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ECONOMY-FINANCE

Daimler AG opens new R&D center in Beijing

By OWEN FISHWICK | China Daily | Updated: 2021-10-25 09:00 Daimler AG's new research and development center in Beijing will focus on future electric models and further localization in China. [Photo provided to China Daily] Daimler AG announced the opening of a new research and development center in Beijing's southern Yizhuang region on Oct 20.

  1 month ago ago
Daimler AG opens new R&D center in Beijing

DIGITAL-TECHNOLOGY

To realize data value, progress in legislation can help

By Sun Ke | China Daily | Updated: 2021-11-08 09:55 Preventing data security risks, building a data security protection system, and improving data governance mechanisms have become more important. [Photo/IC] China has made strides in data legislation efforts, but more progress is needed to realize the value of data.

  24 days ago ago
To realize data value, progress in legislation can help

ECONOMY-FINANCE

Gobi, desert tapped to be clean energy dynamo

By ZHENG XIN | China Daily | Updated: 2021-10-14 09:42 The first phase of the Dunan PV polysilicon project is located in Bayannur, Northeast China's Inner Mongolia autonomous region, on July 13, 2021. [Photo/IC] China's plan to further optimize its energy mix by building massive wind and solar power facilities in the country's the Gobi and other desert areas will facilitate the country's ambition of reaching more than 1,200 gigawatts of installed solar and wind capacity by 2030, said an analyst.

  1 month ago ago
Gobi, desert tapped to be clean energy dynamo

CAREER-JOBS

Innovation matters to post-1995 workforce

By CHENG SI | China Daily | Updated: 2021-10-23 07:54 An employee works on the production line of a foreign-funded electronics company in Hai'an, Jiangsu province. [Photo by ZHAI HUIYONG/FOR CHINA DAILY] China's younger generation born after 1995 is keen to work in high-tech industries at the cutting edge of innovation, but also attaches more importance to achieving a work-life balance than its older counterparts, according to a recent report.

  1 month ago ago
Innovation matters to post-1995 workforce

FASHION-BEAUTY

Virtual influencers link up brands and customers

By HE WEI in Shanghai | China Daily | Updated: 2021-10-15 09:30 A visitor checks out the booth of Xiaohongshu, a lifestyle platform, during an expo in Shanghai last year. [Photo/China Daily] When cosmetics group L'Oreal introduced its first-ever virtual host for its MG beauty masks during the third China International Import Expo, few could find a strong relation between the animation figure and themselves.

  1 month ago ago
Virtual influencers link up brands and customers

ECONOMY-FINANCE

Stable monetary policy to remain in place for growth

By CHEN JIA | CHINA DAILY | Updated: 2021-10-16 07:23 A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] China's central bank will maintain a stable monetary policy for the rest of the year, suggesting gradually eased inflationary pressure and contained default risk among property developers, senior officials said on Friday.

  1 month ago ago
Stable monetary policy to remain in place for growth

ECONOMY-FINANCE

Inaugural smart offshore oilfield up and running

By ZHENG XIN | China Daily | Updated: 2021-10-15 09:03 A CNOOC employee works on an offshore oil drilling platform in the Bohai Sea on Feb 20, 2020. [Photo by Jia Lei/For China Daily] The country's first offshore "smart" oilfield, Qinhuangdao 32-6 smart oilfield, has entered service, its operator China National Offshore Oil Corp said on Thursday.

  1 month ago ago
Inaugural smart offshore oilfield up and running

CULTURE

Marintec China to be held in Shanghai

By WANG YING | chinadaily.com.cn | Updated: 2021-10-12 16:41 Workers assemble a ship exported to Belgium on March 25, 2020. [Photo by Liang Xiaopeng/For China Daily] The 21st edition of Marintec China will take place on Dec 7 in Shanghai, the event organizers announced on Tuesday.

  1 month ago ago
Marintec China to be held in Shanghai

PETS

2,000 yuan per shoot-pet photography shows love beats money

China Daily | Updated: 2021-10-13 07:46 A lensman shoots pictures of a dolled-up pet dog at a photo studio in Changchun, Jilin province. ZHANG YAO/CHINA NEWS SERVICE Pet owners just like to express their love for their furry family members. Pet hotels and pet birthday cakes are just a couple of examples.

  1 month ago ago
2,000 yuan per shoot-pet photography shows love beats money

ECONOMY-FINANCE

China's postal industry continues to grow rapidly

By LUO WANGSHU | chinadaily.com.cn | Updated: 2021-10-14 14:30 An express worker processes packages at a delivery station in Qinhuangdao, Hebei province, on Feb 24. [Photo by Cao Jianxiong/For China Daily] China's postal industry, including parcel delivery, has been serving nearly 700 million customers per day, boosting consumption upgrades and increasing connections between industries, the industry regulator said on Thursday.

  1 month ago ago
China's postal industry continues to grow rapidly

HEALTH

Summit tracks evolution of health industry

By ZHENG YIRAN | chinadaily.com.cn | Updated: 2021-10-13 17:15 A doctor at a hospital in Qinhuangdao, Hebei province, checks blood pressure data of patients via an online platform on March 26 last year. [Photo by Cao Jianxiong/For China Daily] Driven by the development of new technologies and new business modes, China's health industry is rapidly evolving in a diversified, multi-dimensional manner, and niche markets in the industry tend to integrate with each other, industry experts said.

  1 month ago ago
Summit tracks evolution of health industry

ECONOMY-FINANCE

Reinsurer to help elevate Shanghai's position as world financial center

By TANG ZHIHAO | China Daily | Updated: 2021-10-21 09:39 Sergio P. Ermotti, chairman of the board of directors of Swiss Re Group. [Photo/Swiss Re] Swiss Re Group, with its strong position in insurance, reinsurance, and insurance-based risk transfer, has vowed to use its expertise to support Shanghai in achieving higher goals as an international financial center during the 14th Five-Year Plan (2021-25).

  1 month ago ago
Reinsurer to help elevate Shanghai's position as world financial center

ECONOMY-FINANCE

China's tight coal supply easing, prices stabilizing: NDRC

Xinhua | Updated: 2021-11-02 15:22 A worker shovels coal on a freight train in Jiujiang, Jiangxi province. [HU GUOLIN/FOR CHINA DAILY] BEIJING -- China has seen significant improvement in its coal supply as production has significantly expanded and prices have stabilized, according to the National Development and Reform Commission (NDRC).

  1 month ago ago
China's tight coal supply easing, prices stabilizing: NDRC

PETS

Startup hospitals serve furry friends

By OUYANG SHIJIA | China Daily | Updated: 2021-10-13 09:47 A woman (second from left) helps her pet dog undergo a health check during a pet expo in Wuhan, Hubei province. [Photo/Xinhua] Beijing entrepreneurs bank on the business as medical services for domestic animals are hard to find

  1 month ago ago
Startup hospitals serve furry friends

ECONOMY-FINANCE

Experts warn equity investors against rising metaverse hype

By FAN FEIFEI | China Daily | Updated: 2021-09-10 09:25 A visitor walks past an advertisement promoting metaverse during an expo in Shanghai. [Photo by Zhou You/For China Daily] Metaverse has become a new buzzword among venture capital firms and tech giants, but industry observers warned the concept is vague, even illusory, and certainly nascent-and related technologies, application scenarios and business modes are far from mature.

  2 months ago ago
Experts warn equity investors against rising metaverse hype

DIGITAL-TECHNOLOGY

VR, AR to boom on metaverse, the new frontier

By FAN FEIFEI | China Daily | Updated: 2021-09-02 09:14 A visitor tries Pico's VR device during an expo in Qingdao, Shandong province. [Photo by WANG HAIBIN/FOR CHINA DAILY] The industry of virtual reality and augmented reality is poised to witness robust growth as some internet giants are underlining the importance of building a metaverse, a tech buzzword for the next phase of the internet where the physical world combines with the virtual, industry insiders said.

  2 months ago ago
VR, AR to boom on metaverse, the new frontier

DIGITAL-TECHNOLOGY

China's smart home devices shipments to grow by 14.6% in 2021: report

Xinhua | Updated: 2021-10-16 19:01 Visitors check out Samsung smart home appliances during the second China International Import Expo in Shanghai. [Photo by Jin Liwang/For China Daily] BEIJING -- Shipments of smart home devices in China are expected to grow 14.6 percent year on year to reach around 230 million units in 2021, according to an industry report.

  1 month ago ago
China's smart home devices shipments to grow by 14.6% in 2021: report

ECONOMY-FINANCE

China-Laos railway set to boost commercial relations with ASEAN

By ZHONG NAN in Beijing and LI YINGQING in Kunming | China Daily | Updated: 2021-10-14 09:13 Workers at the construction site of the China-Laos railway. [Photo by Wang Yixiang/For China Daily] The anticipated full opening by the end of this year of the China-Laos railway an important part of the trans-Asian railway network will significantly stimulate both trade volume and people-to-people exchanges between China and Southeast Asia in the coming years, said its investors and operators on Wednesday.

  1 month ago ago
China-Laos railway set to boost commercial relations with ASEAN

SOCIETY

Sustainable transport center plans win approval

By LUO WANGSHU | CHINA DAILY | Updated: 2021-10-16 07:19 An employee operates a smart system that enables remote control of roadbuilding machinery during the Second United Nations Global Sustainable Transport Conference in Beijing on Friday. ZOU HONG/CHINA DAILY Representatives from China and abroad have expressed great interest in the nation's establishment of a global innovation and knowledge center for sustainable transportation, saying that it will be an important platform serving China's international communication in the sector.

  1 month ago ago
Sustainable transport center plans win approval

ECONOMY-FINANCE

Shenzhen reforms set to improve biz climate

By ZHANG YUE | China Daily | Updated: 2021-10-15 08:57 This aerial photo shows the central business district of Shenzhen, South China's Guangdong province, on March 19, 2019. [Photo/Xinhua] Guangdong province's Shenzhen city, which is regarded as South China's technology and financial hub, is stepping up formulating a list of special measures to widen access to its markets, and will also roll out new reform measures to attract global investors, officials said.

  1 month ago ago
Shenzhen reforms set to improve biz climate