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China Technology

China Technology

Transformation of Chinese private equity industry picking up pace

A large screen outside a building in Shanghai shows the closing index of the Shanghai A-share market on April 9. WANG GANG/FOR CHINA DAILY While transformation of the Chinese private equity sector has been advancing for years, the process will pick up pace as the types of deals are changing and industry leaders are playing a…

Exporters pivot to home market amid headwinds

Shipping containers on the MSC Livorno await unloading at the Port of Long Beach, California on March 5, 2025. [Photo/Agencies] Chinese exporters to the United States are increasingly pivoting to the domestic market as overseas demand softens, with official tax data showing a steady uptick in local sales in April. Industry experts said that the…

China a key trade hub, vital partner for Argentina: expert

In an exclusive interview with China Daily, Francisco Cafiero, director of the Center for Latin American Integration Studies “Manuel Ugarte” at the National University of Lanús (UNLa), highlights China’s role as a global supply chain hub. He emphasizes the potential for deeper cooperation between China and Argentina for mutual benefit. Tanks to chinadaily.com.cn Please visit:…

JD offers major subsidies for shopping carnival

Chinese e-commerce giant JD kicks off its June 18 shopping festival. [Photo provided to chinadaily.com.cn] Chinese e-commerce giant JD announced on Thursday that it will offer each consumer over 1,000 yuan ($138.7) daily shopping subsidy and give discounts for commodities included in the country’s consumer goods trade-in program during the June 18 shopping carnival. JD…

Experts: US chip curbs on Huawei doomed to fail

An exterior view of a Huawei store in Shanghai on May 14, 2025. [Photo/VCG] Washington’s latest attempt to ban the use of Huawei Technologies Co’s Ascend artificial intelligence chips “anywhere in the world” is an unprecedented government-initiated crackdown on a Chinese private company, experts said. Such efforts are doomed to fail as China’s semiconductor industry,…

US move to curb Chinese tech ‘doomed to fail’, experts say

Washington’s latest attempt to ban the use of Huawei Technologies Co’s Ascend artificial intelligence chips “anywhere in the world” is an unprecedented government-initiated crack-down on a Chinese private company, experts said. The comments came after the US Commerce Department issued a guidance on Tuesday stating that the use of Huawei chips “anywhere in the world”…

HarmonyOS PCs around corner

Visitors gather at Huawei’s booth during a high-tech expo in Shanghai in March.[CHINA DAILY] Huawei Technologies announced on Thursday it will launch on May 19 personal computers powered by its self-developed operating system HarmonyOS, as the company aims to break the dominance of Microsoft’s Windows and Apple’s macOS as the main computer operating systems. Zhu…

Humanoids in factories share knowledge as they learn

UBTech Robotics’ Walker S1 humanoid robots work at Chinese automaker Geely’s Zeekr 5G smart factory in Ningbo, Zhejiang province, in March. CHINA DAILY In the sprawling assembly lines of Chinese automaker Geely’s Zeekr 5G smart factory in Ningbo, Zhejiang province, a new generation of workers is quietly revolutionizing manufacturing. Standing 172 centimeters tall with a…

Chinese developers enter the fray at Apple coding competition

Chinese app developers are showcasing their talents at the Swift Student Challenge, a global coding competition for students organized by Apple Inc. Xu Tianyu, a senior student at Shanghai Institute of Technology, said her Swift Playgrounds project SignBridge, aims to address communication barriers between hearing-impaired and hearing individuals in campus environments. “My university is the…

Sci-tech facility attracts widespread attention

A drone photo shows the Shanghai Synchrotron Radiation Facility in Zhangjiang of Pudong New Area, Shanghai, on Feb 27. [Photo/Xinhua] Browsing through social networks, there are various posts from those able to conduct experiments or even visit the Shanghai Synchrotron Radiation Facility in Zhangjiang of Pudong New Area, with their excitement readily apparent. Indeed, the…