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Xiong’an lifestyle draws top young talent

In an era when soaring housing prices and intense competition are driving young professionals away from major cities, China’s Xiong’an New Area is emerging as a magnet for highly educated talent. With generous living subsidies, affordable housing and a carefully planned urban environment, the city is luring a growing number of young entrepreneurs, researchers and…

Qinghai home to world largest single-unit CSP facility

China’s 350-megawatt concentrated solar power demonstration project is set to deliver a replicable, large-scale model for the nation’s CSP commercialization, backed by world-leading thermal storage, proprietary technology and full industrial chain independence, said industry experts and company executives. China General Nuclear Power Corp came up with the world’s largest single-unit CSP facility by thermal storage…

Experience economy represents shift to emotional value

A visitor tries an XR-powered tour at the Temple of Heaven in Beijing. CHINA DAILY A navy-style hat, a beige coat and a pair of wideleg jeans might look like the makings of a casual weekend outfit. On Li Han’s desk, however, the ensemble was being carefully styled on a palm-sized doll. Li, a 24-year-old…

Spending rises during China’s Dragon Boat Festival holiday

China’s cultural and tourism market sustained growth momentum during last week’s Dragon Boat Festival holiday. Domestic trips reached 124 million, up 4.4 percent year-on-year, with total spending of 44.46 billion yuan ($6.55 billion), a four-percent increase. The steady rise across key indicators reflects the holiday economy’s continued resilience. Thanks to Chinadaily.com.cn Please visit: Our Sponsor

VW exports China-built vehicles to Uzbekistan

The first Volkswagen showroom in Uzbekistan opens in the capital city of Tashkent on June 17, 2026. [Photo provided to chinadaily.com.cn] Volkswagen’s namesake brand as well as Jetta have entered the Uzbekistan market with a lineup of vehicles produced in China, underscoring the growing role of the company’s China operations as a global export hub.…

Cambodia waives visa for Chinese travelers

Cambodia began a four-month visa-free trial for Chinese visitors on Monday, becoming the latest Southeast Asian country to ease visa policies as countries across the region compete for a larger share of China’s rebounding outbound travel market. The move reflects a broader race among Asian destinations to attract Chinese travelers, but analysts say visa-free access…

Zhipu AI first Chinese LLM firm to briefly hit HK$1 trillion valuation

Chinese artificial intelligence developer Zhipu AI crossed the HK$1 trillion ($127 billion) market valuation mark on Monday, becoming China’s first large language model company to reach a HK$1 trillion valuation at one point. The momentum also underscores growing investor confidence in China’s homegrown large language model developers. Zhipu AI’s shares jumped more than 42 percent during trading on Monday,…

Widespread transport network expands Dalian’s reach to the world

A maiden voyage ceremony for the Dalian-Middle East container route was held on May 26, filling the gap of direct shipping services. The route also creates an efficient maritime corridor for exporting Northeast China’s products, including grain, chemical products, electromechanical equipment and auto parts. A fleet of eight vessels each with a capacity of 20,000…