China’s State-owned enterprises have made significant contributions to infrastructure development in countries and regions involved in the Belt and Road Initiative or BRI, greatly improving local living standards. One such enterprise is the Shandong Electrical Engineering and Equipment Group, a State-owned company under the China Electrical Equipment Group Co specializing in electrical equipment manufacturing and…
When Hexagon AB, a Swedish metrology and geo-analytics company, first entered the Chinese market in 1993, all its coordinate measuring machines — devices used to gauge the precise geometrical characteristics of objects — had to be imported from Europe. More than 30 years on, the company sees 90 percent of its machines manufactured in China.…
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BEIJING — China’s financial regulatory authority has approved the launch of the second batch of pilot programs for long-term stock investments, with a scale of 52 billion yuan ($7.25 billion). China Pacific Life Insurance Co Ltd, Taikang Life Insurance Co Ltd, Sunshine Life Insurance Co Ltd, and relevant insurance asset management firms are authorized by…
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This aerial photo taken on Sept 12, 2023 shows a view of the container terminal of Haikou Port in Haikou, South China’s Hainan province. [Photo/Xinhua] In a move to bolster the growth of the Hainan Free Trade Port and broaden the spectrum of zero-tariff goods, a joint announcement by the Ministry of Finance, General Administration…
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Today, Commissioner Hansen participates in the annual Info Days on funding opportunities for EU agri-food promotion. The event, which takes place on 29-30 January in Brussels and online,… Read More »Commissioner Hansen opens Info Days on funding for EU agri-food promotion
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Charging piles seen on a street in Changzhou, Jiangsu province. WANG QIMING/FOR CHINA DAILY BEIJING — The electric vehicle (EV) charging volume on China’s highways is set to hit a record high during the upcoming Spring Festival holiday, according to data from the State Grid Corporation of China. Daily highway charging volumes are expected to…