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Policies set to fuel greater innovation

At the Brain-Computer Science Innovation Demonstration Center in the Yuhang district of Hangzhou, in East China’s Zhejiang province, an employee of neurotechnology company BrainCo, who lost his arms, has rekindled his passion for calligraphy, using an intelligent bionic hand to hold a brush and write with ink. Behind the scenes is BrainCo’s non-invasive brain-computer interface…

China brewing up business for African coffee beans

Visitors try Ethiopian coffee during an expo in Shanghai. MENG CHENGUANG/XINHUA China’s zero-tariff policy for 53 African diplomatic partners took effect on May 1, boosting coffee imports via Shanghai, China’s key port, and benefiting numerous African coffee farmers. The Hongqiao International Coffee Industry Chain Ecosystem Conference was held in Shanghai from Tuesday to Wednesday. Its…

Potential of China trade fair is explored

The China International Fair for Investment and Trade is to be built into a landmark event under the “Invest in China” initiative and a key public platform to promote two-way investment, a senior Chinese investment promotion official has said. The same official talked up its potential of playing an increasingly vital role in guiding global…

Boeing plan eases aviation ties after years of strain

The booth of Boeing during an expo in Xi’an, Shaanxi province. CHINA DAILY China agreeing to purchase 200 aircraft from Boeing is expected to bolster commercial ties between China and the United States, especially in the aviation sector, as industry analysts said the agreement represents a partial easing of strained industrial ties after nearly a decade.…

Wider opening-up to draw more foreign investment

Participants attend the 2026 Suzhou Global Investment Promotion Conference on Thursday in Suzhou, Jiangsu province. The conference was held as a sideline event to the APEC Ministers Responsible for Trade Meeting. CHINA DAILY China will remain a prime long-term destination for global investors, driven by its vast consumer market, deeper opening-up and rapid advances in digital…

AI making mark on global phone market

Chinese smartphone brand iQOO has unveiled its latest model. [Photo provided to chinadaily.com.cn] While the global smartphone market continues to contract, AI-powered devices have emerged as a rare bright spot, according to latest data from the market research company Canalys. In the first quarter of 2026, worldwide shipments of AI smartphones soared 320 percent year-on-year.…

Lenovo pours 1 trillion tokens of computing power into AI ecosystem

Liu Jun, president of Lenovo China. [Photo provided to chinadaily.com.cn] Chinese tech heavyweight Lenovo has announced a massive push to accelerate the development of its Tianxi AI ecosystem, pledging 1 trillion tokens of computing power and establishing a multi-million-yuan incentive fund for developers and users. The move aims to foster collaboration among industry partners, developers…

Beijing warns EU over plans to target Chinese products

China has expressed firm opposition to the European Union’s reported plan to introduce a new trade tool, the Ministry of Commerce said on Thursday, warning that Beijing will take resolute countermeasures if the bloc rolls out such a tool targeting Chinese companies or products. The response came after media reports that the European Commission is…

Tesla’s full-blown FSD version not available in China

Tesla’s complete version of full self-driving technology has not yet got official approval in China, sources familiar with the matter told China Daily on Thursday, but they said progress is under way and regulatory framework for advanced driver-assistance technologies, including Tesla’s, may come soon. Market attention has recently focused on the potential progress of China’s…

State-backed investors eye nation’s top AI startups

China’s powerful State-backed investors are piling into the country’s top artificial intelligence startups, turning the efforts over large language models from a venture capital frenzy into a strategic national move over technological self-sufficiency. Moonshot AI, a leading Beijing-based startup behind the Kimi chatbot, has added a cluster of State-backed funds and government-linked investors to its…