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Chinese wind turbine manufacturers sweep top 6 global market positions

China’s wind power sector has reached a historic milestone, propelling domestic manufacturers to the forefront of the global energy transition, according to a recently released report. For the first time, Chinese turbine makers have swept the top six positions in the global market share rankings, as the nation became the world’s first market to add…

Baidu Smart Cloud signs a deal with Bear Electric Appliance

Baidu Smart Cloud inked a deal with Bear Electric Appliance Co Ltd, a maker of small home appliances based in Foshan, Guangdong province, on Thursday, the first day of the Appliance and Electronics World Expo 2026. According to the deal, the two sides announced that they will launch an AI strategic cooperation with a scale…

Contract templates urged for BRI projects

As Chinese enterprises accelerate their global expansion, Mo Dingge, a deputy to the National People’s Congress, has highlighted the urgent need for “soft infrastructure” — specifically standardized contract templates — to accompany the nation’s engineering prowess in economies involved in the Belt and Road Initiative. Mo, who is also chairman of China National Chemical Engineering…

TCL chief calls for greater focus on differentiated products, services

Robot products attract visitors at the booth of TCL during an expo in Las Vegas. ZENG HUI/XINHUA Expanding domestic demand calls for a greater focus on differentiated products and services that better meet diverse consumer needs, said Li Dongsheng, a deputy to the National People’s Congress, who noted that tapping the full potential of China’s…

First China-built offshore fracturing vessel delivered

Marking a significant breakthrough in marine engineering, China officially delivered its first self-designed and built integrated large-scale offshore fracturing vessel in Zhoushan of Zhejiang province on Tuesday. The vessel fills a critical technical gap in China’s offshore oil and gas fracturing stimulation technology and equipment. Its deployment is expected to substantially enhance the nation’s offshore…

AmCham: 45 percent of firms rank China as top global investment priority

Harley Seyedin (third from left), chairman and president of AmCham South China, said China’s position as a leading global investment destination continues to strengthen. [Photo by Zheng Caixiong/chinadaily.com.cn] Despite trade tensions, China’s position as a leading global investment destination continues to strengthen, a recent report has shown. According to the 2026 Special Report based on…

MNCs bullish on China’s growth plans, policies

Editor’s Note: This year’s two sessions, which opened on March 4, come at a pivotal moment as China embarks on its 15th Five-Year Plan (2026-30). We invited executives from multinational corporations to share their perspectives on the resilience of China’s economic growth, the role of their China operations within global strategies, and their outlook for…

Global biz benefiting from China’s consumption upgrade

People shop at a downtown duty-free shop in North China’s Tianjin municipality, Nov 28, 2025. [Photo/Xinhua] Waiting in line for tax refunds, once a familiar scene for Chinese tourists at airports and designated tax-refund service points in luxury department stores such as Galeries Lafayette in Paris and Ginza Mitsukoshi in Tokyo, is fast becoming ubiquitous…

Alibaba steps up focus on Qwen LLM

People walk past the booth of Qwen during the 2026 Mobile World Congress (MWC) in Barcelona, Spain, March 2, 2026. [Photo/Xinhua] Chinese tech heavyweight Alibaba Group is reorganizing leadership and stepping up resources around its Qwen large language model following the departure of a key technical leader, as competition intensifies among China’s major tech companies…

UniCom showcases achievements at MWC2026 to empower global industrial digital upgrading

[Photo provided to chinadaily.com.cn] Under the theme “Co-creating an Intelligent Digital Ecosystem”, UniCom presented its achievements in Computing Network-Based Digital Infrastructure, Digital-Real Integration, and Innovation-Driven Future at the 2026 Mobile World Congress (MWC), which took place in Barcelona, Spain, from March 2 to 5. As a leading global provider of integrated digital service, UniCom focuses…