An employee oversees a photovoltaic production line in Lianyungang, Jiangsu province. SI WEI/FOR CHINA DAILY China’s private solar power companies are leading innovative growth in the renewable energy sector, driven by the vast market potential and rapid technological advancements, said Yang Aiqing, executive president of JA Solar Technology Co Ltd. Technological development, along with China’s…
An employee comes out of the Baidu headquarters in Beijing. [Photo by Fan Jiashan/For China Daily] Tech giant Baidu Inc reported on Tuesday that its total revenue reached 133.1 billion yuan ($18.24 billion) in 2024, with profits from its core businesses rising to 23.4 billion yuan, marking a 21 percent year-on-year increase. Robin Li, co-founder…
SHENZHEN — Chinese all-in-one social media app Weixin, operated by tech powerhouse Tencent, has officially begun a gray-box test to integrate the DeepSeek-R1 model into its search function, the company announced on Feb 16. Tencent stated that users selected for the test can access the DeepSeek-R1 model for free through the Weixin AI search function.…
Chinese private companies are advancing rapidly amid challenges, with technology not only flourishing in high-end manufacturing and artificial intelligence, but also pioneering innovative growth in traditional sectors, such as agriculture, said Liu Yonghao, founder of New Hope Group. NHG is an agricultural company that participated in a symposium on Monday by China’s top leadership on…
LHASA — Foreign trade in Southwest China’s Xizang autonomous region climbed to 12.67 billion yuan ($1.77 billion) in 2024, marking a 15.4 percent increase from the previous year, Lhasa Customs officials said Monday. Exports rose 15.3 percent year-on-year to 11.32 billion yuan, while imports increased 16.9 percent to 1.35 billion yuan, according to the data.…
GUIYANG — Two new international cargo air routes were launched on Monday, linking Guiyang, the capital of Southwest China’s Guizhou province, with Yangon in Myanmar and Dhaka in Bangladesh. According to Guizhou Civil Aviation Industry Group Co Ltd, operator of Guiyang Longdongbao International Airport, Tianjin Air Cargo operates the routes using Boeing 737-800F all-cargo aircraft…
Xu Guanju, chairman of Transfar Group. [Photo provided to chinadaily.com.cn] China’s private enterprises will work together to embrace another spring for the private economy, said Xu Guanju, chairman of Transfar Group, a leading chemicals manufacturer, after attending a high-level symposium on private enterprises. His comments came as Chinese top leadership reiterated China’s commitment to boosting…
China is set to expedite the revision of its negative list for market entry and remove unnecessary barriers to market access, as part of its larger drive to foster the development of the private economy, the country’s top economic regulator said on Tuesday. “(China) will accelerate the push for revising and updating the negative list…
People taste drinks produced by a Chinese company during the seventh Authentic Asian Food Expo in Pomona city, California, the United States, on Feb 15, 2025. [Photo/Xinhua] LOS ANGELES — Inside a bustling exhibition hall of Fairplex in Pomona city, Southern California, the dazzling array of Chinese food products captivated lots of American visitors. The…
TAIPEI — The application of artificial intelligence (AI) among Taiwan enterprises is still in a “budding stage”, according to a report on the transformation of Taiwan enterprises and their requirements. Released on Monday by PwC Taiwan, the report shows that the region has not yet widely adopted AI application, with only about 8 percent of…