In the past, foreign institutions investing in China relied on experienced “China hands” familiar with the country’s economic policies and market dynamics, but the industry is now turning to new solutions. Several international asset management firms have started integrating AI into their investment research processes for the Chinese market. For example, hedge fund giant Bridgewater…
Potential homebuyers look at secondhand homes for sale at a real estate agency in Shanghai in April. CHINA DAILY Shanghai’s latest initiative to ensure the supply of government-subsidized rental housing through acquiring pre-owned homes is expected to better address diverse leasing demand in the market and effectively support the balanced development of housing ownership and…
Chinese New Year decorations at a LEGO store in Shanghai in January. CHINA DAILY As Spring Festival approaches, LEGO Group, the Danish toymaker, is embarking on a cultural journey to deepen its roots in China by introducing products that celebrate the country’s vibrant traditions. These new sets — the LEGO Galloping Horse Canvas and LEGO…
As the Chinese New Year approaches, a peak time for confectionery consumption and gifting — Hsu Fu Chi — a leading domestic confectionery brand under Nestle, is bolstering its production capabilities to meet the surging demand for festive snacks. On Feb 2, the company unveiled a new juice gummy production workshop in Dongguan, Guangdong province,…
Photo shows a night view of Taikoo Li Sanlitun, Beijing, on Dec 31. HU QINGMING/FOR CHINA DAILY This year, the Ministry of Commerce has made “Shopping in China” a priority, aiming to establish the Chinese market as a global consumption magnet, drawing not just tourists but the world’s top brands as well. The “Shopping in…
Photo shows a night view of Taikoo Li Sanlitun, Beijing, on Dec 31. HU QINGMING/FOR CHINA DAILY This year, the Ministry of Commerce has made “Shopping in China” a priority, aiming to establish the Chinese market as a global consumption magnet, drawing not just tourists but the world’s top brands as well. The “Shopping in…
An employee works on the production line of a steel plant in Maanshan, Anhui province. ZHANG MINGWEI/FOR CHINA DAILY China’s steel sector is expected to reach a globally advanced technological level by 2030, with breakthroughs in high-end steel and low-carbon metallurgical technologies making the nation one of the world’s key sources of innovation in the…
Zhejiang University and Shanghai robotics company JingShi Technology announced the launch of Bolt, a full-size humanoid robot that reached a peak running speed of 10 meters per second, which they said is the fastest full-size running robot in the world. At 175 centimeters tall and weighing 75 kilograms, Bolt clocked speeds that outpace any previously…
Chinese OEMs (original equipment manufacturers) achieved sales of 16 million vehicles in the Chinese mainland in 2025, capturing roughly 60 percent of the market share — “a very nice performance,” Tao Gao, research and analysis associate director of S&P Global Mobility, said in an online interview with China Daily Website. According to data from S&P…
Builders from China Railway No 4 Engineering Group install panels for the 14.9988-megawatt distributed photovoltaic power station under Buliangou Coal Mine in Inner Mongolia. LIU YUCAI/FOR CHINA DAILY China’s energy self-sufficiency rate is projected to climb to 84.6 percent in 2026, as the country intensifies efforts to insulate its economy from global supply volatility, according…