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Green consumption, rental options embraced by youth

Customers shop for a new energy vehicle at an auto dealership in Nanhu district, Jiaxing, Zhejiang province, on Feb 21. A series of “Spring Festival Renewal” consumption promotion campaigns launched by major home appliance stores and car dealerships across Jiaxing have attracted a large number of consumers. JIN PENG/FOR CHINA DAILY Fueled by the strategic…

Versatility of bamboo knows no bounds

Workers are busy producing bamboo straws for both domestic and foreign markets at an intelligent production workshop in Chizhou, Anhui province, on April 25, 2024. CHEN LEI/FOR CHINA DAILY Amid the lush mountains of Chizhou, in Anhui province, over 41,333 hectares of bamboo stretch toward the sky, representing not just a vibrant landscape, but a…

China Unicom plans computing power expansion

A China Unicom sign at an expo in Guangzhou in December. [Photo/VCG] Major telecom operator China Unicom has said more than one-third of its planned capital expenditure in 2026 will be allocated to computing power development. The announcement came as the company released its annual results on Thursday, reporting that, for the 12 months ending…

Big cities lead housing recovery

Boards displaying pre-owned home listings stand on display at a real estate agency in Shanghai on Feb 4. CHINA DAILY A pickup in transactions in the pre-owned housing market in China’s top-tier cities signals a clear recovery, with industry experts suggesting the trend could lead to stabilization in the residential property market. A wave of…

QCraft CEO says ‘physical AI’ is key to closing self-driving gap

Yu Qian (right), co-founder and CEO of QCraft, talks with Ferdinand Dudenhoeffer, director of the Center Automotive Research, at an industry forum in Munich, Germany, on March 19, 2026. [Photo provided to chinadaily.com.cn] At a time when artificial intelligence can defeat world champions in board games yet still struggles to match human drivers on open…

Apple announces China skills development donation

Apple has announced it is donating to a program aimed at enhancing employment and skills development for young people in less-developed areas of China. The youth employment and workforce development program, run by the China Development Research Foundation (CDRF), will establish partnerships with vocational schools, industry leaders, researchers and policymakers to equip students with the…