Skip to content

News

World IoT Expo provides insight into intelligent connectivity

  • by

The World Internet of Things Exposition 2024 commenced in Wuxi, Jiangsu province, on Nov 11, bringing together global IoT industry elites to explore the sector’s cutting-edge technologies, applications, and future trends. François Coallier, chairman of the International IoT and Digital Twin Standard Committee, emphasized at the opening ceremony that IoT signifies not only a technological…

Shandong bolsters innovation to boost new quality productive forces

  • by

In the prefecture-level city of Heze in East China’s Shandong province, an automatic brick unloading and packing machine heading for Kyrgyzstan is ready for shipment at Shandong Juxiang Machinery Co Ltd. The company, located in Juye county, has received more than 20 orders from Kyrgyzstan for such automatic packing machines, which is the first domestically-produced…

Ingersoll Rand commits to customizing solutions for the Chinese market

  • by

Visitors gather at the Ingersoll Rand Inc booth during the seventh China International Import Expo in Shanghai in early November, 2024. [Photo provided to chinadaily.com.cn] Ingersoll Rand Inc, the United States-based industrial product manufacturer and a seven-time participant at the China International Import Expo, will continue to deliver solutions to meet the evolving needs of…

Chinese vice-premier calls for high-quality development of SOEs

  • by

BEIJING — Chinese Vice-Premier Zhang Guoqing on Tuesday emphasized the need to deepen the reform of state-owned capital and enterprises, enhance the efficiency of supervision over state-owned capital, and promote the high-quality development of state-owned enterprises (SOEs). Zhang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the…

China to intensify counter-cyclical adjustment of monetary policy: central bank governor

  • by

A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING – China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and high-quality development, according to Pan Gongsheng, governor of the People’s Bank of China, the central bank.…

Swiss company ABB tailor-makes green solutions for clients in China

  • by

With the increasing number of Chinese businesses rushing to adopt new equipment to further reduce carbon emission and boost productivity, Swiss technology company ABB Ltd will focus on developing more customized solutions for local clients, with plans to extend these effective innovations to other parts of the world, according to its senior executives. Speaking at…

Local governments encouraged to use funds from special-purpose bonds to acquire idle land

  • by

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – Local governments are encouraged to use funds from special-purpose bonds to reclaim and acquire idle land to promote the stable and healthy development of the property market, according to a statement published Monday on the website of the Ministry…

German sci-tech company Merck to increase investments in China

  • by

Marc Horn, president of Merck China. [Photo provided to chinadaily.com.cn] German sci-tech giant Merck is very optimistic about its prospects in the Chinese market and will continue to strengthen its presence in the world’s second-largest economy through increasing investment and fostering closer collaboration with local partners both on research and manufacturing, said a senior executive…

German sci-tech company Merck to increase investments in China

  • by

Marc Horn, president of Merck China. [Photo provided to chinadaily.com.cn] German sci-tech giant Merck is very optimistic about its prospects in the Chinese market and will continue to strengthen its presence in the world’s second-largest economy through increasing investment and fostering closer collaboration with local partners both on research and manufacturing, said a senior executive…

Panasonic sees immense upside in country’s large consumer market

  • by

Tetsuro Homma, executive vice-president of Panasonic. [Photo provided to chinadaily.com.cn] Japanese tech company Panasonic Holdings Corp is intensifying efforts to expand its presence in China and push ahead with localization, especially in research and development, as it sees immense growth potential from the country’s rapidly changing consumer market, said a senior company executive. “China is…