Visitors observe a China Unicom network-enabled humanoid robot at the 2026 Mobile World Congress Shanghai on June 24. CHINA DAILY As the world’s gaze focused on the FIFA World Cup 2026, an electrifying spectacle of skill unfolded at an exhibition hall in Shanghai: humanoid robots stepping up to the penalty spot, striking balls with precision…
China’s factory activity returned to expansion territory in June, moving back above the 50-point mark after standing at the boom-bust threshold a month earlier, official data showed on Tuesday. Data from the National Bureau of Statistics showed that China’s official purchasing managers’ index for the manufacturing sector came in at 50.3 in June, up 0.3…
The Bank of China’s booth is seen during an expo in Shenzhen, Guangdong province. CHINA DAILY China’s commercial banks stepped up the issuance of tier 2 capital bonds and perpetual bonds in the second quarter to replenish capital, strengthen resilience against financial risks and better serve the real economy. According to market tracker Wind Info,…
A robot seen at the recent China (Shanghai) International Technology Fair. BAO GANSHENG/FOR CHINA DAILY With a record 600 deals reached, the China (Shanghai) International Technology Fair (CSITF), which concluded recently, has become an ideal platform for introducing the latest innovations and technologies, creating vast business opportunities and promoting industry cooperation spanning domestic and global…
The Shaanbei-Anhui ±800-kilovolt ultra-high voltage direct current (UHVDC) transmission project has been completed and commenced operation on Tuesday, according to the State Grid Corporation of China. The project marks the nation’s first UHVDC transmission project to go into service during the 15th Five-Year Plan (2026-30) period, representing another landmark development in the country’s efforts to…
Employees arrange imported products at a warehouse in Jinhua, Zhejiang province, on June 18. PAN QIUYA/FOR CHINA DAILY The 618 shopping festival, once dominated by price comparisons and heavy discounts, is increasingly being shaped by consumer demand for value, differentiation and lifestyle relevance, said experts. A survey released by iiMedia Research showed that 57.59 percent…
China’s new energy vehicle makers are accelerating their move into Canada as the two countries’ new trade arrangement opens the door to greater market access, with leading automakers already moving to establish local sales networks and prepare product launches. The latest sign of that momentum came as China’s Ambassador to Canada Wang Di announced that…
China’s electronic information manufacturing industry is set to embark on a transformative journey from scale expansion to quality enhancement and resilience building during the 15th Five-Year Plan (2026-30) period, experts and corporate executives said. Guo Chaoxian, a researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences, said while the global…
China’s electronic information manufacturing industry is set to embark on a transformative journey from scale expansion to quality enhancement and resilience building during the 15th Five-Year Plan (2026-30) period, experts and corporate executives said. Guo Chaoxian, a researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences, said while the global…
A view of the Zhejiang Tiantai Pumped-storage Power Station. SUN JINBIAO/FOR CHINA DAILY The full operation of a record-breaking pumped-storage hydroelectricity station in East China is poised to further accelerate the nation’s green energy transition and fortify long-term grid security, said industry experts. Marking a monumental technological leap in ultra-high head and large-capacity energy storage,…