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Zeron raises 1.2b yuan as investors back intelligent heavy-duty trucks

Zeron’s heavy-duty trucks, whose cumulative deliveries exceeded 1,600 units by the end of 2025, are seen in the picture. [Photo provided to chinadaily.com.cn] Chinese intelligent heavy-duty truck startup Zeron announced on Thursday a 1.2 billion yuan ($167 million) funding round, underscoring growing investor interest in the emerging market for electric and autonomous heavy-duty trucks. The…

Beef up policy support for chip materials

Li Shaoping (left), a deputy to the 14th National People’s Congress and chairman of Sinophorus, works with researchers at a lab. JIANG XIAOMING/FOR CHINA DAILY China should strengthen policy support for its semiconductor materials sector to reduce reliance on foreign suppliers, a national lawmaker said. Li Shaoping, a deputy to the 14th National People’s Congress…

Call to optimize computing power network

Lian Yuming (center), a member of the 14th National Committee of the CPPCC, speaks during a panel discussion at the two sessions in Beijing. ZOU HONG/CHINA DAILY China should optimize its national integrated computing power network and build a classified computing system to shore up the digital economy, Lian Yuming, a member of the 14th…

Fuling transitioning to smart manufacturing

For Li Yong, a member of the National Committee of the Chinese People’s Political Consultative Conference, the concept of “new quality productive forces” is not about discarding the old to start anew, but rather achieving a qualitative leap based on existing industrial foundations. Li, who also serves as Party secretary of Fuling district in Chongqing,…

China remains foreign investment magnet

GUANGZHOU — China remains a key destination for foreign businesses, with more companies surveyed continuing to invest in the market despite global economic uncertainties, according to a report released on Tuesday by the American Chamber of Commerce in South China. The 2026 Special Report on the State of Business in South China said 95 percent…

‘AI milk tea’ a taste of new smart economy

Visitors try smart watches that actively monitor blood pressure at the Appliance & Electronics World Expo in Shanghai on March 20, 2025. FANG ZHE/XINHUA On a brisk winter day in Hangzhou, Zhejiang province, a winding line of customers braved the cold outside a bustling milk tea shop. Yet, instead of the usual glow of smartphone…

HK’s role as financing hub highlighted

The Hong Kong Special Administrative Region is well-positioned to help companies from the Chinese mainland raise funds globally and expand overseas, while deepening cooperation with the mainland in sectors such as healthcare and biotechnology, said a member of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, the nation’s top political advisory body. William Doo…