Industrial upgrade is key for China to sharpen its edge amid global competition and more efforts are needed to support the growth of small and medium-sized enterprises, which have shown remarkable resilience through the China-US trade frictions, said a renowned expert. “The competition between China and the US ultimately boils down to competition within the…
A direct route linking China’s economic hub Shanghai and Ulan Bator, capital of Mongolia, will be launched by Miat Mongolian Airlines on July 3, which is expected to enhance travel convenience and strengthen economic and trade ties between the two neighboring countries. “The direct flight between Shanghai and Ulan Bator is a new achievement in…
An AI pianist performs at a shopping mall in Shanghai on June 29. [Photo/VCG] BEIJING — China’s State Administration for Market Regulation on Wednesday said that it has released a series of national standards for emerging industries such as artificial intelligence (AI). Seven national standards have been released — covering AI, information technology and the…
Visitors watch a robot making coffee during the Global Digital Economy Conference 2025, which kicked off on Wednesday in Beijing. ZHANG ZHENGYE/FOR CHINA DAILY China will ratchet up efforts to accelerate technological innovation, share its original technologies and innovative scenarios, and promote the digital transformation of urban areas, as part of a broader push to…
China’s textile and apparel producers are making more efforts to cut carbon emissions, and technologies such as intelligent manufacturing, biomanufacturing and 3D printing are helping them to further accelerate the sector’s green transformation. As a core hub for global textile and clothing production and consumption, China’s processing of textile fibers accounts for over 50 percent…
ACWA Power, a Riyadh, Saudi Arabia-based energy and water desalination giant, remains deeply committed to investing in China and is set to strengthen its foothold in China’s rapidly growing renewable energy sector, said its top executive. ACWA Power’s founder and chairman, Mohammad A. Abunayyan, expressed strong optimism in the country’s renewable energy market and long-term…
China may step up efforts to explore offshore renminbi-based stablecoins as recent legislation in China’s Hong Kong may provide a legal foundation for such innovations, currency experts said, calling it a move that can enhance the country’s role in shaping the evolving global monetary system in the digital era. A stablecoin is a form of…
More policies aimed at stabilizing and advancing the Chinese capital market are expected in the near future, as the nation enhances its efforts to facilitate high-quality economic development, according to officials and experts. Strengthening capital markets is seen not only as a domestic priority, but also a strategic response to external shocks, helping to reinforce…
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Why does a car CEO travel to Hefei, Anhui province three times a week? Five years ago, NIO found new life in Hefei. Today, a state-of-the-art smart factory and an industrial “corridor” linking the entire supply chain have become the backbone of China’s EV ambitions. This two-way commitment between government and business doesn’t just save…