Skip to content

News

Qingdao’s new policy empowers families and young graduates

Qingdao, a coastal city in Shandong province, recently introduced 12 measures to optimize its population structure and boost the property market, focusing on supporting families with multiple children and young graduates, according to a news conference held in the city on Wednesday. Under the new policy, families with two children will receive a one-time subsidy…

China’s power use up 2.5% in Q1

Two State Grid technicians check power transmission facilities in Chuzhou, Anhui province. [Photo by Song Weixing/For China Daily] BEIJING – China’s electricity consumption, a key barometer of economic activity, reported steady expansion in the first quarter of 2025, official data showed on Friday. Power use rose 2.5 percent year-on-year in the period to hit 2.38…

Strong Chinese economy in Q1 demonstrates resilience, say pundits

The skyline of Beijing. [Photo/VCG] BEIJING – China’s economy delivered a strong start in the first quarter, demonstrating steady performance and resilience, economists and observers have said. The country’s gross domestic product (GDP) grew 5.4 percent year-on-year to 31.8758 trillion yuan ($4.42 trillion) in the first quarter of 2025, data from the National Bureau of…

BMW and ByteDance deepen AI cooperation

BMW Brilliance’s digital subsidiary Lingyue Digital Information Technology. [Photo provided to chinadaily.com.cn] BMW announced on Friday that it is deepening partnership with ByteDance’s Volcano Engine to explore artificial intelligence applications in marketing and services. The collaboration, led by BMW Brilliance’s digital subsidiary Lingyue Digital Information Technology, aims to enhance user experience and optimize dealer operations…

Digital finance forum held during WIC Asia-Pacific Summit

[Photo/wicinternet.org] The Digital Finance Forum, one of the major events of the World Internet Conference (WIC) Asia-Pacific Summit, was held at the Hong Kong Convention and Exhibition Center on April 15 under the theme of “Inclusive Finance Empowered by Digital Intelligence”. [Photo/wicinternet.org] WIC Secretary-General Ren Xianliang; Zhang Donggang, Chair of the University Council at Renmin…

Yacht economy lifts all boats

The international yachting exhibition section during the China International Consumer Products Expo, held in Haikou, Hainan province. SHA XIAOFENG/FOR CHINA DAILY The global yachting world turned its attention to Sanya, Hainan province this week as the fifth China International Consumer Products Expo, held from Sunday to Friday in the provincial capital of Haikou, hosted its first…

Comprehensive bonded zones fuel China’s foreign trade growth

This photo taken on April 9, 2025 shows the site of a firm specializing in flight simulator R&D and training inside the comprehensive bonded zone of Beijing Daxing International Airport in Beijing. [Photo/Xinhua] BEIJING – A truck loaded with 1.3 tons of clothing, hats, sunglasses and other goods departed from the cross-border e-commerce warehouse at…

Changing habits of Chinese consumers may be pot of gold

A visitor experiences a passenger-carrying drone at the booth of EHang at the 5th China International Consumer Products Expo (CICPE) in Haikou, South China’s Hainan province, April 15, 2025. [Photo/Xinhua] The transformation of Chinese consumption habits is accelerating, with consumers poised to boost spending on leisure, entertainment and healthcare goods and services as they shift…

Consumer commodity show unveils tech-driven smart future

This photo taken on April 10, 2025 shows the Hainan International Convention and Exhibition Center, the main venue of the upcoming fifth China International Consumer Products Expo (CICPE) in Haikou, capital of South China’s Hainan province. [Photo/Xinhua] HAIKOU — A seamless integration of cutting-edge technologies into daily life is taking center stage at the ongoing…

Voice from Georgia: AI can build a more prosperous world through collaboration

At the World Internet Conference Asia-Pacific Summit, Besik Bugianishvili, chief executive director and chairman of the Board of Directors of JSC Development Fund of Georgia, shared Georgia’s ambitions for building a globally connected and AI-powered future. From developing a technology center to integrating AI into financial institutions, Georgia is embracing innovation to join the global…