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China Unicom plans computing power expansion

A China Unicom sign at an expo in Guangzhou in December. [Photo/VCG] Major telecom operator China Unicom has said more than one-third of its planned capital expenditure in 2026 will be allocated to computing power development. The announcement came as the company released its annual results on Thursday, reporting that, for the 12 months ending…

Big cities lead housing recovery

Boards displaying pre-owned home listings stand on display at a real estate agency in Shanghai on Feb 4. CHINA DAILY A pickup in transactions in the pre-owned housing market in China’s top-tier cities signals a clear recovery, with industry experts suggesting the trend could lead to stabilization in the residential property market. A wave of…

QCraft CEO says ‘physical AI’ is key to closing self-driving gap

Yu Qian (right), co-founder and CEO of QCraft, talks with Ferdinand Dudenhoeffer, director of the Center Automotive Research, at an industry forum in Munich, Germany, on March 19, 2026. [Photo provided to chinadaily.com.cn] At a time when artificial intelligence can defeat world champions in board games yet still struggles to match human drivers on open…

Apple announces China skills development donation

Apple has announced it is donating to a program aimed at enhancing employment and skills development for young people in less-developed areas of China. The youth employment and workforce development program, run by the China Development Research Foundation (CDRF), will establish partnerships with vocational schools, industry leaders, researchers and policymakers to equip students with the…

Cloud providers seen pushing up AI service rates

China’s leading cloud providers are raising the prices of AI-related services, joining a global wave of increases as surging demand for artificial intelligence pushes up infrastructure costs and strains supply chains. Alibaba Cloud said on Wednesday that it would increase prices for AI computing and storage products by as much as 34 percent, citing an…

China IP cashing in on silver screen successes

People browse cinema posters in Renhuai, Guizhou province, Feb 20, 2026. [Photo/VCG] While the global IP market entered an explosive phase last year, the public experienced a fundamental shift in consumer perception, especially for China-themed IPs, which is no longer a mere phenomenon among niche communities, but also an increasingly recognized consumer magnet. Paying for…