Fortescue bullish on China’s green mining
Fortescue’s new energy excavator and heavy truck work in coordination during tests at a mining area in the Pilbara region of Australia in August 2024. LI XIAOYU/XINHUA Australian mining giant…
Stock surge lifts investors’ risk appetite
A large screen in Shanghai displays the stock market index on Aug 26. CHINA DAILY Confidence in China’s A-share market has strengthened, enhancing the capital market’s appeal and drawing quicker…
CNOOC begins works on Wenchang 16-2 oilfield project
CNOOC Ltd announced on Thursday that production on its Wenchang 16-2 oilfield development project has commenced. Located in the western Pearl River Mouth Basin, with an average water depth of…
Mixed H1 results as gold prices hit record high
Consumers look at gold jewelry at a store in Xuzhou, Jiangsu province, in August. CHINA DAILY Gold surged to a fresh record this week, with prices briefly hitting $3,500 an…
Debut economy, tax refunds spur spending
Tourists go through the departure tax refund process in Chengdu, Sichuan province. ZHANG LANG/CHINA NEWS SERVICE Jinjiang district in Chengdu, Southwest China’s Sichuan province, is taking consumption to another level…
3D printing firm files for IPO in HK
Shenzhen Creality 3D Technology Co, a global leader in consumer-grade 3D printing, has officially submitted its listing application to the Hong Kong bourse. Shenzhen Creality 3D Technology Co, a global…
China targets 7% growth in electronics manufacturing sector with new action plan
China on Thursday unveiled an action plan to stabilize growth in the electronic information manufacturing sector between 2025 and 2026, setting ambitious goals for output, exports, and technological upgrades. The…
Sino-Kazakh trade showing more promise
A workshop director inspects the production process at Aiju agricultural products logistics and processing park in the region of North Kazakhstan, Kazakhstan. China-Kazakhstan trade is expected to see robust growth…
Nio banks on multi-brand push to hit profit goal
Visitors examine an ET9 at Nio’s booth at the Shanghai auto show in April 2025. Nio reported narrowing losses in the second quarter and raised its outlook for deliveries and…
China and Russia can lead way in AI: leading banker
Russian banker Alexander Vedyakhin says joint efforts by Russia and China in artificial intelligence could become the core of a new technological architecture that offers an alternative to Western centers…