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China Mobile charts AI-driven path to 6G

China Mobile’s booth at the ongoing at the 2026 World Mobile Congress Shanghai. [Provided to chinadaily.com.cn] China Mobile unveiled on Wednesday a strategic vision that places artificial intelligence at the core of its next-generation network development, pledging to steer 6G research and development through the lens of AI demands. Addressing the 2026 World Mobile Congress…

Chinese competitiveness offers ‘Opportunity 2.0’ for global businesses, McKinsey exec says

Joe Ngai, chairman of McKinsey Greater China. [Photo provided to chinadaily.com.cn] China’s growing competitiveness in advanced manufacturing, clean energy, artificial intelligence and robotics is creating new opportunities for multinational companies, according to Joe Ngai, chairman of McKinsey Greater China, who spoke during the 17th Annual Meeting of the New Champions, also known as the Summer…

Thai business leader bullish on China-Thailand trade prospects

Phaichit Viboontanasarn, vice-chairman and secretary-general of the Thai Chamber of Commerce in China, said in a recent interview with China Daily that the “Big Market for All: Export to China” initiative launched by China’s Ministry of Commerce creates significant opportunities for Thai businesses. He said the campaign demonstrates China’s genuine commitment to opening its market…

Taicang Port sees record vehicle exports for Jan-May

According to Taicang Customs, in the first five months of this year, Taicang Port in Suzhou, Jiangsu province, exported 507,000 vehicles, up 70 percent year-on-year and setting a new record. Of these, around 210,000 vehicles were exported to Belt and Road countries, up 118 percent. Taicang Port has become a key hub for vehicle exports…

Full-chain low-carbon future for CECEP

China Energy Conservation and Environmental Protection Group, or CECEP, is accelerating efforts to build a full-chain low-carbon service system, focusing on energy efficiency, renewable power, resource recycling, digital carbon management and zero-carbon industrial parks. The effort comes as companies across China face growing pressure to reduce energy intensity, manage carbon assets and prepare for emerging…

Ericsson bets on nation’s innovation to power its AI evolution

Visitors check out the venue guidance map prior to the 2026 Summer Davos, also known as the 17th Annual Meeting of the New Champions, in Dalian, Liaoning province, on June 22. ZOU HONG/CHINA DAILY China will remain one of Ericsson’s important markets as the Swedish telecoms equipment maker doubles down on next-generation mobile networks as…

Company apologizes over erroneous earthquake warning

Xiaomi TV apologized on Tuesday night after an earthquake warning was mistakenly pushed to some of its TV users in Beijing and nearby areas. At around 8:15 pm on Tuesday, some Xiaomi TV users in Beijing and surrounding regions received an earthquake early warning message, prompting several users to post online that their TVs had…

Zhipu AI first Chinese LLM firm to briefly hit HK$1 trillion valuation

Chinese artificial intelligence developer Zhipu AI crossed the HK$1 trillion ($127 billion) market valuation mark on Monday, becoming China’s first large language model company to reach a HK$1 trillion valuation at one point. The momentum also underscores growing investor confidence in China’s homegrown large language model developers. Zhipu AI’s shares jumped more than 42 percent during trading on Monday,…

SAMR orders Huolala to end unfair business practices

China’s market regulator has ordered freight platform operator Huolala to stop using algorithms that unfairly suppress freight rates and to scrap rules requiring drivers to display exclusive vehicle decals. The State Administration for Market Regulation said on Thursday it had formally summoned Huolala under China’s anti-monopoly law and instructed the company to carry out a…

China Development Bank loans 213.3b yuan for tech transformation, equipment upgrades

BEIJING — The China Development Bank (CDB) had issued 213.3 billion yuan (about $31.3 billion) in loans for technological transformation and equipment upgrades by the end of May, the bank said on Thursday. Covering sectors including industrial, energy and electric power, transportation and logistics, the loans supported 366 enterprises and 507 projects, CDB data showed.…