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Lychee industry takes root in Hainan province

A farmer harvests lychees at a planting base in Haikou, Hainan province, on April 28. [Photo/VCG] HAIKOU — In Bincunshan of Qionghai city, South China’s Hainan province, lychee orchards are heavy with ripe and red fruit as the harvest season arrives. For villager Li Shiwu, the bustling harvest is a rewarding moment. “This year’s lychees…

China, US hold candid, in-depth, constructive exchanges in S. Korea on economic, trade issues, practical cooperation

Chinese Vice-Premier He Lifeng, also a member of the Political Bureau of the Communist Party of China Central Committee, shakes hands with US Treasury Secretary Scott Bessent prior to their consultations in South Korea, May 13, 2026. [Photo/Xinhua] SEOUL — The Chinese and US delegations on Wednesday held candid, in-depth and constructive exchanges in South…

AI drug-delivery developer Metis shares jump after Hong Kong IPO

Shares of Chinese AI drug-delivery developer Metis TechBio Co Ltd opened at HK$28.68, up 173.14 percent from its IPO price on its trading debut on Wednesday. The company has raised more than HK$2.1 billion ($270 million) in Hong Kong’s largest healthcare IPO so far this year. The Beijing-based biotech issued 201.2 million shares in its…

Embodied intelligence enters real-world tests

Humanoid robots participate in a half marathon in Beijing E-Town, a hub for high-tech industries, on April 19. The race placed high demands on the robots’ balance, path planning and joint response speed. ZOU HONG/CHINA DAILY China’s embodied intelligence sector is moving from technical showcases toward tougher tests of real-world commercialization, as rapid advances in…

Nation’s steel sector speeding up tech-driven low-carbon transition

An employee works on the production line of a steel company in Maanshan, Anhui province. LUO JISHENG/FOR CHINA DAILY China’s steel industry is accelerating technology-driven and low-carbon transformation efforts, including wider robot adoption, as steelmakers seek to strengthen resilience amid persistent supply-demand pressures and a more challenging external environment, industry officials said. Data from the…

Nation vows to further trim local govt debt

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China has pledged to accelerate local government debt resolution, declaring that the current five-year 10 trillion yuan ($1.38 trillion) bond swap program is on track and will be completed on schedule. The latest announcement follows an executive meeting of…

Robot rentals set path for mass-market adoption

A boy learns to use a remote control to operate a robot dog developed by Unitree Robotics at a shopping mall in Shanghai on May 5. CHEN YUYU/FOR CHINA DAILY As humanoid robots increasingly move into real-world settings such as tourism, transportation, retail and security, robot rental services are emerging as a fast-growing business model…

Ambilight sees bright future for dimmers

As automakers race to redefine the in-car experience, electrochromic dimming glass is moving from a niche luxury feature to a scalable cockpit solution, said a top executive from a leading smart electrochromic company at the Beijing International Automotive Exhibition. He Jiazhi, vice-president of automotive at Ambilight Inc, said the industry is entering a new phase…

Car exports maintain strong momentum in April

Vehicles await export from a port in Yantai, Shandong province, on Monday. TANG KE/FOR CHINA DAILY As the country’s auto industry further deepens its global footprint, China’s automobile exports maintained strong momentum in April, driven by steady shipments of new energy vehicles and accelerated overseas expansion by major domestic carmakers. China exported around 901,000 vehicles…

Recovery of consumer mkt seen accelerating

Visitors wear smart glasses during the sixth China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan province, April 13, 2026. [Photo/Xinhua] Indicators that the country’s consumer market is beginning to recover are emerging, and one unlikely measure is the price of fried chicken. At a financial seminar on May 8, Wu Mianqing, CEO…