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Consumers relax at a Peet’s Coffee shop in Zhengzhou, Henan province, on Nov 23. ZUO DONGCHEN/FOR CHINA DAILY China’s coffee market is heating up, with consolidation and premiumization reshaping the competitive landscape. Top Chinese coffee giant by scale, Luckin Coffee Inc, reported a historic surge in revenue and store expansion for fiscal year 2025. The…
Journalists take photos of humanoid robots at Zhongguancun International Innovation Center, venue for the 2025 Zhongguancun Forum (ZGC Forum), in Beijing, capital of China, March 26, 2025. [Photo/Xinhua] The 2026 Zhongguancun Forum will spotlight the theme of full integration between technological and industrial innovation, an official with the Ministry of Science and Technology said on…
Foreign tourists buy souvenirs at a shop in Shanghai. YIN LIQIN/CHINA NEWS SERVICE China’s “Shopping in China” initiative is creating fresh opportunities for multinational companies as the country steps up efforts to boost inbound consumption and further open up its consumer market, said Harley Seyedin, chairman and president of the American Chamber of Commerce in…
A visitor looks at AI-enabled robots at the booth of Hisense during an expo in Las Vegas. ZENG HUI/XINHUA The fundamental complementarity between the Chinese and US economies offers a solid foundation for pragmatic cooperation, but realizing this potential requires mutual efforts, a senior trade expert told China Daily in an exclusive interview. Noting that…
A group of tourists takes camel rides near Crescent Lake in Dunhuang, Gansu, on March 8. [Photo/Xinhua] Camels have a reputation as bad-tempered, irascible beasts,… Read More »Discovering beauty and history in a desert corner of China
Inside a humming factory in Hefei, Anhui province, a 1.66-meter-tall humanoid robot dubbed Lingshu steadies its grip, pivots and places a wafer-thin semiconductor onto a moving line, an extremely high precision task where an aberration of just a fraction of a millimeter could spell failure. The scene, once confined to research labs, is now moving…
Customers try on the Qwen Glasses G1 at the Appliance & Electronics World Expo on March 12 in Shanghai. GAO ERQIANG/CHINA DAILY Flying all the way from Australia to Shanghai to attend his first Appliance & Electronics World Expo, distributor Simon Cuff was impressed by the scale and, most important, the spectacle of the event.…
As officials from China and the United States wrapped up one-and-a-half days of economic and trade talks in Paris on Monday, some US experts described the outcome as a modest but meaningful step toward greater stability in bilateral economic relations. According to Xinhua News Agency, the two sides addressed issues of mutual concern, including tariff…
Shanghai has consolidated its position as a first-rate foreign investment destination through certifying 30 regional headquarters of multinational corporations and 15 research and development centers on Wednesday (March 18), according to official sources. A vast majority of the companies certified are from industries including biomedicine, integrated circuits, high-end equipment, automobiles, as well as fashion and…