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Hon Hai Technology Group, the parent company of Foxconn in China's Taiwan, said in a statement on Monday that it was not proceeding with one of its largest overseas investment projects — a $19.5 billion semiconductor plant with India's Vedanta.
China may beat its 2030 development target for solar and wind energy five years ahead of schedule, a report from a San Francisco-based independent nonprofit organization said, as the country celebrates National Low-carbon Day on Wednesday.
The China Electricity Council predicted that the country's power use, a key barometer of economic activity, will register stable growth in 2023 driven by the overall recovery of the country's economy.
Global interest in homegrown charging piles for new energy vehicles has ballooned as China cements its leading position in the global NEV market with exports set to almost double this year.
GFE announced on Tuesday the approval of contracts and trading details of lithium carbonate futures and options, which experts said will provide a much-needed guarantee for stable prices and contribute to the industry's sustainable development.
Speaking fluent English into a smartphone camera and weaving his way through various used cars placed in a well-decorated exhibition hall.
China is committed to collaborating with all parties concerned, particularly developing countries, to promote digital connectivity for the larger goals of global economic growth and international development.
Chinese-made automobiles are making a wider and firmer foothold in Russia amid a strong export momentum since the start of the year.
Beijing Daxing International Airport plans to open and resume 15 international routes during the summer to meet passengers' needs.
Dutch chip-making equipment giant ASML Holding NV told China Daily on Tuesday at present there are no major changes to the company's 2023 recruitment plans in China.
Vessels across China hoisted their flags and honked their horns for one minute on Tuesday to celebrate the country's 19th National Maritime Day.
The demand from tech, media and entertainment, and telecommunications, energy and infrastructure sectors are rebounding in the capital's office market, but the rent will remain under downward pressure in the second half year.
China's tourism market is heating up in step with scorching temperatures this summer.
Rongbao, the mascot of the 31st Summer World University Games in Chengdu, Sichuan province, has been popular since its debut on Dec 30, 2019.
China's auto industry is experiencing a new phase of high-quality development, particularly in the field of new energy vehicles where it has established a competitive edge, said officials at the 2023 China Auto Forum, which was held from Wednesday to Friday in Shanghai.
Emerging technologies such as the internet of things and the booming digital economy, where China is leading, will create new growth drivers for the world amid a challenging global environment, experts and entrepreneurs have said.
Financial regulators imposed a 7.12 billion yuan ($984.1 million) fine on Ant Group, an affiliated company of Alibaba Group Holding Ltd, on Friday for violations of laws on corporate governance, consumer rights and business activities.
Huawei Technologies Co on Friday unveiled the latest version of its artificial intelligence large language model Pangu 3.0, as part of its broader push to leverage AI to accelerate digital transformation in a wide range of sectors.
The sixth China International Import Expo, or the CIIE, scheduled to be held in Shanghai from Nov 5 to 10 this year, has a total of 330,000 square meters of contracted area to date.
China will accelerate the research and formulation of artificial intelligence industry policies, and increase innovation and research on foundational technologies such as computing power and algorithms.
A three-year work plan on promoting Beijing's digital economy using the rule of law was unveiled on Thursday, as a new step to help the capital become a global model city in the data industry.
China will further push for the development of a high-end, intelligent and green manufacturing sector, and build a favorable business environment to nurture world-class enterprises.
China rolled out its first open-source desktop operating system, called openKylin 1.0, on Wednesday, a key move that indicates the country has the ability to build its own self-developed operating system and fill the gaps in this field.
As luxury brands penetrate China's lower-tier cities, the market for such goods is acquiring new geographical dimensions, observers said.
Soaring summer temperatures are fueling Chinese consumers' enthusiasm for travel, and the scorching travel market this summer is expected to comprehensively surpass levels seen in 2019 before the COVID-19 outbreak.
China's new energy vehicle output has surpassed 20 million units, which market insiders said is a milestone in the country's auto development progress.
Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil cuts on Monday. Saudi Arabia said it would extend its voluntary oil output cut of 1 million barrels per day for another month to include August.
China aims to greatly improve the reliability of 10 types of core industrial products to reach advanced global levels by 2030.
More European firms are willing to strengthen their footprint in South China compared to last year, a survey by an industry chamber showed on Monday.
Centrally administered State contractors in China began building massive projects valued at more than 135.8 billion yuan ($18.8 billion) in June as the country upgrades its infrastructure and seeks to boost domestic demand.
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