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Pilot section of Shanghai Eastern Hub passes crucial operational review

The Shanghai Eastern Hub International Business Cooperation Zone has seen its pilot launch area pass a crucial operational readiness review on Nov 28, paving the way for its official launch. [Photo provided to chinadaily.com.cn] The Shanghai Eastern Hub International Business Cooperation Zone has seen its pilot launch area pass a crucial operational readiness review on…

BMW, Luyuan cooperation boosts greener urban mobility

BMW Group grants technology licenses to Luyuan Group at a signing ceremony in Hangzhou on Wednesday. [Photo provided to chinadaily.com.cn] BMW Group, a German automaker, has granted Luyuan Group, a Chinese electric two-wheeler manufacturer, the rights to use its micromobility concepts to promote greener and more sustainable urban transportation. The licensed concepts include Dynamic Cargo…

Will you send a postcard this season?

In 2024, the value of sold postcards in the EU was €60.0 million, down 15% compared with 2023 (€69 million).  Since 2014, there has been a decline in the value of sold postcards. However, during the global pandemic, this number increased and reached the highest level of the past decade. From 2020 to 2021, the…

China’s private petroleum, chemical sector set for robust and broad growth

China’s vast private petroleum and chemical sector is positioned for robust and broad growth, according to a recently released report by China Petroleum and Chemical Industry Federation. This is driven by its aggressive pivot from traditional processing toward high-end specialization across the value chain, it said. The 2025 China Petroleum and Chemical Private Enterprise Development…

Shanghai company showcases smart city solutions at global conference

INESA (Group) Co Ltd hosts a forum at the 2025 Global Data Ecosystem Conference on Nov 26 at the Shanghai International Conference Center. [Photo by Li Junfeng / chinadaily.com.cn] INESA (Group) Co Ltd, a Shanghai-based leading smart city solutions provider, took center stage at the 2025 Global Data Ecosystem Conference, which concluded on Wednesday at…

Alibaba launches new Quark AI glasses series

Alibaba launches new Quark AI glasses series deeply integrated with Qwen. [Photo provided to chinadaily.com.cn] Chinese tech giant Alibaba Group launched its new Quark artificial intelligence-powered glasses series on Thursday, which are equipped with the company’s AI model, Qwen, and its newly launched AI application, Qwen App. This launch marks another significant step in Alibaba’s…

China’s Rebalancing Promise Unmet

In 2014, at the APEC summit, Xi Jinping pledged that China would rely more on domestic demand and reduce its dependence on exports. In his own words, China’s economy should “更多依赖国内消费需求拉动,避免依赖出口的外部风险”, rendered in the official English version of the speech as “the Chinese economy is being driven increasingly by domestic consumer demand, thus avoiding external…

Winter school holidays fuel surge in domestic, outbound travel

China’s upcoming winter school holiday, including a newly introduced “snow break” in some regions, is fueling a surge in domestic and outbound travel, according to data from Qunar, a Beijing-based online travel agency. Urumqi and Altay prefecture in the Xinjiang Uygur autonomous region will give students up to nine consecutive days off from Nov 29…