Lujiazui, Shanghai’s financial center, provides a stunning backdrop to the Bund. [Photo by Wang Gang/For China Daily] The gross domestic product of 27 Chinese cities surpassed 1 trillion yuan ($137.87 billion) in 2024, according to People’s Daily overseas edition on Monday. Shanghai, China’s financial hub, and Beijing, the capital city, claimed the first and second…
Putin met with Xi in Beijing on February 4, 2022. During the meeting, they issued a joint statement declaring a ‘no-limits’ friendship. Three weeks later, Russia invaded Ukraine.The ‘no-limits’ friendship has driven mutual trade over the three years since the invasion, surpassing the previous seven years. This highlights how China has thrown Russia a lifeline—one…
Chinese tech giant Baidu Inc announced on Sunday night that it will integrate DeepSeek’s large language model into its search engine and proprietary Ernie model, as part of broader push to diversify users’ search experience. The company also revealed plans to launch its next-generation AI model, Ernie 4.5, in the coming months. This new version…
[Photo/VCG] The A-share market rose on Monday morning as news that Central Huijin Investment, an arm of China’s sovereign wealth fund, is set to take control of four major State-owned financial institutions, further strengthening investor sentiment. The move, according to analysts, will enhance the ability of State-owned distressed asset managers to resolve risks and improve…
An aerial drone photo shows a view of the Tangshan Port in North China’s Hebei province, Jan 13, 2025. [Photo/Xinhua] Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, gave an exclusive interview to China Daily. The following is the full text of the interview: Q1: How do you see Trump’s decision…
The user interface of the DeepSeek app. CHINA DAILY More than a dozen major automakers in China have integrated artificial intelligence startup DeepSeek’s popular large language model into their own systems, shifting the focus of their competition from autonomous driving to intelligent onboard experiences. On Feb 6, just two weeks after the startup shocked Silicon Valley…
Zhang Xin, a white-collar worker from Shanghai, made advance reservations to spend the Spring Festival holiday enjoying snow in Northeast China’s Jilin province. Zhang, together with his 7-year-old son, practiced snowboarding techniques under the guidance of an instructor at Changbaishan International Resort. They progressed from falling repeatedly at first to gaining some proficiency. Zhang humorously…
Visitors inspect a BYD Seagull at the Changchun auto show, Jilin province, in July. TANG KE/FOR CHINA DAILY Smart driving, which has until recently been reserved for premium brands, will soon become as standard as safety belts: BYD is making the feature available in cars priced less than $10,000. China’s largest electric vehicle manufacturer announced last…
A parade with local cultural elements attracts shoppers at a department store in Jinhua, Zhejiang province. [SHI BUFA/FOR CHINA DAILY] China’s shopping centers saw broad growth in sales, foot traffic and rental income in 2024, according to a shopping center industry report, recently released by the China Chain Store & Franchise Association. The report found…
A worker transports cargo with a forklift at the Urumqi International Land Port Area in the Xinjiang Uygur autonomous region in July. CAI ZENGLE/FOR CHINA DAILY URUMQI — Despite mounting pressure from Western countries over issues like so-called “forced labor” and import restrictions and sanctions, Northwest China’s Xinjiang Uygur autonomous region achieved a historic high…