Skip to content

News

Pony.ai begins HK trading, eyes profitability around 2028

  • by

Pony.ai showcases its autonomous driving technologies and a robotaxi model at the Dubai World Congress for Self-Driving Transport 2025 in September. [Photo provided to chinadaily.com.cn] Chinese robotaxi company Pony.ai is expected to turn profitable in three to four years, its top executive said on Thursday. “After nearly nine years of relentless innovation and exploration, Pony.ai…

Deal helps Chinese investors go global

  • by

Saudi Arabia has deepened ties with China-linked investors in healthcare, signing a major pact with Ewpartners to expand dialysis, rehabilitation, fertility and diagnostics services as the kingdom steps up private-sector participation to remedy persistent capacity gaps. The Middle East nation’s Ministry of Health and Ministry of Investment signed a strategic cooperation agreement in October at…

Growing health awareness feeds new ‘slimming economy’

  • by

An advertisement photo shows a woman on a smart indoor bike, one of a large number of new fitness products driving rapid growth in the sector. [Photo provided to CHINA DAILY] China is seeing the advent of the “slimming economy”, with more consumers turning to expert nutritionists, fitness workouts and AI-driven smart devices to stay…

Air China retraces historic uprising route

The Air China flight from Hong Kong Special Administrative Region arrives at Tianjin Binhai International Airport on Sunday, marking the successful completion of a commemorative journey retracing the historic “Two Airlines Uprising” route. The aircraft received the civil aviation industry’s highest ceremonial tribute — the “water salute”. [Photo by Luo Wangshu/chinadaily.com.cn] A commemorative Air China…

China’s consumer prices creep up in October

China’s consumer prices returned to growth in October after falling for two straight months, while the decline in factory-gate prices continued to narrow in October, official data showed Sunday. Data from the National Bureau of Statistics showed that China’s consumer price index, the main gauge of inflation, rose 0.2 percent year-on-year in October, following a…

Red Bull owners trumpet investment in Chinese market

[Photo provided to chinadaily.com.cn] Thailand’s TCP Group, the creator and owner of the Red Bull brand, said its accumulative investment in China has exceeded 4.36 billion yuan ($590 million), as it showcased its latest products at the ongoing China International Import Expo (CIIE) in Shanghai on Thursday. The investment includes two major manufacturing projects —…

Pernod Ricard bets on China’s evolving consumer tastes

Visitors at Pernod Ricard’s booth during the eighth China International Import Expo in Shanghai. [Photo provided to chinadaily.com.cn] Pernod Ricard, the French spirits and champagne group, will deepen its footprint in China by capitalizing on growing demand for whisky, vodka, gin and tequila, amid a global shift toward premium and experience-driven consumption, according to a…

China urges Netherlands to restore stability of global semiconductor supply chain

BEIJING — China’s Ministry of Commerce on Saturday called on the Netherlands to put forward constructive plans and take concrete actions to restore the stability of the global semiconductor supply chain. A spokesperson for the ministry made these remarks when asked to comment on the statement concerning the issue of the semiconductor manufacturer Nexperia, an…