This photo shows a production launch ceremony of US carmaker Tesla’s gigafactory in Shanghai, Feb 11, 2025. [Photo/Xinhua] Tesla’s energy storage plant in Shanghai’s Lin-gang Special Area commenced operation on Tuesday, as the assembly line started the production of the first Megapack unit. The Megapack, which is an advanced battery system designed for large-scale energy…
Tourists visit an ice and snow park in Harbin, Heilongjiang province, in February.[Photo/Xinhua] HARBIN — In the Baroque Museum in downtown Harbin, host city of the ongoing 9th Asian Winter Games, rows of ice skates lined up against a wall captivate the attention of winter tourists. Liu Chang, collector of the skates, said the “relics”,…
A woman experiences a virtual fitting mirror backed by Alibaba’s AI technologies. [Provided to China Daily] Chinese tech heavyweight Alibaba Group Holding Ltd will partner with US consumer electronics company Apple Inc to roll out artificial intelligence features for iPhone users in China. The move, industry experts said, demonstrates the growing recognition of Alibaba’s capacities…
Employees of Guangdong Xiangguan Optoelectronics work at a research facility in Dongguan, Guangdong province. The company is a major producer of mid- to high-end light-emitting diodes and LED application products. [CHINA DAILY] In the production workshop of Emma CNC Technology Co in Dongguan, Guangdong province, workers are busy debugging intelligent cutting devices and directing them…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] BEIJING – China’s central bank will utilize a variety of monetary policy tools and adjust the intensity and timing of policies as appropriate, based on domestic and international economic and financial conditions, as well as financial market operations,…
This photo taken on Feb 13, 2025 shows a poster for the Chinese animated film Ne Zha 2 at a cinema in Chaoyang district of Beijing, capital of China. [Photo/Xinhua] BEIJING – Fans of record-breaking blockbuster Chinese movie Ne Zha 2 are making significant waves in the derivatives market, clearing out retailer inventories and even creating DIY…
Employees check steel rolls at a steel plant in Tangshan, Hebei province. LIU MANCANG/XINHUA China has urged the United States to rectify its mistakes and rejoin the multilateral trading system, calling for cooperation with other countries to address mutual concerns through fair and equal consultation, said the Ministry of Commerce on Thursday. The ministry’s comments…
[Photo/VCG] While the surge of Chinese domestic artificial intelligence companies has led to upbeat sentiment in the A-share market recently, the inflow of more long-term and patient capital and improving fundamentals will be the major drivers of the market’s bullish performance in a more sustained manner, said experts. Although the benchmark Shanghai Composite Index and…
The DeepSeek logo is seen in this illustration taken Jan 27, 2025. [Photo/Agencies] The meteoric rise of DeepSeek, a Chinese private artificial intelligence startup, sheds light on a new way for Chinese AI chip companies to seek breakthroughs amid Washington’s tougher tech restrictions to challenge the dominance of US semiconductor company Nvidia and reshape the…
Ne Zha 2, China’s box-office sensation, smashed through the key 10 billion yuan ($1.37 billion) mark in ticket receipts on Thursday, including presales and overseas revenue, signaling the vast potential of the domestic cinema industry. Since its debut on Jan 29, the film – a sequel to the 2019 top-grossing movie in China Ne Zha – has…