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China set to leverage capital markets to fuel tech ambitions

BEIJING – China is poised to leverage its capital markets to bankroll a new generation of hard-tech startups, rolling out long-term funding, national merger vehicles and an overhaul of its Nasdaq-style board. The moves, anchored in its 15th Five-Year Plan outline released this month, aim to harness financial instruments to bolster its technology sector over…

China, US agree to establish cooperation mechanism following Paris talks

China and the United States have agreed to study the establishment of a cooperation mechanism to promote bilateral trade and investment, and to continue leveraging existing consultation frameworks, according to the Ministry of Commerce. The ministry’s announcement came after Chinese and US delegations held candid, in-depth, and constructive exchanges in Paris from March 15 to…

Wuqing district sees flurry of projects

Engineers conduct a thermal inspection of server facilities at an industrial park in the Beijing-Tianjin Industrial New City in Wuqing district, on Feb 26, 2026. [Photo/Xinhua] More than 160 projects in fields including biomedicine, smart technology and automotives have landed in Beijing-Tianjin Industrial New City located in Wuqing district, Tianjin, this year. The total investment…

Geely aims for Tesla-level smart driving by year-end

This photo taken on Feb 13, 2025 shows a model of Geely EX5 in the booth of Geely, a Chinese auto brand, during the 2025 Indonesia International Motor Show (IIMS) in Jakarta, Indonesia. [Photo/Xinhua] Geely is expected to deliver smart driving capabilities comparable to Tesla’s Full Self-Driving (FSD) system by the end of this year,…

Hainan’s duty-free sales soar on tourism boom

Shoppers check out cosmetics at a duty-free store in Haikou, Hainan province, on Feb 17. SU BIKUN/FOR CHINA DAILY Hainan Free Trade Port’s duty-free sales soared in the first two months, driven by a bustling tourism season and recent policy expansions that underscore its accelerating evolution into a global tourism and consumption hub, experts said.…

Hainan’s duty-free sales soar on tourism boom

Shoppers check out cosmetics at a duty-free store in Haikou, Hainan province, on Feb 17. SU BIKUN/FOR CHINA DAILY Hainan Free Trade Port’s duty-free sales soared in the first two months, driven by a bustling tourism season and recent policy expansions that underscore its accelerating evolution into a global tourism and consumption hub, experts said.…

Why intl companies choose Shanghai?

Shanghai certified 30 regional headquarters of multinational corporations and 15 foreign-funded R&D centers on March 18. Representatives of the companies said Shanghai’s strong business environment, talent pool and supportive policies continue to attract global companies. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Why intl companies choose Shanghai?

Shanghai certified 30 regional headquarters of multinational corporations and 15 foreign-funded R&D centers on March 18. Representatives of the companies said Shanghai’s strong business environment, talent pool and supportive policies continue to attract global companies. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Geely boosts NVIDIA partnership to build AI-driven mobility ecosystem

[Photo provided to chinadaily.com.cn] Chinese carmaker Geely Auto Group is expanding its strategic partnership with NVIDIA across physical AI, enterprise AI and industrial AI, as it moves to build a full-chain intelligent mobility ecosystem, a senior executive said. In autonomous driving, Geely’s G-ASD system will integrate NVIDIA’s Alpamayo, Cosmos and NuRec technologies to enhance development,…