Yang Jie, chairman of China Mobile. [Provided to chinadaily.com.cn] China Mobile is pushing forward a comprehensive upgrade of the company’s “AI plus” initiative, aiming to double investment into artificial intelligence as part of its broader push to develop new quality productive forces and support China’s modernization. Yang Jie, chairman of China Mobile, said with AI as…
BEIJING — China’s top market regulator has described its investigation into Qualcomm’s unapproved acquisition of Autotalks as a routine law enforcement activity conducted under the country’s anti-monopoly law. According to an official with the State Administration for Market Regulation (SAMR), the authority intervened although the deal fell below standard notification thresholds, as it had evidence…
World-leading payment technology companies are joining forces with China’s urban transportation systems to advance payment convenience initiatives, making travel smoother for international visitors while energizing local tourism and consumption. Visa officially launched its Tap to Ride service on the Guangzhou Metro on Sunday, enhancing payment convenience for inbound travelers. Passengers holding Visa contactless chip cards…
L’Oreal Chairman Jean-Paul Agon appears for an event at the 7th China International Import Expo. [Photo provided to chinadaily.com.cn] Jean-Paul Agon, chairman of the L’Oreal Group, detailed the company’s deep-rooted strategy in China, emphasizing localized innovation, a commitment to sustainability, and the pivotal role of cultural exchange. He made the remarks during a visit to Shanghai for the 37th International…
A high-speed train of the Beijing-Tangshan Intercity Railway crosses a bridge in Tangshan, Hebei province. [Photo by Liu Quanguo/For chinadaily.com.cn] The relocation of non-capital functions from Beijing to neighboring Xiong’an New Area in Hebei province has steadily advanced with a series of landmark projects taking shape. In the latest move, Jingjinji (Beijing-Tianjin-Hebei) Intercity Railway Investment,…
The China UnionPay logo is displayed at its booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, on Sept 10, 2025. [Photo/Xinhua] The transaction volume for China UnionPay’s departure tax refund service jumped 1,150 percent year-on-year during China’s National Day holiday this year, the country’s largest payment network said. The surge…
Wahaha bottled water on display at an exhibition in Shanghai, Oct 28, 2024. [Photo/IC] China’s leading beverage producer, Wahaha Group, confirmed on Oct 10 that Zong Fuli resigned on Sept 12 from her positions as the company’s legal representative, director, and chairwoman. The group said the relevant resolutions were approved by both its shareholders and…
A robotic arm works on the production line at Ypsomed Medical Devices Manufacturing (Changzhou) Company in the Sino-Swiss (Changzhou) International Industrial Innovation Park in Changzhou, Jiangsu province, on Sept 18, 2025. [Photo/Xinhua] Ypsomed, a leading Swiss developer and manufacturer of self-injection systems for liquid medications, has significantly boosted its initial investment plan in Changzhou, Jiangsu…
Meitu’s booth is seen during a forum in Nanning, Guangxi Zhuang autonomous region. [Photo provided to chinadaily.com.cn] Meitu Inc, a Chinese tech company known for its popular image-editing app and content-sharing software, is doubling down on generative artificial intelligence technology to improve the production efficiency of the imaging industry. The company has integrated AI into…
Roger Federer talks with young Chinese tennis players during Swiss sportswear brand On’s event in Shanghai on Wednesday. [Photo provided to chinadaily.com.cn] With tennis in China shifting from an elite pastime to a mass sport driven by community engagement, facility upgrades and global collaboration, Swiss sportswear brand On is stepping up efforts to strengthen grassroots…