The annual session of the Shanghai Municipal People’s Congress, the city’s legislative body, opens on Tuesday. [Photo provided to chiandaily.com.cn] Shanghai has set its economic growth target for this year at approximately 5 percent, with research and development spending projected to account for about 4.6 percent of the city’s total GDP, said Gong Zheng, mayor…
A staff member works at a nanotechnology company at the Suzhou Industrial Park in Suzhou, East China’s Jiangsu province, Nov 12, 2024. [Photo/Xinhua] In a milestone for China’s semiconductor industry, three Chinese equipment manufacturers were ranked among the world’s top 20 by sales for the first time in 2025, according to data from Japanese research…
Huawei Qiankun showcases driving assistance solutions at the 2025 Auto Guangzhou on Nov 21. ZHOU NAN/FOR CHINA DAILY Domestic driving assistance system suppliers hold the majority share of the market, a structure that experts say is unlikely to change in the short and medium term. As top firms expand their share and offer more competitive…
China has no plans to increase tax on its gaming industry, multiple sources close to authorities and industry told China Daily on Wednesday. They made the comments after a market rumor that the value-added tax rate for gaming would be raised to 32 percent in China, leading shares of several Chinese gaming and internet companies…
Maidelong China, formerly known as Metro China, has appointed Andrew Miles, the former vice-CEO of Walmart China and president of Sam’s Club China, as a strategic consultant. The Wumart Group, Maidelong China’s parent company, has declined to comment on the appointment. The move marks Miles’ return to the retail industry following his official retirement in…
This aerial photo taken on Jan 29, 2026 shows a view of Zhangjiang area of the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] Shanghai has set its sights on becoming one of the world’s top three cities in terms of economic scale by the end of the decade. The aim is…
A visitor poses for pictures with a humanoid robot at the 2025 Global Artificial Intelligence Machines and Electronics Expo in Macao, South China, Dec 4, 2025. [Photo/Xinhua] As artificial intelligence accelerates both digital transformation and cyber threats, enterprises must move from passive, reactive security models to proactive and autonomous defense systems to keep pace with…
Hyundai Motor Group is seeking to restore its relevance in China, but analysts say the odds of a meaningful turnaround are slim in the country’s hypercompetitive auto market. “Hyundai will open up its core capabilities in electrification and intelligent technologies, dispatch senior technical experts, and introduce its premium brand into China,”Beijing Hyundai, the carmaker’s joint…
A child gets to know a Ne Zha movie poster at China National Film Museum in Beijing on May 2. TANG KE/FOR CHINA DAILY BEIJING — Earlier this year, Xin Minghua, a devoted fan of the Ne Zha animated films, journeyed all the way from East China’s Shanghai to the country’s southwestern Sichuan province, just…
A drone photo taken on Jan 13, 2026 shows a bulk ship unload bulks at the ore terminal of Caofeidian Port Area in Tangshan Port in Tangshan, North China’s Hebei province. [Photo/Xinhua] Hebei province recorded robust foreign trade growth in 2025, with its total import and export value reaching 682.22 billion yuan ($98 billion), up…