China’s central SOEs invest over 280b yuan in Xinjiang in 2024
The green power facilities in the Xinjiang Uygur autonomous region. BEIJING – China’s centrally-administered State-owned enterprises (SOEs) have intensified their investment efforts in Northwest China’s Xinjiang Uygur autonomous region to…
China unveils plan to boost green equipment manufacturing
BEIJING – China has issued comprehensive guidelines to accelerate the high-quality development of its environmental protection equipment manufacturing sector, targeting global competitiveness in the green technology market. The document was…
SAIC VW launches SUV with Baidu, DeepSeek tech
SAIC Volkswagen launches the Teramont Pro SUV in Hangzhou, Zhejiang province, on March 10. SAIC Volkswagen has launched the Teramont Pro SUV, featuring the Sino-German joint venture’s latest gasoline powertrain…
Private sector playing key role in growth
Engineers train a humanoid robot to gather information at a robot factory in Shanghai on Feb 18. TANG YANJUN/CHINA NEWS SERVICE China’s unswerving support for the private sector will significantly…
Betta applauds supportive moves in pharma sector
Employees of Betta Pharmaceuticals work on a drug packaging line in Hangzhou, Zhejiang province. WANG GANG/CHINA NEWS SERVICE Chinese firms can accelerate clinical trials and bring their drugs to market…
China distributes 1b yuan in subsidies to support e-bike trade-in program
BEIJING – Since the start of 2025, China has distributed 1 billion yuan ($139.48 million) in subsidies to over 1.65 million consumers participating in its e-bike trade-in program, the Ministry…
Carmakers look for collaboration over competition
Workers inspect vehicles at Leapmotor’s plant in Jinhua, Zhejiang province, on Jan 9. JIN SICHENG/FOR CHINA DAILY China’s oldest carmaker FAW has partnered with 10-year-old Leapmotor, marking another significant milestone…
What makes this China share rally really unique
CAI MENG/CHINA DAILY Looking back at 2024, Chinese equities delivered strong returns, outperforming most stock markets outside of the United States. However, it certainly didn’t feel that way last year,…
Innovations proposed to tackle industry’s challenges
Workers install car wheels at the assembly workshop of the Seres factory in Shapingba district, Chongqing on March 11, 2024. Auto executives have submitted proposals for advancing healthy development of…
China’s automakers should step up cross-sector collaboration, industry veteran says
Zhang Xinghai, chairman of emerging automaker Seres and member of the 14th National Committee of the Chinese People’s Political Consultative Conference, addresses the media during the ongoing two sessions on…