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China and Russia: Cities building stronger ties

“The specialists from Moscow visit cities in China regularly, and learn from their practices in city management and governance,” said Aleksandra Voronova, counselor at the Moscow Center for International Cooperation, during the Global Mayors Dialogue · SCO Summit Cities event in Tianjin. She noted that, almost every week, Chinese delegations visit Moscow. In recent years,…

Experts call for building policy consensus on bold fiscal reforms

The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] It is time to build a policy consensus on China’s space for bold fiscal expansion, leveraging it for deep reforms aimed at improving social welfare and accelerating the country’s much-anticipated economic rebalancing, according to leading economists and policy advisers at top think tanks. Li…

Production in construction down by 1.7% in the euro area and by 1.3% in the EU

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Duration of working life averaged 37.2 years in 2024 

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BMW, Momenta to develop China-specific smart driving solution

Momenta has become BMW’s latest local partner as the German carmaker seeks to sharpen its competitive edge in the competitive Chinese market. [Photo provided to chinadaily.com.cn] BMW is stepping up its localization strategy in China’s fast-evolving intelligent driving market by partnering with local autonomous driving startup Momenta. The German carmaker announced on Tuesday that it…

Nvidia to resume H20 chip sales in China, unveils new compliant GPU

US semiconductor giant Nvidia announced Tuesday that it will resume sales of its H20 chips to China and has unveiled a new, fully compliant graphics processing unit (GPU) designed for the Chinese market. The news follows a series of visits this month by Nvidia founder and CEO Jensen Huang to both Washington and Beijing, where…

Businesses deepening regional integration

A visitor looks at a BYD e-Platform 3.0 during the 45th Bangkok International Motor Show in the capital of Thailand on March 27. WANG TENG/XINHUA Chinese companies are ramping up investment into Southeast Asia and accelerating digital and green upgrades at home, in order to benefit from the reorganization of global supply chains amid geopolitical…

AI powers BMW’s vision for high-quality smart manufacturing

Franz Decker, president & CEO of BMW Brilliance Automotive, speaks at the 5th China Automotive Quality Technology Conference on July 17, 2025. [Photo provided to chinadaily.com.cn] As the automotive industry undergoes a digital and electrified transformation, BMW is setting new benchmarks for high-quality intelligent manufacturing at its Shenyang production base, driven by advanced artificial intelligence…

Instant retail sector heating up

Consumers claim free drink exchange coupons for brands such as Mixue through the Meituan app, leading to a surge in orders at a store in Chengdu, Sichuan province, in July. CHINA DAILY Competition in China’s instant retail sector is heating up as major players are banking on the fast-growing food delivery modality to cater to…