Restricting open competition in new energy products and technologies will lead to a regression in the European Union's green transition and dampen the confidence of Chinese companies in investing in the EU, said a senior Chinese commerce official in Poland.
The recent tariff hikes of U.S. President Joe Biden's administration on Chinese imports, particularly on clean energy products, have drawn criticism for potentially slowing the United States' green transition and undermining its climate goals.
The White House announced on May 14 that tariffs on solar cells and modules will increase from 25 percent to 50 percent in 2024.
Restricting open competition in new energy products and technologies will lead to a regression in the European Union's green transition and dampen the confidence of Chinese companies in investing in the EU.
Tourists from the Mein Schiff 5 cruise ship enjoy their visit to Shanghai on April 6. Visitors from European countries including Germany, Austria and Switzerland, are allowed visa-free entry.
China's economy is witnessing an upward trajectory, driven by the momentum in its manufacturing sector and the increasing potential of the consumer market, People's Daily reported on Wednesday.
This innovation is part of the telecom carrier's in-house LLM, which is roughly translated as Yuanjing, designed to empower various sectors like clothing, automaking and equipment manufacturing with robust AI capabilities.
China is likely to roll out more measures to better protect investor rights at the high-profile Lujiazui Forum later this month, with focus on strengthening investor compensation in cases of interest infringement and delisting, analysts said on Wednesday.
China, the European Union and Singapore are collaborating to develop a new version of the Common Ground Taxonomy, which will upgrade the existing China-EU green finance cooperation initiative into a multilateral project and further boost international green capital flows.
Amazon Web Services is committed to long-term investments in China, and will focus on offering generative artificial intelligence technology and helping Chinese enterprises in their digital transformation, a senior executive said.
Two of BYD's new-energy vehicle models stand on display at the company's new dealership in East London's Canary Wharf.All BYD models for overseas markets will be showcased and sold at the Canary Wharf dealership in the future, according to the company.
Amid rising global demand, technological progress and new international environmental regulations, market watchers and shipbuilders predict that China's shipbuilding industry will contribute significantly to the country's foreign trade this year.
Chongqing has advanced the construction of the New Western Land-Sea Trade Corridor, with an emphasis on improving the collection and distribution system of the international logistics channel, said a top official of the municipality in Southwest China.
The China-Europe freight rail service achieved a remarkable milestone on May 25 by completing its 90,000th journey — an outstanding achievement that underscores the success of the Belt and Road Initiative and its deep roots in history.
Chinese autonomous driving startup WeRide is offering driverless shuttle service at the French open, in collaboration with its strategic investor French carmaker Renault and the French Tennis Federation.
Airbus CEO Guillaume Faury has blamed the U.S. for trade wars that have engulfed the global economy, according to American business magazine Fortune.
Chang'an Automobile plans to launch around 60 products by 2030, entering more countries, building overseas sales networks in 20 global locations and investing 4 billion yuan ($552 million) in Thailand to build a global production base.
In China, all-solid-state batteries, especially sulfide-based ones, with an energy density of 400 Watt-hour per kilogram are finding favor now.
China's central regions offer vast opportunities for multinational companies to invest and do business, attendees to the Expo Central China 2024 said.
Supported by well-developed industrial and supply chains in China, domestic companies have greater opportunities to diversify their market channels internationally.
China's centrally administered State-owned enterprises will be prohibited from establishing, acquiring or taking new stakes in financial institutions, according to information released by the country's top State-owned assets regulator on Tuesday.
China's new-energy passenger car manufacturers sold 910,000 units through wholesale channels in May, up 35 percent year-on-year and 16 percent from a month earlier, data from the China Passenger Car Association (CPCA) showed on Tuesday.
Beijing Daxing International Airport has handled over 20.10 million passenger trips as of Sunday, an increase of 42.23 percent over the same period last year, and hit the 20 million mark 50 days ahead of 2023.
As China's smart electric vehicle market sees fiercer competition than ever, auto executives have called for collaboration and efforts to build an open ecosystem.
A vehicle safety test scandal in Japan widened on Monday, as five local carmakers were found to have submitted incorrect or manipulated data when they applied for certification of some of their vehicles.
A senior Chinese legislator has called on the country's youth studying at various vocational schools to sharpen their skills and enhance innovation awareness to better contribute to the Chinese modernization.
In the past five years, China's scale of cross-border e-commerce trade has increased by more than 10 times, People's Daily reported on Tuesday quoting He Yadong, spokesman for the Ministry of Commerce, during a news conference.
About 85 percent of Chinese business leaders plan to increase investments in generative artificial intelligence in 2024.
China is open to holding dialogues with the European Union to resolve trade frictions and will take all necessary measures to safeguard the legitimate interests of Chinese companies, said senior Chinese commerce officials in Europe.
SF Diamond has established a lab-grown diamond factory in Henan province that has an annual production capacity of about 700,000 carats, making it the largest chemical vapor deposition (CVD) process-based diamond producer in the country.