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Real estate shows signs of stability

A property agent (center) introduces a residential project in Qingzhou, Shandong province. [WANG JILIN/FOR CHINA DAILY] China’s real estate sector has shown signs of halting its downward spiral and moving toward stabilization in the first half of the year, as the effect of various supportive policies kicked in, officials and analysts said. Sheng Laiyun, deputy…

Chinese company Apsonic becomes sponsor for Africa Cup of Nations

Chinese motorcycle brand Apsonic signs a cooperation agreement with the Confederation of African Football on Friday, becoming the official sponsor for the Africa Cup of Nations in 2025 and 2027. [Photo by Qiu Quanlin/chinadaily.com.cn] Apsonic, a Guangdong-based motorcycle brand, signed a cooperation agreement with the Confederation of African Football in the provincial capital of Guangzhou…

Songshan Lake: a microcosm of China’s innovation ecosystem

A staff member operates robot to climb stairs at a robot base in Dongguan, South China’s Guangdong province, June 23, 2025. [Photo/Xinhua] GUANGZHOU — Songshan Lake, nestled in south China’s Guangdong province, buzzes with youthful energy as tomorrow’s tech leaders weave through roads once scented by lychees. Just two decades ago, this thriving innovation hub…

Scorching northeast heating up purchases of air conditioners

Consumers browse air conditioners at a shopping mall in Shenyang, Liaoning province, in June. [Photo provided to China Daily] An unprecedented heatwave sweeping through Northeast China this summer is triggering a dramatic surge in demand for air conditioners, transforming a traditionally tepid market into a new hot spot for the cooling appliances sector. Typically insulated…

Nvidia CEO: Chinese cars are unfortunately not available in the US

Nvidia founder and CEO Jensen Huang said in an interview with China Daily on Wednesday that “The electric vehicles in China are probably, in the last five years, the most surprising to the world in terms of the advancement. On purely technical styling, you know, objective basis, the cars are absolutely great.” He met Lei…

Policies help firms expand in Shanghai

The skyline of Shanghai’s Pudong New Area on April 26, 2025. [Photo/VCG] The Shanghai municipal government announced last month several measures to promote the high-quality development of the software and information technology industry, aimed at leveraging the sector as a key engine in supporting the city’s economic growth, according to an official notice. Effective July…

Railway network sets new benchmarks

Visitors check out an intelligent air source system at the Knorr-Bremse booth in Beijing in July. [Photo provided to China Daily] China’s high-speed rail network has evolved into the world’s most advanced and extensive system, setting benchmarks in digitalization, safety, and efficiency, according to a senior industry executive. “We see very high potential to implement…

ExxonMobil puts mega ethylene project into operation in Huizhou

ExxonMobil’s mega ethylene project in Huizhou, South China’s Guangdong province, officially started operations on Tuesday, playing a role in helping the city in the Guangdong-Hong Kong-Macao Greater Bay Area compete for a global petrochemical industry power house. This is one of the major foreign investment projects of the country and the first major petrochemical project…

Nvidia CEO: China has three unique advantages for humanoid robots

Nvidia founder and CEO Jensen Huang said in an interview with China Daily that “China has three unique advantages to develop humanoid robots — excellent AI technology, exceptional expertise in mechatronics and electromechanical systems, and a massive manufacturing ecosystem enabling rapid robotics deployment.” Tanks to chinadaily.com.cn Please visit: Our Sponsor

Diversification, innovation key to energy security

A cargo ship unloads imported crude oil in Qingdao, Shandong province, in March. YU FANGPING/FOR CHINA DAILY China’s long-term energy security strategy is robust enough to withstand even extreme scenarios, such as the potential shutdown of the vital Strait of Hormuz, said industry experts and company executives. Disruptions caused by geopolitical uncertainties are unlikely to fundamentally…