Shanghai composite hits year-to-date high
China’s benchmark Shanghai Composite Index rose 0.16 percent, closing at 3,639.67 points on Thursday, marking the fourth consecutive session of gains and the highest level so far this year. The…
Landmark mission highlights eVTOL potential
The world’s first cargo flight to an offshore oil platform, conducted by a domestically developed 2-metric-ton electric vertical takeoff and landing (eVTOL) aircraft, demonstrates the immense potential of integrating low-altitude…
Apollo Go teams up with Lyft for Europe launch
Apollo Go, Baidu’s autonomous ride-hailing unit, announced a strategic partnership with Lyft, a global mobility platform, on Monday, marking a significant step in the Chinese tech giant’s international expansion. According…
Hydrogen-ammonia role in CO2 goals rising
A view of Envision Group’s plant in Chifeng, Inner Mongolia autonomous region. CHINA DAILY The application of green hydrogen-ammonia is facilitating transformation of the renewable energy sector, advancing carbon reduction…
Tax credit policy to encourage foreign investment
China has unveiled detailed guidance on a new tax credit policy aimed at encouraging foreign investors to reinvest their profits in the country, as it steps up efforts to stabilize…
Nation scores big in green shipping
China is making big strides in promoting green development of the global shipping industry, but closer international collaboration is needed to ensure the effectiveness of such a transformation, experts said.…
Envision wedding green power, AI
Visitors look at a virtual power plant management system at the 13th Energy Storage International Conference and Expo in Beijing in April. DU JIANPO/FOR CHINA DAILY Artificial intelligence applications across…
Autonomous driving paves way for smarter logistics in China
BEIJING — In the city of Ziyang, Sichuan province, a logistics company has hired three “employees” who never take lunch breaks and could work around the clock without any complaints.…
China remains No 1 worldwide in express delivery volume
China’s express delivery volume has ranked first in the world for 11 consecutive years. At present, over 500 million express parcels are collected daily on average, equivalent to nearly 6,000…
China unveils guideline to elevate financial support for new industrialization
Chinese authorities have jointly released a key guideline on strengthening financial support for new industrialization, elevating the country’s coordinated efforts to support manufacturing upgrade and advance new quality productive forces.…