During the 2025 World Internet Conference (WIC) Digital Silk Road Development Forum in Quanzhou, Fujian province, experts from the WIC Think Tank Cooperation Program unveiled a series of research reports. These reports focused on key areas such as international digital economy cooperation, AI’s role in advancing the Digital Silk Road, humanoid robots, and antitrust practices…
Consumers check out blind box toys at an outlet in Shanghai in June. [Photo/CHINA DAILY] New stipulations regulate prices, ban on sales to children under 8 years old The State Administration for Market Regulation, China’s top market regulator, stipulated that businesses shall not sell blind boxes to juveniles under 8 years old, as part of…
China is likely to roll out fresh policy initiatives focused on further boosting domestic demand and enhancing economic resilience, as analysts cautioned about the growing impact of external pressures, particularly Washington’s “reciprocal” tariffs, intensifying in the current half. The State Council, the country’s Cabinet, made it clear during an executive meeting last week it would…
Huawei Technologies Co has staged a remarkable comeback, reclaiming its leading position in terms of shipments in China’s smartphone market in the second quarter, according to a latest report from market research company International Data Corp. This achievement marks Huawei’s return to the summit after a challenging six-year period, with shipments reaching 12.5 million units,…
China’s latest efforts to regulate the promotional activities of major food delivery platforms and urge rational competition will help maintain market order and promote the healthy and orderly development of the platform economy, experts said. These platforms should ramp up technological innovation, optimize delivery networks and adopt differentiated strategies to further improve user experience and…
Mustad’s factory in Wuxi. [Photo provided to chinadaily.com.cn] As the Managing Director of Mustad Wuxi, I have been fortunate to witness the remarkable evolution of our factory over the past 25 years. Mustad, a globally renowned fishing gear manufacturer since 1877, established its Wuxi facility in 2001 as part of its strategic expansion into Asia.…
An employee of a department store in Beijing helps a foreign tourist with his tax refund. JU ZONGHUAN/XINHUA Shanghai, Beijing, Guangdong province’s Guangzhou, Tianjin and Chongqing have been taking the lead in becoming international consumption centers in China, and significant achievements have been made after four years of development. As part of the country’s broader…
Against the backdrop of the deep integration of the digital and real economies, the convergence of culture and technology has become a driving force for innovation. Amid that, immersive and interactive cultural consumption is emerging as a new trend, while the “culture plus technology” model represents a systemic restructuring of the factors of production, with…
Drone makers in Guangzhou, Guangdong province, exported more than 6,100 drones in the first five months, up 252 percent year-on-year, and achieved a record for the period, according to a statement released by the municipal commerce bureau of the provincial capital. More than half of the 6,134 drones delivered are for agricultural use, the statement…
An image shows a power station in Markham county, Xizang autonomous region. [LIAO ZUPING/FOR CHINA DAILY] LHASA — A total of 16 centrally administered state-owned enterprises (SOEs) have pledged their support for the development of Southwest China’s Xizang autonomous region, with 75 investment deals worth 317.5 billion yuan ($44.4 billion) concluded. The agreements, covering energy,…