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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…

Cloud providers seen pushing up AI service rates

China’s leading cloud providers are raising the prices of AI-related services, joining a global wave of increases as surging demand for artificial intelligence pushes up infrastructure costs and strains supply chains. Alibaba Cloud said on Wednesday that it would increase prices for AI computing and storage products by as much as 34 percent, citing an…

China IP cashing in on silver screen successes

People browse cinema posters in Renhuai, Guizhou province, Feb 20, 2026. [Photo/VCG] While the global IP market entered an explosive phase last year, the public experienced a fundamental shift in consumer perception, especially for China-themed IPs, which is no longer a mere phenomenon among niche communities, but also an increasingly recognized consumer magnet. Paying for…

New quality productive forces gaining steam

Technicians test an intelligent robot at a high-tech park in Fuzhou, Fujian province. XIE GUUIMING/FOR CHINA DAILY China’s drive to cultivate “new quality productive forces” is gaining momentum, with this year’s Government Work Report highlighting the creation of new forms of smart economy, the deepening of “Artificial Intelligence Plus” initiatives and the development of data…

Strategy for outdated PV panels refined

Technicians check solar panels in Julu county, Hebei province. YANG SHIYAO/XINHUA China has unveiled a comprehensive strategic roadmap to tackle the looming “retirement wave” of solar panels, aiming to transform waste management into a high-tech circular economy. Six government departments, led by the Ministry of Industry and Information Technology, recently issued the guiding opinions on…

Proactive fiscal policy seen in 2026

A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] China will continue to adopt a proactive fiscal policy this year, employing tools such as increased expenditure, a wider deficit and government bond issuance, to stimulate domestic demand and ensure stable economic growth amid rising external uncertainties, officials and economists…

Monetary policy on easing track amid oil price shock

Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China’s monetary policy is set to remain on an easing path to support growth and domestic demand as the United States Federal Reserve held rates steady amid rising oil prices driven by geopolitical uncertainties in the Middle East,…