Skip to content

News

Ericsson bets on nation’s innovation to power its AI evolution

Visitors check out the venue guidance map prior to the 2026 Summer Davos, also known as the 17th Annual Meeting of the New Champions, in Dalian, Liaoning province, on June 22. ZOU HONG/CHINA DAILY China will remain one of Ericsson’s important markets as the Swedish telecoms equipment maker doubles down on next-generation mobile networks as…

Growth outlook lifts sentiment

Guests speak at a session themed “A World Out of Balance” during the 2026 Summer Davos forum in Dalian, Liaoning province, on Tuesday. CHENG TINGTING/XINHUA Global executives and leading economists voiced confidence in China’s economic resilience and long-term prospects on Tuesday, citing strong momentum in high-tech sectors, continuing economic rebalancing and strong policy support, as…

Company apologizes over erroneous earthquake warning

Xiaomi TV apologized on Tuesday night after an earthquake warning was mistakenly pushed to some of its TV users in Beijing and nearby areas. At around 8:15 pm on Tuesday, some Xiaomi TV users in Beijing and surrounding regions received an earthquake early warning message, prompting several users to post online that their TVs had…

From seed funding to scale-up capital: Xiong’an bets big on startups

The Xiong’an Artificial Intelligence Industrial Park in Hebei province is attracting entrepreneurs with supportive policies. [Photo provided to chinadaily.com.cn] For startups struggling to secure their first investor, Xiong’an New Area is offering something extraordinarily rare: money before the market is convinced. The fast-growing city in North China’s Hebei province is rolling out an aggressive package…

Xiong’an lifestyle draws top young talent

In an era when soaring housing prices and intense competition are driving young professionals away from major cities, China’s Xiong’an New Area is emerging as a magnet for highly educated talent. With generous living subsidies, affordable housing and a carefully planned urban environment, the city is luring a growing number of young entrepreneurs, researchers and…

Qinghai home to world largest single-unit CSP facility

China’s 350-megawatt concentrated solar power demonstration project is set to deliver a replicable, large-scale model for the nation’s CSP commercialization, backed by world-leading thermal storage, proprietary technology and full industrial chain independence, said industry experts and company executives. China General Nuclear Power Corp came up with the world’s largest single-unit CSP facility by thermal storage…

Experience economy represents shift to emotional value

A visitor tries an XR-powered tour at the Temple of Heaven in Beijing. CHINA DAILY A navy-style hat, a beige coat and a pair of wideleg jeans might look like the makings of a casual weekend outfit. On Li Han’s desk, however, the ensemble was being carefully styled on a palm-sized doll. Li, a 24-year-old…

Spending rises during China’s Dragon Boat Festival holiday

China’s cultural and tourism market sustained growth momentum during last week’s Dragon Boat Festival holiday. Domestic trips reached 124 million, up 4.4 percent year-on-year, with total spending of 44.46 billion yuan ($6.55 billion), a four-percent increase. The steady rise across key indicators reflects the holiday economy’s continued resilience. Thanks to Chinadaily.com.cn Please visit: Our Sponsor