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China’s tech ascent to attract investments

China’s transformation from a “fast follower” to a global technology leader is likely to attract a new wave of foreign investment over the next decade, said Howard Davies, chair of the International Advisory Council of the China Securities Regulatory Commission. “I think it’s likely that (foreign) investor interest in China will grow over the next…

Wuzhen emerges as model for cyberspace transformation

The Light of Internet Expo at the 2024 WIC Wuzhen Summit on Nov 19, 2024. [Photo/IC] The 2025 World Internet Conference Wuzhen Summit will be held in Wuzhen, Zhejiang province, from Nov 6 to 9. Over ten years ago, Wuzhen was a quiet town of stone bridges and winding canals, a place where time seemed…

Shandong manufacturing center stimulates regional development

Tourists pose for a photo at a grape garden in Pingdu. CHINA DAILY As key projects advance and major industrial events unfold, Pingdu, Shandong province’s largest county-level city, is drawing unprecedented attention and emerging as a prime investment destination. Strategically positioned at the geometric center of Qingdao, Yantai, and Weifang, Pingdu serves as a pivotal…

Nation ‘enormously important’ to US biz

As all eyes are on the high-level engagement between China and the United States, the US business community has voiced strong support for long-term stability in the world’s most consequential economic relationship, as the partnership with China remains “enormously important” for US companies. Having the direct involvement of both countries’ presidents — which may pave…

E-tailers roll out 11.11 globally for growth

Visitors gather at AliExpress’ booth during a cross-border e-commerce expo in Xiamen, Fujian province, in June. CHEN XIAORONG/FOR CHINA DAILY China’s Singles Day shopping carnival, the biggest shopping event worldwide, is becoming more international with Chinese e-commerce companies speeding up their overseas expansion and driving rapid growth in international markets, according to a new report…

Hainan expands offshore duty-free shopping list with two new goods categories

Share – WeChat Customers shop at a duty-free store in Haikou, South China’s Hainan province, Nov 1, 2025. The island province of Hainan broadened the scope of its offshore duty-free goods by adding two new goods categories, namely pet supplies and portable musical instruments. After this adjustment which took effect on Saturday, the island’s offshore…

Fintech firms, AI allied for more progress

Visitors interact with a home service robot during the World Smart Industry Expo 2025 in Southwest China’s Chongqing municipality, Sept 6, 2025. [Photo/Xinhua] As artificial intelligence, big data, cloud computing and blockchain technology sweep across the globe, experts believe that financial technology (fintech) enterprises are entering a new era driven by generative AI and quantum…

Nation to maintain lead in EV adoption

A potential buyer tries out an electric vehicle during a recent car expo in Jinhua, Zhejiang province. SHI BUFA/FOR CHINA DAILY China is set to maintain its commanding lead in global electric vehicle (EV) adoption for at least the next 15 years, according to the recently released bp Energy Outlook 2025 report. This sustained dominance…

Book Why Wuzhen tracks 10-year journey of WIC Wuzhen Summit

The book Why Wuzhen, written by Ren Xianliang, secretary-general of the World Internet Conference (WIC), was published before this year’s Wuzhen Summit, which will run from Nov 6 to Nov 9. Ren documents the complete ten-year journey of the WIC Wuzhen Summit, from its inception in 2014, to its global reach in 2024 in the…