Rolls-Royce, a leading British provider of power and propulsion solutions, has partnered with Chinese battery manufacturer Contemporary Amperex Technology Co Ltd (CATL) to introduce CATL’s new TENER product line in the European Union and the United Kingdom. This collaboration marks a significant step in advancing energy storage technology in these regions. CATL’s TENER product line...
Allianz Global Investors Acquires Stake in Guomin Pension to Enter China’s Private Pension Market
Allianz Global Investors (AllianzGI), a division of Europe’s largest insurer Allianz, is subscribing to a new share issuance by Guomin Pension, securing a 2% stake in one of China’s leading private pension market players. This strategic move allows AllianzGI to invest in China’s burgeoning private pension sector, marked by a rapidly aging population. AllianzGI is...
UK Delegation, Initiated by HSBC, Visits Wuxi for Investment and Cooperation Opportunities
A delegation of enterprises from the United Kingdom, organized by Hong Kong and Shanghai Banking Corporation (HSBC), visited Wuxi, Jiangsu province. Du Xiaogang, Party secretary of Wuxi, welcomed the delegation, including Sir Sherard Louis Cowper-Coles, chairman of the China–Britain Business Council (CBBC). Du Xiaogang expressed gratitude to the CBBC and HSBC for their continued support...
World’s First Virtual Panda Unveiled Using Advanced AI Technology
The world’s first virtual panda was unveiled on Wednesday by the National Forestry and Grassland Administration (NFGA), China Media Group, and internet giant Tencent. This innovative virtual panda captures the cuteness of the giant panda using state-of-the-art artificial intelligence (AI) technology. Developed using Tencent’s advanced technologies, the virtual panda boasts an ultra-high-definition restoration of a...
Monet Exhibition Opens in Guiyang, Showcasing Over 150 Impressionist Works
An exhibition featuring the works of renowned French painter Claude Monet has opened at the Guiyang International Fashion Release Center in Guiyang, the capital of Southwest China’s Guizhou province. Monet, a key figure in the Impressionist movement, left behind over 500 sketches and more than 2,000 oil paintings during his prolific career. The exhibition, brings...
Shenzhen Seminar Helps Expats Navigate Banking Challenges
Shenzhen Seminar Helps Expats Navigate Banking Challenges Shenzhen, June 25, 2024 – A seminar aimed at addressing common banking challenges faced by Shenzhen’s foreign residents was held yesterday at the Shekou Foreign Legal Assistance Center in Nanshan District. This event is part of the center’s “One Month, One Topic” seminar series, designed to help expats...
Historic Dapeng Fortress Wall Collapses Due to Heavy Rain
Shenzhen, June 25, 2024 – The south gate wall of Dapeng Fortress, a Ming Dynasty (1368-1644) walled village in Shenzhen, South China’s Guangdong Province, recently collapsed due to continuous heavy rain, according to an announcement by the general office of the site in the city’s Dapeng New District. The collapse, which occurred on Saturday, was...
Chinese Literary Characters to Debut in Paris with a French Makeover
Paris, June 25, 2024 – Beloved Chinese characters like Fan Xian from Joy of Life, Ye Xiu from The King’s Avatar, and Klein Moretti from Lord of Mysteries are set to undergo a stunning transformation and become part of a range of derivative products, including trading cards, under the new Yuewen IP in Paris Initiative....
Chinese EV Surge Shakes Up Thai Automotive Market, Forces Japanese Factory Closures
Bangkok, June 22, 2024 – BYD celebrated a significant milestone with the opening of its 108th store in Thailand, marking its 300th in the Asia-Pacific region. This expansion underscores BYD’s commitment to the Thai market and highlights the growing influence of Chinese electric vehicles (EVs) in the region. Ke Yubin, Assistant General Manager of BYD...
China Considers Harsher Penalties for Violent Juvenile Crimes
China is poised to implement stricter measures in response to a rise in juvenile crime. As part of China’s Stricter Penalties for Violent Juvenile Crimes, a draft amendment to the Criminal Law, currently under review by the National People’s Congress (NPC) Standing Committee, proposes a two-pronged approach: lowering the age of criminal responsibility and expanding...