Mercedes-Benz showcases the CAL concept car at the Beijing Auto Show in April 2024. WANG YUTONG/FOR CHINA DAILY Global automotive executives have reaffirmed their commitment to China through sustained investments, underscoring the nation’s role as a hub for technological innovation and industrial progress. Just like other European automotive companies, Mercedes-Benz has been among the biggest foreign…
A person uses DeepSeek app on a mobile phone on Feb 17, 2025. [Photo/Xinhua] Chinese AI company DeepSeek has overtaken OpenAI’s ChatGPT in monthly website visits, becoming the fastest-growing AI tool globally, according to analytics platform aitools.xyz. DeepSeek recorded 525 million visits in February, surpassing ChatGPT’s 500 million, the report said. Three months after the…
Workers match up cells at the production line of Chongqing Haichen Energy Storage Technology Co Ltd in Chongqing on Sept 27. [Photo/Xinhua] China’s energy storage industry is set to experience significant growth through 2027, fueled by a combination of growing market demand and supportive government policies, according to industry experts and company executives. The country’s…
A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] Despite the aggressive “reciprocal tariff” policy announced by the White House, senior economists believe that China’s strong domestic consumption potential and its people-centric investment strategies are well-positioned to offset the risks posed by these tariff hikes. “While the Chinese economy faces challenges, the…
A BYD worker inspects a Song Pro new energy vehicle at a production line in its factory in Zhengzhou, Henan province, on April 4, 2024. [Photo/Xinhua] Advancements in new energy vehicles and intelligent driving technologies are boosting vehicle performance in the auto industry, yet persistent concerns underscore the need for a higher standard evaluation system…
Potential homebuyers look at a property model in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE This year’s Government Work Report, for the first time, proposed stabilizing the real estate market, showcasing China’s strong focus on the critical sector. Given its substantial influence and associated risks, a healthier property industry will play a vital role in…
People learn about a bionic humanoid robot at the Zhongguancun International Innovation Center during the 2025 Zhongguancun Forum Annual Conference in Beijing, capital of China, Mar 27, 2025. [Photo/Xinhua] BEIJING – The recently released 2024 annual reports of China’s listed banks highlight the diverse dynamics of China’s economic development, as banks, serving as the primary…
The logo of US pharmaceutical company Pfizer at the 7th China International Import Expo in Shanghai, on Nov 7, 2024. [Photo/VCG] BEIJING – US pharmaceutical giant Pfizer’s new research and development (R&D) center officially opened at BioPark in the Beijing Economic-Technological Development Area (BDA) on Saturday. As the company’s third R&D center in China, the…
Avatr Chief Design Officer Nader Faghihzadeh explains the details of the limited 012 co-created with former Dior and Fendi artistic director Kim Jones on March 25, 2025. [Photo provided to chinadaily.com.cn] Chinese carmakers have long dreamed of building globally recognized premium brands, and now the goal is within reach as their cutting-edge EVs are captivating…
A worker prefabricates steel for Bohai Oilfield platform at an intelligent manufacturing base in Tianjin, North China, March 30, 2025. [Photo/Xinhua] BEIJING – China’s manufacturing sector has seen growing innovation capabilities, according to an industrial index released by the China Center for Information Industry Development. A report by the center, which is affiliated to China’s…