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Toyota’s Lexus to build EVs in Shanghai

Visitors inspect a Toyota Prado SUV at the 2024 Beijing auto show. [CAO YINGYING/CHINA DAILY] Japanese carmaker Toyota on Wednesday that it will build a wholly-owned subsidiary in Shanghai to develop and produce Lexus-branded electric vehicles and batteries. The subsidiary, which will be located in Shanghai’s Jinshan district, will start production in 2027, said Toyota…

Guangdong aims for high-tech industrial development in 2025

The SE01, a humanoid robot developed by EngineAI Robotics, a Chinese artificial intelligence technology company, undergoes a long-distance walking test in Shenzhen, Guangdong province. [Photo provided to China Daily] The provincial leadership of Guangdong recently vowed to accelerate the construction of a modern industrial system supported by the advanced manufacturing industry to promote its high-quality…

China’s leisure economy booms during Spring Festival holiday

Passengers are seen at the waiting hall of Beijing South Railway Station in Beijing, Feb 4, 2025. [Photo/Xinhua] The eight-day Spring Festival holiday from Jan 28 to Feb 4 saw a booming leisure and entertainment market in China. The Ministry of Transport estimated over 2.31 billion cross-regional passenger trips were made during the eight-day Spring…

Toyota to build Lexus factory in Shanghai

Toyota showcases the plug-in hybrid Frontlander SUV at the 2023 Chengdu Motor Show in August. [CAO YINGYING/CHINA DAILY] TOKYO – Toyota Motor Corp announced on Wednesday that it will construct a new Lexus factory in Shanghai as the company seeks to strengthen its development and manufacturing capabilities in the Chinese market. The plant, set to…

‘Ne Zha’ sequel sets box office record for Chinese animation

A moviegoer checks out a poster for Ne Zha 2 at a cinema in Beijing on Thursday. DU LIANYI/CHINA DAILY BEIJING – Fantasy feature “Ne Zha 2” has become the top-grossing domestic animated feature of all time in a milestone for Chinese cinema. As of Wednesday, “Ne Zha 2,” has earned over 5.05 billion yuan…

China experiences Spring Festival cultural and tourism boom

A family poses for a photo in front of a floral display celebrating Spring Festival at Jiefangbei, or the Liberation Monument in Chongqing, on Jan 26, 2025. [Photo/VCG] During the Spring Festival holiday, from Jan 28 to Feb 4, people ventured out to explore the beautiful landscapes of China, immerse themselves in intangible cultural heritage…

China’s Spring Festival holiday box office hits record high of 9.51 billion yuan

BEIJING – China’s film industry set a new record during the 2025 Spring Festival holiday, as the box office for the period from Jan 28 to Feb 4 reached a staggering 9.51 billion yuan ($1.33 billion), the China Film Administration announced Wednesday. The number of moviegoers also soared, with 187 million people attending theaters during…

Mobile payments enhance tourism

A consumer scans an Alipay QR code to pay for the order at a self-service restaurant in Hangzhou, Zhejiang province. [Photo/Xinhua] China’s convenient mobile payment services have bolstered tourism-related consumption and injected fresh momentum into the country’s economic recovery during the Spring Festival holiday, experts and industry insiders said. They added that an increasing number…

Spring Festival boosts travel, consumption as 8-day holiday nears end

Shoppers seen at a supermarket in Zaozhuang, Shandong province. [SUN ZHONGZHE/FOR CHINA DAILY] BEIJING – As China wraps up its 8-day Spring Festival holiday celebrating the start of the Year of the Snake, the world’s second-largest economy has witnessed shopping and travel booms ignited by hundreds of millions of Chinese people’s family reunions. This year’s…

China’s sci-tech museums draw over 3m visits during Spring Festival holiday

Visitors watch a robot dog performance at a sci-tech museum in Jiaxing city, Zhejiang province, on Jan 31, 2025. [Photo/Xinhua] BEIJING – China’s sci-tech museums have received more than 3 million visits during the 2025 Spring Festival holiday, according to the China Science and Technology Museum (CSTM) on Tuesday. The Beijing-based CSTM said that it…