Visitors watch a movie wearing AI glasses at the China International Consumer Products Expo in Haikou, Hainan province. YANG YURAN/CHINA NEWS SERVICE As China pushes to integrate artificial intelligence more deeply into consumer markets and the real economy, Alibaba Group’s domestic e-commerce arm is using the China International Consumer Products Expo to showcase how AI…
A Lululemon store in Huairou district of Beijing, on April 15, 2026. [Photo/VCG] Lululemon Athletica Inc claimed its products currently sold in China do not contain per — and polyfluoroalkyl substances (PFAS), amid concerns following a US investigation into the potential presence of toxic chemicals in the leisure wear maker’s apparel. Texas Attorney General Ken…
A manager (left) from China Construction Bank visits a manufacturing client to inspect the use of credit funds and learn about the company’s operations in Nantong, Jiangsu province. XU JINGBAI/FOR CHINA DAILY Navigating a complex macroeconomic landscape, China’s listed banks are channeling more credit into industries of the future, while shifting their lending focus toward…
China has significantly raised the cap on overseas lending by foreign-funded banks operating domestically, in a move to deepen capital account opening-up and better support Chinese companies’ global expansion. The adjustment was announced on Wednesday by the People’s Bank of China, the country’s central bank, and the State Administration of Foreign Exchange. Under the new…
The China Import and Export Fair, commonly known as the Canton Fair, kicked off its 139th session in Guangzhou, the capital of Guangdong province, on Wednesday. [Photo provided to chinadaily.com.cn] The China Import and Export Fair, commonly known as the Canton Fair, kicked off its 139th session in Guangzhou, the capital of Guangdong province, on…
At a press conference in Guangzhou on Wednesday, a senior Guangdong official laid out the province’s plans to build a diversified and green power supply security system in line with its intention to develop its clean energy industry during the 15th five-year-plan period (2026-30). The plans include developing safe and efficient nuclear power, offshore wind…
Euro area The first estimates of euro area balance showed a €11.5 bn surplus in trade in goods with the rest of the world in February 2026, compared with + €23.1 bn in February 2025. The euro area exports of goods to the rest of the world in February 2026 were €232.4 billion, a decrease…
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Allan Wang, vice-president of Tesla Inc and president of Tesla China. [Photo provided to chinadaily.com.cn] Positioning Tesla as an AI and robotics company more than an automobile manufacturer, a senior executive of Tesla said the company is able to make significant contributions to the production of robots with its Shanghai gigafactory “a golden key to…
A series of research outcomes under the World Internet Conference (WIC) Think Tank Cooperation Program were released on April 14 at the AI for Better Life Forum and Digital Finance Forum during the 2026 WIC Asia-Pacific Summit. At the AI for Better Life Forum, eight leading think tanks presented findings on topics including AI open-source…