China’s charging pile expertise sought-after in overseas countries

Factory workers at a charging pile manufacturer in Luoyang, Henan province, inspect EV charging piles. [Photo/China Daily] Chinese charging pile companies have advantages in the supply chain, technology innovation and cost, leading to high demand in overseas markets, industry experts said. With emissions regulations tightening, the transition to vehicle electrification is unstoppable worldwide. While new … Continue reading China’s charging pile expertise sought-after in overseas countries

Protecting Chinese inventions with smart patent moves

[Photo/VCG] I started reporting on the tech industry in 2015 and since then I’ve noticed that patents have always been a key topic of interest for my interviewees, readers and myself. After all, patents speak volumes about a country’s or a company’s technological strength or weakness. Over the past decade, I’ve witnessed how patents shifted … Continue reading Protecting Chinese inventions with smart patent moves

Tencent unveils smart mobility system for automakers

Dowson Tong, Tencent’s senior executive vice-president and CEO of Tencent’s cloud and smart industries group. [Photo provided to chinadaily.com.cn] Chinese internet company Tencent Holdings launched its large model for vehicles on Wednesday. The company said it has offered its autonomous driving cloud solutions to companies such as Mercedes-Benz, Bosch, Nvidia and Nio. Tencent, which reiterated … Continue reading Tencent unveils smart mobility system for automakers

Two China and US leading cloud-based solution providers join forces

The launching ceremony of Cloopen and Genesys for The Partner Cloud in China in Beijing on April 23, 2024. [Photo provided to chinadaily.com.cn] Cloopen, a leading cloud-based communications solution provider in China and Genesys China, a US cloud-based solutions provider, kicked off a partnership named The Partner Cloud in China on Tuesday. Under the partnership, … Continue reading Two China and US leading cloud-based solution providers join forces

EMAG bullish on business in China market

Visitors check out EMAG products during a trade fair in Shanghai. [Photo/China Daily] EMAG Group, a German machine tool manufacturer, anticipates a doubling of delivery volumes from Chinese factories within the next three to four years, with several million euros of investment in the pipeline, said its executives. “This is the strategy we are implementing … Continue reading EMAG bullish on business in China market

Delisting guideline to root out disqualified companies

An investor in Shanghai checks stock index movements on a mobile phone. [PHOTO by WANG GANG/FOR CHINA DAILY] The guideline to strictly execute the delisting mechanism released by the China Securities Regulatory Commission on Friday and the exchanges’ revised listing rules unveiled on the same day aim to rule out the disqualified companies in the … Continue reading Delisting guideline to root out disqualified companies

20 Chinese mainland companies debut on Micro Connect exchange

[Photo/VCG] A batch of 20 Chinese mainland companies debuted on the Micro Connect (Macao) Financial Assets Exchange (MCEX) on Friday, helping these small and medium-sized enterprises to leverage overseas long-term capital, Gary Zhang, founder and CEO of Micro Connect, said on a listing ceremony held in Shanghai on Friday. The companies that successfully sought financing … Continue reading 20 Chinese mainland companies debut on Micro Connect exchange

China uses tax reverse charge to promote recycling

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] China’s State Taxation Administration said on Wednesday that it will offer reverse charge — a tax mechanism that allows buyer, instead of seller, to declare and pay tax to government — for recycling companies by the end of … Continue reading China uses tax reverse charge to promote recycling

Can Chinese stock indexes go the Nikkei way?

An investor looks at share prices at a brokerage in Fuyang, Anhui province. [Photo by Wang Biao/For China Daily] All eyes, it seems, are on the Japanese stock market (never mind that the Japanese yen plunged to a 34-year low of 151.97 against the US dollar on March 27). While the A-share market investors are … Continue reading Can Chinese stock indexes go the Nikkei way?

Pharma perfect match for China’s new forces

Takeda Pharmaceutical’s booth at the fifth CIIE. [Photo/VCG] Acknowledging China’s vision of cultivating new quality productive forces, Takeda Pharmaceutical Co Ltd remains upbeat about the Chinese market, aiming to further invest in the country, said its top executive. Christophe Weber, CEO of Takeda, said that China’s pursuit of new quality productive forces, which features innovation … Continue reading Pharma perfect match for China’s new forces