An aerial drone photo taken on Nov 13, 2025 shows an offshore photovoltaic project in Dongying city, East China’s Shandong province. [Photo/Xinhua] BEIJING — Digital technologies are profoundly reshaping the energy industry, driving the global energy system toward greater efficiency, sustainability and intelligence, experts said at a recent industrial event in Beijing. The digital energy…
People walk into a Sam’s Club store on its opening day in Yangzhou, Jiangsu province, on Nov 12. CHEN YANG/FOR CHINA DAILY Walmart Inc reported a quarter of strong performance in China, with net sales in the country surging 21.8 percent to $6.1 billion on the back of Sam’s Club’s rapid expansion and accelerating online…
A robot band performs at a restaurant in Beijing on Aug 6. JU HUANZONG/XINHUA BEIJING — From robotic chefs to AI-powered ingredient tracking and smart reservation systems, intelligent technologies are reinvigorating China’s catering industry, elevating consumer experiences while tackling longstanding operational challenges. At a lively Haidilao hotpot outlet in Beijing, Yang Lin, a regular customer,…
A vendor (right) sends her AI business card to a foreign merchant with a mobile phone at the Global Digital Trade Center in Yiwu, East China’s Zhejiang province, Oct 14, 2025. [Photo/Xinhua] HANGZHOU – The city of Yiwu, known as “the world’s supermarket,” in East China’s Zhejiang province, posted a record import and export value…
BUDAPEST – China’s Contemporary Amperex Technology Co Limited (CATL) said on Wednesday its battery cell factory in Debrecen, Hungary, is prepared for launch and will be central to the company’s strategy to deepen its long-term European operations. The plant, with an initial annual capacity of 40 gigawatt hours (GWh), is already fully booked by clients,…
China may stick to its “around 5 percent” annual growth target for 2026, while fiscal stimulus measures should mirror 2025 in scale and composition, with rebalancing proceeding gradually, said a renowned economist. As the market is eagerly awaiting clues for next year’s economic priorities from the upcoming annual Central Economic Work Conference, Robin Xing, chief…
A consumer picking imported snacks at a supermarket near the Baktu Port in Tacheng prefecture, Xinjiang Uygur autonomous region, on Sept 25, 2025. [Photo/Xinhua] Chinese consumers are displaying vibrant purchasing power for imported products and foreign brands, and this has become a key driver for consumption upgrade fueled by enhanced logistic efficiencies, preferential policies such…
Employees work on an FAW-Volkswagen auto assembly line in Qingdao, Shandong province, on Sept 18. LIANG XIAOPENG/FOR CHINA DAILY About 56 percent of German companies are considering more engagement with Chinese partners, with the primary motivations being business expansion in China and the need to adapt to “China Speed”, the German Chamber of Commerce in…
China has continuously strengthened its inclusive finance support for small and micro firms during the 14th Five-Year Plan period (2021-25), with the average annual growth rate of inclusive loans to these entities exceeding 20 percent during the period. Since China officially proposed the development of inclusive finance in 2013, continuous efforts have significantly enhanced the…
A view of a property project under construction in Hangzhou, Zhejiang province. LONG WEI/FOR CHINA DAILY China’s real estate sector, a key engine of the world’s second-largest economy for decades, will be transformed significantly in the next five years, from being positioned as a growth pillar to one that prioritizes comprehensive living standards, analysts said.…