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China will invest $820 million in cutting-edge battery tech, sources say. China is planning to invest around 6 billion yuan ($820 million), the most significant amount of its kind, to encourage the research and development of all-solid-state batteries, a cutting-edge battery technology at the heart of the next generation of electric vehicles, industrial sources told China Daily. Battery makers such as Contemporary Amperex Technology Co Ltd and Beijing Welion New Energy Technology, as well as automakers including BYD, FAW Group, SAIC Motor, and Zhejiang Geely Holding Group, will be supported to focus on the R&D of seven projects related to the disruptive tech, the sources said on condition of anonymity. It is expected to further drive a trillion yuan-level market and better contribute to a global green transformation and sustainable economic growth. But the final number of projects might come down to seven, another separate source said to China Daily, adding that CATL, the world...

China's second domestically-built large cruise ship to be delivered by 2026 China's second domestically made, large cruise ship is scheduled to begin construction in April 2024 and be delivered by the end of 2026, according to Shanghai Waigaoqiao Shipbuilding Co., LTD on Wednesday. The second ship is expected to float out in May 2025, undock in March 2025, and start a trial run in 2026. It will have two desulfurization towers and selective catalytic reduction (SCR) systems. According to an insider, it is not a duplication of the Adora Magic City but an upgraded version that is 17.4 meters longer, 0.67 million tons heavier and has 19 more rooms. According to the vessel manufacturer, the company will continuously enhance the second cruise ship's design, craftsmanship, construction, and facilities to achieve higher quality and greater efficiency. Long March 12 to debut this year According to a designer, China has developed a new type of carrier rocket that is expected to make ...

  Nation's Shipbuilders Chart Exciting Waters Lin Guolong, director of Shanghai Maritime University's Logistics Research Center, said cruise ships usually undergo two sea trials before receiving certificates from major international classification bodies. Zhang Yuzhuo, chairman of the State-owned Assets Supervision and Administration Commission of the State Council, said the delivery of Adora Magic City marks a milestone in the nation's transformation to a shipbuilding power and a fresh start for China's goal of creating an industrial cruise ecosystem. Wang Hong, president and professor of management at the China Europe International Business School, said, "The inaugural voyage of the China-built vessel represents not only a great breakthrough for the nation's high-end manufacturing techniques but also for Chinese people's pursuit of and demand for a better life. "The entire management operation for Adora Magic City incorporates everything people need ...