Shanghai Baolong Automotive Corporation, a leading auto parts supplier, has highlighted cutting-edge technology as a crucial factor in maintaining resilience and competitiveness amid global market uncertainties.
The company focuses on research, development, production, and sales of auto parts, operating 19 factories and 11 research centers across seven countries as of 2024.
To cater to the premium U.S. market, it established factories in Europe years ago, bypassing high tariffs and strengthening its competitive edge.
"I believe that Chinese companies can find ample opportunities by concentrating on specific areas and striving to become global leaders in their respective niche markets," said Zhang Zuqiu, chairman and president of Shanghai Baolong Automotive Corporation.
The company produces more than 260 million tire valves annually, dominating this niche market globally. In addition, its tire pressure monitoring systems are now among the world's top three.
"Although this seems like a niche product, it involves a high technical barrier, with over 100 patents granted worldwide. In the field of auto-location technology, we possess a cluster of patents," said Shi Weihua, head of research and development for the tire pressure monitoring system.
Chinese auto parts maker highlights technological edge as key to global competitiveness
Chinese auto parts maker highlights technological edge as key to global competitiveness
Chinese auto parts maker highlights technological edge as key to global competitiveness
People across the world rang in 2026 with fireworks, drone shows and musical performances, as millions gathered in city squares, harbors and stadiums to mark the arrival of the new year.
In Brazil, Sao Paulo hosted the 100th edition of its traditional New Year's Eve road race on Wednesday, drawing about 55,000 runners from 48 countries and regions.
Organizers said ten percent of participants were over 60, with the oldest aged 95, marking records in both participants and age range.
"I think this race is about celebrating life and health. I hope to bring a good start for 2026 in this way," said Fabio, one of the runners.
In South Africa, tens of thousands of residents and tourists packed the Victoria and Alfred Waterfront in Cape Town for the New Year countdown. Several live performances were staged to ring in the new year.
As midnight struck, fireworks lit up the harbor skies while crowds cheered and sang in unison, welcoming the arrival of 2026.
Ras Al Khaimah, one of the seven emirates of the United Arab Emirates (UAE), celebrated the arrival of 2026 with a grand drone show.
A thousand drones formed a blazing phoenix with outstretched wings, while another striking formation depicted a human figure rising from the sea, arms open to welcome the world. As the final seconds ticked away, dazzling fireworks lit up the sky.
In Southeast Asia, Thailand welcomed the new year with a dazzling 20-minute fireworks and drone show over the Chao Phraya River in Bangkok, where locals and visitors gathered to celebrate together.
Countries around world welcome 2026 with fireworks, shows
