Hyundai Engineering & Construction, Hyundai Engineering Co., and Saudi Aramco signed a US$2.4 billion contract on Oct. 30, 2023 to build a gas processing plant in the Jafurah gas field. This news was released by the Presidential Office of Korea. The contract was signed during a ceremony marking 50 y
By He Yin, People's DailyChinese President Xi Jinping announced eight major steps China will take to support high-quality Belt and Road cooperation at the opening ceremony of the third Belt and Road Forum for International Cooperation (BRF), injecting confidence and impetus into jointly creating a p
By Yang JunfengA digital twin is a digital representation of a physical object or process. It builds a bond between the real and virtual worlds.In today's China, the digital twin technology is empowering various booming industries, such as digital transportation, smart city and environmental protect
By Wang Zheng, Liu Wenxin, People's DailyIn the first three quarters, the total value added of industrial enterprises above the designated size grew by 4 percent year on year, 0.2 percentage points higher than that of the first half year.China's industrial production has achieved stable growth, with
Global modernization should be pursued to enhance peaceful development and mutually beneficial cooperation and bring prosperity to all, said Chinese President Xi Jinping when addressing the opening ceremony of the third Belt and Road Forum for International Cooperation (BRF).This grand vision is con
By He Yin, People's Daily"Belt and Road cooperation is based on the principle of 'planning together, building together, and benefiting together.' It transcends differences between civilizations, cultures, social systems, and stages of development. It has opened up a new path for exchanges among coun
Aactors and K-pop stars in Korea have gained unprecedented popularity in the world in recent years due to their outstanding talent and performances on screen and stage.At the same time, Korean pop culture fans have also been inspired by such celebrities' appearances, especially their makeup styles,
LG Display reported sixth consecutive quarterly losses on October 25 on sluggish demand resulting from a global economic slowdown, but the deficit decreased from the previous year and quarter.South Korea's major panel maker said in a regulatory filing that its operating loss reached 775.4 billion wo
President Yoon Suk-yeol on October 24 introduced his country's appeal as an investment and business partner for the Middle East.In a speech he made during the Future Investment Initiative forum in Riyadh, named "Davos in the Desert," President Yoon said that Korea can be trusted, has cutting-edge in
By Liu YaoThrough in-depth space cooperation, China and many countries in the world have jointly built a broad and magnificent "space silk road," contributing to the development and utilization of space resources and the progress of human civilization.The constellation of the Beidou Navigation Satel
By Zhang Mengxu, Guan Kejiang, People's DailyThe third Belt and Road Forum for International Cooperation (BRF) was held successfully on Oct. 17 and 18 in Beijing. It was attended by over 10,000 registered representatives from 151 countries and 41 international organizations, which showcased the trem
By Vice Chairman Choi Nam-suk, Feature Editor Joseph RheeDirector Ms. Anna Łagodzińska of the Polish Investment & Trade said, “We are honored to invite you to an event for Korean companies interested in investing in the Central and Eastern Europe (CEE) region, especially Poland.”Speaking at a semina
Hyundai Engineering & Construction, Hyundai Engineering Co. and Saudi Arabia's state-run oil giant, Saudi Aramco, signed a US$2.4 billion deal Monday to construct a gas processing plant in the Jafurah gas field, South Korea's presidential office said.The contract was signed during a ceremony marking
By Qiu HaifengIn many regions across China, food is characterized by spicy flavor. According to statistics released by a recent conference on China's chili pepper industry development, China is the world's largest producer and consumer of chili peppers, and grows this plant in 28 provinces, autonomo
By Liao RuilingThe sixth China International Import Expo (CIIE) is scheduled to be held at the National Exhibition and Convention Center (Shanghai) from Nov. 5 to 10.As the world's first import-themed national-level expo, the CIIE has become a showcase of China's new development paradigm, a platform
By Zheng Shaozhong, Zhou Huan, People's DailyThe 2023 World Conference on VR (virtual reality) Industry opened in Nanchang, east China's Jiangxi province on Oct. 19.Since its first edition in 2018, the VR industry conference has been held annually in Nanchang. During the past five editions of the co
Hyundai Motor Co., South Korea's biggest carmaker, said Monday it has signed a joint venture deal with Saudi Arabia's Public Investment Fund (PIF) to build a car assembly plant in the Middle Eastern country.Under the deal signed Sunday in Riyadh, the two sides will jointly invest over US$500 million
South Korea's major mobile carrier KT Corp. said Sunday it will join hands with Thailand's communication technology company Jasmine Group to create a large language model (LLM) service based on the Thai language.Heads of the two companies held a meeting at KT's headquarters in central Seoul on Thurs
By Publisher-Chairman Lee Kyung-sik, Vice Chairperson Joy Cho, Business Editor Joseph RheeCEO and Chairman Sebastiao Gaspar Martins of Sonangol Eng. said, “Today, given our consolidated stage, we are moving steadily from the traditional National Oil Company to an Integrate Energy Company, bringing i
By He Yin, People's DailyTo pursue open, green and clean cooperation is the vital code to the fruitful achievements of the Belt and Road Initiative (BRI), and is absolutely necessary for achieving high-quality Belt and Road cooperation.As Chinese President Xi Jinping said in his keynote speech at th