The world’s first Aframax oil tanker adopting wind sail propulsion is named at China State Shipbuilding Corp Shanghai Waigaoqiao Shipbuilding Co Ltd on June 11. [Photo provided to China Daily] The world’s first Aframax oil tanker adopting wind sail propulsion was named on Wednesday at China State Shipbuilding Corp (CSSC) Shanghai Waigaoqiao Shipbuilding Co Ltd,…
The United States’ restrictive policies against China are ironically catalyzing China’s technological advancements, industry insiders said on Tuesday, referring to the chip breakthroughs achieved by Huawei Technologies and the recent remarks of its founder Ren Zhengfei, who downplayed the impact of US export controls. In an interview with People’s Daily that was published on Tuesday…
Delegates check out beverages from Lemon Republic at a forum in Shanghai in May. CHINA DAILY In a market crowded with novelty beverages and short-lived trends, beverage company Lemon Republic is attempting something unusually focused: to build a multi-billion-yuan business out of just one fruit. Founded in 2021, the startup has spent the past four…
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Shanghai Hero (Group) Co Ltd holds its new product launch at Crowne Plaza Shanghai Noah on Tuesday. [Photo provided to chinadaily.com.cn] Time-honored Shanghai Hero (Group) Co Ltd held its new product launch in Shanghai on Tuesday, unveiling co-branded products with a local cultural creative brand, previewing the collaboration with Shanghai Film Infinity, and signing a partnership…
The per capita GDP of the Yangtze River Delta region edged up to $19,500 in 2024, about to surpass the $20,000 threshold for developed economies, according to official data. The data is released in a recent report jointly published by the Regional Cooperation Office of the Yangtze River Delta, the Shanghai division of the China…
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BEIJING – China is poised to offer multinational companies a platform for “policy communication, industrial coordination and project cooperation” at the upcoming sixth Qingdao Multinationals Summit, a commerce ministry official said Friday. The summit is scheduled to be held from June 18 to 20 in Qingdao, a coastal city in East China’s Shandong province, said…
Euro area The first estimates of euro area balance showed a €9.9 bn surplus in trade in goods with the rest of the world in April 2025, compared with + €13.6 bn in April 2024. The euro area exports of goods to the rest of the world in April 2025 were €243.0 billion, a decrease…
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