and Fu contended that it is imperative for the country to establish a comprehensive research and development system for critical parts that will cultivate stronger home-grown brands. In 2023, China …
Monthly Archives For March 2024
Shenzhen Was China’s Top NEV Production Hub for First Time Last Year
Shenzhen’s advantage lies in having the world’s most complete NEV ecosystem, Wei Fulei, director of the finance, taxation, trade, and industrial development center of the China Development Institute, …
China EV sales slow in January-February as competition intensifies
China’s pure electric vehicle sales slowed in January-February from the same period a year earlier, industry data showed on Friday, as competition intensified with market leader BYD heading a deeper …
China’s Gold-Buying Spree Continues: 16-Month Streak Challenges US Dollar Dominance
China’s central bank has been consistently accumulating gold for 16 months, in a move that could potentially undermine the dominance of the U.S. dollar. What Happened: The People’s Bank of China added …
Beijing has impeded efforts to increase academic exchanges, US State Department officials say
Ministry of State Security has tied such exchanges as ‘foreign espionage activities’ chilling Chinese academics’ interest, one official says.
Beijing seeks to be a good neighbour, has shown restraint in South China Sea: Wang Yi
BEIJING: China has signalled its intentions to be a good neighbour, listing its efforts to get along with countries in the region, even as it warned that it would not allow “its goodwill to be…
‘China speed’ encourages Decathlon China to ‘speed up,’ says VP
SHANGHAI — “China speed” is an incentive for Decathlon to be faster and more innovative, said Elodie Latour, vice-president of Decathlon China in a recent interview with Xinhua.
In post-Covid China, the masks are off, but Xi’s tight control is here to stay
No more face masks or social distancing rules. For the first time in four years, thousands of delegates attending China’s biggest political event of the year were able to mingle and sip tea like the…
China’s procuratorial organs committed to creating law-based business environment
[Photo/Xinhua] BEIJING — China’s procuratorial authorities remained committed to creating a law-based business environment and cracking down on financial crimes, a work report of the Supreme People’s …
China’s CNOOC makes 100 million ton oilfield discovery in South China Sea
Chinese state-owned oil and gas giant CNOOC Ltd has discovered a new reserve in the South China Sea containing over 100 million tons of oil equivalent proved in-place, the company said in a statement …
Japanese digital art exhibition explores AI risks in Shenzhen
TOKYO/SHENZHEN — Artist and engineer Daito Manabe has made a living out of manipulating technology for human enjoyment. A puppeteer of lighting, sound and robotics, his futuristic optical illusions …
China’s top legislators pledge to safeguard sovereignty, security interests
China’s top legislators on Friday vowed to enact a slew of new laws to “modernise China’s system and capacity for national security” and safeguard the country’s sovereign interests. The roughly …
Weak recovery could trigger China rating cut, S&P Global says
S&P analyst Kim Eng Tan said pessimism about China needs to lift so that the economy rebounds and fiscal pressures ease – an improvement currently factored into S&P’s A+ stable cr …
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