A Decathlon employee checks the condition of a bicycle at a store in Beijing on May 1. Decathlon plans to open 20 to 30 stores annually in China over the next two years. [Photo/China Daily] To ride the boom in China’s sports market, Decathlon, a French sports equipment and sportswear manufacturer and retailer, plans to … Continue reading Decathlon plans big expansion in China
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Say hi to Tong Tong, world’s first AGI child-image figure
Tong Tong, the world’s first virtual child-image figure based on AGI technology. [Photo provided to chinadaily.com.cn] Beijing Institute for General Artificial Intelligence (BIGAI) created the world’s first virtual child-image figure named Tong Tong, based on artificial general intelligence (AGI) technology, said the institute in Beijing on Wednesday. Tong Tong has been trained using the TongOS2.0 … Continue reading Say hi to Tong Tong, world’s first AGI child-image figure
HNBR plant starts construction in Changzhou
Photo taken on April 23, 2024, shows a ceremony being held for the start of the construction of a hydrogenated nitrile butadiene rubber (HNBR) plant in Changzhou of Jiangsu province. [Photo provided to chinadaily.com.cn] Construction of a hydrogenated nitrile butadiene rubber (HNBR) plant with an annual production capacity of 5,000 tons started on Tuesday in Changzhou of … Continue reading HNBR plant starts construction in Changzhou
China’s loan prime rates remain unchanged
This file photo shows a worker counting Chinese currency at a bank in Lianyungang, East China’s Jiangsu province. [Photo/Xinhua] BEIJING – China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, unchanged from the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also … Continue reading China’s loan prime rates remain unchanged
Entrepreneurs gear up for further Sino-German cooperation
Representatives from German enterprises sample wine during their visit to the Ningxia Hui autonomous region in February. LIU HAI/XINHUA YINCHUAN — Despite having visited Yinchuan, capital of Northwest China’s Ningxia Hui autonomous region, several times, Philipp Prang, commercial director of Big Dutchman China, remains “very interested in this modern city”. “We have already established good cooperation … Continue reading Entrepreneurs gear up for further Sino-German cooperation
State Grid in concrete move to lessen burden on enterprises
Staffers (in red jackets) from State Grid Xuchang Power Supply Co inquire about electricity need at Pingmei Longji New Energy Technology Co Ltd in Xiangcheng county, Henan province, on April 7. [Photo provided to chinadaily.com.cn] The State Grid — the world’s largest utility which shoulders a dual task of safeguarding China’s energy security as well … Continue reading State Grid in concrete move to lessen burden on enterprises
Mondelez to expand presence in China
Subway passengers stroll through a section decorated by Mondelez International Inc at an exit area of a subway station in Shanghai on March 29, 2024. [Photo provided to chinadaily.com.cn] With disposable incomes rising and more consumption scenarios appearing in China, Mondelez International Inc, a United States-based snacks manufacturer, will expand its presence in the country … Continue reading Mondelez to expand presence in China