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Shanghai businesses embrace AI solutions

People interact with a robot dog at the 2025 Global Developer Conference held in Shanghai, East China, Feb 21, 2025. [Photo/Xinhua] Technological innovation has become a growing focus among Chinese exporters and international buyers in sectors such as textile and clothing industries, as reflected by the East China Fair, which took place from Saturday to…

Tech advancement can transform industries, foster new sectors, Xiaomi’s Lei Jun says

Technological advancement plays a critical role in transforming traditional industries and fostering emerging sectors, and Xiaomi Corp will continue to innovate so as to contribute to China’s path to modernization, said Lei Jun, deputy to the 14th National People’s Congress, China’s top legislature. Lei, CEO and chairman of Xiaomi Corp, said at the sidelines of…

China sets 2025 growth target of around 5%

The opening meeting of the third session of the 14th National People’s Congress (NPC) is held at the Great Hall of the People in Beijing, capital of China, March 5, 2025. [Photo/Xinhua] China has set a growth target of “around 5 percent” for 2025, the same as last year’s figure, as the world’s second-largest economy…

FAW, Leapmotor join hands in NEV development

Senior executives from FAW Group and Leapmotor pose after the two companies signed a memo for cooperation on March 3, 2025, in Changchun, Jilin province. [Photo provided to chinadaily.com.cn] China FAW Group and Leapmotor signed a memo for strategic cooperation on Monday, aiming to strengthen collaboration in the burgeoning and competitive new energy vehicle sector.…

LLM price war may lead to ‘catfish effect’

A government employee works with an online services platform supported by DeepSeek in Beijing on Feb 26. TAO RAN/FOR CHINA DAILY As large language model prices continue to decline, evolving market dynamics and intensified price competition will determine which players thrive in the coming years, said industry experts. “Low pricing doesn’t mean losses. When it comes…

EU tourism tops 3 billion nights in 2024 after strong Q4

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China leads global progress in humanoid robot development

Qiao Hong, a member of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), attends a group interview ahead of the opening meeting of the third session of the 14th CPPCC National Committee at the Great Hall of the People in Beijing, capital of China, March 4, 2025. [Photo by Wang Jing/chinadaily.com.cn]…

GELA spotlights young pioneers for their contributions to global sustainable development

The 2025 Global Sustainability Youth Leaders “30 Under 30 & 25 Under 25” Selection has started, targeting candidates that demonstrate leadership, innovation and long-term impact in various subfields of sustainable development. [Photo provided to chinadaily.com.cn] The Global ESG Leadership Association (GELA) , dedicated to building a diverse ecosystem in sustainability and mobilizing global youth to…

China to impose additional tariff on some US products

China will impose tariffs ranging from 10 percent to 15 percent on imports from the United States, the Customs Tariff Commission of the State Council announced on Tuesday. This decision follows the US government’s announcement on Monday of an additional 10 percent tariff on all Chinese exports to the US, citing fentanyl-related concerns. The US…