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Chinese tech firms strike deal to pursue embodied intelligence

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Representatives from OYMotion and Radical signed a strategic partnership in Shanghai on Saturday. [Photo provided to chinadaily.com.cn] OYMotion, a Shanghai-based robotics and neural interface technology company, and Radical, an automotive bearing manufacturer headquartered in Hangzhou, have announced a strategic partnership focused on embodied intelligence development. The alliance, announced in Shanghai on Saturday, aims to combine…

China to apply lower tariff rates on certain imports in 2026

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China-ASEAN AI gala leaves audience mesmerized

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What left the audience in awe? The 2025 AI for All: China-ASEAN Competition Gala featured the viral robot dancers fresh from their debut at a superstar’s concert! It also showcased AI-powered applications across various industries. An innovative collaboration model of “Beijing-Shanghai-Guangzhou R&D, Guangxi integration and ASEAN application” is now expanding globally from the Guangxi Zhuang…

China to usher in digital deposit money era for e-CNY

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China has made a key breakthrough in the evolution of its central bank’s digital currency by positioning the e-CNY as “digital deposit money”, a move experts said is set to expand its use scenarios and strengthen the country’s leadership in global CBDC exploration. People’s Bank of China Vice-Governor Lu Lei said in the central bank-affiliated…

How China will optimize existing resources while seeking new growth

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China’s economy has moved into a phase dominated by better managing existing resources. On the one hand, the sheer size of the nation’s economy means it can no longer operate out of the spotlight. Intensified international economic and trade competition has heightened requirements for optimizing existing resources while striving for new growth drivers. On the…

New Year’s dining spurs Shanghai consumption

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Tourists shop along Nanjing Road in Shanghai on Saturday amid decorations featuring cartoon horses for the upcoming new year. CHINA DAILY With the arrival of 2026 just around the corner, New Year’s Eve activities, which started 10 days before the night itself, have become a trendy hook for promoting consumption in Shanghai, according to multiple…

Hainan FTP becomes hot spot on policy breakthrough

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An employee arranges to load the first batch of offshore goods onto a ship at Sanya Port in Sanya, Hainan province, on Dec 18. LI XUESHI/FOR CHINA DAILY On the sun-drenched sands of Sanya’s Dadonghai Beach, the rhythm of the South China Sea waves mingles with animated conversations in Russian. A couple from Saint Petersburg,…

Next stage of country’s automotive global expansion lies ahead

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China’s automotive industry has firmly established itself on the global stage, with the next phase of its international expansion set to be driven by localization and synergy between parts suppliers and carmakers, according to a new report from consultancy Roland Berger. The report suggests that Chinese automakers should transition from merely exporting products to developing…

Green push turns barren areas into power hubs

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An aerial photo shows the Jinta multi-energy complementary 100,000-kilowatt molten salt tower solar thermal power station in Jiuquan, Gansu province, on Dec 2, 2024. CAO HONGZU/FOR CHINA DAILY LANZHOU — In the vast, barren Gobi Desert of northwestern China, over 25,000 heliostats arranged in concentric circles span a total reflective area of 770,000 square meters,…