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BOC: Long-term bull run in offing

China’s major stock indexes on display on a billboard in Shanghai. CHINA DAILY A slow bull run has largely been established in the Chinese mainland’s A shares and is poised to benefit from capital market reforms and economic recovery, potentially evolving into a long-term bull market, according to the Bank of China. At the same…

BMW to debut long-wheelbase Neue Klasse iX3 in China

A camouflaged long-wheelbase Neue Klasse iX3 is undergoing testing in China. [Photo provided to chinadaily.com.cn] BMW AG said on Wednesday it will unveil a long-wheelbase Neue Klasse iX3 in months in China, underscoring its push to localize electric and digital technologies for its largest market. The model, tailored for the Chinese market, will make its…

Chipmakers driving AI boom

Guests attending the 2025 World Artificial Intelligence Conference show avid interest in the artificial intelligence chips produced by MetaX, a Shanghai-based chip company, on July 29 at the event in Shanghai. SHI HUA / FOR CHINA DAILY China’s artificial intelligence boom is increasingly being driven by chipmakers, as export controls by the United States on…

China’s EV charging facilities top 20 million

China saw its electric vehicle charging network surpassed 20 million units by the end of 2025, cementing its status as the world’s largest and most rapidly expanding charging infrastructure, according to authority. According to data released Wednesday by the National Energy Administration (NEA), the total number of charging facilities has exceeded 20.09 million, supporting a…

Deal to lift CTG Duty-Free’s luxury brand portfolio

China Tourism Group Duty Free, or CTG Duty-Free, a leading Chinese retail travel operator, has reached an agreement to acquire DFS Group’s travel retail business in Hong Kong and Macao, along with associated intangible assets on the Chinese mainland, for up to $395 million. The transaction, which will be conducted through CTG Duty-Free’s wholly owned…

Wenzhou’s GDP surpasses 1 trln yuan

Wenzhou has officially joined the ranks of China’s top economic performers, with its GDP surpassing 1 trillion yuan ($143.6 billion) in 2025, thanks to its dynamic private sector, robust industrial economy and technological innovation. The announcement was made on Jan 20 at the 6th Session of the 14th Wenzhou Municipal People’s Congress, making Wenzhou the…

Famous grilled fish brand to open first Shanghai shop

Restaurant workers cook grilled fish at a Kaojiang brand spicy grilled fish restaurant in Haidian district, Beijing, on Friday. GENG FEIFEI/CHINA DAILY A culinary icon deeply rooted in Southwest China’s Sichuan province and Chongqing municipality, which is also a must-visit spot for tourists, is scheduled to make its first appearance in Shanghai at the end…

Foreign travelers fuel Hainan tourism

HAIKOU — On Dadonghai beach in Sanya, a coastal resort in South China’s island province of Hainan, foreign tourists are soaking up the winter sun, including Malika from Moscow who has chosen Sanya as her first travel destination in China. “We wanted to have a sea holiday, and also to see a bit of China,”…