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Event stresses global ties to spur robots’ role

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A robot on display at the 2024 World Robot Conference, which kicked off in Beijing on Wednesday. LI MUYI/FOR CHINA DAILY Heightened efforts are needed to strengthen international cooperation in the robotics industry, speed up the application of robots in a wider range of industries, and jointly build efficient and stable robotics industry and supply chains,…

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Local government debt risks subside on effective resolution moves

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China’s economic growth and the expansion of its debt are intricately intertwined, with the synchronized growth of debt and asset accumulation exemplifying the unique characteristics of the country’s economic development. A comprehensive understanding of China’s national conditions is essential for discussing local debt risks and the effectiveness of debt resolution measures. Since the 18th National…

SOE profits, share value prioritized

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Employees from a subsidiary of China Shipbuilding Industry Corp install clean-energy equipment in Nantong, Jiangsu province. [Photo/Xinhua] While central regulators have placed more emphasis on State-owned enterprises’ market value, the overall quality of such A-share companies should be further improved so that investors can benefit from their higher profitability and the country’s high-quality development can…

China’s BYD enters Pakistani market

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BYD showcases three models at an experiential event held in Lahore, Pakistan, on Aug 17, 2024. [Photo provided to chinadaily.com.cn] Chinese new energy vehicle maker BYD is to launch three models soon in Pakistan, as it steps up efforts to explore overseas markets. The Sealion 6, Seal, and ATTO 3 were showcased at an experiential…

World Robot Conference 2024 opens in Beijing

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This photo shows an exterior view of the venue for the 2024 World Robot Conference in Beijing, Aug 21, 2024. [Photo/Xinhua] The 2024 World Robot Conference featuring 169 companies showcasing over 600 innovative products, including more than 60 new launches, began in Beijing on Wednesday. Tanks to chinadaily.com.cn Please visit: Our Sponsor

2024 Bund Summit to address global Financial challenges in Shanghai

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The 6th Bund Summit is scheduled to take place in Shanghai from Sept 5 to 7. [Photo provided to chinadaily.com.cn] Shanghai’s Huangpu district is set to host the 6th Bund Summit from Sept 5 to 7 under the theme “Navigating a Changing World”. Jointly organized by the China Finance 40 Forum (CF40) and the China…

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Sino-African economic, trade cooperation reaches new heights

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University students operate equipment at a workshop in Tananarive, capital of Madagascar, April 26, 2024. [Photo/Xinhua] BEIJING — China-Africa economic and trade cooperation has continued to scale new heights since the 2021 Forum on China-Africa Cooperation, delivering tangible benefits to the people of both China and Africa, said Assistant Minister of Commerce Tang Wenhong. Tang…

Geely’s H1 revenue hits record high

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The Geely logo is seen on a rim at a car dealership in Shanghai, on Aug 17, 2021. [Photo/Agencies] Geely Automobile Holdings saw its operating revenue hit a record 107.3 billion yuan ($15.05 billion) in the first half this year, soaring 46.6 percent year-on-year, said the Hong Kong-listed carmaker on Wednesday. The Chinese conglomerate delivered…

Top 10 big data enterprises in China in 2023

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The Big Data Industry Ecological Alliance released the Top 50 Big Data Enterprises in China 2023 on Jan 22. It was found that private tech giants and internet enterprises raked in a large number of positions on the list. Let’s take a look at the top 10 enterprises. Tanks to chinadaily.com.cn Please visit: Our Sponsor

China pioneers world’s first breakthrough in data transmission amid ChatGPT boom

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[Photo/VCG] China has made major breakthroughs in a computing power technology that can reduce data transmission costs by 50 percent, which was the first of its kind worldwide, amid the scarcest AI computing boom to support ChatGPT-like applications, a top expert said on Thursday. The technology, dubbed optoelectronic integrated wide-area deterministic network technology, is a…