CNRC sells 14% stake in Italian tire maker Pirelli
Marco Polo International Italy, a wholly-owned subsidiary of State-owned China National Tire and Rubber Co Ltd (CNRC), announced on Thursday that it has sold 14 percent of the share capital…
Inner Mongolia energy to cross Yangtze to power Shanghai
A cross-river project designed to facilitate power transmission from Inner Mongolia autonomous region to Shanghai was launched in the city’s Chongming district on Thursday. A cross-river project designed to facilitate…
State-owned enterprises post profit increase in H1
China’s State-owned and state-holding enterprises posted year-on-year growth of 2.4 percent in total profits during the first half of the year, data from the Ministry of Finance showed on Friday.…
Nation drafting plan to boost demand
China is drafting a five-year plan to expand domestic demand, redoubling efforts to boost consumption and investment as the world’s second-largest economy seeks to ensure sustainable growth amid persistent external…
Unitree set to launch IPO in Shanghai
China’s Unitree Robotics has announced a timetable for its initial public offering in Shanghai, which is poised to value the company at more than 40 billion yuan ($5.7 billion), lifting…
Lion Peak, Nanchang, Jiangxi – Chinadaily.com.cn
Nestled in the Meiling scenic area in Nanchang, Jiangxi, Lion Peak takes its name from its main summit, which resembles a crouching lion. Surrounded by lush bamboo forests, a mist-shrouded…
Country accelerates use of AI in energy
China Energy Investment Corp, the country’s largest coal-fired power generator by capacity, is accelerating the deployment of artificial intelligence across core operational sectors, including smart mining, power generation and heavy-haul…
Inside National Pilot Base for Embodied Intelligence Applications
Dexterous robotic hands excel at intricate and delicate operations, while robots recreate authentic cooking flavors. A landmark supporting project for the National Pilot Base for Embodied Intelligence Applications, the Hangzhou…
Beijing Happy Valley celebrates 20 years
Beijing Happy Valley celebrates its 20th anniversary on Wednesday. At Beijing Happy Valley, the 99-meter-tall EyeJing Ferris wheel lit up slowly, painting a dazzling summer night skyline above Beijing alongside…
China nears full allocation of 755b yuan central budget investment
Nearly all of the 755 billion yuan ($111.76 billion) in central budget investment earmarked for this year has been allocated, the National Development and Reform Commission said on Friday. The…