The preliminary outcomes achieved during the latest round of China-US economic and trade consultations will not only help stabilize bilateral economic ties, but also contribute to a more cooperative global economy at a time of rising uncertainties, officials and experts said. The Ministry of Commerce announced on Wednesday that China and the United States have…
While Schroders is transferring part of the mutual fund business managed by its wholly-owned China unit to Neuberger Berman, the British asset manager insists it will continue to provide public and private fund services for Chinese investors, dismissing speculation that it is exiting China. Schroder Fund Management (China) Co Ltd said on Wednesday that it…
China has announced plans to buy 200 aircraft from Boeing, “in accordance with market demand”, following the consensus reached by the leaders of China and the US. An official from the Department of American and Oceanian Affairs at China’s Ministry of Commerce said on Wednesday that aviation is a key sector for mutually beneficial and…
Chinese navigation app maker Amap said on Wednesday that it would roll out its AI-powered traffic light countdown feature to overseas markets, marking one of the first large-scale attempts to export the technology globally. The feature, first launched by Amap in May 2022, uses artificial intelligence to simulate and predict traffic signal changes in real…
China will accelerate the buildout of a nationwide computing network and step up efforts to develop high-quality data sets for artificial intelligence, according to a 2026 digital economy work plan released by the country’s top data regulator on Tuesday. The plan also called for the steady advancement of data infrastructure projects and support for demonstration…
Alibaba Cloud, the cloud arm of tech giant Alibaba Group, has unveiled a new artificial intelligence chip and an ambitious multi-year semiconductor roadmap, as the company pushes to build a domestic alternative to Nvidia-powered AI infrastructure. Alibaba Cloud launched the Zhenwu M890, a new training-and-inference integrated AI chip developed by the company’s semiconductor arm T-Head,…
The Dounan Flower Market in Kunming, Yunnan province, is bustling with activity on May 18. [Photo by Yang Ling/chinadaily.com.cn] The flower markets in Dounan of Kunming, Yunnan province, have seen single-day transaction volumes nearing 9 million stems in the lead-up to May 20, a date that sounds like “I love you” when spoken in Mandarin.…
BEIJING — China implements export controls on rare earths and other critical minerals in accordance with laws and regulations, and reviews license applications that are compliant and for civilian use, the Ministry of Commerce said on Wednesday. The remarks, in response to recent US statements about critical minerals, were made by an official with the…
The 2026 Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements will be held from June 10 to 12, the municipal government announced during a press briefing on Wednesday. Now in its fourth edition, the expo will cover an area of 40,000 square meters with almost 300 enterprises attending. The exhibition will focus on…
Representatives from Dongfeng and Stellantis pose for a photo after a memo was signed on May 15, 2025. [Photo provided to chinadaily.com.cn] China’s Dongfeng and Stellantis have signed a non-binding memorandum of understanding to deepen strategic cooperation, with a focus on accelerating international expansion for the State-owned carmaker’s premium brand Voyah. Under the proposed agreement,…