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Robust commitment seen to meet GDP target

An aerial view of the construction site of the Wuxi-Yixing Expressway expansion project, undertaken by State builder China Railway Construction Corp’s 24th bureau. CHINA DAILY The decision to maintain the 2025 GDP growth target at “around 5 percent”, as revealed in the Government Work Report released during the recently concluded two sessions, alongside an enlarged deficit-to-GDP…

Fashion brands eye bigger global footprint

Pedestrians walk past an Urban Revivo store in Jing’an district, Shanghai, on Sept 4, 2024. [Photo/VCG] Chinese retailer Fashion Momentum Group’s Urban Revivo brand officially made its debut in the United States last month by opening its first flagship store in New York’s SoHo district, marking the continuation of its global expansion. The 2,855-square-meter store…

AI advance prompting security safeguards

A “Tiangong” humanoid robot displays running at the Beijing World of Robots in Beijing, capital of China, Feb 24, 2025. [Photo/Xinhua] As China accelerates its artificial intelligence push amid the rise of homegrown large language models, cybersecurity risks tied to AI adoption are escalating, underscoring the need for enhanced safeguards to mitigate emerging threats, said…

How China is lifting consumer spending to boost its growth

A salesman shows how to use a car’s central control system to a potential buyer at a 4S store in Hohhot, Inner Mongolia autonomous region, on March 5. DING GENHOU/FOR CHINA DAILY BEIJING — Vowing to make domestic demand “the main engine and anchor of economic growth”, China’s policymakers have sent fresh and firm signals…

Old-school 4×4 to tempt hardcore off-road drivers

Ineos Grenadier vehicles in the Helan Mountains of Ningxia Hui autonomous region on March 12. CHINA DAILY The Ineos Grenadier is not a vehicle that many expect: it does not have fancy features like the large screens commonly found in cars nowadays. Instead, it boasts so many buttons, reminiscing people about the age when cars…

Ultra-deep oil, gas production hit milestone in Tarim oilfield

Employees work on a drilling platform in Tarim oilfield, Xinjiang Uygur autonomous region, in February. HU HUHU/XINHUA China’s largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted 150 million metric tons of oil and gas equivalent from formations deeper than 6,000 meters so far, as China’s oil giants accelerate ultra-deep exploration and technological…

CIMC’s overseas efforts bear fruit

A booth of China International Marine Containers Group (CIMC) at Intermodal Asia 2024 held in Shanghai, on May 21, 2024. [Photo/VCG] Chinese logistics and energy equipment maker China International Marine Containers Group (CIMC) said it has made significant strides in overseas markets this year, as it capitalized on growing demand for its products to secure…

China’s retail sales, investment pick up pace

China’s economy continued to recover in the first two months this year as consumption and investment showed improvement, official data showed on Monday, making a steady start for 2025. Retail sales, a key measurement of consumer spending, surged 4 percent year-on-year over the January-February period, after the 3.7 percent rise in December.  China’s value-added industrial…

China transforming into innovation powerhouse

A Xiaomi SU7 Ultra is presented in Mixc Mall in Chengdu, Sichuan province, on Feb 28. ZHANG LANG/CHINA NEWS SERVICE China’s sharpened focus on pursuing integrated advancements in technological and industrial innovation showcases its determination to translate scientific breakthroughs into real-world applications, and such a strategy will help it transform into a global innovation powerhouse…

More diversified, vital pension system sought to ensure smoother golden years

An undated photo shows an elderly woman dining at a nursing home in Hangzhou, East China’s Zhejiang province. [Photo by Sun Yidou/For China Daily] With increasing policy support and market innovation, a more diversified and vital pension finance market is being formed in China amid rapid population aging. Pension finance, put forward as one of…