Polestar setbacks mount as costs surge
A logo of Polestar is pictured on a car at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, April 25, 2024. Swedish electric vehicle maker Polestar reported…
BMW’s China-made iX3 to be unveiled by year-end
BMW debuts the iX3, the first production model of its Neue Klasse, on Sept 5. CHINA DAILY BMW AG debuted the first production model of its “Neue Klasse “line, the…
US pharma firm reaffirms healthcare commitment in China
Huzur Devletsah, Lilly Group vice-president and China general manager. US pharmaceutical company Eli Lilly and Company has reaffirmed its strong commitment to advancing healthcare in China by participating in the…
NEV startups post record August sales
Models are on display in an XPeng store in a Shanghai shopping mall in April. WANG GANG/FOR CHINA DAILY China’s new energy vehicle startups notched record sales in August, underscoring…
China unveils most powerful home-grown heavy-duty gas turbine for commercial use
BEIJING — China’s first home-grown 110-megawatt heavy-duty gas turbine, the Taihang 110, rolled off the assembly line at a turbine facility on Monday and is bound for commercial delivery. The…
Leaves as musical instruments? Laowai friends explore Chinese folk art
In Weishan Ancient Town in Dali Bai autonomous prefecture, Yunnan province, two visitors from Germany and Switzerland had a unique cultural encounter. They met Zi Rumin, a master of Dali’s…
Nation’s 1st offshore CCS project hits green milestone
China’s first offshore carbon capture and storage (CCS) demonstration project has reached a significant milestone, injecting over 100 million cubic meters of carbon dioxide into the Enping 15-1 oilfield in…
Surging demand driving China’s used-car exports
China is revving up the used-car export market, which saw over 400,000 units being shipped to more than 160 countries and regions in Southeast Asia, the Middle East, Latin America…
China cuts mutual fund sales fees to lower investor costs, boost long-term investment
China has proposed the first overhaul in 12 years of rules on mutual fund sales commissions, aiming to sharply reduce investor costs and encourage long-term holdings — part of a…
Huawei launches new tri-fold smartphone
Huawei’s latest tri-fold smartphone attracts buyers at one of its stores in Shanghai. WANG GANG/FOR CHINA DAILY Huawei Technologies Co launched its latest tri-fold smartphone, Mate XTs, on Thursday, marking…