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China’s smart energy push to enhance global ties

Guests visit an exhibition during the 2026 China Smart Energy Conference in Chengdu, Southwest China’s Sichuan province, July 9, 2026. [Photo/Xinhua] CHENGDU — As artificial intelligence and other digital technologies usher the global energy sector into a new era, China’s rapid advances in smart energy are creating new opportunities for international cooperation. These prospects took…

Accor to double China hotel portfolio

View of the Fairmont Peace Hotel in Shanghai. WANG GANG/FOR CHINA DAILY China is on track to overtake the United States and become the world’s largest hospitality and tourism market within seven to 10 years, said Accor Chairman and CEO Sebastien Bazin at a recent news conference held at the Fairmont Peace Hotel in Shanghai.…

China records 4.7% GDP growth in H1 2026

A view of the Shanghai’s Lujiazui financial center from the Bund. [Photo by Wang Gang/For chinadaily.com.cn] China’s gross domestic product expanded by 4.7 percent to reach 69.57 trillion yuan in the first half of 2026, the National Bureau of Statistics said on Wednesday. China’s value-added industrial output, an important economic indicator, rose 5.4 percent year-on-year…

German watchmaker eyes growth potential in China

Upbeat about the Chinese market, German watchmaking company Nomos Glashutte has a long-term investment plan for the country, said its chief executive. On June 26, the company opened a lounge in Shanghai, its first outlet in China and Nomos Glashutte’s second dedicated lounge outside Germany, after New York. Uwe Ahrendt, CEO of Nomos Glashutte, said:…

Hainan eyes gasoline-free vehicles by ’30

New energy vehicles seen in Haikou, Hainan province. XINHUA Hainan province has set a 2030 deadline for banning the sale of new gasoline-powered vehicles, making it China’s first provincial-level region to adopt such a policy. The mandate is part of a plan by the province for the national ecological civilization pilot zone, which aims for…

Trade growth buoys intl outlook

A cargo ship docks at a port in Lianyungang, East China’s Jiangsu province, on Tuesday. WANG CHUN / FOR CHINA DAILY China’s foreign trade is expected to maintain steady growth momentum in the second half of 2026, supported by a strong innovation drive and resilient market players, further reinforcing the country’s role as a source of…

China automakers issue clarification on NEV service life

The China Association of Automobile Manufacturers, or CAAM, issued a statement on Tuesday after some media misread figures from its 2025 China Automotive Aftermarket Annual Development Report. The report showed that conventional passenger vehicles in operation had an average age of about 8.2 years by the end of 2025, while the average age of New…

Chinese AI models gain global users

China is stepping up its push for a more open, inclusive and collaborative approach toward artificial intelligence, as the country’s open-source AI ecosystem gains growing recognition among overseas users with its wider and fairer access to high-performance AI technologies at lower costs, said senior officials and industry experts. “China is ready to work with all…