This panoramic aerial photo taken on Jan 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] Shanghai’s stepped-up efforts to aid fundamental scientific research are crucial to support the development of pioneering technologies and companies specializing in emerging industries, which is conducive to…
Workers at HBIS Group Shisteel hoist products onto a lorry for transport in Shijiazhuang, Hebei province, on Jan 2. [Photo/Xinhua] China’s steel industry is stepping up efforts to establish a practical self-regulatory framework aimed at enhancing profitability and improving operational quality through a more regulated production mechanism. Zhao Min’ge, president of the China Iron and…
This photo taken on May 8, 2024 shows a roll-off ceremony of the 6 millionth car produced by BMW Brilliance Automotive (BBA) in Shenyang, Northeast China’s Liaoning province. [Photo/Xinhua] NANJING — For Franz Decker, a senior executive at BMW Group, China’s rapid advances in artificial intelligence (AI) represent a crucial engine of the auto giant’s…
Chinese authorities have jointly released a key guideline on strengthening financial support for new industrialization, elevating the country’s coordinated efforts to support manufacturing upgrade and advance new quality productive forces. Under the guideline, the country aims to develop a financial system by 2027 that is generally mature in supporting the high-end, intelligent and green development of the manufacturing sector. The…
China’s express delivery volume has ranked first in the world for 11 consecutive years. At present, over 500 million express parcels are collected daily on average, equivalent to nearly 6,000 packages entering the delivery channel every second. Revenue from the postal industry has grown from 1.1 trillion yuan ($153.12 billion) in 2020 to 1.7 trillion…
BEIJING — In the city of Ziyang, Sichuan province, a logistics company has hired three “employees” who never take lunch breaks and could work around the clock without any complaints. They are autonomous delivery vans, each capable of carrying between 600 and 800 parcels. They navigate the winding roads between villages located 10 to 30…
Visitors look at a virtual power plant management system at the 13th Energy Storage International Conference and Expo in Beijing in April. DU JIANPO/FOR CHINA DAILY Artificial intelligence applications across the entire green energy value chain are playing a pivotal role in advancing green energy transition, companies and experts said. “Dancing with the Wind” is…
China is making big strides in promoting green development of the global shipping industry, but closer international collaboration is needed to ensure the effectiveness of such a transformation, experts said. Chinese shipbuilder Nantong CIMC Sinopacific Offshore and Engineering Co Ltd, or CIMC SOE, inked a deal with Norwegian company Amon Gas recently for the construction…
China has unveiled detailed guidance on a new tax credit policy aimed at encouraging foreign investors to reinvest their profits in the country, as it steps up efforts to stabilize foreign capital inflows and boost long-term investment amid rising global economic uncertainties. The State Taxation Administration released a new notice clarifying how foreign investors can…
A view of Envision Group’s plant in Chifeng, Inner Mongolia autonomous region. CHINA DAILY The application of green hydrogen-ammonia is facilitating transformation of the renewable energy sector, advancing carbon reduction goals and strengthening global green supply chains, while policy backing remains essential to accelerate its commercialization, industry insiders said. The first phase (320,000 metric tons…