The world has been wowed by the meteoric rise of Chinese AI app DeepSeek. Why can China come up with amazing AI innovation? Ma Jun, senior vice-president of Volvo Group and president of Volvo China Investment Co Ltd, said: “With its vast market and diverse application scenarios, China provides a unique space for AI innovation.…
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BEIJING — China’s railway passenger trips increased by 4.7 percent year-on-year to 726 million during the first two months of 2025, hitting an all-time high, China’s railway operator said Monday. This growth was partly driven by the annual Spring Festival travel rush, which led to a significant rise in cross-regional population movement, according to the…
This Chinese New Year, Budweiser’s newly launched limited-edition “Renewal Bottle” did more than just sell beer — it ignited joy, revitalized local economies, and instilled hope into people’s hearts during China’s most important holiday season. Tapping into the cultural pulse: A ritual for renewal The company’s “Renewal Bottle” has succeeded in transforming the simple act…
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BEIJING — A Chinese open-source AI model is shown to rival top-tier global competitors such as DeepSeek R1, despite its smaller size, representing another step forward in balancing performance and efficiency in AI application. The QwQ-32B, unveiled last Thursday by Alibaba’s Qwen team, operates on just 24 GB of video memory with only 32 billion…
China has kept its response to Trump’s unpredictable tariff policies deliberately calm. While the world remains distracted by the U.S. president’s bizarre and constant shifts on issues like Ukraine, the EU, the Gulf of Mexico’s name, USMCA, NATO, or whatever new policy emerges from the Oval Office, China quietly sticks to its own playbook, steadily…
From left to right: Janice Hu, China country head, UBS AG; chairperson of UBS Securities Co Ltd; chair of Global Banking China, UBS; Anu Rathninde, president of Johnson Controls Asia-Pacific; Xie Xue, CEO of Vale China; George Xu, Airbus executive vice-president and Airbus China CEO. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China…
BEIJING – Improving people’s living standards remains a priority for China’s government work this year, Huang Lianghao, an official with the Research Office of the State Council, said in the latest episode of the China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency. “This year’s government work report emphasizes prioritizing people’s livelihoods,”…
An aerial image shows the Boao Near-Zero Carbon Demonstration Zone constructed by China Railway Construction Corp in Hainan province. CHINA DAILY Prioritizing green building and decarbonization to forge ahead with the green transition of the construction sector is a path China must tread to achieve greater urbanization, said a member of the 14th National Committee of…