Consumers gather at a jewelry store in Wuhan, Hubei province, on Jan 20. ZHOU GUOQIANG/FOR CHINA DAILY Luxury gold products have shown remarkable resilience despite mainstream jewelry sales being hit following 40 record-breaking surges in gold prices, with spikes going up to 30 percent. Laopu Gold Co Ltd’s share price skyrocketed by over 70 percent…
Unlike the closed systems of major artificial intelligence companies in the United States, the Chinese startup sensation DeepSeek has embraced an opensource approach. That path is seen by some as fostering collaboration and experimentation that could lead to faster breakthroughs. Its web-based chat interface and mobile app are free to use. The strategy contrasts sharply…
A moviegoer checks out a poster for Ne Zha 2 at a cinema in Beijing on Thursday. DU LIANYI/CHINA DAILY Riding a wave of blockbusters, the Spring Festival holiday — the country’s most lucrative box office season — set a record on Monday as the highest-grossing in history for the holiday period. As of 9:30…
Cruise ship Piano Land is berthed at Sanya Phoenix Island International Cruise Port in South China’s Hainan province, on Jan 3. SHA XIAOFENG/FOR CHINA DAILY Benefiting from the speedy recovery of China’s cruise industry, both domestic and international cruise operators are actively positioning themselves for home port operations and offering diversified and creative services in…
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China’s economic activity came to a halt last week due to the festivities, so we had some time to digress into other trade-related matters. For example, we asked two LLMs to give their best shot at predicting the global market share of electric car production over the next five years. Here’s what they came up…
An increasing number of Chinese firms are poised to follow DeepSeek in pushing forward innovation and cooperation and making global breakthroughs despite rounds of sanctions from the United States, industry experts said on Sunday. They made the comments after the US National Security Council is reportedly to look at the alleged national security implications of…
China will file a lawsuit with the World Trade Organization and take necessary countermeasures to safeguard its own rights and interests, the Ministry of Commerce said on Sunday after the United States announced it would impose a 10 percent additional tariff on goods from China. The Ministry of Commerce said this move fails to solve…