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When silk culture meets intelligent manufacturing

Foreign buyers (right) gather product information from an employee at the booth of Suzhou Romrol Fashion Group during a textile expo in Paris in February. CHINA DAILY At China’s premier production hub for chemical fiber fabrics in Shengze town of Wujiang district in Suzhou, Jiangsu province, a new generation of innovative textiles is quietly weaving…

Video editing features added to Meta AI

SAN FRANCISCO — Meta said Wednesday that it is adding video editing capabilities to Meta AI, which let users edit short videos using preset artificial intelligence (AI) prompts. The company said that the features were inspired by its Movie Gen AI models. It plans to add more customization options later this year. For now, users…

Carmakers expedite paying suppliers

In an effort to boost cash flow efficiency and safeguard industrial ecosystem stability, Chinese automakers have vowed to shorten payment timelines to their suppliers to within 60 days. Starting Tuesday evening, a batch of major auto manufacturers — such as BYD, China FAW Group, Seres Group, Geely Auto, Chery, Xpeng and Xiaomi Auto — officially…

Oarmilk to expand product line beyond Greek yogurt

An employee works on a production line for low-temperature yogurt in Shenyang, Liaoning province, in September 2021. CHINA DAILY As China’s chilled yogurt market undergoes a health-focused shift, Oarmilk Greek Yogurt has stood out for its high-protein positioning, targeting mid-income families who are health-conscious and experiencing double-digit growth on a yearly basis. Founder and CEO…

China’s economy to grow by 4.5% this year, World Bank predicts

China’s economy is projected to grow by 4.5 percent in 2025 and 4 percent in 2026, with fiscal policy cushioning the slowdown pressures due to global trade restrictions and uncertainty, said the latest China Economic Update of the World Bank Group. According to the update released on Friday, as global trade restrictions and uncertainty weigh…

Unlocking consumption key to sustaining China’s growth: World Bank

Tourists watch a robot show at Taizhou city, East China’s Zhejiang province, May 4, 2025. [Photo/Xinhua] BEIJING – Unleashing consumption potential will help sustain economic growth in China, according to a World Bank report published in Beijing on Friday. Policy support has helped boost China’s consumption and spurred a rise in home sales in major…

Commercial exchanges fuel new momentum in China-Africa cooperation

People visit the booth of South Africa at Changsha International Convention and Exhibition Center in Changsha, Central China’s Hunan province, June 12, 2025. [Photo/Xinhua] CHANGSHA/NAIROBI — “Plane tickets to Africa are in high demand — there are just so many opportunities,” exclaimed Ma Bijun, deputy general manager of Hunan Er-Kang Pharmaceutical Co, Ltd, who has…

China’s foreign trade rises by 2.5% to $2.5t in the first five months

China’s foreign trade grew by 2.5 percent year-on-year to 17.94 trillion yuan ($2.5 trillion) in the first five months of 2025, data from the General Administration of Customs showed on Monday. In the meantime, the country’s exports rose 7.2 percent on a yearly basis to 10.67 trillion yuan, while imports declined 3.8 percent year-on-year to…

Petronas ramps up global LNG push to support China’s energy transition

Petronas, Malaysia’s State-owned energy group, will accelerate the expansion of its global liquefied natural gas (LNG) portfolio to support China’s growing energy needs, as the world’s second-largest economy deepens efforts to shift toward cleaner fuels and strengthen energy security, said a senior executive. In 2024, Petronas exported 8 million metric tons of LNG to China,…

Chinese smart cars ready for global stage, says TUV Rheinland exec

The headquarters of TUV Rheinland, located in Cologne, Germany, is seen in the picture. [Photo provided to chinadaily.com.cn] China-made smart vehicles has vast potential in overseas markets, and localization will prove crucial, said an executive at TUV Rheinland, an independent third-party testing and inspection organization. “We’ve been active in China for nearly four decades,” Matthias…