Innovation only way to control destiny, Gree’s head says

“Serving the world with foreign technologies does not count as a real service. Providing self-developed technologies is what counts,” Dong Mingzhu, chairwoman of Chinese home appliance manufacturer Gree Electric Appliances, said when delivering a speech at the eighth China (Mianyang)…

Construction for Winter Games nears completion

Work has been going smoothly as the construction of venues for the 2022 Winter Olympics proceeded, with 500 days to go. By the end of this year, all construction in both Beijing and Zhangjiakou, which will host the Games jointly,…

Chinese economy makes relatively swift recovery: ECB article

FRANKFURT – The Chinese economy made a relatively swift recovery after bottoming out in the first quarter of the year due to the COVID-19 pandemic, according to an article published by the European Central Bank (ECB) on Monday. China’s economic…

WM raises 10 billion yuan in latest financing round

Baidu-backed WM Motor announced Tuesday that it has raised 10 billion yuan ($1.47 billion) in round-D financing, more than any other Chinese electric car startup has raised in a single financing round. Investors in this financing round include SAIC Motor,…

Stronger cooperation between Chinese and Western medicine urged

China’s “dual circulation” development pattern, which takes the domestic sector as the mainstay while domestic and foreign markets complement each other, requires China’s pharmaceutical industry to enhance Chinese and Western medicine cooperation, to achieve high-quality development of the industry, experts…

Gansu’s foreign trade hits 22.91 billion yuan

In the first eight months of this year, the total value of foreign trade in Gansu province stood at 22.91 billion yuan, a drop of 6.8 percent year-on-year according to Lanzhou Customs on Wednesday. Kazakhstan remains the province’s top trade…

Djokovic wins record 36th Masters title in Rome

  ROME – Novak Djokovic won a record 36th Masters crown as he beat Diego Schwartzman in the men’s final of the ATP Italian Open on Monday. Djokovic, the world number one and the top seed at the tournament, won…

Winter sports in the limelight as firms anticipate huge growth opportunities

As the Beijing 2022 Olympic and Paralympic Winter Games approach, and with Chinese authorities’ efforts to revive the sports industry after COVID-19 epidemic, companies both at home and abroad are zeroing in on China’s fast-growing sports sector and expect to…

Services trade enjoys big boost from expo

Event in Beijing helps promote international economic cooperation and ushers in enhanced sustainable development Themed “Global Services, Shared Prosperity”, the 2020 China International Fair for Trade in Services showcased new technologies and innovations in the services sector that are expected…

Capital city steps up data, digitalization push to boost global expansion of firms

National capital Beijing’s latest efforts in facilitating data transactions as well as the digital economy will greatly boost local enterprises’ competitiveness globally, industry insiders and experts said. This assumes significance as leading countries are all competing for the digital trade…