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Daniel Ren
Shanghai Bureau Chief
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Areas of Expertise:
China business, finance and marketsLanguages Spoken:
English, Mandarin
Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.
The magazine, which is available for US$5.7 online and at select offline locations, features Michelle Yeoh on the cover.
BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.
He Xiaoping’s recent trip to the US, where he met more than 30 professionals in the AI field, helped form his conclusions about the industry.
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Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.
The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.
The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.
Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.
CATL and Gotion add momentum to China’s efforts to build new-energy vessels amid an accelerated decarbonisation drive.
The flats at One Park Place were in high demand after developers Sino Land, CSI Properties and MTR offered discounts of up to 15 per cent.
Makers of fast-moving goods must look to lower-tier cities for growth as deflation persists, Bain & Co and Kantar Worldpanel say.
The China Securities Regulatory Commission seeks a performance-based salary mechanism at the country’s 160 mutual fund houses.
Construction on 25,000-container ship could start in the next 10 years, but a lot remains to be done, a top executive says.
Company is pinning its hopes on a 12,000-strong R&D team to come up with technological breakthroughs.
Chinese shipbuilders accounted for 65 per cent of global orders in the first three quarters, down from nearly 75 per cent a year earlier.
However, the rebound may not be sufficient to help the company reclaim lost ground in China, an analyst says.
From cruise ships to deep-sea ocean drillers, China aims to open its vast shipbuilding industry wider to overseas partners.
Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.
CSSC’s plan to develop specialised vessels is in line with Beijing’s ambition to transform the country into a shipbuilding powerhouse.
About 60 per cent of the major performances during this year’s CSIAF featured foreign organisations and artists.
Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.
A growing export drive by Chinese EV makers aims to soak up overcapacity and secure better profits as incentives fade.
American EV maker says rigorous standards – not geographic origins – guide its vendor choices.
Carmaker says mainland operations can now design and validate new models without approvals from Germany, reducing development time and cost.
Bosideng and other retailers expect winter wear sales to boom for three more months, buoyed by strong demand for high-end products.
Hong Kong benchmark expands membership to 89 after the inclusion of Innovent Biologics.
Huang Shilin retains more than 9 per cent of CATL, whose shares have skyrocketed in Shenzhen and Hong Kong.
Safety is a foundation and a priority, founder and CEO Lei Jun says after Xiaomi’s 500,000th EV rolls off Beijing assembly line.
Xpeng, Cherry and others expand beyond cars, with humanoid robot Iron winning praise from Tesla CEO Elon Musk.
