An AI pianist performs at a shopping mall in Shanghai on June 29. [Photo/VCG] BEIJING — China’s State Administration for Market Regulation on Wednesday said that it has released a series of national standards for emerging industries such as artificial intelligence (AI). Seven national standards have been released — covering AI, information technology and the…
China may step up efforts to explore offshore renminbi-based stablecoins as recent legislation in China’s Hong Kong may provide a legal foundation for such innovations, currency experts said, calling it a move that can enhance the country’s role in shaping the evolving global monetary system in the digital era. A stablecoin is a form of…
Batteries are often called the “heart” of new energy vehicles. But how exactly does this “heart” start beating? Today, China Daily takes you inside a special factory in Hefei, Anhui province, where humble little battery cells are transformed from scattered individuals into a united, high-performing honor “class”. Tanks to chinadaily.com.cn Please visit: Our Sponsor
China and the United States have recently confirmed detailed arrangements for implementing the important consensus reached during the phone call between the two heads of state on June 5, and for consolidating the outcomes of their economic and trade talks in Geneva, the Ministry of Commerce said on Friday. In response to media reports that…
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BEIJING – The State Administration of Foreign Exchange has recently granted a total of $3.08 billion in investment quotas to eligible Qualified Domestic Institutional Investors (QDII) to meet the demand for overseas asset allocation, it said Monday. The move aims to further support QDII institutions in conducting cross-border investment activities in compliance with laws and…
BEIJING – China’s finance, taxation, and commerce authorities on Monday unveiled a tax incentive granting foreign investors a 10 percent corporate income tax credit on direct domestic investments funded by dividends from Chinese resident companies. The measure, which takes effect from Jan 1, 2025 through Dec 31, 2028, allows unused credits to be carried forward…
People visit the 3rd Tianjin International Shipping Industry Expo in Tianjin, North China, June 12, 2025. [Photo/Xinhua] Fueled by diverse application scenarios and strong innovation momentum, China has emerged as a prime destination for foreign investment, underpinned by broad strategic advantages amid profound shifts in the global economic landscape, said heads of foreign corporations. Highlighting…
A robot on display at the 20th China International Small and Medium Enterprises Fair in Guangzhou, Guangdong province. CHINA DAILY China has now cultivated over 600,000 high-tech and innovative small and medium-sized enterprises, positioning them as central engines for high-quality growth and global industrial resilience, officials and experts said. Minister of Industry and Information Technology Li…
China has unveiled new guidelines to optimize the evaluation of science and technology achievements, promoting scientific innovation that aligns with key national strategies. The revised guidelines, issued by the Ministry of Science and Technology on Monday, stipulate that the national science and technology awards shall adhere to the national strategic orientation, focusing on the global…