Infinigence AI, a rising star in China’s AI infrastructure landscape, is revolutionizing access to computational resources under the leadership of its 32-year-old co-founder and CEO, Xia Lixue. Founded just over two years ago in May 2023, the company champions a bold vision: making powerful AI computing resources as readily available and simple to use as…
Lesley Venditti, CEO of Lesley Luxury Vintage company, works at her studio with a new air conditioner of Chinese brand Haier, in Rome, Italy, on July 24, 2025. [Photo/Xinhua] China’s exports of home appliances grew steadily in the first half of the year, with emerging markets including Latin America, the Middle East and the Association…
BEIJING — During last month’s third China International Supply Chain Expo (CISCE), overseas exhibitors made up 35 percent of participants — up 3 percentage points from 2024 and 9 points from the inaugural 2023 edition — with industry giants like Honeywell, GE Healthcare, and Siemens already securing their spots for next year, underscoring foreign firms’…
Delegates look at a robot demonstrating material handling skills at the 2025 World Robot Conference in Beijing on Aug 8. ZOU HONG/CHINA DAILY China stands at the forefront of global artificial intelligence innovation and deployment, serving as an unparalleled benchmark for enterprise transformation, according to Ryoji Sekido, co-CEO of Accenture Asia Pacific. In an exclusive interview…
Employees work at a milk tea shop in Huzhou, Zhejiang province, on Aug 7. YI FAN/FOR CHINA DAILY With the concept of “the first cup of milk tea in autumn” going viral, fresh tea brands are seizing the business opportunity that this seasonal phenomenon presents. Liqiu, or “Start of Autumn”, the 13th solar term in the…
A worker handles products at the Shu Brocade Workshop of the Chengdu Shu Brocade Research Institute, a private enterprise in Chengdu, Sichuan province, on July 3. LI XIANGYU / FOR CHINA DAILY China reported positive signs in terms of both consumer and producer prices last month, as government policies to boost domestic demand continued to…
An employee comes out of the Baidu headquarters in Beijing. [Photo by Fan Jiashan/For China Daily] Chinese technology heavyweight Baidu Inc is betting big on digital employees powered by artificial intelligence agents thanks to the rapid development of AI technology, and emergence of new algorithms, models and applications. Industry experts said as AI has been…
Intersport International Corp, a leading sporting goods retailer based in Switzerland, is weighing a production pivot toward China. The retailer sees an opportunity to tap China’s unrivaled supply chain efficiency at a time when rivals are shifting production to Southeast Asia and other developing-country markets. Intersport International’s new CEO, Tom Foley, told the Financial Times…
China registered 13.28 million new market entities in the first half, with private and foreign-invested firms maintaining steady momentum and cultural industries posting the fastest growth, the State Administration for Market Regulation said on Tuesday. Private enterprises took the spotlight, with 4.35 million new registrations, up 4.6 percent year-on-year. Foreign-invested firms also rose 4.1 percent…
China and the United States on Tuesday extended the pause on tariff hikes on each other’s goods for another 90 days, a move that market watchers and exporters said will help address trade frictions through dialogue and ease anxieties of businesses. They said the latest reciprocal move on tariffs is expected to stabilize bilateral trade…