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Steel sector to push for higher-level supply, demand balance

An employee dispatches hot-rolled steel coils at a hot rolling mill in Ma’anshan, Anhui province, on Feb 28. ZHANG MINGWEI/FOR CHINA DAILY China will step up efforts to address the “involution-style” competition in its steel sector by implementing strict controls on crude steel output, exploring new mechanisms for capacity governance and promoting coordinated efforts among…

Coca-Cola China donates over 500k yuan to expand rural water initiative

The first unit made possible through collective consumer action is now in use at a rural school in Jiangxi province. [Photo provided to chinadaily.com.cn] Coca-Cola China has announced the donation of 15 water purification units, worth more than 500,000 yuan ($73,265) in 2026, expanding a long-running program aimed at improving access to safe drinking water…

AI-enabled pharmaceutical R&D market growing quickly

Staff members collect experimental data at an AI robotics lab in Zhangjiang Science City, formerly known as Zhangjiang Hi-tech Park, in Shanghai’s Pudong New Area on March 26, 2025. CHINA DAILY Artificial intelligence has drawn billions of dollars in global investment as pharmaceutical giants race to accelerate new drug development, yet the AI drug discovery…

Smart healthcare, innovations shine at flagship medical fair

A visitor takes a photograph of a surgical robot during the China International Medical Equipment Fair in Shanghai on Saturday. CHINA DAILY World-class local innovations were the highlight of the China International Medical Equipment Fair, which concluded in Shanghai on Sunday. Multinational as well as local companies showcased groundbreaking products in fields such as surgical…

Catering rises in Q1 as seasonal demand lifts consumption

Visitors enjoy local snacks while appreciating intangible heritage at a market in Hefei, Anhui province, on Feb 22, 2026. [Photo/VCG] China’s catering revenue rose in the first quarter, as seasonal offerings and outdoor dining trends helped support consumer spending, according to data released by the National Bureau of Statistics on Thursday. The data showed that…

Innovation injects drive into pharma industry

Researchers develop new drugs at a lab of Innovent Biologics in Suzhou, Jiangsu province, on Jan 10, 2022. YANG HAISHI/FOR CHINA DAILY After years of pouring billions into research and development, China’s pharmaceutical sector is finally reaping the rewards. As the 2025 annual reporting season unfolds — from traditional pharmaceutical giants to emerging biotech firms…

Accor charts expansion path in nation after 800-hotel milestone

French hospitality major Accor recently celebrated the milestone of its 800th hotel in the Chinese market and is betting big on the world’s second-largest economy, expecting to open 800 more hotels in the next five to six years, said a senior executive with the group. Kent Zhu, CEO of Accor Greater China, unveiled the bold…

AI driving experience economy

A potential carbuyer tries out a new energy vehicle in Qingdao, Shandong province. ZHANG YING/FOR CHINA DAILY As smart cockpit innovations emerge as a key battleground among automakers seeking to enhance user experience and gain a competitive edge, the automotive sector is increasingly embracing the experience economy driven by artificial intelligence-powered innovations. In the race…

Report affirms China’s AI rise

A staff member trains a humanoid robot to carry objects at the Sichuan Humanoid Robot Multimodal Data Collection and Testing Center in Zigong city, Southwest China’s Sichuan province, Jan 8, 2026. [Photo/Xinhua] China is increasingly catching up with the United States in the global race for artificial intelligence leadership despite a 23-fold US investment advantage,…

Norway embraces green tech cooperation with China

The Norwegian delegation at the Norway Pavilion of IE expo China 2026. [Photo provided to International Services Shanghai] Norway demonstrated its commitment to cooperating with China in green tech applications at IE expo China 2026, Asia’s leading trade fair for environmental technologies, which was held in Shanghai from April 13 to 15. Organized by Innovation…