Shanghai Global Investment Promotion Conference 2025, the annual pageant attracting more business opportunities, will be held on March 25, local officials announced during a news conference on Thursday. An investment-themed week will start from March 25. The opening ceremony will be held in the city’s landmark Shanghai Tower. Three round-tables will be held among private…
A Haier humanoid robot is displayed during the Appliance & Electronics World Expo in Shanghai in March 2024. CHEN YUYU/FOR CHINA DAILY As the ever-increasing power of artificial intelligence spearheads a new wave of technological innovation and industrial revolution, Chinese home appliance manufacturers are accelerating the use of the cutting-edge technology and integrating AI startup DeepSeek’s…
An image shows a solar and wind power station in Daqing, Heilongjiang province, in September. The station is part of Daqing Oilfield’s efforts to ramp up green transition and achieve decarbonization goals. YANG WEI/XINHUA China’s national oil companies are accelerating their transition toward cleaner energy practices, focusing on the efficient utilization of fossil fuels and the…
Shandong province has recorded the start of more than 1,000 construction projects and investments with a combined investment tag of 1 trillion yuan ($138.2 billion), signaling the benefits of efforts aimed at supporting innovative development by various enterprises and job creation. Among these initiatives, which kicked off in late February, there are 635 private investment…
An employee works on a machine tool assembly line in Chongqing on Feb 22. WANG QUANCHAO/XINHUA The expansion of the scope of large-scale equipment upgrades and consumer goods trade-in programs this year is expected to boost demand for machine tools, thanks to the rapid and effective implementation of the policies, the China Machine Tool and Tool…
This photo taken with a mobile phone shows people watching a sand table model of a real estate project in East China’s Shanghai, May 28, 2024. [Photo/Xinhua] Despite headwinds from a complex international environment and internal structural transformation, China’s new quality productive forces and improved consumption are expected to inject vitality into the real estate…
From left to right: Karen Yin, president of AkzoNobel China; Zhou Tao, China region president of DSM-Firmenich; Chen Pu, chief Asia officer of Syensqo; Shen Kelei, executive VP, and president for China unit, Marelli. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in…
China is doubling down on technological innovation, particularly in areas like artificial intelligence and humanoid robots, to prop up economic vibrancy this year, hedge against escalating tariff threats from Washington, and counter sluggish domestic demand, senior economists said. On top of the current consumption boosting-initiatives, policymakers could invest even more in consumer-centric stimulus measures and…
SHANGHAI – East China’s metropolis Shanghai saw a record-breaking tourism revenue of 576.1 billion yuan ($80.3 billion) in 2024, said authorities on Friday. Among the total revenue, domestic tourism revenue achieved approximately 497.3 billion yuan while that of inbound tourism hit nearly $11.1 billion, both hitting a historic high, according to the municipal culture and…
Ole Gerdau, COO at Deutsche Bank China, highlighted that China’s strength in AI might surprise many. With the launch of DeepSeek, China’s unstoppable momentum in AI is clear. Deutsche Bank predicts that 2025 could be a turning point, with global capital shifting focus and increasing allocations to China’s financial market. Tanks to chinadaily.com.cn Please visit:…