This photo taken on Feb 20, 2025 shows a monitoring robot at Tianjin Siasun Intelligent Technology Co Ltd in the Beijing-Tianjin Zhongguancun Tech Town, in Tianjin, North China. [Photo/Xinhua] As a key cooperation platform for Beijing and Tianjin to jointly implement the national strategy for the coordinated development of Beijing-Tianjin-Hebei region, and the first asset-heavy…
Customers shop at a Xiaomi store in Chengdu, Sichuan province. [Photo/Xinhua] The expanded pro-consumption policy, which comprises measures such as subsidies for digital products and home appliances, is driving significant sales growth and deeper market engagement for international brands doing business in China, which is benefiting both retailers and consumers, market insiders and experts said.…
A passenger takes a trial ride on the EH216-S in Guangzhou, the capital of Guangdong province, in December. [Photo provided to chinadaily.com.cn] Unmanned aerial vehicles will start commercial operation in 2025, with more low-altitude aircraft entering the airworthiness certification and pilot application stage in Guangzhou, the capital of Guangdong province, according to Chen Tengfei, a…
A view of Beijing’s CBD area on Aug 19, 2022. [Photo/VCG] BEIJING – Foreign reinvestment in China benefiting from a preferential policy to temporarily exempt certain profits obtained by overseas investors from withholding income tax have seen rapid growth in 2024, data from the State Taxation Administration revealed on Thursday. The total value of reinvestment…
Signage for Morgan Stanley atop a building in Beijing on July 19, 2023. [Photo/VCG] Morgan Stanley has upgraded its outlook on offshore Chinese equities, shifting from a bearish to a more optimistic stance, wallstreetcn.com reported on Thursday. The firm highlighted a structural shift in the Chinese equity market, projecting that technological breakthroughs will drive a…
High-rise buildings dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang / chinadaily.com.cn] Shanghai has announced the continuation of a comprehensive set of measures aimed at reducing operational costs to bolster the business environment and support the development of enterprises. The announcement was made during a news conference…
Tian Xuan, associate dean of Tsinghua University’s PBC School of Finance. [Photo provided to chinadaily.com.cn] The rise of DeepSeek and Ne Zha 2 signifies that China’s innovation ecosystem is gaining a stronger foundation, paving the way for the emergence of more groundbreaking innovations that “we might not even be able to imagine now”, said a…
BEIJING — China will increase credit support for private enterprises, the country’s financial regulator has said. Efforts should be made to maintain a stable and effective increase in credit supply to private enterprises, and to strengthen support for first loans, renewals and credit loans to small and micro companies, the National Financial Regulatory Administration said…
The 2025 Global Developer Conference took place from Feb 21 to 23 in Shanghai’s Xuhui district, attracting developers from around the world to witness and share groundbreaking achievements in artificial intelligence. Several domestic and international developers shared their views on the profound impact of DeepSeek, an open-source large language model. Andrew Aitken, technical oversight committee…
Though China faces some challenges related to exchange rates and economic growth this year, partly due to external uncertainties, its importance in the global economy remains unchanged, especially at a time when the world is undergoing a reconfiguration in supply chains and capital flows, according to a senior executive at a global asset manager. Expecting…