The skyline of Shanghai’s Pudong New Area on April 26, 2025. [Photo/VCG] The Shanghai municipal government announced last month several measures to promote the high-quality development of the software and information technology industry, aimed at leveraging the sector as a key engine in supporting the city’s economic growth, according to an official notice. Effective July…
Visitors check out an intelligent air source system at the Knorr-Bremse booth in Beijing in July. [Photo provided to China Daily] China’s high-speed rail network has evolved into the world’s most advanced and extensive system, setting benchmarks in digitalization, safety, and efficiency, according to a senior industry executive. “We see very high potential to implement…
ExxonMobil’s mega ethylene project in Huizhou, South China’s Guangdong province, officially started operations on Tuesday, playing a role in helping the city in the Guangdong-Hong Kong-Macao Greater Bay Area compete for a global petrochemical industry power house. This is one of the major foreign investment projects of the country and the first major petrochemical project…
Nvidia founder and CEO Jensen Huang said in an interview with China Daily that “China has three unique advantages to develop humanoid robots — excellent AI technology, exceptional expertise in mechatronics and electromechanical systems, and a massive manufacturing ecosystem enabling rapid robotics deployment.” Tanks to chinadaily.com.cn Please visit: Our Sponsor
A cargo ship unloads imported crude oil in Qingdao, Shandong province, in March. YU FANGPING/FOR CHINA DAILY China’s long-term energy security strategy is robust enough to withstand even extreme scenarios, such as the potential shutdown of the vital Strait of Hormuz, said industry experts and company executives. Disruptions caused by geopolitical uncertainties are unlikely to fundamentally…
Exxon Mobil Corporation’s mega Huizhou ethylene project officially began operations on Tuesday, helping the Guangdong-Hong Kong-Macao Greater Bay Area city to compete as a global petrochemical industry highland. The project is one of the major foreign investment projects of the country and the first petrochemical project constructed solely by an American company in China, said…
China can consider the issuance of treasury bonds worth around 30 to 50 trillion yuan ($4.19 trillion to $6.97 trillion) in the coming two to three years to better address local government debt and bring the economy to a trajectory that aligns with its growth potential, said a prominent Chinese economist. Li Daokui, dean of…
A view of the production workshop of Jinko Solar, a technology enterprise, in Tianjin in April. [Photo/Xinhua] Chinese solar and wind power companies are increasingly prioritizing the recycling of aging renewable energy equipment, according to a new report, as the world faces a growing challenge of managing decommissioned infrastructure. Global renewable energy transition has resulted…
The Hurun Research Institute unveiled Hurun Top Chinese Jewelry Brands 2022 on Jan 18, 2022, in Shanghai, ranking 70 Chinese jewelry brands for the first time in terms of company’s scale, brand strategy and sales channels. The top 70 brands largely fall in retail business, the downstream of the jewelry industry, covering jewelry such as…
A view of the financial center of Shanghai’s Pudong New Area. WANG GANG/FOR CHINA DAILY SHANGHAI – East China’s Shanghai Pudong New Area received more than $3.14 billion in actualized foreign investment in the first five months of the year, an increase of 32.3 percent year-on-year, official data shows. The area has taken measures to…