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China clarifies illegality of RWA tokenization, tightens oversight of overseas activities

For the first time, China has clarified regulatory requirements that real-world asset (RWA) tokenization activities are prohibited onshore, while subjecting related overseas activities by onshore entities to stringent regulatory oversight, according to a notice released on Friday. The China Securities Regulatory Commission and the People’s Bank of China — together with six other central government…

AI moving to stage of biz-scale deployment

Liu Lifang As artificial intelligence moves beyond early experimentation in China, enterprises are entering a new phase in which scalability, governance and measurable business value are becoming central concerns, said a senior technology executive. “Over the past two years, AI in China has gone from concepts to intensive pilot programs,” said Liu Lifang, solutions engineering…

Soft pottery handmade pony turns internet sensation; sales gallop

The Year of the Horse mascot toys on sale at a store in Qingdao, Shandong province. ZHAO JIANPENG/FOR CHINA DAILY Cultural and creative figurine Ma Biaobiao, a small horse with messy hair and beady eyes, has caught the internet by storm. The image, described by netizens as “clear, yet tinged with madness,” has been humorously…

China Gold to restructure repurchasing services amid market volatility

China National Gold Group Co Ltd announced on Saturday that it will suspend its precious metals repurchase services on Saturdays, Sundays, and public holidays, effective immediately. The move is said to reflect mounting volatility in the precious metals market. The suspension will apply across all repurchase channels — both offline and online — and align…

Rising trade lifts regional economic ties

A merchant (left) from Tashkent, capital of Uzbekistan, shows customers building materials on Dec 12, at his store in Guangyuan, Sichuan province. The merchant said his products were not only sold in Tashkent, but also shipped to multiple markets across Uzbekistan. Xinhua China became the largest trading partner of Central Asian countries in 2025, with…

Railway employees help spring farming

Railway employees help spring farming – Chinadaily.com.cn Home Business Companies Top Copyright 1994 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in…

Railway operators battling biting cold to ensure safe rail transport

As North China experienced a strong cold wave, Chinese railway operators activated emergency response plans to cope with the low temperatures, fully ensuring safe and smooth transport for passengers and cargo. The Datong Train Operation Section in Shanxi province established an emergency command group, deploying risk control measures at various stations. In transport scheduling, it…

Railway operators battling biting cold to ensure safe rail transport

As North China experienced a strong cold wave, Chinese railway operators activated emergency response plans to cope with the low temperatures, fully ensuring safe and smooth transport for passengers and cargo. The Datong Train Operation Section in Shanxi province established an emergency command group, deploying risk control measures at various stations. In transport scheduling, it…

China’s smartphone market sees shift in 2025 amid intensified competition

Chinese smartphone brand iQOO unveiled its latest phone 15 Ultra to target gaming enthusiasts. [Photo provided to chinadaily.com.cn] China’s domestic mobile phone market concluded 2025 with a notable decline in monthly shipments, while full-year figures remained relatively stable, the latest industry data showed. The performance came as the market is undergoing a transformation characterized by…

Estee Lauder reports strong Q2 results

The Estee Lauder Companies Inc announced strong financial results for the second quarter of fiscal year 2026 on Feb 5. [Photo provided to chinadaily.com.cn] The Estee Lauder Companies Inc announced strong financial results for the second quarter of fiscal year 2026 on Feb 5, driven by a 13 percent year-on-year increase in organic net sales…