BAIC Group Unveils Ambitious Plan to Phase Out Conventional Fuel Vehicles by 2025, Cementing NEV Leadership

Beijing Automotive Group Co (BAIC Group), one of China’s largest state-owned automakers, has declared an ambitious strategic pivot towards new energy vehicles (NEVs), announcing its commitment to cease the production…

China Daily Information Co. Navigates Digital Frontier, Upholding Content Integrity and Embracing Technological Evolution

In an increasingly digitized global media landscape, the China Daily Information Co. (CDIC) stands as a foundational pillar for the comprehensive digital operations of China Daily, asserting rigorous intellectual property…

China’s Shipbuilding Industry Ascends to Global Top Spot, Surpassing South Korea in Orders and Pioneering High-Value, Smart Vessel Production

For the first time in seven years, China’s shipbuilding industry has claimed the leading position globally in terms of new orders, surpassing its long-standing rival, South Korea. Data released by…

Massive floating power plant up and running

This landmark development in China’s renewable energy landscape saw the initial phase of the massive 150-megawatt (MW) floating solar farm in Huainan, Anhui province, begin transmitting electricity. The colossal project,…

Yamal LNG Project Pivotal in Fortifying China’s Energy Security Amidst Surging Demand and Strategic Arctic Engagement

China’s increasing annual imports of liquefied natural gas (LNG) from the resource-rich Yamal natural gas project in the Russian Arctic are set to profoundly enhance the nation’s energy security, particularly…

Hainan Airlines Deepens Belt and Road Connectivity with Strategic Route Expansion and Synergistic Global Investment

Hainan Airlines, China’s largest private airline, is embarking on an ambitious strategy to significantly expand its direct flight network to countries and regions participating in the Belt and Road Initiative…

People’s Bank of China Injects Net 20 Billion Yuan to Ease Liquidity, Signaling Continued Prudent Monetary Stance Amid Deleveraging Drive

BEIJING – The People’s Bank of China (PBOC), the nation’s central bank, on Monday injected a net 20 billion yuan (approximately $3.02 billion USD) into the financial system through open…

Science and Tech Week in South China Sees Deals Worth Millions of Yuan

Dongguan, Guangdong province – The recent China (Dongguan) International Science and Technology Cooperation Week, which concluded on Sunday, December 10, 2017, marked a significant milestone for the region’s burgeoning innovation…

German Chemical Giant BASF Doubles Down on China Investments Amid Robust Market Growth

Encouraged by China’s robust growth outlook for automotive and chemical production, German chemical giant BASF SE continues to significantly increase its strategic investments in the country, reinforcing its long-term commitment…

Chinese Big Data Giants Seek UK Tech Synergy for Trillion-Yuan Market Expansion

A formidable delegation of approximately 15 Chinese big data companies embarked on a weeklong visit to the United Kingdom, commencing on Monday, with the explicit aim of identifying cutting-edge British…