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AI application among Taiwan enterprises still in early stage: report

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TAIPEI — The application of artificial intelligence (AI) among Taiwan enterprises is still in a “budding stage”, according to a report on the transformation of Taiwan enterprises and their requirements. Released on Monday by PwC Taiwan, the report shows that the region has not yet widely adopted AI application, with only about 8 percent of…

Sheep fighting entices farmers in Shandong, bolstering trade

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An annual sheep fighting competition entices residents in Juancheng county of East China’s Shandong province on Feb 15. [Photo provided to chinadaily.com.cn] As an annual sheep fighting competition kicked off on Feb 15 in Juancheng county of Shandong province, the sounds of drums and gongs resounded as local residents gathered for an unparalleled folk culture…

‘Southern Spice Capital’ in China awaits outside investment

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Arlindo do Rosario, ambassador of Cape Verde to China, delivers a speech on Feb 13 in the Guangxi Zhuang autonomous region, saying he looks forward to deepening cooperation between his country and Yulin in relevant fields. [Photo provided to chinadaily.com.cn] The prefecture-level city of Yulin, situated in the Guangxi Zhuang autonomous region at the junction…

Exploring Spring Festival culture with a trip to China

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Foreign visitors experience a dragon dance performance during a Lantern Festival event in Qingdao, Shandong province, on Feb 11. [ZHANG YING/FOR CHINA DAILY] SHANGHAI — Dazzling fireworks, stunning drone shows, festive lantern displays and parades were among the Chinese New Year celebration activities and features that were appreciated nationwide during the eight-day holiday from Jan…

Guming floats in HK amid fierce beverage turf war

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Consumers wait for beverages at a Good me outlet in Hangzhou, Zhejiang province, on Wednesday. [LONG WEI/FOR CHINA DAILY] Guming Holdings Ltd, a leading mid-priced freshly made tea brand, floated on the Hong Kong bourse last week, becoming the third publicly traded tea beverage company after Nayuki and Sichuan Baicha Baidao. In terms of store…

Tourist trains gaining popularity among seniors

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A group of passengers take photos in front of the Train Y246 at Liupanshui Railway Station in Guizhou province. [Photo provided to China Daily] Chinese consumers have indicated a growing interest in taking dedicated tourist trains, with rising search volumes related to the sector seen, following the country’s plan to retrofit tourist trains to make…

WeChat embracing DeepSeek for tech leap

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The DeepSeek logo is seen in this illustration taken Jan 27, 2025. [Photo/Agencies] WeChat, China’s leading social media platform, is conducting small-scale tests to integrate DeepSeek’s R1 large model, joining a group of Chinese tech and auto giants in embracing DeepSeek for greater artificial intelligence capability. Tencent, WeChat’s owner, confirmed to China Daily on Sunday…

Market rally still has upside potential

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The Chinese mainland stock market rally has room for more growth as artificial intelligence applications are set to boost productivity across various sectors, pointing to an almost 20 percent upside potential over the coming 12 months, prominent investment banks and asset managers said. Nevertheless, they said that policy efforts to further reinvigorate domestic demand and…

Trump’s ‘protectionism will fail’

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US President Donald Trump’s aggressive tariff policy is “bound to fail”, as he overestimates the US market’s significance for China and lacks the leverage he believes Washington has over Beijing, said a senior US economist. Jeffrey Sachs Trump’s tariff weapon will not make the United States great again. Instead, the US “will squander its leadership…

Chinese-led study decodes grassland drought resilience in Eurasia and North America

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A groundbreaking study led by Chinese scientists has uncovered divergent drought survival strategies in Eurasian and North American grasslands, offering critical insights for ecosystem management amid climate change. The research, titled “Contrasting Drought Sensitivity of Eurasian and North American Grasslands”, was published in Nature on Jan 29, 2025. It was conducted by Professor Yu Qiang…