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Sports ‘sunrise sector’ with huge upside

Visitors try out fitness equipment at an experience center of a sporting goods company in Dezhou, Shandong province, on Dec 18. WANG FUDONG/XINHUA China should bolster domestic demand through the sports industry, reinforce the role of private enterprises in national innovation, and enhance adolescent mental health through physical activity, said Ding Shizhong, a member of…

Industrial upgrade has ‘boundless potential’

Chinese manufacturers should further strengthen innovation and accelerate breakthroughs in core technologies to drive industrial upgrading and move up the global value chain, said a national legislator and industry leader on the sidelines of the just-concluded annual two sessions in Beijing. Jia Shaoqian, a deputy to the 14th National People’s Congress and chairman of major…

BYD joins global auto standards body

SHENZHEN — Chinese automaker BYD has officially joined the International Automotive Task Force, an international standardization organization in the automotive industry, the company announced on Wednesday. The IATF is a group of automotive manufacturers and their respective national automotive industry associations dedicated to formulating fundamental quality system requirements for the automobile supply chain. Its members…

Apple lowers App Store commission rates in China following regulatory discussions

Apple is set to reduce its commission rates for the App Store in China following discussion with Chinese regulators, according to information obtained from the Apple Developer official website on Friday. The standard commission rate for paid apps and in-app purchases on iPhone and iPad will be lowered from the current 30 percent to 25…

‘Happiness economy’ can drive growth, adviser says

A fresh leaf market in Ya’an, Sichuan province, teems with spring tea harvest crowds on Wednesday. Key hubs like this market provide fair trade platforms that raise farmers’ incomes and happiness while driving high-quality tea industry growth. ZHANG LANG/CHINA NEWS SERVICE As China seeks fresh momentum to boost domestic demand, the burgeoning happiness-driven consumption sector…

China’s TCM sector undergoing tech-driven transition

Pupils try out a TCM consultation robot in Jinhua, Zhejiang province. SHI BUFA/FOR CHINA DAILY China is accelerating efforts to modernize its traditional Chinese medicine industry, including embedding artificial intelligence to boost research and development and expand access to quality TCM services, as policymakers seek to transform the centuries-old sector into a technology-driven industry with…

Low-altitude economy needs institutional guarantees

MA XUEJING/CHINA DAILY The recommendations for the 15th Five-Year Plan (2026-30) call for accelerating the development of industrial clusters in strategic emerging fields such as new energy, new materials, aviation and aerospace, and the low-altitude economy, while bolstering capacity building on national security in emerging domains including low-altitude airspace. This marks the elevation of the…

Baidu Smart Cloud signs a deal with Bear Electric Appliance

Baidu Smart Cloud inked a deal with Bear Electric Appliance Co Ltd, a maker of small home appliances based in Foshan, Guangdong province, on Thursday, the first day of the Appliance and Electronics World Expo 2026. According to the deal, the two sides announced that they will launch an AI strategic cooperation with a scale…

In the future, AI smart locks will have the ability to perceive and make decisions

The future development trend of artificial intelligence-empowered smart lock is to “think, understand people’s hearts, and understand real life”, an industry expert said. “I believe that AI’s transformation of smart locks is not a single dimensional upgrade, but rather a technological disruption that will give AI smart locks the ability to perceive and make decisions,…