Skip to content

admin

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…

New quality productive forces gaining steam

Technicians test an intelligent robot at a high-tech park in Fuzhou, Fujian province. XIE GUUIMING/FOR CHINA DAILY China’s drive to cultivate “new quality productive forces” is gaining momentum, with this year’s Government Work Report highlighting the creation of new forms of smart economy, the deepening of “Artificial Intelligence Plus” initiatives and the development of data…

Strategy for outdated PV panels refined

Technicians check solar panels in Julu county, Hebei province. YANG SHIYAO/XINHUA China has unveiled a comprehensive strategic roadmap to tackle the looming “retirement wave” of solar panels, aiming to transform waste management into a high-tech circular economy. Six government departments, led by the Ministry of Industry and Information Technology, recently issued the guiding opinions on…

Proactive fiscal policy seen in 2026

A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] China will continue to adopt a proactive fiscal policy this year, employing tools such as increased expenditure, a wider deficit and government bond issuance, to stimulate domestic demand and ensure stable economic growth amid rising external uncertainties, officials and economists…

Monetary policy on easing track amid oil price shock

Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China’s monetary policy is set to remain on an easing path to support growth and domestic demand as the United States Federal Reserve held rates steady amid rising oil prices driven by geopolitical uncertainties in the Middle East,…

Wind power execs call for an end to ‘malicious’ price competition

Top executives from China’s wind power industry have issued a joint call to curb “malicious” price competition, warning that below-cost bidding threatens the safety and sustainable development of the world’s largest renewable energy market. In a signed article published on Thursday, leaders, including Qin Haiyan, secretary-general of the Chinese Wind Energy Association and the chairmen…

Xinjiang moves to optimize international business environment

Northwest China’s Xinjiang Uygur autonomous region will launch a series of measures this year to optimize its international business environment, focusing on enhancing trade and customs clearance efficiency and investment services. Emphasis will be placed on strengthening legal and policy support to facilitate economic and trade cooperation between Xinjiang and countries involved in the Belt…