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China’s innovation: Breaking through barriers

Amid rising chip controls, computing limits and export restrictions, China’s innovation hasn’t slowed down — it adapted and moved faster in 2025. What did China get right? In this special episode of China Perspective, economists and executives explore how new quality productive forces are shaping China’s path forward — and helping build a shared future…

WIC holds 2026 New Year reception in Beijing

The World Internet Conference (WIC) held its 2026 New Year reception in Beijing on Dec 29. Zhuang Rongwen, head of the Cyberspace Administration of China and chair of the WIC, attended and delivered remarks. Also present were Niu Yibing, Wang Jingtao, Yang Jianwen and Li Changxi, deputy directors of the Cyberspace Administration of China. The…

Future industries top priority in 2026

A six-ton tiltrotor unmanned aerial vehicle completed its maiden flight in Deyang, Sichuan province, on Sunday, marking a new step in the country’s ambitions in advanced vertical-lift aviation. YIN GANG/FOR CHINA DAILY China’s top industry regulator said it will step up efforts to foster emerging and future industries while consolidating the steady advancement of its…

Yiwu sets global biz rhythm for Christmas trade

Businessmen from Kuwait select Christmas product samples at the Yiwu International Trade City in Yiwu, Zhejiang province, on Dec 17. LIU MINGXIANG/XINHUA YIWU — As shoppers worldwide were still on the hunt for last-minute gifts earlier this month, the real pulse of the global Christmas economy was beating strong in Zhejiang province’s Yiwu, often dubbed…

Structural upgrading, policy support fuel long-term growth

A “double festival heartwarming season” event kicks off on Wujiang Road in Shanghai on Sunday, offering tourists an integrated experience of travel consumption and local specialty foods. CHINA DAILY BEIJING — As China’s consumption sector expands amid structural upgrades, policies designed to stimulate spending are gaining momentum to reinforce this key pillar of the world’s…

Innovation boosts Chinese holiday goods abroad

Workers fulfill export orders for handicrafts at the workshop of an arts and crafts factory in Taizhou, Zhejiang province, on June 10. WANG HUABIN/FOR CHINA DAILY SHENYANG — In a factory in Anshan, Northeast China’s Liaoning province, workers were busy producing Easter crafts like rabbits and colored eggs, destined for supermarkets in the United States.…

Auto culture emerging as crucial driver

As China’s auto sector shifts from rapid expansion to higher-quality development, automotive culture is emerging as a crucial driver for unlocking new value, reshaping competition and sustaining long-term growth, industry experts said. “Automotive culture is a core driving force in shifting the industry from scale-driven cutthroat competition to value creation,” said Wu Songquan, senior chief…

State capital key to scitech prowess

China’s State asset and State enterprise reforms are a key plank of economic restructuring and should be advanced through a new round of deepening reforms to seize development opportunities and accelerate the building of more world-class companies, officials and experts said. China has taken a major step toward a foundational, comprehensive law on State-owned assets,…

Oilfield reports CO2 storage progress

Workers check equipment in the “Devil City” Operation Area of China National Petroleum Corp’s Xinjiang Oilfield on April 4. LYU DIANJIE/YANG CHUYI/FOR CHINA DAILY URUMQI — Xinjiang Oilfield, a major oil production base in northwestern China, has achieved annual carbon dioxide (CO2) storage of over 1 million metric tons as of Sunday, marking a breakthrough…