Small and medium-sized logistics enterprises are set to benefit from a suite of innovative financing products designed to enhance efficiency and reduce costs in railway freight transportation. This development follows a landmark agreement between the China State Railway Group, China’s national railway operator, and a number of commercial banks. On Friday, the China State Railway…
In grain-producing county of Juancheng, Shandong province, large-scale grain grower Wang Bin in Dingyangsi village is a benchmark for local agricultural modernization. “From traditional farming to intelligent agricultural machinery, from solo farming to full process management, agricultural modernization has made our farming easier and more profitable,” Wang said, noting that the growth of wheat is…
Liu Yonghao (center, seated), chairman of New Hope Group and a national political advisor, said in Beijing on Feb 27 that the agricultural giant will continue bolstering international cooperation, especially in countries involved in the Belt and Road Initiative. [Photo provided to chinadaily.com.cn] New Hope Group, a Chinese agricultural conglomerate, will continue bolstering international cooperation,…
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An employee comes out of the Baidu headquarters in Beijing. [Photo by Fan Jiashan/For China Daily] BEIJING – China’s tech giant Baidu and Contemporary Amperex Technology Co Ltd (CATL), a leading battery maker, recently signed a strategic cooperation agreement, Baidu announced in a statement to Xinhua on Friday. The partnership will focus on two core…
ZHENGZHOU – A new business headquarters building for Foxconn, the world’s leading electronics manufacturer, broke ground in Zhengzhou, the capital of Central China’s Henan province, on Thursday. This move marks a significant step forward for the Taiwanese company in advancing its new strategic industry layout in the mainland market. The new headquarters will span over…
A drone flying from Lingshan Island prepares to land at Jimiya Wharf in Qingdao West Coast New Area, on Feb 27. Compared with traditional boat transportation, the land-island drone logistics delivery saves nearly 80 percent of the time. [Photo/Xinhua] Qingdao’s first low-altitude island logistics route was launched on Thursday, realizing two-way transportation of goods between…
Engineers from China Railway 20th Bureau Group Corp at work on a section of the Ntui-Mankim Highway project in Cameroon. CHINA DAILY China Railway 20th Bureau Group Corp (CR20G), a unit of State-owned China Railway Construction Corp, said it will intensify efforts to expand in markets involved in the Belt and Road Initiative and other…
A customer checks out beverages at a supermarket in Binzhou, Shandong province, in February. CHU BAORUI/FOR CHINA DAILY China’s urban fast-moving consumer goods market recorded a 1.2 percent year-on-year sales increase in the fourth quarter, bringing full-year growth to 1.7 percent, according to Kantar Worldpanel’s latest report. The overall market remained stable, with notable shifts across…
CHONGQING – A new 8-inch silicon carbide device manufacturing facility officially commenced operations on Thursday in Southwest China’s Chongqing municipality. The project, which was established in 2023 by Sanan Optoelectronics, a leading compound semiconductor company in China, and STMicroelectronics, a world leader in semiconductor solutions, is expected to achieve mass production in the fourth quarter…