Xiaomi CEO Lei Jun unveils the company’s latest SUV YU7 GT. [Photo provided to chinadaily.com.cn] Xiaomi launched the YU7 GT, a sports car-grade SUV, the YU7 GT on Thursday, as the tech heavyweight doubles down on its ambitious “human-car-home” ecosystem. The move came as Xiaomi founder and CEO Lei Jun announced that the company will invest…
Chinese two-wheeler maker Ninebot has rolled out two new technologies for electric mopeds, reinforcing domestic industry players’ technological acumen in vehicle-control systems and multi-vehicle coordination. Through self-developed dynamic balance algorithms and vehicle-control systems, the Mole Self-Balancing 2.0 can adjust the vehicle’s posture in a rather short control window, according to the company. “In daily use,…
Thirty-one young entrepreneurs from 16 countries gathered in Kunming this week to tour Yunnan province’s coffee, fresh-cut flowers, and biopharmaceutical industries, as part of a three-day dialogue aimed at identifying opportunities for trade and investment cooperation. The 2026 International Sister Cities Young Entrepreneurs Dialogue ran from Wednesday to Friday and also included youth representatives from…
China is tightening its crackdown on overseas brokerages illegally providing services to onshore investors, with regulators aiming to eradicate such activities within two years while moving to penalize three major offshore brokerages for illegal cross-border securities business activities. The China Securities Regulatory Commission said on Friday that eight government departments, including the CSRC, the Ministry…
A glance at the Shougang Park, the permanent venue of the China International Fair for Trade in Services. [Photo provided to chinadaily.com.cn] As the country of honor for the 2026 China International Fair for Trade in Services (CIFTIS), due to open on Sept 9 to 13, Norway is poised to deepen bilateral service trade and…
Global marketing service provider WPP launched WPP Open | China, an agentic marketing platform tailored for the Chinese market, on May 8. The company said the platform, the first fully localized agentic marketing platform developed by an international advertising company specifically for China, will serve as a cornerstone for WPP’s transformation toward greater integration and…
Consumers gather at a Mixue store in Bangkok, Thailand, on March 21. Mixue is a Chinese beverage brand. PATRICK CHENGZHI WANG/LIGHTROCKET/GETTY IMAGES Chinese consumer brands are rapidly expanding across Southeast Asia, moving beyond electronics and electric vehicles into sectors such as beauty, food service and home appliances, according to a report by Euromonitor International. Its…
Jinggong Steel International, a subsidiary of Jinggong Steel Building Group, has won a contract for work on the main steel structure above the 120th floor of Jeddah Tower in Saudi Arabia, marking a further step in the Chinese steel structure company’s expansion in the Middle East. Under the latest contract, Jinggong Steel International will handle…
Guangdong Customs announced 20 new initiatives to streamline cross-border trade and customs cooperation across the Guangdong-Hong Kong-Macao Greater Bay Area at a news conference in Guangzhou on Thursday, targeting faster clearance times and deeper regulatory alignment with the two special administrative regions. The initiatives cover five areas: integrated development, science and innovation, new business forms…
As global energy markets grow increasingly volatile, China is looking deeper underground to insulate its economic engine. The ability to unlock massive, ultra-deep subterranean reserves is no longer just an engineering triumph, but has become a vital geopolitical shield, allowing the world’s second-largest economy to steadily replace vulnerable foreign gas imports with a homegrown “ballast…