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China and Russia can lead way in AI: leading banker

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Russian banker Alexander Vedyakhin says joint efforts by Russia and China in artificial intelligence could become the core of a new technological architecture that offers an alternative to Western centers of power. [Photo provided to chinadaily.com.cn] A leading Russian banker has insisted that, with their bilateral strength, Russia and China can expand cooperation in artificial…

Nio banks on multi-brand push to hit profit goal

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Visitors examine an ET9 at Nio’s booth at the Shanghai auto show in April 2025. [Photo by Li Fusheng/chinadaily.com.cn] Nio reported narrowing losses in the second quarter and raised its outlook for deliveries and revenue in coming months on Tuesday, betting on strong demand for new models under its multi-brand strategy as it aims to…

Sino-Kazakh trade showing more promise

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A workshop director inspects the production process at Aiju agricultural products logistics and processing park in the region of North Kazakhstan, Kazakhstan. [Photo/Xinhua] China-Kazakhstan trade is expected to see robust growth over the next five years, after bilateral trade hit a record high in 2024, setting the stage for further expansion in energy, agriculture, transport…

Energy cooperation platform within SCO launched

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China launched an energy cooperation platform within Shanghai Cooperation Organization member states in Beijing on Tuesday, signaling a major push to deepen collaboration on energy and drive green transition across the region. The diverse resources, markets, and technologies within SCO countries, particularly the abundance of renewable energy resources, create significant opportunities and a promising outlook…

Cross-Strait tech ties blossoming

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Entrepreneurs from across the Taiwan Strait emphasized leveraging technological innovation to promote industrial integration during an economic and trade exchange event held in Weifang, Shandong province on Tuesday. The event saw six cooperation agreements signed between enterprises from Shandong and Taiwan provinces covering sectors such as eco-agriculture, new materials, e-commerce platforms and food processing. Chiao…

NEV makers report robust performance in August

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Visitors check out Xpeng vehicles on display at a shopping mall in Luoyang, Henan province, on July 13. ZHANG YIXI/FOR CHINA DAILY China’s new energy vehicle manufacturers reported strong delivery growth in August, with several brands hitting new records, according to figures released by automakers. Among all the major players, Leapmotor once again led the pack,…

Alibaba boosting AI tech for efficiency

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Alibaba showcases its latest technological products at the World Artificial Intelligence Conference held in Shanghai, on July 28, 2025. [Photo/VCG] Chinese tech heavyweight Alibaba Group Holding Ltd is ramping up efforts to leverage fast-developing artificial intelligence technology to boost the digital and intelligent transformation of enterprises and increase product sales of merchants. Alibaba’s business-to-business online…

Ski resorts develop cool ideas to promote summer visits

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Skiers seen at an amusement park in Nantong, Jiangsu province, in August. XU PEIQIN/FOR CHINA DAILY When the temperature in many parts of the country exceeded 40 C, tourists at Beidahu Ski Resort in Jilin province were wearing down jackets and screaming with fun on the snow loop slide at minus 5 C. According to the…

Jiangxi Air launches Nanchang-Kuala Lumpur flights

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A Jiangxi Air aircraft receives a water salute upon arrival at Kuala Lumpur International Airport in Malaysia on Aug 25. CHENG YIHENG/XINHUA Direct flights from Kuala Lumpur to Nanchang, East China’s Jiangxi province, are expected into inject fresh impetus to the tourism sectors of both sides, said experts and officials. The comments came after Nanchang recently…

Interests of retail investors key to A shares

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The ongoing rally in China’s A shares has underscored the importance of reform execution, and closing regulatory gaps further to safeguard market fairness and investor interest is vital to sustaining the bull run, said Liu Jipeng, a senior expert on the capital markets. “A slow bull trend has taken shape. The goal should be making…