China’s financing activity maintained steady momentum in the first half of the year, with further improvements seen in June, indicating a recovery in market confidence, official data showed on Monday. The country’s aggregate social financing — the total amount of financing to the real economy — reached 22.83 trillion yuan ($3.18 trillion) in the first…
Consumers select new energy vehicles in a BYD 4S store on March 11 in Qinhuangdao, Hebei province. CAO JIANXIONG/FOR CHINA DAILY BEIJING — China registered a record 5.62 million new energy vehicles (NEVs) in the first half of 2025, marking a year-on-year increase of 27.86 percent, according to data released by the Ministry of Public…
A Sam’s Club is seen in the Daxing district of Beijing. [Photo/VCG] Sam’s Club, the membership-only retail chain owned by Walmart Inc, is under fire from Chinese consumers over its recent introduction of mass market snacks that critics claim fall short of the brand’s promise of premium, carefully curated offerings. Since early July, online users…
Editor’s Note: The State Council Information Office invited five representatives from key private enterprises on Tuesday to share their stories about their pursuit of high-quality industrial development and innovation. Wang Xingxing, founder and CEO of Unitree Robotics Our company, founded in 2016, specializes in high-performance quadruped and humanoid robots, with many of our key technical…
Samsung Electronics has unveiled its latest foldables, including the Galaxy Z Fold7. [Photo provided to chinadaily.com.cn] South Korean technology company Samsung Electronics has unveiled its latest foldable smartphones, the Galaxy Z Fold7 and Galaxy Z Flip7, which come with multimodal artificial intelligence capabilities, as the company aims to grab a bigger slice of the highly…
China’s cross-border e-commerce continued its growing momentum in 2024, hitting a new milestone with total volume throughout the year reaching 2.71 trillion yuan ($378 billion), up 14 percent year-on-year, according to data released by the General Administration of Customs.Let’s take a look at the AI video to find out more! Tanks to chinadaily.com.cn Please visit:…
Visitors gather at an exhibition area of the 2025 Global Digital Economy Conference in Beijing on July 2. ZHANG CHENLIN/XINHUA BEIJING — When picturing a steel factory, words like “heavy”, “smoky” and “arduous” often come to mind. But a technological breakthrough is proving that the iron and steel industry can be smart and sophisticated, thanks…
A cargo ship is seen past containers at the Port of Ningbo-Zhoushan in Ningbo, East China’s Zhejiang province on May 28, 2025. [Photo/VCG] Despite the sweltering conditions, the factory floor of Ningbo Iceberg Electronic Appliance Co in Ningbo, East China’s Zhejiang province, was a hive of activity in early July. Workers at the plant moved…
A drone photo shows the shipbuilding site of the subsidiary of China State Shipbuilding Corp Ltd in the Guangxi Zhuang autonomous region on March 20. In early July, a shipyard along the Yangtze River in Jiangyin, East China’s Jiangsu province, was humming with the sounds of welding and hammering. In one berth, work on an…
The Ministry of Commerce, in collaboration with the Ministry of Science and Technology, released an updated version of the Catalogue of Technologies Prohibited and Restricted from Export on Tuesday, aiming to better align export controls with evolving technological developments and national interests. A new restricted item concerning battery cathode material preparation technologies—such as lithium iron…