Two C919 aircraft are ready to be delivered to Air China and China Southern Airlines at COMAC’s manufacturing base in Shanghai on Wednesday. [Photo provided to chinadaily.com.cn] State-owned carriers Air China and China Southern Airlines received their first C919 jets simultaneously on Wednesday evening in Shanghai, indicating the beginning of a new phase of operation … Continue reading Air China and China Southern Airlines welcome first C919 jets
Tag: commercial
China’s geospatial sector flying high on back of digital economy
The exhibition area of the China International Big Data Industry Expo 2023 in Guiyang, capital of Southwest China’s Guizhou province, on May 25, 2023. [Photo/VCG] China’s geospatial industry is approaching world-class standards, driven by the burgeoning digital economy, according to a recent industry report. The report, released on Wednesday by the China Association for Geospatial … Continue reading China’s geospatial sector flying high on back of digital economy
Big banks cut deposit rates to strengthen sector stability
This file photo shows a worker counting Chinese currency at a bank in Lianyungang, East China’s Jiangsu province. [Photo/Xinhua] Several major Chinese commercial banks cut deposit rates on Thursday, signaling a new round of deposit rate cuts that could pave the way for further reductions in policy benchmarks of lending rates to bolster economic growth, … Continue reading Big banks cut deposit rates to strengthen sector stability
New Tesla energy storage plant breaks ground in development
Tesla’s energy storage plant in eastern Shanghai’s Lin-gang Special Area broke ground on Thursday. [Photo provided to chinadaily.com.cn] Tesla’s energy storage plant in eastern Shanghai’s Lin-gang Special Area broke ground on Thursday, marking a major progress forward of this facility – the US electric carmaker’s first of such facility outside its home country. Covering some … Continue reading New Tesla energy storage plant breaks ground in development