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China’s manufacturing fuels global tech innovation

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HEFEI — A high-end passenger vehicle jointly developed by JAC Motors and Huawei has attracted many visitors at the ongoing 2025 World Manufacturing Convention, with its luxury interior, digital chassis and Huawei’s advanced intelligent driving technology gaining significant attention. The premium MAEXTRO S800 sedan is being showcased in the exhibition area of this year’s convention,…

Sportswear firms, robot makers team up for growth

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Chinese sportswear companies are riding on the wave of humanoid robotics nationwide for innovation and market edge. Li-Ning said it started product trials on Sept 11 using Tien Kung humanoid robots to test its running shoes at its research center in Beijing. The trial follows a strategic cooperation agreement signed in July between Li-Ning and…

Trade surges with China’s tech, openness

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Visitors experience an immersive VR project at the 2025 China International Fair for Trade in Services in Beijing on Thursday. ZOU HONG/CHINA DAILY BEIJING — In Shougang Park, which was formerly an ironworks site in western Beijing, new technologies from AI to cloud computing and green innovation were on display amid the rusting blast furnaces and…

China, ASEAN trade thrives with closer agricultural, manufacturing cooperation

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BEIJING — Trade between China and ASEAN has seen robust growth in the first eight months of the year, boosted by deepened cooperation in the agricultural and manufacturing sectors, data from the General Administration of Customs (GAC) showed on Tuesday. China and ASEAN have been each other’s largest trading partners for five consecutive years, with…

Canva drives AI experience in nation

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China’s fast-growing digital economy and creative user base are reinforcing the confidence of global firms, and online graphic design firm Canva is intensifying its latest artificial intelligence-powered innovations in the market, a senior executive of the Sydney-based company said. At this year’s China International Fair for Trade in Services in Beijing, Canva teamed up with…

China pares down US Treasury holdings

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China cut its US Treasury holdings by $25.7 billion in July to $730.7 billion, marking the steepest reduction in nearly two years and pushing its holdings to the lowest since 2009, as the country’s foreign exchange reserve diversification continued, official data showed. Analysts said the reduction was influenced by expectations of US interest rate cuts,…

WIC holds meeting on cultural heritage digitalization in Xi’an

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A special meeting of the World Internet Conference (WIC) working group on the cultural heritage digitalization was held in Xi’an, Northwest China’s Shaanxi province, on Sept 16. Ren Xianliang, secretary-general of the WIC, attended the meeting and delivered a speech. He stressed that in the new era of digital civilization, cultural heritage digitalization has become…

China’s rail freight volume up 3.5% in Jan-Aug

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BEIJING — China’s national railways transported approximately 2.68 billion metric tons of goods in the first eight months of 2025, which was up 3.5 percent year-on-year, according to data released by the national railway operator on Tuesday. The China State Railway Group Co Ltd (CSRG) data showed that an average of 184,000 freight cars were…

Merck aims to partner with pharma innovators

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A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt, Germany, Jan 28, 2016. [Photo/Agencies] Germany-headquartered technology giant Merck has set its sights on becoming the “best partner of choice” in the pharmaceutical industry, leveraging its global commercialization capabilities to support Chinese medical innovation on the world stage, a senior executive said.…

Nation to improve regulatory framework in banking sector

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China will improve the regulatory framework for the banking sector in an effort to ensure the stability of the country’s financial system and better safeguard people’s assets, the State Council, China’s Cabinet, said on Friday. The draft revision of the bank supervision and management law was discussed and approved in principle during a State Council…