Skip to content

admin

China confident of achieving full-year development targets: official

BEIJING — With ample policy reserves and sufficient policy room, China is fully confident in achieving this year’s economic and social development goals and tasks, Zhao Chenxin, deputy head of the National Development and Reform Commission, told a press conference on Monday. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Firms switching gear to AI for faster development

Visitors check out medical services supported by AI during an expo in Shanghai.[Photo/China Daily] Chinese companies will accelerate the adoption and popularization of artificial intelligence technology to boost operational efficiency and reinvent their businesses, as a new era of digitization is unfolding — one in which AI continuously drives new levels of autonomy across organizations…

China’s efforts to bolster circular economy bearing fruit nationwide

NANJING — At a resource recycling center, batches of discarded cables are sorted, dismantled, cleaned and processed, transforming waste into valuable raw materials like copper and aluminum for reuse. This center belongs to State Grid Xuzhou Power Supply Co in Xuzhou, a major energy hub for one of China’s economic powerhouses — Jiangsu province. “Extracting…

Tax refund policy refined to spur inbound spending

China has introduced a new policy that enables foreign visitors to claim departure tax refunds for purchases as low as 200 yuan ($27) per day at the same store, significantly reducing the previous threshold of 500 yuan. This is part of the country’s latest move to optimize the departure tax refund policy for foreign visitors.…

5G development across China is very impressive, GSMA head says

“The development of 5G and the beginning of the rollout of 5G-Advanced across China is very impressive,” Vivek Badrinath, director-general of GSMA, said in an interview with the China Daily website. The mobile economy has already contributed $1.2 trillion to China’s GDP and is projected to grow to $2 trillion in economic size in the…

Former Japanese PM wowed by China’s tech development, calling for Sino-Japan collaboration

Japan and China can leverage their respective strengths in a macro-micro partnership, particularly in the realms of artificial intelligence and robotics, to achieve mutual benefits and success, former Japanese prime minister Yukio Hatoyama said on Friday in Shanghai. Japan’s expertise in details and basic materials, combined with China’s strong organizational capabilities and impressive industrial achievements…

Crucial role for VPPs in securing power supply

An employee monitors the operation of a virtual power plant in Wuhu, Anhui province. [XIAO BENXIANG/FOR CHINA DAILY] Virtual power plants (VPPs) are becoming critical tools to secure electricity supply and enhance the utilization of renewable energy resources, at a time when global power demand is growing, a consensus view shared recently showed. With shared…

Multiple moves on table to spur consumption

A drone photo taken on April 6, 2025 shows tourists interacting with black-tailed gulls on the coastal of a wildlife park near Xixiakou village, Rongcheng city, East China’s Shandong province. [Photo/Xinhua] China is likely to announce additional stimulus policies, including extra fiscal support, targeted monetary easing and stronger consumption-boosting initiatives, to put its economic growth…

Linyi product exhibition in Malaysia a success

The 2025 Malaysia China Linyi Product Exhibition, held from April 25 to 26 in Kuala Lumpur, the capital of Malaysia, saw fruitful results, attracting over 500 buyers from Malaysia and generating more than $80 million in on-site transactions. Exhibitors and buyers spoke highly of the event, calling it a key platform for future business growth…

Vivo unveils latest phones aimed at photo lovers

[Photo provided to chinadaily.com.cn] Chinese smartphone vendor Vivo announced the official launch of its latest flagship smartphones, the X200 Ultra and X200s series, setting a new benchmark for high-end mobile experiences after the company secured its position as the largest smartphone vendor by shipments in China last year. The move also came after Vivo’s X200…