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Kering takes minority stake in major Chinese fashion group

Kering has announced it is acquiring a minority stake in ICCF Group, the parent of Shanghai-based fashion label Icicle, as the French luxury fashion group steps up efforts to tap into China’s evolving high-end market. While the financial terms of the deal have not been disclosed, according to the companies, the partnership combines ICCF’s understanding…

AI for Better Life Forum held at 2026 WIC Asia-Pacific Summit in Hong Kong

The AI for Better Life Forum, a key event of the 2026 World Internet Conference (WIC) Asia-Pacific Summit, was held on April 14 at the Hong Kong Convention and Exhibition Center. Makhsudov Jamol, deputy minister of digital technologies of the Republic of Uzbekistan, and Wu Dong, chief engineer of Cyberspace Administration of China, attended the…

Ministry unveils plans to boost service sector

Visitors interact with a robot from Unitree Robotics during the sixth China International Consumer Products Expo (CICPE) in Haikou, South China’s Hainan province, April 14, 2026. [Photo/Xinhua] China is set to accelerate the opening of its services sector by expanding pilot programs in value-added telecommunications, biotechnology and wholly foreign-owned hospitals, while improving the negative list…

Digital and Intelligent Health Forum held at 2026 WIC Asia-Pacific Summit in Hong Kong

The Digital and Intelligent Health Forum — a key event of the 2026 World Internet Conference (WIC) Asia-Pacific Summit — was held on April 14 at the Hong Kong Convention and Exhibition Center. Under the theme “Digital-Intelligent Integration · Inclusive Health—Toward a People-Centered Smart Health Future,” the event explored the integration of next-generation information technologies…

China ramps up efforts to woo global R&D centers

China will step up efforts to attract multinational corporations to establish research and development operations in the country, leveraging its comprehensive industrial system, highly skilled workforce and vast application scenarios to help global partners tap into the nation’s green, digital and intelligent transformation, the Ministry of Commerce said on Thursday. “Foreign-funded R&D centers have become…

Advancing internet of agents through IPv6 connectivity

At the Forum on Innovation and Application of AI Agent during the 2026 World Internet Conference Asia-Pacific Summit, Latif Ladid, founder and president of the IPv6 Forum, highlighted the need to move from standalone AI systems to networked agents. Ladid described the internet of agents as the next “killer application” after the mobile internet, with…

China launches largest AI4S computing cluster with 60,000 chips

A new supercomputing cluster capable of handling the most demanding scientific AI tasks has gone live in Central China’s Henan province, marking a major step forward in the country’s push to integrate artificial intelligence with scientific research. The cluster, announced by Dawning Information Industry, also known as Sugon, consists of 60,000 specialized processors designed to…

Firms boosting hiring amid global push

Despite rising external uncertainties and complexities, strong recruitment trends by Chinese companies highlight their commitment to ongoing technological advancement and cross-border expansion, according to top executives of the recruitment company PageGroup. Cautious optimism is reflected in a report recently released by the company in Shanghai. Boosted by the stronger outlook of the healthcare, technology, fast-moving…

China’s economic growth accelerates to 5% in Q1

Staff member processes copper rods at a workshop in Huaian, East China’s Jiangsu province, on Jan 19, 2026. [Photo/Xinhua] China’s economic growth accelerated to 5 percent year-on-year in the first quarter of 2026, the National Bureau of Statistics said on Thursday, posting a resilient expansion despite mounting uncertainties. The growth marks an increase from the…