Business – NewsFreak

US tariffs expected to have little impact on battery maker

Gotion High-Tech Co Ltd, a leading Chinese electric vehicle battery maker, said on Friday that the United States’ latest tariffs will likely have “limited” impact on Chinese battery makers and that the company’s US factories are expected to continue to “go smoothly”. Ray Chen, vice-president of Gotion’s US business, told China Daily that new tariffs … Continue reading US tariffs expected to have little impact on battery maker

How to Engrave Wood with a Laser Cutter?

Laser engraving wood is a technique that uses a focused laser beam to burn or vaporize the surface of wood, creating permanent marks or designs. The laser beam acts like a chisel, removing layers of material with high precision and speed. This process can be used to create a wide variety of effects, from simple … Continue reading How to Engrave Wood with a Laser Cutter?

Chinese company completes project in Saudi futuristic city NEOM

RIYADH – An adit tunnel project of Saudi Arabia’s futuristic city NEOM, built by China Railway Construction Corporation (CRCC), was completed and delivered on Wednesday, which signifies the end of the first project undertaken by a Chinese enterprise in NEOM. The project commenced in October 2021 and consists of six adits totaling 9.48 km in … Continue reading Chinese company completes project in Saudi futuristic city NEOM

Leading Chinese EV battery maker unveils solid-state battery

Gotion High-Tech Co Ltd, a leading Chinese electric vehicle battery maker, unveiled its all-solid-state battery dubbed Gemstone on Friday. [Photo provided to chinadaily.com.cn] Gotion High-Tech Co Ltd, a leading Chinese electric vehicle battery maker, unveiled its all-solid-state battery dubbed Gemstone on Friday, and looks to start “small-quantity production” by 2027. With an energy density of … Continue reading Leading Chinese EV battery maker unveils solid-state battery

German firm to tap huge silver economy potential in China

[Photo provided to China Daily] Landmark policy is expected to boost the anti-aging industry by technological innovation and high-profile research and development, demonstrating substantial growth potential, said foreign company executives. A guideline on developing the silver economy to enhance the well-being of the elderly, which was issued by the General Office of the State Council, … Continue reading German firm to tap huge silver economy potential in China

Residents’ quality of life enhanced by State Grid Shizuishan Power Supply Company

A staff member from State Grid Shizuishan Power Supply Company introduces electricity-saving knowledge to a resident in Dawukou district, Shizuishan, Ningxia Hui autonomous region. [Photo provided to chinadaily.com.cn] May 10 marked the eighth China Brand Day, an event aimed at raising awareness on brand development and brand building. In order to enhance the corporate image … Continue reading Residents’ quality of life enhanced by State Grid Shizuishan Power Supply Company

Home appliance makers eye bigger global reach

A visitor checks out products of Bear Electric Appliance Co Ltd during an expo in Shanghai on May 12. [Photo/China Daily] Chinese small home appliance makers are accelerating steps to expand their footprint in emerging overseas markets and increasing investment in localized research and development as part of a broader push to bolster sales globally … Continue reading Home appliance makers eye bigger global reach

JD to expand trade-in deals to boost consumption

A logo of Chinese e-commerce giant JD. [Photo/IC] Chinese e-commerce platform JD and its partners will invest 6.5 billion yuan ($900 million) this year to encourage consumers to upgrade their refrigerators, televisions, other consumer durables and home furnishings through trade-in deals, as part of the country’s broader efforts to bolster domestic consumption. China is encouraging … Continue reading JD to expand trade-in deals to boost consumption

Chinese companies attend world’s leading display show in US

BOE Technology Group Co Ltd, a world leader in the semiconductor display industry, displays its products at the SID Display Week 2023 in Los Angeles. YUHAO ZHANG / CHINA DAILY SAN FRANCISCO – Chinese companies were seen as key players at a major display industry exhibition on Tuesday in San Jose, US state of California, … Continue reading Chinese companies attend world’s leading display show in US

China is source of growth and innovation: says Danone CEO

The skyline of Beijing. [Photo/VCG] PARIS – The thriving Sino-French relationship has been instrumental in Danone’s success in China, said the company’s CEO in a recent interview with Xinhua. Danone’s journey in China began in 1987, with its first venture into the dairy sector in Guangzhou. “This pioneering step was more than an entry into … Continue reading China is source of growth and innovation: says Danone CEO