Li Yunze, head of the National Financial Regulatory Administration of China, gives an interview after the opening meeting of the third session of the 14th National People’s Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 5, 2025. [Photo/Xinhua] China will guide its banking and insurance sectors to channel…
China will introduce new policies to strengthen the supervision of the platform economy to foster a healthier market and support platform firms to play a bigger role in competing globally, said the country’s top market regulator at the sidelines of the ongoing two sessions on Wednesday. Luo Wen, head of the State Administration for Market…
Many enterprises are accessing AI large language model platforms after DeepSeek, a Chinese AI startup, released its DeepSeek R1 large model in January, said Yang Chengzhang, member of the CPPCC National Committee and chief economist of Shenwan Hongyuan Securities, during an interview. He stated that the country should take science and technology as the driving…
[Photo provided to chinadaily.com.cn] The AI Computing Power Development Forum, under the theme of “Building an Integrated, Inclusive, and Green AI Computing Power Ecosystem,” hosted by the World Internet Conference (WIC), took place during the Mobile World Congress 2025 in Barcelona, Spain, on Tuesday. Tanks to chinadaily.com.cn Please visit: Our Sponsor
Editor’s note: Despite facing multiple challenges from both internal and external pressures, China’s economy has remained stable, successfully meeting its major annual economic growth targets for 2024. While ensuring steady overall growth, the country has accelerated the transition to new growth drivers, strengthened the foundation for high-quality development, and demonstrated a steady improvement in its…
People interact with a robot dog at the 2025 Global Developer Conference held in Shanghai, East China, Feb 21, 2025. [Photo/Xinhua] Technological innovation has become a growing focus among Chinese exporters and international buyers in sectors such as textile and clothing industries, as reflected by the East China Fair, which took place from Saturday to…
Technological advancement plays a critical role in transforming traditional industries and fostering emerging sectors, and Xiaomi Corp will continue to innovate so as to contribute to China’s path to modernization, said Lei Jun, deputy to the 14th National People’s Congress, China’s top legislature. Lei, CEO and chairman of Xiaomi Corp, said at the sidelines of…
The opening meeting of the third session of the 14th National People’s Congress (NPC) is held at the Great Hall of the People in Beijing, capital of China, March 5, 2025. [Photo/Xinhua] China has set a growth target of “around 5 percent” for 2025, the same as last year’s figure, as the world’s second-largest economy…
Senior executives from FAW Group and Leapmotor pose after the two companies signed a memo for cooperation on March 3, 2025, in Changchun, Jilin province. [Photo provided to chinadaily.com.cn] China FAW Group and Leapmotor signed a memo for strategic cooperation on Monday, aiming to strengthen collaboration in the burgeoning and competitive new energy vehicle sector.…
A government employee works with an online services platform supported by DeepSeek in Beijing on Feb 26. TAO RAN/FOR CHINA DAILY As large language model prices continue to decline, evolving market dynamics and intensified price competition will determine which players thrive in the coming years, said industry experts. “Low pricing doesn’t mean losses. When it comes…