Shanghai-based artificial intelligence startup StepFun and Chinese carmaker Geely Auto Group jointly announced on Tuesday the open-sourcing of two multimodal large models to global developers. The initiative comes amid the recent array of open-source models led by DeepSeek-R1 developed by Chinese startup DeepSeek. The action hopes to contribute to Chinese companies’ efforts to offer the…
China National Petroleum Corporation (CNPC) announced on Tuesday that its Daji gas field, China’s first successfully developed deep coal-measure gas field, has achieved cumulative production of over 3 billion cubic meters. As one of the country’s first national coalbed methane demonstration projects, the field is located on the eastern edge of the Ordos Basin, and…
Decorations for the “Ne Zha 2” premiere in Hong Kong on Feb 18, 2025. [Photo/VCG] HONG KONG — The much-awaited Chinese mainland’s animated blockbuster “Ne Zha 2” premiered on Tuesday night in Hong Kong and was scheduled to officially hit Hong Kong theaters on Saturday. A sequel to the 2019 hit “Ne Zha 1,” “Ne…
Chinese private companies are emerging as the dominant force in the country’s booming solar energy industry, driving innovation, manufacturing and market expansion, said Zhu Gongshan, chairman of GCL (Group) Holdings Co Ltd, China’s largest private power conglomerate. “From upstream silicon production to downstream photovoltaic power station construction, China’s solar power sector, where the vast majority…
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An employee oversees a photovoltaic production line in Lianyungang, Jiangsu province. SI WEI/FOR CHINA DAILY China’s private solar power companies are leading innovative growth in the renewable energy sector, driven by the vast market potential and rapid technological advancements, said Yang Aiqing, executive president of JA Solar Technology Co Ltd. Technological development, along with China’s…
An employee comes out of the Baidu headquarters in Beijing. [Photo by Fan Jiashan/For China Daily] Tech giant Baidu Inc reported on Tuesday that its total revenue reached 133.1 billion yuan ($18.24 billion) in 2024, with profits from its core businesses rising to 23.4 billion yuan, marking a 21 percent year-on-year increase. Robin Li, co-founder…
SHENZHEN — Chinese all-in-one social media app Weixin, operated by tech powerhouse Tencent, has officially begun a gray-box test to integrate the DeepSeek-R1 model into its search function, the company announced on Feb 16. Tencent stated that users selected for the test can access the DeepSeek-R1 model for free through the Weixin AI search function.…
Chinese private companies are advancing rapidly amid challenges, with technology not only flourishing in high-end manufacturing and artificial intelligence, but also pioneering innovative growth in traditional sectors, such as agriculture, said Liu Yonghao, founder of New Hope Group. NHG is an agricultural company that participated in a symposium on Monday by China’s top leadership on…
LHASA — Foreign trade in Southwest China’s Xizang autonomous region climbed to 12.67 billion yuan ($1.77 billion) in 2024, marking a 15.4 percent increase from the previous year, Lhasa Customs officials said Monday. Exports rose 15.3 percent year-on-year to 11.32 billion yuan, while imports increased 16.9 percent to 1.35 billion yuan, according to the data.…