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Lenders bank on smart tech for upgrade

China’s banking sector is accelerating its push into artificial intelligence, weaving the technology into key areas from customer acquisition and decisionmaking to operations and risk control, as it races to build smarter, more responsive service models. The effort is being reinforced at the policy level, with the country’s central bank calling for the active yet…

Lululemon grows on China market strength

Customers visit a Lululemon store in Shanghai on March 19. CHEN YUYU/FOR CHINA DAILY Global performance apparel company Lululemon Athletica Inc reported modest global growth for the fourth quarter and fiscal 2025, as strength in international markets — particularly China — helped offset slower momentum in North America. Fourth quarter net revenue rose 1 percent…

Experts map bigger global footprint for Hainan FTP

An aerial drone photo taken on Jan 10, 2026 shows a view of the Sanya International Duty Free City in Sanya, South China’s Hainan province. [Photo/Xinhua] With the global economy navigating geopolitical fractures and mounting uncertainty, the ongoing Boao Forum for Asia Annual Conference 2026 delivered a unified message of strategic openness. “Openness brings development,…

China-Russia dialogue focuses on deeper economic ties

Visitors check out imports from Russia during the eighth China International Import Expo in Shanghai in November. CHINA DAILY As the global economic landscape undergoes profound shifts, officials and scholars from China and Russia have called for the accelerated alignment of macroeconomic strategies and financial innovation to support a stable, multipolar world order. The call…

Novartis charts major expansion plan

Visitors use VR headsets to explore Novartis’ medical offerings at the eighth China International Import Expo in Shanghai in November. CHINA DAILY Swiss pharmaceutical company Novartis will expand its research and development, manufacturing capacity and operations footprint in China with a planned investment of more than 3.3 billion yuan ($460 million), the company said. The…

HK’s safe-haven appeal to capital lauded

With tensions flaring up in the Middle East and changes in the international situation emerging, Hong Kong’s stable environment, growth potential, cultural allure, and technological prowess are cementing the special administrative region’s status as a safe harbor for global capital. On Tuesday about 400 family office decisionmakers and next-generation successors from Asia, Europe, the Americas,…

Nation eyes hydrogen push in key plan period

A hydrogen-powered drone is displayed during the China International Hydrogen Congress and Expo in Beijing on Wednesday. LI ZHONGDONG/FOR CHINA DAILY China is pursuing industrial-scale breakthroughs in the hydrogen sector, targeting regional self-sufficiency in renewable and clean low-carbon hydrogen to fuel its broader economic transformation as the nation embarks on its 15th Five-Year Plan (2026-30).…

Humanoid robots pivot to real-world use

Experts and executives participate in a forum on humanoid robotics under the Boao Forum for Asia Annual Conference 2026 in Boao, Hainan province, on Wednesday. ZHANG WEI/CHINA DAILY Humanoid robotics is undergoing a paradigm shift, moving from performance-driven showpieces toward practical, scalable industrial applications and standardized consumer products, according to industry leaders speaking at the…

Enterprises play key role in innovation

As the integration of technological and industrial innovation is becoming central to China’s next stage of artificial intelligence development, enterprises are expected to play an even more essential role in driving breakthroughs, said industry experts and company executives during the Boao Forum for Asia Annual Conference 2026 in Hainan province. The comments came as China…