A logo of CATL seen in Guangzhou, Guangdong province on Nov 24, 2023. [Photo/VCG] China’s Contemporary Amperex Technology Co (CATL) unveils the new passenger vehicle battery, “Shenxing Plus,” at the 2024 Beijing International Automotive Exhibition, ThePaper reported on Thursday. The “Shenxing Plus” battery, based on lithium iron phosphate materials, boasts endurance mileage exceeding 1,000 kilometers, … Continue reading CATL launches battery with maximum range 1,000 km
Tag: innovation
New quality forces crucial to industrial, tech transformation
MA XUEJING/CHINA DAILY During the first group study session held by the Political Bureau of the Communist Party of China Central Committee this year, President Xi Jinping said that, with innovation playing a leading role, new quality productive forces mean advanced productivity that is freed from traditional economic growth mode and productivity development paths; they … Continue reading New quality forces crucial to industrial, tech transformation
Nike doubles down on hyper-localized innovations for China
Nike showcased its latest pipeline of innovations, together with 40 world-class elite athletes, including the sculpted Air unit in the new Pegasus Premium, during the “Nike On Air” event in Paris last week. [Photo provided to chinadaily.com.cn] Nike Inc, the leading global sportswear producer, is doubling down on the Chinese market by leveraging a fast-responsive … Continue reading Nike doubles down on hyper-localized innovations for China
Advanced manufacturing magnet for foreign firms amid upgrades
Daimler trucks are displayed during the 6th China International Import Expo in Shanghai in November. PHOTO/CHINA DAILY BEIJING — China’s advanced manufacturing is attracting the attention of foreign-invested companies amid an innovation-led upgrade of the nation’s industrial chain. “We see booming innovations in areas including new energy vehicles, and connected and automated driving trucks in … Continue reading Advanced manufacturing magnet for foreign firms amid upgrades
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
Alibaba returns to simple and agile structure
Jack Ma, founder of Alibaba Group. [Photo/VCG] Jack Ma, co-founder of Chinese tech heavyweight Alibaba Group Holding Ltd, affirmed on Wednesday the courage Alibaba’s new leadership team had to embrace new changes, saying the company has returned to a healthy growth track and will continue to innovate. Ma wrote in an internal letter to employees … Continue reading Alibaba returns to simple and agile structure
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
Expert highlights innovative drivers to bolster high-quality development
Employees work at a production facility for display units in Chongqing on March 14. [Photo/Xinhua] China’s emphasis on nurturing new quality productive forces is set to inject fresh impetus into the country’s high-quality development and contribute greatly to global economic recovery, while offering enormous business opportunities for investors both at home and abroad, according to … Continue reading Expert highlights innovative drivers to bolster high-quality development
Carestream raising localization to gain larger market share
Visitors gather at the booth of Carestream Health Inc during a medical equipment exhibition in Shanghai in 2023. [PHOTO/CHINA DAILY] US-based medical equipment manufacturer Carestream Health Inc plans to localize the production of a variety of items in China this year to secure a larger market share, a senior executive said. The initiative aims to … Continue reading Carestream raising localization to gain larger market share
ZF expresses confidence about auto industry’s future in China
ZF operates more than 50 plants, four R&D centers and 240 after-sales service centers in China. [Photo/China Daily] Global technology company ZF remains bullish about the Chinese market, pledging continued investment, innovation and localization efforts in the world’s largest auto market, its CEO said at the China Development Forum on Sunday in Beijing. “China is … Continue reading ZF expresses confidence about auto industry’s future in China