People shop at the Beicang Cultural and Creative Block in Jiangbei district of Southwest China’s Chongqing municipality, Feb 15, 2024. [Photo/Xinhua] BEIJING — China’s cultural industry maintained its steady expansion in 2024, with new business models continuing to flourish, official data showed Monday. The surveyed 78,000 enterprises in the sector generated a combined revenue of…
This photo taken on Feb 1, 2024 shows a NEV production line at the Nio Second Advanced Manufacturing Base in Hefei, East China’s Anhui province. [Photo/Xinhua] BEIJING — Chinese provinces have outlined plans this year to strengthen support for tech-intensive industries, most of which are tailored to local conditions. In their annual government work reports…
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A Nio SUV parks up in a battery swapping station in Suzhou, Jiangsu province. [Photo provided to China Daily] China is expected to push the high-quality development of its leading new energy vehicle sector with a slew of policies ranging from electrifying bus fleets to drafting battery swapping standards, according to a senior official. Zhang…
A robot makes coffee at a park in Guangming district of Shenzhen, Guangdong province, on Nov 27. [Photo/Xinhua] SHENZHEN — Able to accompany children at night and even alert parents of potential mental health risks in kids, an AI (artificial intelligence) companion robot for children developed by a Chinese company recently completed an early stage…
CAI MENG/CHINA DAILY For China to achieve Chinese modernization, the huge population base is a significant factor to focus on. Its aging population, which is relatively large on a global basis and still increasing, also requires efforts to properly address the situation. With an aging society that does not possess sufficient wealth to navigate the…
People tour the Canton Tower business area during its debut in Guangzhou, Guangdong province, on Dec 28. WU WENJUN/FOR CHINA DAILY As new brands become key in driving traffic to China’s urban commercial spaces, the sustained rise of the “first-store economy” has further stimulated consumer appetite. First-store economy refers to a model in which various regions…
A man looks at a Volkswagen SUV in a dealership in Shanghai in December. YIN LIQIN/CHINA NEWS SERVICE China has extended its vehicle trade-in policy for 2025, a move experts anticipate will yield a stronger effect than in 2024, leading to a potential surge in the consumption of automobiles in the world’s largest vehicle market. The…
A visitor interacts with a customer service robot during a financial expo in Beijing. DU JIANPO/FOR CHINA DAILY With the rapid growth of the digital economy, digital finance has fundamentally altered traditional financial operations and service models. It not only represents a digital upgrade of financial services, but also serves as a powerful force driving…