Kweichow Moutai starts to diversify investments, venturing into semiconductor chips

Chinese liquor giant Kweichow Moutai has recently ventured into the chip sector. Industry experts said this move will allow the traditional liquor producer to capitalize on the booming chip industry, while providing much-needed capital for innovation in the increasingly important technology sector. According to corporate information website Tianyancha, two fund companies of Moutai including Moutai […]

China's seven major river basins to fully enter main flood season in August: authorities

Multiple Chinese authorities recently held a meeting to analyze the likelihood of natural disasters in August across the country, forecasting that a range of natural disasters remained likely.  According to CCTV News on Monday, related departments affiliated with China's Ministry of Emergency Management (MEM), together with the Ministry of Natural Resources (MNR) and other authorities, […]

Iran vows revenge for Haniyeh's death as 'Middle East teetering on brink of broader conflict'

The situation in the Middle East is again teetering on the brink of what experts described as an "escalating and volatile conflict," as Iran vowed "harsh punishment" for Israel, which it says was responsible for assassinating Hamas' political leader, Ismail Haniyeh.  A large number of people gathered at the University of Tehran on Thursday morning […]

Young entrepreneurs from Mekong countries call for strengthening ASEAN cooperation, refute Western hype about China's overcapacity

At the Lancang-Mekong Youth Entrepreneurs Forum that concluded on Thursday in Kunming, Southwest China's Yunnan Province, young business leaders from Lancang-Mekong countries emphasized the importance of strengthening ASEAN cooperation and expressed their optimism about the positive impact of China's new quality productive forces on neighboring countries. The forum, initially proposed by Chinese Premier Li Qiang, […]

China's first marriage-related undergraduate major to recruit students

China Civil Affairs University has announced it will enroll students for its new undergraduate marriage-related major in September, aiming to cultivate professionals with the skills to develop marriage-related industries and culture in China. This is China's first undergraduate major related to marriage, titled Marriage Services and Management. The major will focus on development of the […]

Fuyao Class not targeted in US raid; investigation focuses on third-party labor provider: company

Fuyao Glass announced on Sunday that the raid on its US subsidiary, Fuyao Glass America, by the US federal and local law enforcement agencies on Friday, was part of an investigation into a third-party labor service provider, and that Fuyao Glass America was not the target of the probe, according to US authorities. The response […]

Exhibitors sign up for 360,000 sq m at 7th CIIE; confident in China's market potential, opening-up

More than 50 countries and international organizations have confirmed their participation in the 7th edition of the China International Import Expo (CIIE), with companies signing up for 360,000 square meters of space, officials told reporters on Wednesday, as the 100-day countdown to the event approaches. Exhibitors have high expectations for the expo and are fully […]