CGN Nuclear Technology Development, a subsidiary of China General Nuclear Power Group (CGN), has made a significant breakthrough in the field of cancer treatment with the production of China’s first proton therapy cyclotron at its facility in Mianyang, Sichuan province. This milestone is part of the company’s broader strategy to localize proton therapy technology, aiming […]
Fortive Corp, a global industrial technology company, is ramping up its investments and localization efforts in China, particularly targeting the manufacturing, energy, and electric vehicle (EV) sectors. This move is aimed at capitalizing on China’s rapidly evolving consumer market and its ongoing industrial transformation, according to a company executive. Expanding in Key Sectors Jasper Ang, […]
China is projected to import 30 million metric tons of soybeans from the United States during the 2025 marketing year (Sept 1, 2024, to Aug 31, 2025), with both countries recognizing significant opportunities for expanding agricultural cooperation, according to a senior executive of the US Soybean Export Council. Janna Fritz, the council’s vice-chair, noted that […]
Officials and industry experts gathered at the 29th Asian EXIM Banks Forum annual meeting in Shanghai have called for stronger cooperation among Asian Export-Import (EXIM) banks to drive economic growth and address major regional challenges. The focus of the discussions was on overcoming global uncertainties, fostering the green transition, and enhancing collaboration on trade digitalization […]
China’s key money supply indicator, M1, showed signs of recovery for the first time in nine months, signaling a possible shift toward rising spending and investment in the economy. This marks an early sign that the raft of monetary, fiscal, and real estate policies aimed at boosting confidence are beginning to take effect. M1 Improvement […]
At the seventh China International Import Expo (CIIE) held in Shanghai, German companies expressed their growing commitment to increasing their investment and innovation capacity in the Chinese market. This is seen as part of a broader effort to inject new momentum into the Sino-German partnership and capitalize on China’s transformation into an innovation-driven economy. One […]
China’s centrally-administered State-owned enterprises (SOEs) have significantly contributed to the nation’s technological advancements, investing over 1 trillion yuan (approximately $139 billion) annually in research and development (R&D) over the past two years, according to a recent report by the State-owned Assets Supervision and Administration Commission (SASAC). The report, which highlights the progress of SOEs in […]
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle (EV) battery maker by installation, is open to building a manufacturing plant in the United States, provided that President-elect Donald Trump facilitates Chinese investment, according to media reports. In an interview with Reuters, CATL’s founder and chairman, Robin Zeng, revealed that the company had […]
In the flood-prone regions of western Kenya, farmers like Francis Mayobo are finding hope through an innovative solution: bamboo. For decades, Mayobo’s farm along the Nzoia River, which flows from Kenya’s northwestern highlands into Lake Victoria, was repeatedly devastated by floods, destroying his crops and pushing him to the edge of poverty. But four years […]
China to Strengthen Global Cooperation, Create Development Opportunities for All: Diplomat Li Hongwei At the First Asia-America-Europe Business Cooperation Development Forum in Bali on November 3, Li Hongwei, Minister Counsellor at the Chinese Embassy in Indonesia, emphasized China’s commitment to accelerating its modernization process, which, he said, will create more development opportunities for countries worldwide. […]
