The State Power Investment Corporation.[Photo/SPIC] Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia, the company said on Thursday. Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully…
[Photo provided to chinadaily.com.cn] Lin-gang Special Area in Shanghai has launched a new mechanism to facilitate the cross-border exchanges of carbon-related data, the latest pilot step to meet enterprises’ cross-border carbon data compliance needs and support China’s efforts to align with international green trade rules. On October 29, the data division of Lin-gang Special Area…
The Association of International Chemical Manufacturers unveiled its 2024 sustainable development report in Chengdu, Sichuan province on October 30. [Photo provided to chinadaily.com.cn] The Association of International Chemical Manufacturers (AICM), a global industrial organization, unveiled its 2024 sustainable development report in Chengdu, Sichuan province, early this week to advance the concept of green growth. The…
Employees work on the assembly line of a carmaker in Qingdao, Shandong province. [LIANG XIAOPENG/FOR CHINA DAILY] Joint venture automotive companies in China will achieve a stunning transformation as China is cultivating a market-oriented and internationalized business environment that treats both domestic and foreign enterprises impartially, Wei Jianguo, former vice-minister of commerce, said at an…
A view of Beijing’s CBD area on Aug 19, 2022. [Photo/VCG] Beijing has launched an initiative to establish itself as a global green economy hub, with a focus on technological innovation, industrial development and sustainable urban planning, aiming to achieve the goal by 2035. The plan’s first phase target is that by 2027, Beijing would…
Employees of an engineering machinery manufacturer in Shandong province work on the company’s production line of loaders. [Photo/Xinhua] BEIJING — China has removed all market access restrictions for foreign investors in the manufacturing sector, a landmark move made by the world’s second-largest economy as it opens its doors wider. The new edition of the national…
A SAIC model is driven into a cargo ship headed to Europe. [Photo provided to chinadaily.com.cn] China has consistently supported and encouraged mutually beneficial economic and trade cooperation between the Chinese and European automotive industries, said the Ministry of Commerce on Thursday. Speaking at a weekly briefing in Beijing, He Yadong, the spokesman for the…
AI-empowered smart governance should incorporate inclusiveness, equality and diversity while enhancing multilateral cooperation, experts said at a recent forum in Beijing. Smart governance in the new era should be human-centered, integrating technical rationality and value rationality to satisfy the multi-agent, diversified and multi-layered demands from the many levels of social interests, said Zhu Xinkai, vice-president…
A seller from India demonstrates specialty masala chai during an expo in Shenzhen, Guangdong province, in May. [Photo/Xinhua] BEIJING — The 16th BRICS Summit that took place last week in Kazan, Russia, marks a new step in the development of the BRICS cooperation mechanism. Initially a roadmap for major emerging markets with considerable economic potential,…
A Chinese high-speed train driver (center) instructs his Indonesian counterpart (right) inside the driving cabin of a high-speed train in Bandung, Indonesia, in September. [Photo/Xinhua] JAKARTA — Indonesia on Oct 17 held a grand celebration on the anniversary of the Jakarta-Bandung High-Speed Railway, a landmark project as Southeast Asia’s first high-speed rail. With a speed…