Chinese tech giant Alibaba Group Holding Ltd said on Tuesday night that its revenue stood at 247.8 billion yuan ($34.8 billion) during the July-September period, an increase of 5 percent year-on-year, with its core artificial intelligence-powered cloud and e-commerce businesses delivering strong growth. “We have entered into an investment phase to build long-term strategic value…
A performance of dashuhua, or striking iron flowers, dazzles spectators with a brilliant shower of sparks resembling a tree canopy in Huangshan, Anhui province, in October. CHINA DAILY On a crisp autumn evening, laughter echoes in Qiyun Mountain, a Taoist tourist spot in Xiuning county of Huangshan, Anhui province. At the bustling dice hall, Lu…
China’s New Cornerstone Investigator Program, one of the country’s largest privately funded initiatives for basic science, named 35 new fellows on Monday, and pledged to offer 10 years of stable support for 200 to 300 leading scientists. The program, funded by Chinese tech company Tencent Holdings in 2022 with a pledge of 10 billion yuan…
A view of the booth of China Tower Corp during an expo in Beijing. GUO HAIPENG/FOR CHINA DAILY One of China’s major telecom infrastructure companies is pressing ahead with a new wave of digital infrastructure upgrades, as the country accelerates efforts to strengthen the foundations for its next stage of high-quality growth, said company and…
China’s study tour market is booming, with teenagers flocking to museums, cultural heritage sites, and tech firms for hands-on, immersive learning —raising the question of… Read More »Global youth travel leaders bet on China’s study tour market
Alibaba Cloud, the cloud computing arm of Chinese tech giant Alibaba, announced on Tuesday its support for the latest version of a large language model developed by AI Singapore (AISG), in what is a significant expansion of China’s open-source AI models on the global stage. The newly launched LLM Qwen-SEA-LION-v4 is based on Alibaba’s Qwen3-32B…
In 2023, the EU’s total agricultural output was valued at €537 billion. Data show that 5 regions in the EU, classified at level 2 of the nomenclature of territorial units for statistics (NUTS 2), have a total agricultural output value above €9 billion. The highest output value was in Andalucía, Spain (€16 billion), followed…
In 2024, there were 23 EU regions at level 2 of the nomenclature of territorial units for statistics (NUTS 2) where at least 80% of the population aged 16 to 74 years ordered goods or services over the internet in the 3 months preceding the survey. Approximately half of these 23 regions were in the…
A rendering of the Chongqing-Guizhou Power Interconnection Project. [Photo provided to chinadaily.com.cn] The Chongqing-Guizhou Power Interconnection Project, an initiative designed to enhance power grid connectivity between the municipality and province, recently received approval from the National Development and Reform Commission. According to State Grid Chongqing Electric Power Company, this project will bolster inter-provincial electricity support…
In 2023, transport activities accounted for 32% of the final energy consumption in the EU, slightly up from 31% in 2022. This made transport activities the highest consumer of final energy, ahead of households (26%) and industry (25%). Road transport was the largest energy consumer, responsible for 73% of all energy consumption in transport, or…