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Pony.ai debuts new robotaxi system at Auto Shanghai

James Peng, co-founder and CEO of Pony.ai, delivers a speech at Auto Shanghai on April 23, 2025. [Photo provided to chinadaily.com.cn] Pony.ai unveiled its seventh-generation robotaxi solution on Wednesday at Auto Shanghai, which is the first Level 4 system based on vehicle-grade chips in the world. The new solution, with a designed life of 10…

China’s installed power generation capacity up 14.6%

BEIJING – China’s cumulative installed power generation capacity reached 3.43 billion kilowatts by the end of March, marking a year-on-year increase of 14.6 percent, official data showed on Sunday. Solar power generation capacity amounted to 950 million kilowatts by the end of last month, surging 43.4 percent compared to the same period last year, according…

Honda teams up with China’s Momenta, DeepSeek

Honda’s electric Ye Series are produced in China via its joint ventures with GAC and Dongfeng. [Photo provided to chinadaily.com.cn] Japanese carmaker Honda has announced a major shift in its development strategy, leveraging Chinese technology to meet the rapidly evolving expectations of local car buyers in China. Honda unveiled the plan on Wednesday at Auto…

Retailers up effort to help out exporters

Supply chains and retailers in the country must enhance coordination to accelerate the focus shift of export-oriented enterprises toward the domestic market and help stimulate internal consumption, a senior official at the China General Chamber of Commerce has said. Fu Longcheng, deputy head of the chamber, said that while export-to-domestic sales is not a new…

Bicester collection chair: Diversity and depth of China’s economy unstoppable

Desiree Bollier, chair and global chief merchant of the Bicester Collection told China Daily in an exclusive interview that with China being a key market, the London-based luxury outlet shopping village operator anticipates more growth in the world’s second-largest economy. “China is a huge economy. It’s a force that stands in its own weight and…

China publishes new version of market access negative list

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Auto Shanghai 2025 kicks off

Visitors check out exhibited vehicles at the 21st Shanghai International Automobile Industry Exhibition held in Shanghai, on April 23, 2025. [Photo by Gao Erqiang/chinadaily.com.cn] Themed “Embracing Innovation, Empowering the Future,” the exhibition, also known as Auto Shanghai 2025, kicked off here on Wednesday, attracting nearly 1,000 noted enterprises from 26 countries and regions. Tanks to…

SAIC launches ‘Glocal’ strategy to drive overseas growth

SAIC Motor emphasizes “global vision and local craftsmanship” in its new overseas strategy at Auto Shanghai, which kicked off on April 23, 2025. [Photo provided to chinadaily.com.cn] SAIC Motor unveiled its “Glocal Strategy” on Wednesday, vowing to strengthen its international presence by combining global reach with local adaptation. The strategy, which the carmaker said starts…

AI to lift industrial upgrade, growth

A technician debugs a humanoid robot at a technology company in Shenzhen, Guangdong province, on March 27. LIANG XU/XINHUA China’s emphasis on bolstering the application of fast-evolving artificial intelligence technology in a wide range of sectors will advance industrial upgrades and inject fresh momentum into high-quality economic growth, while creating immense business opportunities for multinational corporations…

Power equipment bright spot among exports

Officials from Fuzhou Customs inspect goods at a power generator manufacturer in Fujian province. CHINA DAILY Propelled by surging global electricity demand and accelerated infrastructure development, China’s power equipment exports will maintain robust growth throughout 2025, said generator manufacturers on Wednesday. They said rising opportunities stem from foreign tech companies’ soaring power needs to develop…