China, amid growing headwinds, has once again sent a clear message to the world: It will remain committed to high-standard opening-up, an unwavering stance that fuels its own sustained growth and offers the world greater access to its super-sized market, economists and executives said. Beijing has outlined a clear road map, one that will better…
Visitors learn about a manned aircraft during the China International Digital Economy Expo 2025 in Shijiazhuang, North China’s Hebei province, Oct 17, 2025. [Photo/Xinhua] BEIJING — The scale of China’s core artificial intelligence (AI) industry is expected to exceed 1.2 trillion yuan (about $170 billion) in 2025, according to a research institute under the Ministry…
China’s sharpened emphasis on building a strong domestic market underscores the country’s long-term resolve to bolster economic resilience and development security amid external challenges as it gears up for the 15th Five-Year Plan (2026-30), economists and policy advisers said. The Central Economic Work Conference, they said, has signaled potential new measures to strengthen domestic demand…
Supermarket billionaire John Catsimatidis has been a giant in the New York City business world for over 50 years, starting with the purchase of grocery stores and branching out to an airline, oil and gas, real estate, media investments and other projects. But as the 77-year-old, known as the “common-sense billionaire”, looks back on his…
The world’s first CDK2/4/6 inhibitor, developed by Chia Tai Tianqing Pharmaceutical Group, a subsidiary of Sino Biopharmaceutical, was officially approved for market launch on Thursday. CDK2/4/6 inhibitors are targeted cancer drugs that stop certain proteins (CDK2, CDK4, and CDK6) that cancer cells need to grow and divide. Breast cancer has become the most common cancer…
An aerial view of a molten salt tower-type solar thermal power plant in Jiuquan, Gansu province, on Dec 3, 2025. [Photo/Xinhua] Themed “Join Forces to Shape a Fair, Secure, and Intelligent New Global Energy Ecosystem”, the 2025 International Energy Executive Forum (IEEF) was held at the China National Convention Center in Beijing, from Thursday to…
Ingka Centres, a branch of the IKEA franchisee Ingka Group, has announced a new partnership with investment firm GoHigh Capital to establish a real estate fund for China, which will co-own three of Ingka’s Livat shopping centers. Subject to approval by regulatory authorities, the agreement would entail Ingka continuing to manage and operate the centers…
At 6 am (Beijing time) on Dec 7, an AVATR 12 luxury sedan, manufactured in Chongqing, was gently lowered onto the Antarctic ice sheet from the polar research vessel Xuelong, marking the beginning of its polar testing mission at the Antarctic Central Station. It is the world’s first NEV to set foot on the frozen…
An aerial drone photo taken on Nov 28, 2025 shows a view of the Yangpu Port in the Yangpu Economic Development Zone in Danzhou, South China’s Hainan province. [Photo/Xinhua] Hainan Free Trade Port is seeing a surge in travel demand ahead of the port’s island-wide special Customs operations on Dec 18. Data from Tongcheng Travel…
Dr Adrian Cheng (right), founder and executive chairman of K11 by AC of Almad Group, and Sheikh Mana, founder and chairman of Wafi Group, sign a joint venture agreement to launch multi-faceted partnerships on Dec 11 to expand their cultural and commercial footprints in the Middle East market. [Photo provided to chinadaily.com.cn] A Hong Kong-based…