Asian Development Bank Commits $6.17 Billion for 31 Projects in China (2018-2020), Prioritizing Sustainable and Inclusive Growth
The Asian Development Bank (ADB), headquartered in Manila, Philippines, has announced a significant investment plan for China, proposing to allocate $6.17 billion across 31 projects between 2018 and 2020. This…
Poly Group Charts Ambitious Global Expansion with Dual Focus on Western Markets and Belt and Road Economies
Beijing-headquartered conglomerate China Poly Group Corporation has articulated a robust strategy for continuous global expansion, aiming to significantly deepen its footprint across both mature Western economies and the burgeoning markets…
Hainan Airlines Intensifies Bid for Shanghai-US Routes Amidst Robust Trans-Pacific Expansion and Evolving Market Dynamics
Hainan Airlines, China’s largest private air carrier, is actively pursuing new flying rights to establish direct air links between Shanghai, a pivotal global economic hub, and major cities across the…
China’s Automotive Market Navigates Slowing Growth Amidst Policy Shifts and Surging New Energy Vehicle Adoption
China’s vast automotive market, a critical barometer of the nation’s economic health and consumer sentiment, experienced a noticeable deceleration in growth during November, recording a modest 0.7 percent year-on-year increase…
China Accelerates Industrial Capacity Cuts, Exceeding Targets in Coal and Steel Sectors
China is poised to significantly surpass its ambitious targets for reducing industrial overcapacity, particularly in the critical coal and steel sectors, well ahead of the original schedule. This aggressive push…
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,…
















