Chinese smartphone maker OPPO has unveiled two camera-focused flagship models, touting significant imaging upgrades while holding the starting price steady for one of the devices despite mounting industry-wide cost pressures. The launch comes as data from the International Data Corporation (IDC) shows that OPPO has cemented its position in the global premium smartphone market. In…
Consumers are seen at a Tesla store in Shijiazhuang, Hebei province, on Feb 19. TANG KE/FOR CHINA DAILY Tesla reported a 16 percent year-on-year revenue growth in the first quarter, driven by robust performance at its Shanghai Gigafactory and expanding infrastructure in China, while gearing up for the highly anticipated debut of its third-generation humanoid…
As China’s intense market competition makes it a “fitness center” for multinational companies, those that survive and thrive here can compete anywhere else in the world, said Li Jiaming, consulting businesses chief strategy officer for professional service provider Deloitte in Asia-Pacific. “The competition in China is very fierce. If you are in China and your…
A wave of renewed activity is sweeping through China’s property market, led by a recent surge in secondhand home sales in major cities such as Beijing and Shanghai — a sign that homebuyer confidence is gradually returning after a multiyear downturn, analysts said. In the near term, analysts expect the divergence to persist — prime…
China’s rising role in global innovation is increasingly reflected in the evolution of international patent ecosystems, with more technologies originating from the country and gaining global traction, said an executive. “We have seen a development where more and more innovations are basically made in China,” said Kasim Alfalahi, founder and CEO of Avanci, a United…
[PHOTO/CHINA BOUND] In the gentle spring light, Qinghui Garden in Foshan, Guangdong, reveals the poetic charm of Lingnan gardens. Curved eaves frame fresh green trees,… Read More »Qinghui Garden, Foshan, Guangdong – Chinadaily.com.cn
A cargo vessel seen loading in Qingdao Port, Shandong province. YU FANGPING/FOR CHINA DAILY China’s economy delivered a stronger-than-expected start to the year, with first-quarter data highlighting its resilience in the face of mounting uncertainties in global trade and geopolitics, experts said. Jeremy Zook, lead analyst for China at Fitch Ratings, noted that the economy…
China’s improving innovation ecosystem, its vast market and more predictable policy environment are encouraging multinational companies to scale up investment and operations, cementing the country’s role as a hub for advanced industries and global trade, said market observers and business executives. They added that China’s integrated industrial supply chains, ongoing industrial upgrading, stable market environment,…
An aerial drone photo taken on Jan 7, 2025 shows an offshore wind farm in the waters of Laizhou city, East China’s Shandong province. [Photo/Xinhua] China’s installed power generation capacity had reached 3.96 billion kilowatts by the end of March, up 15.5 percent year-on-year, with solar and wind leading the growth, official data showed Thursday.…
BEIJING — The US move to refund certain tariffs is a helpful step on the path to correcting its mistakes, the Ministry of Commerce said on Thursday. Spokesperson He Yongqian made the remarks at a regular press briefing in response to a question about US Customs and Border Protection initiating tariff refunds on April 20.…