Visitors marvel at a humanoid robot, developed by Unitree Robotics, at the 26th China Hi-Tech Fair held in Shenzhen, Guangdong province, on Dec 16, 2024. [Photo/VCG] Shenzhen, in South China’s Guangdong province, plans to launch special supportive policies, including 4.5 billion yuan ($630 million) financial incentives, to boost the city’s artificial intelligence and robotics industry.…
The skyline of Beijing. [Photo/VCG] GUANGZHOU – The American Chamber of Commerce in South China (AmCham South China) released on Wednesday its 2025 Special Report on the State of Business in South China, which highlighted that the world’s second-largest economy continues to be an attractive investment destination. This year’s report, the 21st in the series,…
A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – The National Financial Regulatory Administration (NFRA) on Wednesday announced that China will lower the asset requirement threshold for Hong Kong and Macao financial institutions to invest in mainland insurers, as part of its efforts to deepen opening-up in the…
SAIC Motor’s booth at the 2024 China International Industry Fair in Shanghai in September. [CHINA DAILY] SAIC Motor is undergoing a profound transformation, as the once-unchallenged giant in China’s auto industry struggles to explore a future in the vehicle market. It has embraced Huawei in a partnership and is set to launch a new EV…
Humanoids of Unitree Robotics at the World Robot Conference in Beijing in August. CHINA DAILY When I recently visited Unitree Robotics, a cutting-edge Chinese humanoid robot company in Hangzhou, Zhejiang province, I decided to test their creation in a unique way. I volunteered for an experiment — having both the robot and myself standing side…
Representatives from Kingdee group and Qatar pose for photographs during the launch ceremony of Kingdee’s Qatar headquarters on Tuesday. [Photo provided to CHINA DAILY] Kingdee, a Chinese software as a service (SaaS) company serving over 7.4 million customers worldwide, has opened a regional headquarters in Qatar, intending to widen its footprint in the Middle East…
[Photo/VCG] BEIJING – China’s tax cuts, fee reductions and tax refunds aimed at supporting sci-tech innovation and the manufacturing industry benefited privately-owned market entities and stimulated the country’s private sector in 2024, official data showed on Wednesday. Total tax cuts, fee reductions and tax refunds resulting from these supportive policies amounted to approximately 2.63 trillion…
Geely showcases its Star Wish compact vehicle at the Guangzhou auto show in November. [LI FUSHENG/CHINA DAILY] Chinese carmakers have continued their strong performance, capturing a larger share of the world’s largest automotive market. According to figures from the China Association of Automobile Manufacturers, sales of Chinese-branded cars in January surged to 1.45 million units,…
Newly married couples seen at a photo shoot in Yunxiang Mountain in Dali, Yunnan province, on July 18. [CHINA DAILY] Artificial intelligence is poised to bring a love story makeover to China’s wedding industry, as Hunliji, a leading Chinese wedding service platform, embraces AI to meet the demands of a younger, tech-savvy generation. Yu Zhe,…
Consumers gather at a Mixue Bingcheng store in Shenzhen, Guangdong province. CHINA DAILY ZHENGZHOU – Chinese beverage company Mixue Bingcheng’s public offering subscription phase concluded on Wednesday, with the financing amount setting a new record for IPOs on the Hong Kong stock market. In its current IPO, Mixue Bingcheng, headquartered in Zhengzhou, capital city of…