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China’s foreign trade up 3.5% in first seven months

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AI roadmap key to staving off challenges

The 13th Internet Security Conference kicked off in Beijing on Wednesday. [Photo provided to chinadaily.com.cn] It is crucial to promote a comprehensive roadmap for the development of artificial intelligence that prioritizes secure innovation, as AI is expected to bring new challenges, industry experts and company executives said on Wednesday. Luo Laijun, vice-chairman of the All-China…

Heatwaves in Europe boost AC industry

Workers assemble air conditioners at a Haier’s plant in Qingdao, Shandong province, in May 2021. ZHANG JINGANG/FOR CHINA DAILY China’s exports of air conditioners are seeing robust growth as unprecedented heatwaves sweep across Europe this summer, leading to surging demand for cooling appliances in the continent and prompting domestic household appliance manufacturers to make their products…

Huawei open-sources chip software ecosystem

BEIJING — Chinese tech giant Huawei has announced the full open-source release of its Ascend chip software ecosystem, aiming to support users to explore its deep potential and undertake customized development independently. Known as CANN (Compute Architecture for Neural Networks), the software serves as a bridge between high-level AI training frameworks and Ascend chips, allowing…

Shanghai solidifying sci-tech hub bona fides

This panoramic aerial photo taken on Jan 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] Shanghai’s stepped-up efforts to aid fundamental scientific research are crucial to support the development of pioneering technologies and companies specializing in emerging industries, which is conducive to…

Steel sector makes strides in profitability

Workers at HBIS Group Shisteel hoist products onto a lorry for transport in Shijiazhuang, Hebei province, on Jan 2. [Photo/Xinhua] China’s steel industry is stepping up efforts to establish a practical self-regulatory framework aimed at enhancing profitability and improving operational quality through a more regulated production mechanism. Zhao Min’ge, president of the China Iron and…

China’s AI, smart manufacturing fuel foreign investment momentum

This photo taken on May 8, 2024 shows a roll-off ceremony of the 6 millionth car produced by BMW Brilliance Automotive (BBA) in Shenyang, Northeast China’s Liaoning province. [Photo/Xinhua] NANJING — For Franz Decker, a senior executive at BMW Group, China’s rapid advances in artificial intelligence (AI) represent a crucial engine of the auto giant’s…

China unveils guideline to elevate financial support for new industrialization

Chinese authorities have jointly released a key guideline on strengthening financial support for new industrialization, elevating the country’s coordinated efforts to support manufacturing upgrade and advance new quality productive forces. Under the guideline, the country aims to develop a financial system by 2027 that is generally mature in supporting the high-end, intelligent and green development of the manufacturing sector. The…

China remains No 1 worldwide in express delivery volume

China’s express delivery volume has ranked first in the world for 11 consecutive years. At present, over 500 million express parcels are collected daily on average, equivalent to nearly 6,000 packages entering the delivery channel every second. Revenue from the postal industry has grown from 1.1 trillion yuan ($153.12 billion) in 2020 to 1.7 trillion…

Autonomous driving paves way for smarter logistics in China

BEIJING — In the city of Ziyang, Sichuan province, a logistics company has hired three “employees” who never take lunch breaks and could work around the clock without any complaints. They are autonomous delivery vans, each capable of carrying between 600 and 800 parcels. They navigate the winding roads between villages located 10 to 30…