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Banks find natural ally in AI models

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An employee of Bank of Beijing operates a humanoid robot during a recent expo in Beijing. CHEN XIAOGEN/FOR CHINA DAILY China’s listed banks are ramping up the adoption of artificial intelligence, accelerating deployments in the first half as they seek to boost efficiency, enhance customer experience and unlock new growth, with experts saying large AI models…

Outbound tourism surges as young Chinese seek unique experiences

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Bitten by the travel bug, thousands of Chinese people are planning holidays abroad during the upcoming eight-day Mid-Autumn Festival and National Day holiday. Niche destinations and immersive experiences are big draws, with the expansion of visa-free policies and increased international flights providing the perfect boost. According to the United States-based lodging and short-term vacation rental…

World manufacturing convention to take place in fast-growing province

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An intelligent robot of Youibot Robotics carries out inspection work at a park in Hefei, Anhui province. CHINA DAILY China will open the 2025 World Manufacturing Convention on Saturday in Hefei, capital of Anhui province, positioning the inland manufacturing hub as a window for global investment and industrial cooperation. The four-day event, running from Saturday to…

Anhui boosting leading high-tech bona fides

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A view of MAEXTRO’s super factory co-developed by JAC Group and Huawei Technologies in Hefei, Anhui province. CHINA DAILY Inside a sprawling plant in Hefei, Anhui province, rows of robotic arms swing in unison, sparks flash as metal panels fuse into the skeletal frame of a car. On a nearby screen, a digital twin recreates every…

China urges EU to avoid weaponizing tariffs

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Beijing has called on Brussels to abandon the weaponization of tariffs and provide a truly level playing field for Chinese electric vehicle makers, while also welcoming European automakers into China, the Ministry of Commerce said on Thursday. “China’s EV industry has indeed been a driving force behind the broader transformation of the automotive sector toward…

Sustained reforms fuel stable growth

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China must accelerate reform measures to reinforce the stable and healthy development of the capital market in the coming five years as a strategic pivot in transforming the country’s economic growth model, said leading economists and financial experts. Despite Thursday’s market correction, they said the recent rally in Chinese equities, together with the ongoing regulatory…

China will never reach agreement at expense of principles, companies: commerce ministry

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BEIJING — China’s Ministry of Commerce said Thursday that the country’s position on the TikTok issue remains consistent and that China will never seek to reach any agreement at the expense of principles, the interests of companies, and international fairness and justice. Ministry spokesperson He Yadong made these remarks at a regular press briefing when…

China urges EU to avoid weaponizing tariffs, eliminate market barriers

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Visitors inspect a G9 SUV at the XPeng booth in the outdoor exhibition area of the IAA Mobility 2025 in Munich, Germany, on Sept 9. ZHANG FAN/XINHUA China is calling on the European Union to refrain from weaponizing tariffs and eliminating market barriers for Chinese electric vehicle makers. It also welcomed the entry of European…

China pledges greater AI, manufacturing cooperation with ASEAN

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The 2025 China-ASEAN Industry Ministerial Roundtable Meeting is held in Nanning, Guangxi Zhuang autonomous region, on Wednesday. [Photo provided to chinadaily.com.cn] China is committed to supporting businesses from all countries to actively engage in the global division of labor within industrial and supply chains, and enhance complementarity between “Made in China” and “Made in ASEAN”…

Policy in place to spur services consumption

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China has rolled out a new policy package to further drive growth in services consumption. Services consumption for better life quality is thriving in the country, while emerging types of services consumption are demonstrating broad prospects for expansion, the Ministry of Commerce said on Wednesday. The new guideline, issued by the Ministry of Commerce and…