China steps up fight against tax-related crimes
China has intensified its war on tax-related crimes, identifying over 7.38 million false VAT invoices and recovering 24.6 billion yuan ($3.6 billion) in lost export tax rebates over the past…
China’s shipbuilding giant develops advanced rotor sails for greener shipping
Engineers at China State Shipbuilding Corp, the world’s largest shipbuilder, have developed one of the world’s largest models of rotor sail, aiming to tap into the burgeoning global market for…
China’s nuclear power capacity ranks 1st globally
China’s overall nuclear power footprint, including units both in operation and approved for construction, has reached a world-leading 125 million kilowatts, driven by a rising number of new projects, according…
Guangdong trade surges 19.4 percent in first quarter
Guangdong’s import and export volume reached 2.54 trillion yuan ($181.7 billion) in the first quarter, up 19.4 percent year-on-year, customs data showed Friday, extending the province’s streak of positive annual…
Hangzhou startup Manycore Tech lists on Hong Kong exchange
Manycore Tech became the world’s first publicly traded spatial intelligence company listed on the Hong Kong Stock Exchange on Friday, under the stock code 00068.HK. The listing also marks the…
China sets out clear penalties for illegal share sales
China’s top securities regulator released draft rules detailing administrative penalties for illegal share disposals by major shareholders on Friday, in a move to better protect investors’ rights. The China Securities…
Consulting firm urges expanding Chinese companies to consider local needs
Sheng Hong, senior partner at McKinsey & Company Senior executives of management consulting firm McKinsey & Company have urged Chinese companies going global to integrate into the local ecosystem, and…
State Grid Taizhou volunteers offer safety checks, care for special groups
State Grid Taizhou Power Supply Company recently held a volunteer activity at a local center serving special groups in Taizhou, Zhejiang Province, where its volunteers carried out electrical safety checks…
AI driving experience economy
A potential carbuyer tries out a new energy vehicle in Qingdao, Shandong province. ZHANG YING/FOR CHINA DAILY As smart cockpit innovations emerge as a key battleground among automakers seeking to…
Accor charts expansion path in nation after 800-hotel milestone
French hospitality major Accor recently celebrated the milestone of its 800th hotel in the Chinese market and is betting big on the world’s second-largest economy, expecting to open 800 more…