Employees test products at a laboratory of Genertec Guoce Time Grating Technology Co Ltd in Chongqing in July. HUANG WEI/XINHUA Genertec Guoce Time Grating Technology Co Ltd, a Chongqing-based innovation-driven enterprise, is intensifying efforts to address growing demand for ultra-precise displacement measurement in high-end equipment. Since its establishment a few years ago, the company has benefited…
As Middle East tensions intensify, Michael Ricafort, chief economist at Manila-based Rizal Commercial Banking Corp, told China Daily that investors are closely monitoring the possibility of Iranian retaliation — a move that could disrupt oil shipments through the Strait of Hormuz. He observed that oil prices have stayed stable despite the recent escalation, but are…
From manufacturing to internet technology, and consumer goods to financial services, Chinese firms in various sectors are looking to expand their presence, as well as attaching more importance to brand building, in overseas markets. Given fierce competition and limited brand awareness in overseas markets, more Chinese brands prefer to enhance their brand influence and conversion…
The aircraft of Camex Airlines is being towed into the hangar at Urumqi Tianshan International Airport in Xinjiang Uygur autonomous region, commencing its C periodic bonded maintenance. [Photo provided to chinadaily.com.cn] With the acceleration of the construction of China (Xinjiang) Free Trade Zone, aircraft bonded maintenance is becoming a new engine for the development of…
I drank a bus’s “exhaust”—and guess what…It was not part of a daredevil challenge show. It’s a real snapshot of China’s clean energy revolution. In Zhangjiagang, Suzhou, Jiangsu province, one in every 10 city buses runs on hydrogen. It breathes in hydrogen and exhales pure water. Zero pollution. Zero emissions. Behind that single drop of…
MiniMax is one of China’s leading AI startups located in Shanghai’s Xuhui district. [Photo by Li Junfeng/chinadaily.com.cn] Shanghai-based AI company MiniMax recently launched its large-scale open-source reasoning model MiniMax-M1, claiming performance on par with top players with competitive cost efficiency. MiniMax-M1 boasts the world’s first open-source, large-scale, hybrid-attention reasoning model, outperforming all Chinese closed-source models…
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The National Convention and Exhibition Center in Tianjin is the host of the 2025 World Economic Forum’s Annual Meeting of New Champions, also known as the Summer Davos. Sustainability is the main concept behind the venue’s construction. [By Fu Guigang/for chinadaily.com.cn] The National Convention and Exhibition Center in Tianjin, host of the 2025 World Economic…
A robotaxi of Hellobike undergoes a road test. [Photo provided to chinadaily.com.cn] Chinese bike-sharing platform Hellobike established a new robotaxi firm on Monday, teaming up with fintech giant Ant Group and electric vehicle battery provider Contemporary Amperex Technology Co Ltd to accelerate the adoption of Level 4 autonomous driving technology. The three companies have invested…
With China accelerating industrial upgrade and prioritizing supply chain stability, Stratasys Ltd, the United States-based three-dimensional (3D) printing product manufacturer and solutions provider, will ramp up its expansion in China by promoting distributed manufacturing and sustainability-driven innovation, said its top executive. The company said this move is part of its broader strategy to assist local…