As Chinese automakers confront complex international standard barriers and compliance challenges, the China Automotive Engineering Research Institute has deepened international cooperation. At a conference held by CAERI on July 11 in Chongqing, participants underscored that establishing an efficient, trust-based global technical cooperation network is key to systematically reducing compliance costs for automakers expanding overseas. It…
People visit the booth of Aviation Supply Chain at the Advanced Manufacturing Chain area during the third China International Supply Chain Expo (CISCE) in Beijing, capital of China, July 16, 2025. [Photo/Xinhua] BEIJING – The third China International Supply Chain Expo (CISCE), which concluded on Sunday in Beijing, has reinforced its role as a vital…
Workers from China Railway No 4 Engineering Group pour concrete to build the bottom layer of Fenghe Ecological Sports Park in Qingdao, Shandong province. ZHANG SONG/FOR CHINA DAILY Lei Peng, an engineer from State-owned China Railway No 4 Engineering Group Co Ltd, is somewhat uneasy at times while building an ecological park that is only…
The booth of Chinese auto chipmaker SemiDrive at an expo. CHINA DAILY As the global auto industry accelerates its transformation toward intelligent mobility, Chinese parts suppliers are taking the lead in steering innovation and product development. From supplying key components to co-developing next-generation driving systems, domestic intelligent vehicle tech companies are demonstrating stronger competence through…
A worker conducts inspections on a purified water equipment assembly line in Ningbo, Zhejiang province, in June. XU YU/XINHUA In an apartment in Chengdu, Sichuan province, 28-year-old Luo Yufu invited his friends over for weekend cocktails. Instead of clunky ice trays or store-bought bags, he taped a sleek device to his counter. Seven minutes later, perfectly…
China’s exports of rare earth magnets to the United States soared more than six-fold in June compared to the previous month, clearly showing Beijing’s swift action to deliver on its pledges made during the earlier round of trade talks with Washington, analysts said. Sustaining this positive momentum will require continued goodwill from not only Beijing…
Employees work on the production line of a foreign-funded company specializing in making toys for European and US markets. WEI DONGSHENG/FOR CHINA DAILY China will remain a vital innovation hub and manufacturing base for foreign corporations despite global economic uncertainty, said government officials and business leaders. They noted that foreign firms are maintaining deep engagement…
Five giant spheres floating on a Chaoyang Park lake are a special art installation for fans of Taiwan rock band Mayday. CHINA DAILY Chaoyang Park in Beijing has been lively lately. Five massive, 18-meter-high colorful spheres sit on the lake, drawing crowds of visitors eager to snap photos and check in on social media. The…
After years of stagnancy, a new round of fundraising among US dollar-denominated funds is taking shape in China, aiming to tap into the structural opportunities generated by emerging technologies and consumption recovery, said experts. At least six of China’s well-established venture capital firms are raising more than $2 billion of new US dollar-denominated funds, through…
An aerial drone photo shows tourists taking yachts to have fun in Sanya, South China’s Hainan province, June 24, 2025. [Photo/Xinhua] HAIKOU — China’s Hainan Free Trade Port is set to launch a pilot program on August 21 this year, enabling overseas investors to access domestic financial products offered by local financial institutions. Eligible products…