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Could China's economy-boosting infrastructure plans throw a contradictory monkey wrench in the works?

Striving to reduce local government debt while boosting China’s local-level economies through investment is seen as a conflicting approach, while a decline in construction machinery operations does not bode well.

Anhui , China , Zhejiang , Liaoning , Guangdong , Jilin , Beijing , Shaanxi , Peng , Yu-miaojie , Guangdong-society-of-reform , Liaoning-university

BorgWarner to supply eMotor to Chinese smart EV company XPeng, ET Auto

The product will be used on the X9 MPV as well as XPeng’s next electric B-class sedan, with start of production planned for Q3 2024. The high voltage hairpin (HVH) 220 eMotor offers high power and torque density, plus higher efficiency at a competitive cost. It also provides outstanding durability, BorgWarner said.

China , Chinese , Stefan-demmerle , Borgwarner , General-manager , Borgwarner-powerdrive-systems , Peng , Motor , V-company , V-component , E-motor-rotor , Em

China's economic growth at risk from societal stagnation, scholar warns of the 'most significant crisis of our time'

Lu Dewen, a sociology professor specialising in rural governance at Wuhan University, warns of a trend of superficiality rather than substance amid China’s sluggish economic recovery.

Guangdong , Jilin , China , Beijing , Peng , China-initiative , Guangdong-society-of-reform , Road-initiative , Guangdong-society , Hina-news , Hina-update

China's economic powerhouses target top-tier industrial tech in national 'high-quality growth' drive

Officials in Guangdong, Shandong, Anhui and Liaoning convene meetings to find ways to boost investment and overhaul technology.

Beijing , China , Xuefeng , Hunan , Shandong , Jiangsu , Liaoning , Hong-kong , Guangdong , Jilin , Anhui , Shanghai

China aims to plug gap between lab and market in hi-tech push with patent rule changes

An Economic Daily commentary on Friday said China’s universities and research institutions need to expedite the issuance of high-value patents, as Beijing seeks to mitigate US tech curbs and drive sustainable economic growth.

Renmin , Liaoning , China , Washington , United-states , Guangdong , Jilin , Beijing , Shen-jian , Henan , Peng , Guangdong-society-of-reform

To curb Lunar New Year economic lull, Shanghai hires planes, trains and automobiles to bring workers back

The weeklong holiday makes it more difficult to maintain production levels as cities and provinces are being hard-pressed to rev up China’s economic engine, driving up competition for labour resources.

Guangdong , Jilin , China , Shanghai , Yangtze-river , China-general- , Dongguan , Guizhou , Yang-jiaying , Pearl-river , Chinese , Peng

China's graduates pursue vocational training as firms eye practical, technical skills from problem solvers over academics

Graduates have borne the brunt of shrinking demand, with a record high 11.79 million college students expected to graduate this year, adding further pressure to an already strained job market.

Guangdong , Jilin , China , Wang-dan , Xizang , Beijing , Zhilian-zhaopin , Peng , Guangdong-society-of-reform , Hang-seng-bank-china , Guangdong-society , Farmer-daily

China EVs: Li Auto rewards hard-working employees with fat bonuses for surpassing 2023 sales target

Li Auto plans to give its 20,000 employees annual bonuses of up to eight months’ pay for exceeding the 300,000-unit sales target last year. The carmaker has set a goal of delivering 800,000 units this year.

Shanghai , China , Gao-shen , Zhejiang , Chinese , China-passenger-car-association , China-passenger-car , Fitch-ratings , Li-auto , Ear-end-bonuses , V

Why is China increasing restrictions on renewable power plants?

China is expected to increase curbs on renewable power plant output due to grid capacity issues. The curtailment rates, known as curbs, are likely to rise this year and slow down China's energy transition. The State Grid's pledge to keep curtailment rates within 5% by 2020 has been challenging due to surging solar and wind installations. Investment in power generation projects has outpaced growth in power transmission projects. China's rapid addition of wind and solar power has put it ahead of its 2030 installation target.

United-kingdom , China , Singapore , Peng , China-electricity-council , China-new-energy-investment , China-national-energy-administration , State-grid , National-energy-administration , Finance-alliance , Wind , Solar