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…
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…
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…
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…
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…
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…
China’s police and financial authorities have launched a six-month-long joint campaign to crack down on illegal financial businesses and crimes. The Economic Crime Investigation Department of the Ministry of Public Security and the Investigation Bureau of the National Financial Regulatory Administration held a meeting on Friday, rolling out plans for the campaign. The campaign called…
With data showing a shortage of artificial intelligence (AI) talents reaching 5.2 million in China in 2024, Chinese enterprises and universities are enhancing cooperation to seek deep integration in industry, academia and research, injecting new momentum in building a digital China. Recently, the City University of Hong Kong Business School and a number of data…
From left to right: Frank Xu, Rio Tinto China CEO; Samantha Zhu, chairperson of Accenture Greater China; Takeshi Yoshida, president of Sony China; Zhang Ying, managing director of Dassault Systemes 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…
A BYD vehicle on display during an auto expo in Paris, France last year. GAO JING/XINHUA Chinese car manufacturers are gaining more ground in Europe with their innovative products and long-term market approaches. Sales of China’s largest new energy vehicle maker BYD skyrocketed in the United Kingdom by 550.8 percent to 1,614 units in January,…