China continues strengthening position as leading source of outbound investment

By Wang Junling China’s total outbound direct investment (ODI) increased 7 percent year-on-year to 1.03 trillion yuan ($145 billion) in the first 10 months of 2025, according to the latest data from China’s Ministry of Commerce. During the same period, Chinese companies made non-financial direct investments in 9,553 overseas businesses in 152 countries and regions,…

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Chinese automakers strengthen capabilities in powertrain development

By Kang Pu, Li Fangyi The powertrain — comprising the engine, transmission, and electric motor — is the core of any vehicle, directly influencing power output, energy efficiency, and overall reliability. Following decades of dedicated research and sustained investment, Chinese automakers have made substantial progress across powertrain technologies, advancing from a phase of catching up…

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OpenHarmony builds digital foundation for multiple industries

By Gu Yekai, People’s Daily As a new-generation open-source operating system independently developed in China, OpenAtom OpenHarmony, or OpenHarmony, is steadily extending from consumer applications to a wide range of industrial and public-service scenarios. By integrating software with real-world needs, it is laying a solid digital foundation for industrial upgrading and the improvement of people’s…

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