Skip to content

News

VW’s ID. UNYX gears up for pivotal 2026

A Volkswagen UNYX 06 version on display at Auto Shanghai 2025, on April 25. [Photo/VCG] Volkswagen’s ID. UNYX brand is preparing for a decisive year in 2026, with four model launches that executives said manifest the best of German engineering and Chinese local innovation and a significant expansion in its dealership network. Born in 2024,…

Cinema fuels China’s consumption boom, economic vitality

Spectators walk past movie posters at a cinema in Linyi, East China’s Shandong province, Aug 18, 2025. [Photo/Xinhua] 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 to visit Nezha Palace, a site…

New hepatitis D treatment gets green light

China has approved a first-of-its-kind treatment for chronic hepatitis D, marking both a clinical breakthrough and a symbolic milestone for the country’s push to develop globally competitive original medicines. The National Medical Products Administration on Friday granted conditional approval to Libevitug, a monoclonal antibody developed by Beijing-based Huahui Health, for adult patients with chronic hepatitis…

Galaxy CEO on China’s market resilience: Three key drivers

Choi Yong-ho, CEO of South Korean entertainment technology company Galaxy Corporation, highlighted three pillars of China’s market resilience: technological innovation, a challenge-ready spirit, and a supportive environment for entrepreneurs. He told China Daily that the country holds a leading position in robotics and AI, backed by a talented younger generation. Galaxy plans to deepen its…

Major autonomous driving players surpass 1,000-unit robotaxi fleet

A safety staff member observes as a robotaxi of Pony.ai, a Chinese autonomous driving solution provider, steers automatically at the Canton Tower, a landmark in Guangzhou, South China’s Guangdong province, March 11, 2025. [Photo/Xinhua] China’s robotaxi sector is accelerating its shift toward scaled commercial operations, with leading companies expanding fleets in major cities, as technology…

China’s economic powerhouse of Guangdong reports increased foreign investment in 2025

This photo taken on Nov. 4, 2025 shows the 138th edition of the China Import and Export Fair in Guangzhou, South China’s Guangdong province. [Photo/Xinhua] GUANGZHOU – China’s manufacturing heartland of Guangdong province saw the establishment of 36,000 new foreign-funded enterprises in 2025 – a 38.7 percent increase – while its actual utilized foreign capital…

Foreign industrial profits resume growth as sector rebounds, says NBS

A drone photo shows the automated production at the Seres Super Factory in Liangjiang New Area, Southwest China’s Chongqing, Sept 19, 2025. [Photo/Xinhua] Profits of foreign industrial companies in the Chinese mainland resumed positive growth in 2025 following a three-year contraction as overall industrial profits improved, signaling a renewed momentum of the industrial economy and…

China achieves industrial-scale production of POE

China has successfully achieved industrial-scale production of polyolefin elastomer, a breakthrough that significantly bolsters the nation’s supply chain sovereignty in the renewable energy and electric vehicle sectors while dismantling a long-standing “chokehold” on critical high-tech materials. The Dushanzi petrochemical plant, a subsidiary of the State-owned China National Petroleum Corp and located in the Xinjiang Uygur…

Galaxy Corp eyes ‘unlimited development potential’

China’s vast market potential, deep talent pool and leadership in cutting-edge technologies such as artificial intelligence and robotics make it a core pillar of Galaxy Corp’s global strategy, as the South Korean entertainment technology company plans to steadily expand its presence in China through deeper local partnerships and investments. “China’s market holds virtually unlimited development…

Huge business delegation to accompany Starmer on China visit

Senior executives and institutional delegates from more than 50 British companies will accompany United Kingdom Prime Minister Keir Starmer on his official visit to China from Wednesday to Saturday, the Ministry of Commerce said. The delegation is set to include representatives from UK’s competitive sectors, including finance, pharmaceuticals, manufacturing, culture and creative industries, reflecting the…