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Kuaishou goes full throttle on AI video tool

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A view of the booth of Kuaishou Technology during an expo in Shanghai. [LONG WEI/FOR CHINA DAILY] Chinese video-sharing platform Kuaishou Technology is doubling down on artificial intelligence-powered video generation models and plans to provide more data traffic support for premium content creators. This is part of the company’s efforts to accelerate its monetization push…

China’s largest oil field achieves historic milestone

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Changqing oilfield, China’s largest oil-and-gas field, achieved a historic milestone recently by producing a cumulative total of 1 billion metric tons of oil and gas equivalent, according to PetroChina Changqing Oilfield Company. Last year, it became the first oilfield in China to pass the 60-million-ton mark in annual oil and gas output, a landmark in…

‘Capital of plastic shoes’ embraces innovation, deepens R&D

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A worker operates a shoemaking production line in Wuchuan, Guangdong province.[Photo/China Daily] Plastic shoe manufacturers in Wuchuan, Guangdong province, are wasting no time in carrying out technological innovation and expanding investment in research and development while gearing up to expand production. The move aims to meet the growing demand in both domestic and overseas markets…

China and Africa are re-imagining global trade

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Key industries, including agriculture, infrastructure, mining, technology and automotive, are being re-imagined as Africa and China collaborate in a rapidly changing global economy. In a world that is seeing a significant shift in influence as new economic powerhouses emerge, this ushers in an exciting new era of opportunities. The table provides a summary of key…

Bright spots stand out in film market slump

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“A Place Called Silence” is released on July 3, 2024. [Photo provided to chinadaily.com.cn] China’s summer film box office from June 1 to Aug 31 grossed 11.64 billion yuan ($1.63 billion) from 285 million admissions as audiences, particularly younger viewers, patronized a range of genres against the backdrop of a market slump. According to statistics…

State Grid Zhejiang Electric Power leverages advanced technologies

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Staff of State Grid Zhejiang Electric Power conduct an energy efficiency diagnosis for a local enterprise. [Photo provided to chinadaily.com.cn] State Grid Zhejiang Electric Power Co Ltd is increasing efforts to leverage advanced technologies for grid maintenance to boost power supply efficiency as part of the country’s efforts to enhance the grid’s capacity to integrate…

Diving gold sparks Wuchuan’s global drive

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Chinese divers Quan Hongchan (left) and Chen Yuxi celebrate after winning the women’s synchronized 10m platform diving gold medal at the Paris Olympics on July 31.[Photo/Xinhua] In defending her women’s 10-meter platform diving title at the just concluded 2024 Paris Olympics, China’s Quan Hongchan, 17, not only hit the headlines again, but also popularized plastic…

China’s pet economy sparks billion-dollar market

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Maine Coon cats on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG] The 26th Pet Fair Asia kicked off in Shanghai on Wednesday, and the fair lasts until Aug 25. China’s “pet economy” has shown huge potential for development, with the rapid growth of related industries and a trend…

Autonomous region an important link in nation’s power transmission

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A view of a wind farm near Urumqi, Xinjiang Uygur autonomous region. [SONG YU/FOR CHINA DAILY] The sixth International Conference on HVDC (high-voltage direct current), held in Urumqi, Xinjiang Uygur autonomous region from Aug 8-10, outlined a new blueprint for China-Central Asia energy development. It also helped the two sides strengthen cooperation in continuous HVDC…