Although they might not be as technologically advanced as the US, I believe the Chinese market and Chinese companies will win," he said in an interview with China Daily.
With their mutually complementary economic advantages, there is no so-called dependence of one side on the other between China and Germany, Shu Jueting, a spokeswoman of the Ministry of Commerce, said on Thursday.
China has vowed to vigorously promote the integrated growth of oil and gas exploration and development with new energy, while actively expanding the scale of green electricity utilization by oil and gas enterprises.
People between 26 and 35 make up the demographic that most frequently purchases imports and foreign brands, accounting for nearly half of the total of all age groups.
China's emphasis on developing advanced manufacturing is expected to enhance the resilience of its industrial and supply chains, boost the country's core competitiveness globally.
The world's billionaires with a personal wealth of at least $1 billion reported the biggest slump in record last year, with the total number down by 8 percent to come at 3,112.
The company operating Paris's airports says the French capital aims to have the world's first air taxi network up and flying in time for next year's summer Olympic Games.
China's top automobile industry association has called on automakers to manage competition in a reasonable way to prevent excesses that may unnecessarily hamper a market recovering from the COVID-19 pandemic and chip shortages.
Construction has begun on the world's first large-scale project to produce alkene, or olefin, using green hydrogen in Ordos, Inner Mongolia autonomous region, Ningxia Baofeng Energy Group announced on Wednesday.
Contemporary Amperex Technology Co Ltd, the world's largest electric vehicle battery maker, confirmed to China Daily that the company has achieved mass production of its cutting-edge Qilin batteries.
A total of 3,600 electric Neta Vs left the Nansha port in Guangzhou, Guangdong province, on Tuesday for Southeast Asian countries including Thailand, marking the biggest overseas shipment of vehicles among China's NEV startups.
China's first independently designed offshore carbon dioxide injection well will not only facilitate the government's ambition to achieve carbon neutrality by 2060, but also fills a void in China's offshore CO2 storage technology, industry experts said.
China has rolled out a slew of policy measures to expand the growing of soybeans and protect the interests of farmers as part of broader efforts to ensure food security.
Quick-frozen, semicooked Chinese food has been gaining momentum domestically since the COVID-19 pandemic, and is expected to appear more often overseas as supermarkets and restaurants in Canada cater to a growing demand for authentic Chinese food.
China's installed renewable energy capacity saw robust growth in the first two months of the year, data from the National Energy Administration showed on Tuesday.
China's railways saw steady growth in passenger trips and freight volume in February, official data showed.
Eyeing the huge market potential, pharmaceutical enterprises are ramping up efforts to grab a share of the COVID-19 preventative oral medicine market in China and the rest of the world.
China's steel industry is expected to remain stable in 2023, with demand likely to improve as the world's second-largest economy is on track for steady recovery this year, said an industry expert.
Amazon announced on Monday the company's plan to cut 9,000 more jobs in a new round of layoffs.
China National Offshore Oil Corporation (CNOOC) started drilling on Sunday for its carbon dioxide (CO2) injection well at the Enping 15-1 platform.
Baidu Inc, China's largest search engine company, gave the public a peek at its Chinese-language ChatGPT alternative's capabilities through an unveiling of its much-awaited AI-powered chatbot called Ernie Bot on Thursday.
China's coal-rich province of Shanxi extracted 1.71 billion cubic meters of coalbed methane in the first two months of this year, accounting for approximately 82.6 percent of the country's total, according to the provincial statistics bureau.
A cargo aircraft carrying chilled salmon from Santiago, Chile, arrived recently at Changsha, Hunan province, ready to tease the taste buds of Chinese diners.
Vietnam Airlines flew more than 100 passengers from the Chinese capital Beijing to Hanoi on Sunday, marking its first regular service between the two capitals in three years, Vietnam News Agency reported.
China's chip sector is under pressure to grow up fast in the face of the US government's crackdown and sweeping restrictions.
Huawei Technologies Co is calling on partners to promote industry consensus and commercial deployments for the era of 5.5G, an evolution of 5G technology.
China's cruise tourism market is expected to revive this year, supported by the country's optimized COVID-19 measures.
The U.S. has failed to provide any evidence that TikTok poses a threat to U.S. national security, and it should stop spreading misinformation and unreasonably suppressing relevant firms, the Chinese Foreign Ministry urged on Thursday.
China has rolled out a raft of policy measures to stabilize soybean production this year, according to the country's agricultural ministry on Thursday.
Chinese manufacturers of construction equipment are ready to embrace a greener and more intelligent future, presenting electric versions of multiple vehicles and the application of smart technologies at North America's largest construction trade show opened here on Tuesday.