SAIC Motor emphasizes “global vision and local craftsmanship” in its new overseas strategy at Auto Shanghai, which kicked off on April 23, 2025. [Photo provided to chinadaily.com.cn] SAIC Motor unveiled its “Glocal Strategy” on Wednesday, vowing to strengthen its international presence by combining global reach with local adaptation. The strategy, which the carmaker said starts…
A technician debugs a humanoid robot at a technology company in Shenzhen, Guangdong province, on March 27. LIANG XU/XINHUA China’s emphasis on bolstering the application of fast-evolving artificial intelligence technology in a wide range of sectors will advance industrial upgrades and inject fresh momentum into high-quality economic growth, while creating immense business opportunities for multinational corporations…
Officials from Fuzhou Customs inspect goods at a power generator manufacturer in Fujian province. CHINA DAILY Propelled by surging global electricity demand and accelerated infrastructure development, China’s power equipment exports will maintain robust growth throughout 2025, said generator manufacturers on Wednesday. They said rising opportunities stem from foreign tech companies’ soaring power needs to develop…
China will kick off on April 24 the issuance of this year’s ultra-long-term special treasury bonds — a major off-budget tool to boost growth and address structural challenges — worth 1.3 trillion yuan ($178.3 billion), as policymakers front-load fiscal stimulus moves to proactively counter the incoming demand shock stemming from US tariffs. To be issued…
Visitors check out NIO’s new brand Firefly at the 21st Shanghai International Automobile Industry Exhibition held in Shanghai, on April 23, 2025. [Photo/VCG] SHANGHAI – Chinese EV maker NIO will expand its Firefly brand to another 16 countries across five continents this year, targeting the fast-growing global compact car market, the company announced at a…
A visitor takes photographs of a 3D screen at the exhibition area of BOE Technology Group Co Ltd during the Display Innovation China Expo in Shanghai on July 4. [Photo provided to China Daily] Chinese display panel manufacturers are accelerating steps to expand their presence in cutting-edge organic light-emitting diode (OLED) display sector, which boasts…
Vehicles to be loaded for export are parked at a port in Shanghai on April 13. LONG WEI/FOR CHINA DAILY Chinese car exports experienced a surge in the first quarter despite looming US tariff threats, driven primarily by enhanced product competitiveness and a slight sales growth in Global South countries, said Cui Dongshu, secretary-general of…
Tourists take photos at the Bund area of Shanghai. [Photo by Wang Gang/For China Daily] Shanghai registered 5.1 percent GDP growth in the first quarter of 2025, up 0.1 percentage point year-on-year, the municipal government said on Wednesday. The first quarter GDP growth was also 0.1 percentage point higher than the whole-year growth of 2024.…
An aerial drone photo shows visitors enjoying the cityscape at The Stage, a new observation deck atop White Magnolia Plaza in Shanghai, East China, April 14, 2025. [Photo/Xinhua] BEIJING – Shanghai’s international financial center construction process is progressing soundly and features notable achievements, particularly through pioneering reforms in cross-border financial services, a central bank official…
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