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Lenovo reports AI-driven record growth

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Signage for Lenovo Group Ltd at the MWC Shanghai tech show in Shanghai, on June 19, 2025. [Photo/VCG] Chinese tech heavyweight Lenovo Group Ltd delivered record revenues, accelerated profitability, and continued artificial intelligence revenue expansion in the quarter ended in December. The company said its overall revenue reached an all-time fiscal quarter high of $22.2…

Asset managers set for critical transition

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An aerial view shows skyscraper clusters in Lujiazui, a cutting-edge financial center and bustling commercial district in Shanghai, on Aug 23. LI JUNQIN/FOR CHINA DAILY China’s asset management industry is entering a decisive new phase, pivoting away from breakneck expansion toward quality-driven growth and refined operations. This shift, analysts said, will lay the foundation for…

China Daily’s ‘China Bound’ launches Dunhuang sub-platform for intl travelers

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On Feb 13, China Daily officially launched Dunhuang sub-platform under its “China Bound” – an English-language smart-tourism service platform designed for international travelers. Created to provide one-stop and comprehensive services for overseas visitors planning trips to Dunhuang, this platform integrates itinerary planning, intelligent Q&A, convenient ticket booking, and travel story sharing. It helps international travelers…

HK sees 25% increase in family offices

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Skyscrapers at Victoria Harbour are illuminated by the afternoon sun. ANDY CHONG/CHINA DAILY Hong Kong’s appeal as a world hub for asset and wealth management continues to strengthen, with the number of single-family offices in the special administrative region seeing robust growth in the past two years. Senior government officials and industry experts said the…

Firms change buyback policies for gold

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Consumers browse gold jewelry at a store in Beijing on Jan 30. ZHANG XIANGYI/CHINA NEWS SERVICE China National Gold Group Co Ltd’s recent decision to halt its precious metals repurchase services on Saturdays, Sundays and public holidays, reflects a broader strategic shift toward improving risk management and operational efficiency in an environment where price swings…

AutoFlight’s 5-ton eVTOL seen as industry milestone

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The world’s first 5-ton eVTOL, the V5000 civilian unmanned aerial vehicle, independently developed by AutoFlight, completed the entire conversion flight process at the test flight operation base in Kunshan, Jiangsu province, on Feb 5, 2026. [Photo/VCG] The rollout of AutoFlight’s Matrix — the world’s first 5 metric ton electric vertical takeoff and landing (eVTOL) aircraft…

AI sector urged to better serve overall development

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A view of a data center in Qingyang, Gansu province. XINHUA Centrally administrated State-owned enterprises in China should act as key providers of intelligent computing infrastructure and promoters of artificial intelligence empowerment across sectors to better serve the country’s overall development, officials and experts said. Zhang Yuzhuo, chairman of the State-owned Assets Supervision and Administration…

APEC key cog in free trade, biz expansion

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The First Senior Officials’ Meeting and Related Meetings are held in Guangzhou from Feb 1 to 10, 2026. [Photo/Xinhua] Amid an uneven and fragile global economic recovery, stronger economic ties within the Asia-Pacific region can help sustain business growth by keeping markets open, stabilizing supply chains and boosting trade and investment in 2026, said market…

Dutch decision on Nexperia draws criticism

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  Flags flutter in front of the headquarters of the chipmaker Nexperia, as lawyers for the European management team of the chipmaker company and its Chinese owner Wingtech face off in an Amsterdam court as judges weigh whether to order a full investigation into allegations of mismanagement made by senior European executives at Nexperia, in…