MA XUEJING/CHINA DAILY In an era where digital connectivity defines the pace of global progress, China is marking big strides in satellite communication. Backed by robust government policies, State-owned enterprises, and a growing number of private companies, the country is determined to carve out a significant presence in this nascent yet strategically vital industry. The…
A view of the booth of Momenta during an auto expo in Shanghai earlier this year. [Photo provided to China Daily] Autonomous driving firm Momenta is stepping up its push to go global, as intelligent transportation solutions offered by Chinese companies turn pivotal for global automakers navigating the industry’s shift toward smart driving, its chief…
Imagine this: you’re on a remote hiking trail, hours from the nearest town. Your phone has long shown “No Service”. Suddenly, a moment of need arises. You pull out your smartphone, not with hope, but with practical expectation. A few taps in the settings menu, and you enable the “satellite network” feature. Within seconds, a…
China has built the world’s largest renewable energy system during the 14th Five-Year Plan (2021-25) period, leading globally in installed wind and photovoltaic power capacity. With the world’s biggest EV charging network and cutting-edge technology, China is driving global decarbonization. Its clean energy exports have helped other countries reduce 4.1 billion metric tons of carbon…
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China is likely to press ahead with expanding the global use of the yuan in a gradual and prudent manner during the 15th Five-Year Plan period (2026-30), while continuing to foster a sound environment for using and holding the Chinese currency, officials and experts said. As the dollar-centered international monetary system appears increasingly fragile, efforts…
Apple CEO Tim Cook lifted the veil of time at the Wang’s Shadow Art Performance Hotel in Beijing. Through leather and light, he connected with a tradition passed down through millennia. Here, ancient craftsmanship meets modern technology — every frame is a dialogue between the past and future. A millennium-old art never grows old; it…
A view of The Louis, which was launched in Shanghai earlier this year. CHINA DAILY LVMH Moet Hennessy Louis Vuitton, the world’s largest luxury goods group, has reported revenue of 58.1 billion euros ($67.7 billion) for the first nine months of 2025, up 1 percent year-on-year, buoyed by improving demand in China. The modest uptick offers…
Press corner | European Commission Source
China’s accelerating drive of finance digitalization is shifting from technology-driven innovation to deepening institutional reforms, with digital assets expected to redefine the logic of capital market operations, said experts participating at a high-level forum in Beijing on Saturday. The push — highlighted at a parallel session of the 2025 Tongzhou Global Development Forum — reflects…