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Shanghai sees strong growth in sci-tech innovation

Shanghai officials brief the media on the city’s economic development, Jan 16, 2025. [Photo by Luo Bin/chinadaily.com.cn] Shanghai witnessed significant progress in science and technology innovation in 2024, with substantial growth in key indicators, according to a news conference held by the Shanghai Municipal Government on Jan 16, 2025. The city saw a surge in…

BMW top choice of premium car buyers in China

BMW’s booth is crowded with visitors at the Guangzhou auto show in November 2024. [Photo by Li Fusheng/chinadaily.com.cn] German carmaker BMW Group said on Monday that it delivered 714,530 BMW and MINI vehicles in China last year. Its namesake BMW brand retained the top position in China’s luxury passenger vehicle segment while achieving significant milestones…

Shanghai’s biopharma industry set to exceed 200b yuan output in 2024

Shanghai officials brief the media on the city’s economic development on Thursday. [Photo by Luo Bin/chinadaily.com.cn] Shanghai’s biopharmaceutical industry, a key driver of the city’s economic growth, is projected to exceed 200 billion yuan ($27.28 billion) in output value in 2024, marking a significant increase from the previous year’s 185.98 billion yuan, according to Luo…

Decline in US industries unrelated to China: commerce ministry

China has urged the Biden administration to stop shifting the issues of US domestic industry development onto China, vowing to take all necessary measures to safeguard its legitimate rights and interests, said the Ministry of Commerce on Friday. The Office of the United States Trade Representative announced on Thursday that it has issued its findings…

AI dominant in funding investments

Figurines with computers and smartphones are seen in front of the words “Artificial Intelligence AI” in this illustration taken, Feb 19, 2024. [Photo/Agencies] Artificial intelligence is dominant in funding global investments, according to speakers participating in the “Funding the Future of Emerging Technologies” panel discussion under the 2025 Asian Financial Forum that kicked off in…

Zhengzhou holds 2024 World Robot Contest Finals

Contestants operate robotic vehicles during the 2024 World Robot Contest Finals in Zhengzhou, Henan province, on Jan 16, 2025. [Photo/Xinhua] The 2024 World Robot Contest Finals kicked off on Thursday in Zhengzhou, Henan province. The event consists of two major competitions, Brain-Computer Interface or BCI Brain-controlled Robot Competition and Youth Robot Design Competition. Running from…

Carat freedom in a county

Zhecheng, a small county in Henan, produces over 30 percent of the world’s lab-grown diamonds, bringing diamond prices down from their lofty heights. What’s even more impressive is that its industrial-grade diamonds is expected to make a big impact in the semiconductor industry. So, how exactly is a diamond “grown”? Watch the video to find…

Digital biz expansion prioritized

China will step up efforts to promote the construction of digital industrial clusters, accelerate the digital transformation of cities and cultivate a national integrated data market in 2025, as part of its broader push to facilitate the high-quality development of a digital economy and advance the building of a “Digital China”, said the country’s top…

Success of sand control methods in Hobq Desert

HOHHOT — In the freezing winter, on the fringes of the Kubuqi Desert in North China’s Inner Mongolia autonomous region, dedicated sand control workers are busy mending and reinforcing defenses in the form of straw checkerboards — straw placed in a checkerboard pattern on the desert surface to secure dunes. The workers are racing against…

Yiwu rides on innovation for trade growth amid headwinds

An employee (center) addresses queries from Nigerian businesspersons at Yiwu’s China Small Commodities Market in Zhejiang province on Jan 12. SHI BUFA/FOR CHINA DAILY In the face of uncertainties regarding the external environment and challenges in global supply chains, Zhejiang province’s Yiwu has found a quick way out with innovative business models and improved operating…