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Debut economy critical tool to enhance competitive edge

A customer shops at Holiland and Sexy Tea, a popular tea brand also known as Modern China Tea Shop, in Yichang, Hubei province on Dec 24. LI YALONG/FOR CHINA DAILY From the first restaurant that required customers to pedal bicycles to generate electricity, to the first cup of bubble tea delivered by drones — and the…

Inspur Cloud gears up for better infra

Chinese company Inspur Cloud is pushing forward with a major strategic upgrade of its cloud infrastructure, aiming to meet surging customer demand for AI-powered solutions and drive nationwide intelligent transformation across industries, its chairman said. Xiao Xue, executive president of Inspur Group and chairman of Inspur Cloud, said in an interview that in response to…

Plush toy appeal intensifies among youth

Consumers browse toys at a Jellycat counter in Shanghai on Jan 20. CHINA DAILY A normal-sized plush toy retails for around 50 yuan ($6.9) on average in China. However, a 31-centimeter version plush toy from London-based toymaker Jellycat is priced at 399 yuan or more, and flies off the shelves the moment it becomes available. These…

AstraZeneca CEO: China already a global innovation hub

Multinational pharmaceutical company AstraZeneca is bullish about China’s role as a global innovation powerhouse, underpinned by the country’s sound prospects as well as its growing innovation capability in new and emerging sectors, its top executive said. Pascal Soriot, global CEO of AstraZeneca, said in an exclusive interview with China Daily that the company is investing…

Ajlan & Bros hails policy steps as confidence boosts

Ajlan & Bros’ booth is seen during a services expo in Beijing. CHINA DAILY Ajlan & Bros Group, the largest Saudi Arabian private sector conglomerate in China, said it has been benefiting from the country’s improving business environment and further opening-up, citing a surge in new foreign investments as evidence of the market’s growing appeal.…

Robotics sector goes full throttle for self-reliance despite headwinds

A visitor captures images of a humanoid robot performing calligraphy during the 2025 Zhongguancun Forum in Beijing on Thursday. WANG JING/CHINA DAILY With breakthroughs in critical technologies, China’s robotics industry is gaining significant momentum as it strides ahead, experts and industry insiders have said. Qiao Hong, an academician at the Chinese Academy of Sciences and…

China’s tech advances boon for global firms

China is emerging as an innovation-centric economy, with technological advances setting the stage for global shifts, while foreign companies can leverage their expertise around the world to help Chinese businesses bolster digital transformation, said Samantha Zhu, chairperson of Accenture Greater China. “For businesses in China looking to boost their productivity and maintain competitiveness, technologies led…

Duty-free curb called ‘self-defeating’

Shein and Temu logos are seen in this illustration taken on Aug 22. [Photo/Agencies] The Trump administration’s latest tariff policy to cancel tax exemptions on low-value packages from China will disrupt the international trade order and increase costs for US consumers, according to Chinese industry associations and experts. The policy to end the de minimis…

China counters US tariffs

China fired off a sweeping package of robust countermeasures on Friday — including a 34 percent tariff hike and rare earth export controls — in response to the latest round of sweeping tariffs adopted by the administration of United States President Donald Trump. More forceful and precise counterstrikes are still in Beijing’s pocket if Washington…

China opens probe into DuPont for alleged monopolistic practices

The DuPont’s logo. [Photo/VCG] The State Administration for Market Regulation, China’s top market regulator, announced on Friday night that it has launched an investigation into DuPont China Group, a subsidiary of the US firm DuPont, for suspected monopolistic practices in violation of China’s Anti-Monopoly Law. The move came as China launched on Friday at least…