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Pinduoduo unveils in-house brand with 100b yuan investment plan

A consumer walks past an advertisement of e-commerce platform Pinduoduo at a shopping mall in Shanghai. [Photo provided to China Daily] China’s major e-commerce platform Pinduoduo said on Wednesday that it will invest 100 billion yuan ($13.9 billion) over the next three years to build a new self-operated brand initiative, as part of a broader…

Zhuhai port processes 2 million daily e-commerce packages for export

The import and export value through the Zhuhai port of the Hong Kong-Zhuhai-Macao Bridge increased rapidly in the first two months of 2026. [Photo by Lin Changfeng/for chinadaily.com.cn] At the Zhuhai port inspection site of the Hong Kong-Zhuhai-Macao Bridge, trucks loaded with e-commerce packages from all over the country arrive each day to be inspected…

China approves innovative breast cancer therapy by Daiichi Sankyo, AstraZeneca

Daiichi Sankyo and AstraZeneca announce on Friday that their co-developed innovative medicine, Enhertu, has been approved for use in China as a neoadjuvant treatment for early-stage breast cancer. [Provided to chinadaily.com.cn] Japan’s Daiichi Sankyo and the United Kingdom’s AstraZeneca announced on Friday that their co-developed innovative medicine, Enhertu, has been approved for use in China…

China considers measures against Mexico after trade probe

China has determined that certain Mexican trade restrictions targeting China constitute barriers to trade and investment, following an investigation launched last September, the Ministry of Commerce said on Wednesday. The probe found that measures taken by Mexico, including increased import tariffs on countries with which it does not have free trade agreements—including China—have restricted and…

Chongqing leads the way in NEV charging stations

Chongqing has made itself a national frontrunner of supercharging development by constructing 6,318 public charging stations and 50,100 charging piles, including 2,165 supercharging stations, according to recent statistics released by the Chongqing Economic and Information Commission. [Photo by provided to chinadaily.com.cn] Chongqing has positioned itself as a national pioneer in supercharging infrastructure, having constructed 6,318…

Exclusive: Moonshot AI founder talks about future plans as Musk praises work

China’s push into artificial intelligence is entering a new phase, with leading developers seeking not just to compete globally but to reshape how the technology is built, shared and monetized, a prominent AI firm founder said in an interview with China Daily during the ongoing Zhongguancun Forum on Wednesday. Yang Zhilin, the founder of Moonshot…