, East China’s Jiangxi province, Nov 28, 2025. [Photo/Xinhua] NANCHANG — A robot named “Pasini” drew crowds at the 2025 World Green Development Investment and Trade Expo and China Green Food Expo, as it moved its mechanical…

Chinese models make up 81% of electric car sales in Israel in Jan-Nov

JERUSALEM – Chinese-made vehicles accounted for 81 percent of all electric vehicles (EVs) sold in Israel since January, according to data released Tuesday by the Israel Vehicle Importers Association. From January to November, 44,752 EVs produced by Chinese automakers were sold in the country, out of a total of 55,232 EVs sold. BYD Auto led…

UAV services made available on tap of a button

Residents in Changsha, Hunan province, are now using a WeChat mini-program called “Kongzhong Kuaidi” to book unmanned aerial vehicle (UAV) services ranging from aerial photography to emergency rescue, high-rise window cleaning and even to sow seeds. Launched on Aug 18, it is the country’s first mobile internet service platform dedicated to the low-altitude economy, according…

Forum spurs China’s business ties with Central Asia

Guests attend the Tianshan Forum for Central Asia Economic Cooperation, which opened in Urumqi, Xinjiang Uygur autonomous region, on Tuesday. [Photo/Xinhua] The importance of leveraging regional development through enhanced investment and connectivity infrastructure was highlighted at the inaugural Tianshan Forum for Central Asia Economic Cooperation, which kicked off on Tuesday in Urumqi, Xinjiang Uygur autonomous…

Sinopec, LG Chem to jointly develop key materials for sodium-ion batteries

A worker manufactures power batteries for new energy vehicles in the production workshop of a technology company in Huaibei, Anhui province, in July. LI XIN/FOR CHINA DAILY China Petroleum and Chemical Corp (Sinopec) recently signed a strategic agreement with South Korean petrochemical giant LG Chem to jointly develop key materials for sodium-ion batteries, a move…

Valvoline identifies growth opportunities in China’s new five-year plan

As China gears up for its 15th Five-Year Plan, Michael Dreyer, senior vice-president of Valvoline Global Operations and general manager for Asia Pacific, shares how Valvoline is collaborating with Chinese companies to contribute to the successful execution of the plan. Tanks to chinadaily.com.cn Please visit: Our Sponsor