With 87 percent of Chinese companies planning to increase investment in artificial intelligence in 2025, and more than half reporting faster-than-expected progress, China’s AI momentum is accelerating. At the same time, the AI+ Action Plan of the State Council, China’s Cabinet, is pushing adoption across priority sectors, from manufacturing and energy to healthcare, finance and…
President and CEO of NVIDIA, Jensen Huang attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. [REUTERS/Denis Balibouse] Jensen Huang, CEO of Nvidia, visited Shanghai on Friday, underscoring the importance of the Chinese market to the US semiconductor company, which has been subject to a series of US…
Foreign institutions and global executives are striking a broadly upbeat tone on China’s economy in 2026 and are increasingly confident about new opportunities generated by high-quality growth, citing the country’s economic resilience, strong policy support and faster technology-driven transformation. Even though short-term headwinds persist, they expect China’s economic growth to maintain its momentum over the…
China’s securities regulator is to implement new guidelines for strengthening the role of performance benchmarks in regulating mutual fund investments. Widely used in overseas markets but less developed in China, performance benchmarks — typically stock or bond indexes — are the standards set by fund management companies to reflect a mutual fund’s investment style, ensure…
China’s electricity market reached a new milestone in 2025, with traded power volume surging to a record 6.64 trillion kilowatt-hours (kWh), as the nation accelerates its transition toward market-driven energy pricing. The total volume represents a 7.4 percent year-on-year increase, accounting for 64 percent of China’s total electricity consumption, a 1.3 percentage point rise from…
China’s drug regulator has granted conditional approval to Huahui Health’s Libevitug injection for the treatment of the chronic hepatitis D virus infection in adults, the company said on Friday. The drug, which could fill a long-standing treatment gap for one of the most severe forms of viral hepatitis, has been approved for patients with or…
Guangzhou’s Nansha district has emerged as a major foreign trade hub, helping the southern Chinese city push its import and export volume to a record high in 2025, customs officials say. Nansha Port, located at the mouth of the Pearl River, has become China’s largest entry point for imported cherries after customs authorities simplified procedures…
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SHANGHAI — The Michelin Group inaugurated its first global “future factory” in Shanghai on Friday, with a total project investment of 3 billion yuan ($425 million). The new plant features advanced, flexible production systems designed to serve China’s expanding new energy vehicle market. The global tire giant first entered Chinese market in the 1980s and…
Chinese railway operators have strengthened the responsibility system in various rail positions, to help safeguard the 40-day Spring Festival travel rush which will start on Feb 2. At Yuci Station in Shanxi province, one of the country’s 44 major marshalling yards, managerial staff members called on employees to fully understand their crucial role in smoothly…