China’s Ministry of Industry and Information Technology and the Ministry of Finance have jointly established a 60 billion yuan ($8.2 billion) national artificial intelligence fund to fast-track strategic investments in AI infrastructure and cutting-edge technologies, a senior official said on Friday. The move underscores China’s push to solidify its global leadership in AI amid intensifying…
Qingdao, a coastal city in Shandong province, recently introduced 12 measures to optimize its population structure and boost the property market, focusing on supporting families with multiple children and young graduates, according to a news conference held in the city on Wednesday. Under the new policy, families with two children will receive a one-time subsidy…
The skyline of Beijing. [Photo/VCG] BEIJING – China’s economy delivered a strong start in the first quarter, demonstrating steady performance and resilience, economists and observers have said. The country’s gross domestic product (GDP) grew 5.4 percent year-on-year to 31.8758 trillion yuan ($4.42 trillion) in the first quarter of 2025, data from the National Bureau of…
This photo taken on April 9, 2025 shows the site of a firm specializing in flight simulator R&D and training inside the comprehensive bonded zone of Beijing Daxing International Airport in Beijing. [Photo/Xinhua] BEIJING – A truck loaded with 1.3 tons of clothing, hats, sunglasses and other goods departed from the cross-border e-commerce warehouse at…
This photo taken on April 10, 2025 shows the Hainan International Convention and Exhibition Center, the main venue of the upcoming fifth China International Consumer Products Expo (CICPE) in Haikou, capital of South China’s Hainan province. [Photo/Xinhua] HAIKOU — A seamless integration of cutting-edge technologies into daily life is taking center stage at the ongoing…
People visit the UK pavilion during the fifth CICPE in Haikou, Hainan province, on April 13. WANG CHENGLONG/FOR CHINA DAILY HAIKOU — The fifth China International Consumer Products Expo, held in the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global enterprises. This year’s expo has drawn record participation…
“I think we are seeing a transformation now in the Chinese exhibition industry,” said Marius Berlemann, chief operating officer of Messe Dusseldorf Group, in an exclusive interview with China Daily Website, “that exhibitions here are really also becoming a lighthouse of each respected industry.” What will be the latest innovations? What will be the trends…
File photo shows the national flags of China and the United States. [Photo/Xinhua] China has maintained communications with its counterparts in the United States, and China’s position has always been clear, which is having an open attitude toward economic and trade consultations with the US, the Ministry of Commerce said on Thursday. The unilateral imposition…
An aerial photo of the exterior of the 137th Canton Fair complex in Guangzhou, South China’s Guangdong province, on April 15, 2025. [Photo/VCG] The booming China Import and Export Fair or Canton Fair has demonstrated the resilience of Chinese foreign trade, Chinanews.com reported on Wednesday. A total of 64,530 overseas buyers attended on-site, marking an…
File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s central bank has released a new guideline on the compliance of cross-border data flow in the financial sector to make the cross-border flow of financial data from Chinese and foreign financial institutions more efficient and standardized. The People’s Bank of…