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…
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…
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…
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…
As the world’s attention turns to whether higher-end chips from US semiconductor company Nvidia can gain better access to the Chinese market, experts are calling for more efforts to build mutual trust between China and the United States to address broader issues related to semiconductors, experts said. The comments came after US President Donald Trump…
Experts, patients, and company representatives from Johnson & Johnson Innovative Medicine pose for a picture at the launch event of a public welfare initiative for psoriasis patients on Oct 27. [Photo provided to chinadaily.com.cn] Marking World Psoriasis Day on Oct 29, a public welfare initiative was launched in Beijing to raise awareness of fair development opportunities…
Chinese leading food delivery platforms — Alibaba Group-backed Ele.me, Meituan, and JD — have launched a “dine-in” label on their platforms, and some merchants providing catering services on the platforms have been certified. The move came after the State Administration for Market Regulation recently released a draft guideline on the supervision and management of food…
A special fund focusing on investing in strategic emerging industries by central State-owned enterprises was launched in Beijing on Wednesday. It was initiated by the State-owned Assets Supervision and Administration Commission and entrusted to China Reform Holdings Corporation Ltd, a State-owned investment firm for establishment and management. The fund has met investment conditions and will…
The Michelin Guide officially unveils its full selection for Beijing 2026, along with four individual awards, on Wednesday at Nuo Beijing Hotel. [Photo provided to chinadaily.com.cn]… Read More »Beijing restaurants taste Michelin glory
BEIJING — China has allocated a total of 500 billion yuan (about $70.56 billion) through a new policy-based financial instrument, the country’s major policy banks announced on Thursday. The China Development Bank, the Export-Import Bank of China, and the Agricultural Development Bank of China allocated 250 billion yuan, 100 billion yuan and 150 billion yuan,…