New forces to drive economic growth
An employee checks an intelligent production line at a textile plant in Qingdao, Shandong province. LIANG XIAOPENG/FOR CHINA DAILY China’s sharpening focus on cultivating new quality productive forces and bolstering…
China’s role pivotal in global machine tool industry
Markus Heering As US tariffs introduce growing complexities for manufacturers navigating global markets, China’s steadfast and pivotal role in the machine tool industry is poised to fuel further growth, said…
Unilever eyes greater share of high-end hair product market
Thanks to China’s scale and growth potential, UK-based consumer goods company Unilever Plc is working to make the country a top market for its haircare brand Nexxus in the years…
China’s banking financial institutions urged to better support private economy
File photo shows the People’s Bank of China in Beijing, capital of China. BEIJING – The China Banking Association and the All-China Federation of Industry and Commerce jointly issued a…
IM unveils ‘no touch, no app’ cockpit with Alibaba
The industry-first AIOS Smart Cockpit is scheduled to roll out in April 2025. Chinese NEV startup IM Motors, in partnership with Alibaba, launched the IM AIOS Smart Cockpit on Monday,…
Trade-in program vital to spur demand
Further efforts are needed to propel the large-scale equipment upgrade and consumer goods trade-in program, so as to further unleash consumer and investment demand, said national legislators and political advisers.…
Nio, CATL vow to build world’s largest battery swap network
Nio and CATL sign the cooperation deal on March 17 in Ningde, Fujian province. Chinese electric vehicle maker Nio signed a strategic cooperation agreement on Monday with battery giant CATL,…
Volkswagen, FAW eye ambitious product expansion to tap Chinese EV market
A Volkswagen car is on display during an expo in Shanghai. CHANGCHUN – Volkswagen Group and FAW Group have signed a new agreement on a roadmap for future models in…
Old-school 4×4 to tempt hardcore off-road drivers
Ineos Grenadier vehicles in the Helan Mountains of Ningxia Hui autonomous region on March 12. CHINA DAILY The Ineos Grenadier is not a vehicle that many expect: it does not…
How China is lifting consumer spending to boost its growth
A salesman shows how to use a car’s central control system to a potential buyer at a 4S store in Hohhot, Inner Mongolia autonomous region, on March 5. DING GENHOU/FOR…