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Largest cargo port in Hainan FTP opens new container route to India

HAIKOU — A new container shipping route linking Hainan’s Yangpu Port with India officially commenced operation on Tuesday, adding a second South Asia service for the deep water facility, local maritime authorities said. Yangpu Port is the largest cargo port in the Hainan Free Trade Port (Hainan FTP). The route connects Yangpu with Haiphong in…

Marine economy index rises 2.2%

China’s marine economy continued to make progress in high-quality development in 2025, with a key development index rising 2.2 percent year-on-year to 128.8, according to the 2026 China Ocean Economic Development Index released on Wednesday by the Ministry of Natural Resources. Compiled by the National Marine Data and Information Service, the index uses 2015 as…

Finance sector keen to boost robotics industry

People get to know intelligent services at the exhibition area of ICBC during the 15th China (Guangzhou) International Finance Expo in Guangdong province on June 3. CHINA DAILY As humanoid robots move rapidly from research labs into real-world applications, China’s banking and insurance sectors are racing to provide the financial fuel behind the industry’s growth,…

Banks launch strong AI talent drive

Visitors interact with a humanoid robot from Bank of Communications during the 2025 World Artificial Intelligence Conference in Shanghai on July 27. HE XIAOXIAO/FOR CHINA DAILY Several Chinese lenders have recently launched special recruitment programs targeting high-level artificial intelligence talent, accelerating their push into the financial AI arena. The trend underscores the banking sector’s growing…

Carrier mulls larger investment in nation on AI data center, green push

Michael Gierges, president of climate solutions for Asia-Pacific, Middle East and Africa at Carrier. [Photo provided to chinadaily.com.cn] China’s push to expand computing infrastructure and advance green urban development will create fresh growth opportunities for Carrier Global Corp to deepen investment in manufacturing, innovation and digital technologies in the country during the 15th Five-Year Plan…

Opening-up seen injecting impetus to Sino-Thai trade

Shoppers check out Thai durians at a grocery market in Nanning, Guangxi Zhuang autonomous region, on May 12. YU XIANGQUAN/FOR CHINA DAILY China’s opening-up efforts are injecting momentum into bilateral trade with Thailand, especially for premium Thai exports such as durian and cosmetics, a leading Thai business representative has said. Confident that China will emerge…

Major tech fair opens in Shanghai

Shanghai in East China is positioning itself as a bridge between Chinese innovation and international markets, as the 12th China (Shanghai) International Technology Fair welcomes hundreds of technology companies and global delegations looking to forge future partnerships. The three-day event, which opened on Thursday at the Shanghai World Expo Exhibition & Convention Center, has brought…

Karcher to tap into China’s innovation

A view of the booth of Karcher Group during an expo in Shanghai. CHINA DAILY German cleaning solutions provider Karcher Group sees consumers and factories in China adopting digital solutions faster than most markets, and the company is learning from the country’s experience to scale its technologies globally, said its chief financial officer for China.…

SOEs return more profits to State

After China’s central government raised the proportion of after-tax profits that State-owned enterprises must remit to the State, a growing number of provinces are following suit, aiming to ease widening fiscal revenue-expenditure gaps and free up more funds for social welfare and livelihood programs. The moves come as local governments face mounting fiscal pressures from…