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Walmart squeezes suppliers as tariffs weigh

Shoppers browse fruit at a Sam’s Club store, a membership-only chain under Walmart, in Suzhou, Jiangsu province, on Feb 8. CHINA DAILY The Ministry of Commerce and other relevant authorities have met with Walmart Inc to discuss the US retailer’s recent plea for price cuts from Chinese suppliers, a move which underscores growing anxiety by…

Open-source chip design spurring on AI

Open-source chip design architecture RISC-V is gaining in popularity in China, experts said, as domestic tech companies such as Alibaba Group Holding Ltd work to sharpen their technological strengths in semiconductors amid the rapidly evolving era of artificial intelligence. RISC-V technology manages memory systems shared between CPUs, and has been open and free for use…

China expands presence in humanoid robotics amid industry boom

Two humanoid robots walk forward at the exhibition hall of Unitree Robotics in Hangzhou, East China’s Zhejiang province, Feb 20, 2025. [Photo/Xinhua] HANGZHOU – The world of robotics may have just found a new martial arts master. In a viral video released by Unitree Robotics, the Unitree G1 humanoid robot executes a fluid series of…

Pro-consumption measures positive sign

From left to right: Lyu Shuping, president of Xylem China; Yann Bozec, president of Tapestry Asia-Pacific; Tetsuya Iwasaki, president of Epson China; David Poon, president of Infineon Technologies Greater China. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in assessing the success of the process, we…

Feel-good spending set to unlock China’s huge consumer potential

Customers purchase goods at a Pangdonglai store in Xuchang, central China’s Henan province, Aug. 22, 2024. [Photo/Xinhua] Editor’s note: China is evolving into a consumption-driven economy. As it strives to revitalize consumption, the focus has shifted beyond price competition to tailored innovation, where personalized demand fuels premium-quality supply and shapes new consumption landscapes. At this…

Vitality of private sector high on agenda

A solar-panel component production line at a private company in Shizuishan, Ningxia Hui autonomous region. YUAN HONGYAN/FOR CHINA DAILY Private enterprises, buoyed by China’s advancing modernization drive, voiced optimism regarding the future trajectory of the private sector economy despite challenges, during the recently concluded two sessions. The comments aligned with the key priorities detailed in the…

AI expected to accelerate self-driving tech

A passenger gets off a Pony.ai robotaxi after reaching his destination point in Nansha district of Guangzhou, South China’s Guangdong province, March 11, 2025. [Photo/Xinhua] The fast-evolving artificial intelligence technology is expected to spearhead an industrial revolution and expedite the development of China’s autonomous and intelligent connected vehicles, as AI is emerging as a critical strategic…

Exec proposes strategic measures to boost photovoltaic industry

Wang Gang, chairman of photovoltaic material company Jinjing Group, poses in front of the Great Hall of the People in Beijing during the two sessions. [Photo provided to chinadaily.com.cn] Expressing confidence in China’s modernization process and its positive impact on private enterprises, Wang Gang, chairman of Shandong-based photovoltaic material company Jinjing Group, said at the…

China’s express delivery sector posts fast growth in first two months

Staff members at the joint distribution center in Yucheng handle parcels with the help of a sorting machine. ZHANG YU/CHINA NEWS SERVICE BEIJING — China’s courier sector experienced rapid expansion in the first two months of 2025, with significant growth in delivery volume and capability-building, according to an industry index released by the State Post…

Hisense sharpens focus on innovation, new quality productive forces

Visitors are viewing the large-screen TVs at Hisense’s booth at CES 2025. LIA ZHU/CHINA DAILY Chinese home appliance maker Hisense is stepping up efforts to achieve breakthroughs in fundamental technologies and bolster the development of new quality productive forces. The company is ratcheting up resources to make innovations in cutting-edge laser display technologies, while continuously…