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AI thrust to foster new growth drivers

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A participant boxes with a humanoid robot from Unitree Robotics during the 2025 World Internet Conference Wuzhen Summit in Wuzhen, Zhejiang province, on Nov 6. HUANG ZONGZHI/XINHUA China’s resolve to deeply integrate artificial intelligence into a wide range of fields will help the country foster new growth drivers and provide strong impetus for high-quality economic…

Auto market stays firm ahead of policy change

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Great Wall Motor’s brand Haval showcases the H9 SUV at Auto Guangzhou 2025 on Nov 21. CAO YINGYING/CHINA DAILY China’s automotive market held steady in November, with domestic brands and new energy vehicles driving growth, as companies gear up for year-end targets. Seasonal demand, promotions and rising NEV adoption helped sustain momentum, said analysts. They…

Four-legged friends fuel pet spending boom in country

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A customer checks out pet costumes at a store in Caoxian county, Shandong province, on Nov 29. GUO XULEI/XINHUA JINAN — When dawn breaks, a factory in East China’s Shandong province is already humming with life. The warm, hearty aroma of freshly baked kibble swirls through the air as sacks of probiotic-enriched pet food journey…

Innovative consumption key to sustained growth

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China has intensified efforts to innovate consumption scenarios, responding to growing public expectations for a better quality of life while injecting fresh momentum into economic restructuring and the development of new quality productive forces. Unlike traditional consumption scenarios, which were largely seen as simple physical spaces for the exchange of goods, today’s “new consumption scenarios”…

10 terms shaping recommendations for the 15th Five-Year Plan by AI

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AI rapidly seeping into all areas of e-commerce

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[Photo/VCG] I have covered the Singles Day shopping extravaganza, the world’s largest online promotional campaign, for eight years running, but I found a noticeable and interesting trend this year. Artificial intelligence technology is being increasingly leveraged in every aspect of the e-commerce segment. The 11-11 or Double Eleven shopping carnival was just a 24-hour event…

Snapshot of EU economies: new experimental statistics

Eurostat has launched new experimental statistics presenting multi-country National Accounting Matrices (FIGARO-NAM). This new resource links data on production and consumption with data on income and saving, helping users understand how economic flows move between institutional sectors and how they interact with industries and products. FIGARO-NAM was developed in collaboration with the European Commission’s Joint…

Large businesses in the EU: small number, high turnover

In 2024, the EU had around 33.5 million enterprises, employing 164.2 million people. Those enterprises registered a net turnover of €38.7 trillion.  Although large enterprises (more than 249 people employed) represented only 0.2% of the total number of enterprises in the EU’s business economy (55 000 enterprises), they generated more than half (51.3%) of the net…

Investing in children focus of CCG forum

As China and the world confront demographic shifts and rising development challenges, experts from domestic and international organizations have called for stronger global cooperation to invest in children and strengthen long-term social resilience. Their remarks came at the 20th CCG VIP Luncheon, a high-level forum co-hosted by the Center for China and Globalization, a Beijing-based…