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Siemens Healthineers breaks ground on major base

A visitor checks out Siemens Healthineers medical equipment during the seventh China International Import Expo in Shanghai in November. [Photo/China Daily] Siemens Healthineers broke ground on a new research, development and manufacturing base in Shenzhen, Guangdong province, on Thursday, with an investment exceeding 1 billion yuan ($136.66 million). Operations at the site, which cover a…

China to increase data security market size

China’s latest move to improve security governance for data circulation is expected to better fully unleash the value of data elements, boost the high-quality development of the data industry and bring about more business opportunities for data security enterprises, experts said. Highlighting the fact that data has become a new type of production factor, the…

Heavy-haul trains safeguard winter warmth and national energy security

Heavy-haul trains for coal transportation are seen parked at Hudong station along the Datong-Qinhuangdao Railway on Jan 15. ZHU XINGXIN/CHINA DAILY Jing Shengqi, a heavy-haul train driver on the Datong-Qinhuangdao Railway, the world’s largest railway in terms of annual freight volume, sees his job as challenging but meaningful. This winter, the railway has been carrying…

China’s commerce ministry to boost opening-up, ease market access in 2025

A view of the Huangpu River in Shanghai. [Photo/VCG] BEIJING – China’s Ministry of Commerce will boost opening-up and ease market access in 2025, it said on Thursday. After all foreign investment restrictions in the manufacturing sector have been lifted, the opening-up of the services industry will be advanced steadily, promoting pilot programs in fields…

Evolving trends of nation’s Gen Z shoppers

A consumer checks out Lenovo laptops in Shanghai in May. CHINA DAILY Younger Chinese consumers are reshaping Spring Festival shopping trends with a strong focus on personalization, wellness and smart products. Traditional staples like peanut milk, walnut drinks and mixed porridge — once considered essential for the season — have now landed on the “least…

ACWA Power taps into China’s renewables sector

ACWA Power, a Riyadh, Saudi Arabia-based energy and water desalination giant, is set to expand its presence in China’s burgeoning renewable energy market by securing investment agreements for over 1 gigawatt of renewable energy projects across multiple provinces. As a formal entry into China’s renewable energy market, the company has partnered with two of China’s…

Oil and gas output hits new peak

Employees check an oil transmission facility at Daqing Oilfield, Heilongjiang province. MA KE/XINHUA China’s total oil and gas production surpassed 400 million metric tons of oil equivalent for the first time in 2024, as the nation vows to meet growing domestic demand for energy even as it reduces reliance on fuel imports, the National Energy…

Oil and gas output hits new peak

Employees check an oil transmission facility at Daqing Oilfield, Heilongjiang province. MA KE/XINHUA China’s total oil and gas production surpassed 400 million metric tons of oil equivalent for the first time in 2024, as the nation vows to meet growing domestic demand for energy even as it reduces reliance on fuel imports, the National Energy…

Robots take giant leap from stiff to smooth

The SE01, a humanoid robot developed by EngineAI Robotics, a Chinese artificial intelligence technology company, undergoes a long-distance walking test in Shenzhen, Guangdong province, on Jan 8. [Photo provided to China Daily] If you thought humanoid robots all have stiff, unnatural movements, it’s time to take another look. A company in Shenzhen has taken a…

Major plan aims to ensure stable A-share market

[Photo/VCG] China has launched a multiyear plan to ensure a continuous inflow of additional long-term funds into the A-share market, with the aim of providing direct support for the steady performance of the world’s second-largest stock market, officials said on Thursday. Analysts said the measures, potentially pumping in around 1 trillion yuan ($137.2 billion) of…