Chinese tech giant Alibaba Group Holdings Ltd’s Qwen model offers a low-cost DeepSeek alternative as US computer scientists have successfully developed a new reasoning model that has been trained for less than $50 with the help of Alibaba’s open-source technology. Several researchers from Stanford University and the University of California, Berkeley have trained their AI…
Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University. [Photo provided to China Daily] The United States President Donald Trump’s aggressive tariff policy is bound to fail, as he overestimates the US market’s significance for China and lacks the leverage he believes Washington has over Beijing, said a senior US economist. Trump’s…
Robots from Unitree Robotics are arranged backstage for a performance at the Spring Festival Gala for the Year of the Snake in January in Beijing.[Photo/Xinhua] Chinese startups have “shown an elegant ‘twist'” to some Western countries that attempt to contain the nation’s technological rise through hegemony, reflected in DeepSeek’s breakthroughs to humanoid robots performing a…
Employees check auto components at a German funded high-tech company in Suzhou, Jiangsu province.[JI HAIXIN/FOR CHINA DAILY] In Taicang, a county-level city in Suzhou, East China’s Jiangsu province, runs the No 103 bus route. The route is peppered with stops that are mostly named after German companies, such as Krones, a leading beverage filling and…
A child participates in activities to celebrate Chinese New Year in London in February.[Photo/Xinhua] BEIJING — On a balmy afternoon on the first day of Spring Festival, a line of nearly 40 people, over half of them Chinese tourists, snaked around the plain ice cream stall of “Uncle Chieng” on Orchard Road, Singapore. “Recently, more…
This photo shows a production launch ceremony of US carmaker Tesla’s gigafactory in Shanghai, Feb 11, 2025. [Photo/Xinhua] Tesla’s energy storage plant in Shanghai’s Lin-gang Special Area commenced operation on Tuesday, as the assembly line started the production of the first Megapack unit. The Megapack, which is an advanced battery system designed for large-scale energy…
Tourists visit an ice and snow park in Harbin, Heilongjiang province, in February.[Photo/Xinhua] HARBIN — In the Baroque Museum in downtown Harbin, host city of the ongoing 9th Asian Winter Games, rows of ice skates lined up against a wall captivate the attention of winter tourists. Liu Chang, collector of the skates, said the “relics”,…
A woman experiences a virtual fitting mirror backed by Alibaba’s AI technologies. [Provided to China Daily] Chinese tech heavyweight Alibaba Group Holding Ltd will partner with US consumer electronics company Apple Inc to roll out artificial intelligence features for iPhone users in China. The move, industry experts said, demonstrates the growing recognition of Alibaba’s capacities…
Employees of Guangdong Xiangguan Optoelectronics work at a research facility in Dongguan, Guangdong province. The company is a major producer of mid- to high-end light-emitting diodes and LED application products. [CHINA DAILY] In the production workshop of Emma CNC Technology Co in Dongguan, Guangdong province, workers are busy debugging intelligent cutting devices and directing them…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] BEIJING – China’s central bank will utilize a variety of monetary policy tools and adjust the intensity and timing of policies as appropriate, based on domestic and international economic and financial conditions, as well as financial market operations,…