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Juancheng farmers benefit from cross-village resource sharing

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Feng Yangjin, manager of an ecological park in grain-producing Juancheng county in Shandong province, is ambitious of his business expansion amid a local government initiative promoting cross-village resource sharing. His Fengzhuang Ecological Park, located in Zhengying town, is a beneficiary of the local “cross-village joint construction” mechanism adhering to a principle of “adjacent location, similar…

Shanghai strengthens IP protection for foreign enterprises

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Tourists gather at the downtown area of Shanghai. [WANG GANG/FOR CHINA DAILY] BEIJING – Shanghai, a metropolis hosting over 75,000 foreign enterprises, is committed to providing equal intellectual property (IP) protection for international innovators as part of its efforts to foster a fair business environment, according to the local IP authority on Tuesday. The city…

Chinese companies accelerate expansion in future industries

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The DeepSeek logo is seen on a mobile device on Feb 11, 2025. [Photo/VCG] HANGZHOU – Chinese artificial intelligence (AI) startup DeepSeek launched its Open Source Week initiative and released its first code repository, FlashMLA, on Monday to share their “small but sincere progress with full transparency.” FlashMLA is an optimization tool that makes large…

Shanghai gets major low-altitude biz liftoff

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A helicopter fully loaded with passengers completes its test flight from Shanghai Pudong Software Park to Qidong Linyang Park in neighboring Jiangsu province on Feb 18, 2025. [Photo provided to chinadaily.com.cn] A helicopter fully loaded with passengers recently completed a test flight from Shanghai Pudong Software Park to Qidong Linyang Park in neighboring Jiangsu province,…

A glimpse of Beijing World of Robots

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A robot from Galbot operates in an unattended scenario at the Beijing World of Robots in Beijing, Feb 24, 2025. [Photo/Xinhua] The Beijing World of Robots is located in the robotics industrial park in Beijing’s Yizhuang and serves as a comprehensive robot exhibition center, showcasing the latest achievements in robotics industry.  Tanks to chinadaily.com.cn Please…

SOEs actively deploying DeepSeek AI models

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The DeepSeek logo is seen on a mobile device on Feb 11, 2025. [Photo/VCG] In a move toward large-scale implementation of artificial intelligence technologies, several State-owned enterprises have recently announced an accelerated integration with DeepSeek, China’s homegrown AI reasoning model that has taken the world by storm recently. To date, major energy giants, such as…

Shanghai Electric Wind Power expands its presence in overseas markets

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Shanghai Electric Wind Power Group Co Ltd, the wind power arm of Shanghai Electric Group Co Ltd, bagged overseas orders of wind turbine equipment with a combined capacity of 1 GW last year, thanks to its enhanced capability under the going global strategy. “Facing the fierce competition, going global with capability enhancement becomes effective solution…

AI to remain one of Shanghai’s leading industries

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The 2025 Global Developer Conference is an AI event for developers to communicate, collaborate and innovate. [Photo by Gao Erqiang/chinadaily.com.cn] Artificial intelligence will continue to be one of Shanghai’s leading industries, and its market scale already exceeded 450 billion yuan ($62 billion) in 2024, according to officials. “In the past few years, Shanghai has been…

China should further ease market entry to boost consumption, economist says

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Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to chinadaily.com.cn] China can further ease the market entry to services consumption sectors while relaxing relevant price restrictions as part of efforts to create a new policy paradigm that prioritizes boosting consumption, which in turn drives investment, said a senior…

China sees robust growth in loans to small, micro firms

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Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] BEIJING — Official data showed that China saw robust growth in the outstanding sum of loans to small and micro companies by the end of 2024 amid government efforts to encourage inclusive financing. By the end of the fourth quarter (Q4) of…