The net inflow of foreign investment into Chinese debt securities rose more than fourfold to $46.8 billion in 2024 as the comprehensive return from investments in yuan-denominated bonds kept stable, the State Administration of Foreign Exchange said on Friday. Meanwhile, China attracted new capital for inward equity-based foreign direct investment worth $90.9 billion in 2024,…
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At the Boao Forum for Asia Annual Conference 2025, Hazem Ben-Gacem, CEO of Abu Dhabi-based asset management company BlueFive Capital, expressed his admiration for Chinese tech innovations such as DeepSeek and vowed to increase investments in China. “When people can’t tell if we’re a Middle Eastern or Chinese investment firm, that’s when I’ll know we’ve…
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Hermann Simon, a renowned German economist known as the father of the “Hidden Champions” theory, delivers a speech in Bozhou, East China’s Anhui province, March 25, 2025. [Photo/Xinhua] HEFEI – Rising tariffs from the United States are making it more challenging for German companies to export there, increasing the need for strengthening trade ties between…
Guangdong province launched its first semi-solid-state energy storage battery production line on Friday. Guangdong Energy Group, the initiator, stated that it is also the world’s first mass production line for large-capacity 314 ampere-hour semi-solid-state battery products. The latest battery is designed to significantly raise the thermal runaway initiation temperature, providing a comprehensive upgrade in safety…
Guo Wei (second right), chairman of Digital China, and other panelists attend a seminar on global vision and enterprise innovation in the artificial intelligence era held at the University of Cambridge, United Kingdom, on March 13. CHINA DAILY China’s progress in artificial intelligence has jolted the tech world, with the meteoric rise of Chinese AI large…
Chinese fintech company Ant Group said it has continuously optimized the training of artificial intelligence-powered models by using different chips to lower the costs of AI applications, and will gradually make these models open-source. The company said it has leveraged domestically produced chips to train its AI models, reducing computing costs by around 20 percent.…
Employees check aluminum products at a plant in the Guangxi Zhuang autonomous region. [Photo/CHINA DAILY] China aims to increase its domestic bauxite reserves by 3 percent to 5 percent and boost recycled aluminum production to over 15 million metric tons by 2027, according to a newly released implementation plan. According to the implementation plan for…