The skyline of Beijing. [Photo/VCG] The Chinese economy is expected to rebound continuously in 2025 despite new variables, an economist said as reported by Chinese financial news outlet Yicai on Sunday. The unprecedented popularity of the domestic cultural and travel consumption market during the Spring Festival holiday and the emergence of DeepSeek AI model have…
Beijing’s repeated pledges to increase imports contrast sharply with the reality that began in Xi Jinping’s second term in 2018, after his re-election at the 13th National People’s Congress and the removal of presidential term limits. In 2020, Chinese scholars, cloaked in academic jargon, formalized Xi’s ‘dual circulation’ strategy. However, this strategy, which had effectively…
A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] A new port service-focused intelligent model, known as the Ark TaaS (Trade as a Service) model, recently began a public beta phase in Qingdao, Shandong province. The model is a collaborative project between Qingdao Port of Shandong Port Group and Shandong Port Science…
US President Donald Trump [Photo/Agencies] United States President Donald Trump said on Sunday that he will announce 25 percent tariffs on all steel and aluminum imports starting on Monday, a move which analysts warn could make it harder for the White House to tame inflation. The ongoing trade war initiated by the US shows no…
An AI vehicle charging robot attracts visitors at the 2024 World Intelligence Expo in Tianjin. TONG YU/CHINA NEWS SERVICE China registered 451,700 companies in the intelligent robotics sector as of the end of December 2024, with a total registered capital of 6.44 trillion yuan ($884.27 billion), according to the Science and Technology Daily quoting data…
A moviegoer checks out a poster for Ne Zha 2 at a cinema in Beijing. DU LIANYI/CHINA DAILY BEIJING — Chinese animated blockbuster “Ne Zha 2” has shattered multiple box office records, becoming the first film to cross $1 billion in a single market and the first non-Hollywood title to join the coveted billion-dollar club.…
A technician inspects a turbine at a wind farm in Hinggan League, Inner Mongolia autonomous region, in May 2023. [WANG ZHENG/FOR CHINA DAILY] BEIJING — China’s new energy storage sector saw rapid growth in 2024, with installed capacity surpassing 70 million kilowatts, said an official with the National Energy Administration. Bian Guangqi, deputy director-general of…
BEIJING – Foreign visitors in China experienced a smoother, more convenient travel environment during this year’s Spring Festival, thanks to improvements to the country’s mobile payment systems. The latest data from the People’s Bank of China shows that the volume of transactions made by international tourists during the Chinese New Year holiday, which ran from…
BEIJING – The third China International Supply Chain Expo will be held in Beijing from July 16 to 20 this year, the China Council for the Promotion of International Trade (CCPIT) said on Thursday. With a total exhibition area of 120,000 square meters, the expo features six major exhibition areas — namely advanced manufacturing, clean…
Workers unload cargo at Nantong Xingdong International Airport in Jiangsu province in January. XU CONGJUN/FOR CHINA DAILY BEIJING — When Wang Lijun returned to his hometown in Hebei province for Spring Festival this year, he didn’t carry the usual load of holiday goods, as his New Year purchases — juicy navel oranges from Jiangxi province and…