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China to speed up development of nationwide computing network

China will accelerate the buildout of a nationwide computing network and step up efforts to develop high-quality data sets for artificial intelligence, according to a 2026 digital economy work plan released by the country’s top data regulator on Tuesday. The plan also called for the steady advancement of data infrastructure projects and support for demonstration…

Alibaba unveils new AI chip

Alibaba Cloud, the cloud arm of tech giant Alibaba Group, has unveiled a new artificial intelligence chip and an ambitious multi-year semiconductor roadmap, as the company pushes to build a domestic alternative to Nvidia-powered AI infrastructure. Alibaba Cloud launched the Zhenwu M890, a new training-and-inference integrated AI chip developed by the company’s semiconductor arm T-Head,…

Kunming’s flower markets flourish for ‘I love you’ day

The Dounan Flower Market in Kunming, Yunnan province, is bustling with activity on May 18. [Photo by Yang Ling/chinadaily.com.cn] The flower markets in Dounan of Kunming, Yunnan province, have seen single-day transaction volumes nearing 9 million stems in the lead-up to May 20, a date that sounds like “I love you” when spoken in Mandarin.…

China implements export controls on rare earths in line with laws: commerce ministry

BEIJING — China implements export controls on rare earths and other critical minerals in accordance with laws and regulations, and reviews license applications that are compliant and for civilian use, the Ministry of Commerce said on Wednesday. The remarks, in response to recent US statements about critical minerals, were made by an official with the…

Shanghai to host latest carbon neutrality expo

The 2026 Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements will be held from June 10 to 12, the municipal government announced during a press briefing on Wednesday. Now in its fourth edition, the expo will cover an area of 40,000 square meters with almost 300 enterprises attending. The exhibition will focus on…

Dongfeng, Stellantis to form JV to accelerate Voyah’s European expansion

Representatives from Dongfeng and Stellantis pose for a photo after a memo was signed on May 15, 2025. [Photo provided to chinadaily.com.cn] China’s Dongfeng and Stellantis have signed a non-binding memorandum of understanding to deepen strategic cooperation, with a focus on accelerating international expansion for the State-owned carmaker’s premium brand Voyah. Under the proposed agreement,…

China to purchase 200 Boeing aircraft in accordance with commercial principles

BEIJING — Based on its air transport development needs, China will purchase 200 Boeing aircraft in accordance with commercial principles, the Ministry of Commerce announced on Wednesday. Meanwhile, the United States will guarantee China a sufficient supply of engines and spare parts, a ministry official said in a statement that provides details on the preliminary…

China, US agree to discuss reciprocal tariff reduction arrangement: commerce ministry

BEIJING — China and the United States have agreed in principle to discuss, under the trade council, a reciprocal tariff reduction framework arrangement on products of equivalent scale worth $30 billion or more on each side, China’s Ministry of Commerce announced on Wednesday. The products of respective concern as agreed by both sides are expected…

AMD CEO calls China world’s most dynamic AI ecosystem

AMD Chair and CEO Lisa Su delivers a speech in Shanghai on Tuesday. [Photo provided to chinadaily.com.cn] The CEO of the US chip heavyweight AMD highlighted the company’s commitment to China on Tuesday, describing the country as “the world’s most dynamic artificial intelligence ecosystem”. AMD Chair and CEO Lisa Su made the comments in Shanghai,…