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.…
The first duty-free shop in the downtown areas of northwestern China recently opened in Xi’an, Shaanxi province. [Photo provided to chinadaily.com.cn] The first duty-free shop in the downtown areas of northwestern China recently opened in Xi’an, Shaanxi province. The three-story building can be found in Xi’an’s Bell Tower commercial area. Inside is a duty-free section,…
Cambodian artists perform during the official launch of Cambodia-China Tourism Year 2025 in Phnom Penh, Cambodia on May 23, 2025. [Photo/Xinhua] Searches for flights from major Chinese cities to Cambodia more than doubled after Cambodia announced that it would be implementing visa-free entry for Chinese citizens during a four-month trial period next year, Tongcheng Travel…
An industrial robot works on an intelligent production line of Wuhu Ecotec Power System Co Ltd in Fanchang economic development zone of Wuhu, East China’s Anhui province, Nov 11, 2025. [Photo/Xinhua] BEIJING – China has continuously strengthened its inclusive finance support for small and micro firms during the 14th Five-Year Plan period (2021-2025), with the…
Ramses Navarro, executive chef of Le Comptoir de Pierre Gagnaire and Chef Pierre Gagnaire. [Photo provided to chinadaily.com.cn] Le Comptoir de Pierre Gagnaire, the Michelin one-star… Read More »Michelin One-Star Le Comptoir de Pierre Gagnaire launches new seasonal menu
HANGZHOU – Chinese AI tech firm DeepSeek officially released two new models on Monday evening – DeepSeek-V3.2 and its high-compute variant, DeepSeek-V3.2-Speciale. By implementing a robust reinforcement learning protocol and scaling post-training computation, DeepSeek-V3.2 performs comparably to GPT-5, according to the company. The AI model balances high computational efficiency while maintaining superior reasoning and agent…
Chinese e-commerce giant JD said on Wednesday it has acquired approximately 59.8 percent of the shares and voting rights in German electronics retailer Ceconomy. When combined with the stake to be retained by its future partner Convergenta, JD’s total shareholding in Ceconomy would reach 85.2 percent. Convergenta was the largest shareholder in Ceconomy before JD’s…
A robot helps to charge a new energy vehicle at a charging station in Huangshi, Hubei province, in September. ZHOU WEI/FOR CHINA DAILY China has cemented its dominance in the global electric mobility sector, establishing a charging infrastructure network that far outpaces its international peers, said industry experts. The scale of the rollout is increasingly…
A passenger exits self-driving unmanned taxi in Nansha district, Guangzhou, on July 18, 2025. [Photo/Xinhua] World models — neural networks designed to understand and simulate the dynamics of the real world, including physical properties and spatial relationships — are emerging as the next strategic frontier for artificial intelligence-powered assisted driving, with automakers and tech heavyweights…