DeepRoute.ai has launched its latest smart driving platform DeepRoute IO 2.0. [Photo provided to chinadaily.com.cn] Chinese smart driving company DeepRoute.ai has launched its latest smart driving platform, DeepRoute IO 2.0. Powered by its vision-language-action (VLA) model, the company says DeepRoute IO 2.0 is a significant step toward delivering smarter, safer and more human-like driving experiences.…
China’s inclusion of a call for comprehensive measures to curb “involution-style” competition in its government work report for the first time signals a shift towards supply-side reform, market regulation, and a return to rational pricing — moves that will support higher-quality and more sustainable growth in banking services, according to China CITIC Bank. At the…
BEIJING – A Chinese trade delegation will visit Washington, DC to meet with US officials, the Ministry of Commerce announced Thursday. The delegation, led by Li Chenggang, China international trade representative with the Ministry of Commerce and vice commerce minister, will visit the United States after visiting Canada from Aug 24 to 27, said ministry…
SHENYANG — China on Thursday unveiled the latest rankings of its 500 largest private enterprises, with e-commerce giant JD.com claiming the top spot, reflecting the robust growth of the country’s private sector. The list, compiled by the All-China Federation of Industry and Commerce (ACFIC), was released at the 2025 China Top 500 Private Enterprises Summit…
GUIYANG — China’s total intelligent computing capacity has reached 780,000 PFlops, which ranks second in the world, Liu Liehong, head of the National Data Administration, said on Thursday. Liu unveiled this data during the opening ceremony of the China International Big Data Industry Expo 2025, being held in Guiyang, capital of Southwest China’s Guizhou province.…
YINCHUAN — The seventh China-Arab States Expo kicked off on Thursday in Yinchuan, capital of Northwest China’s Ningxia Hui autonomous region, attracting more than 7,600 participants and over 2,200 enterprises and institutions from 75 countries and regions. Marking a historic first, all 22 Arab countries are taking part, alongside delegations from China’s 31 provincial-level regions,…
BEIJING – The Chinese capital has completed the construction of the “Well Town” project, its largest commercial outlet complex. The town is located near the Universal Beijing Resort and is expected to begin operations by late 2025, according to Beijing Urban Construction Group Co Ltd (BUCG) on Wednesday. With total investment exceeding 10 billion yuan…
Venues for the 2025 Shanghai Cooperation Organisation Summit, to be held on Sunday and Monday in Tianjin, will have a 100 percent green electricity supply, State Grid Tianjin Electric Power Company said. The venue operator for the summit recently completed a green electricity transaction with local Tianjin renewable energy companies that will secure one million…
The Shanghai Cooperation Organization (SCO) region is experiencing a significant surge in economic and trade development, unlocking vast potential. In 2024, the region’s trade volume exceeded $510 billion, reflecting a 2.7 percent growth from the previous year. During this period, the China-Europe Railway Express operating within the SCO region completed approximately 19,000 trips, marking a…
ZHENGZHOU — China’s digital publishing industry revenue reached another new high of 1.75 trillion yuan (about $245.9 billion) in 2024, according to an annual report on the industry released on Wednesday. This figure represents an 8.07-percent increase year-on-year, with the digital revenue from books, newspapers and magazines showing steady progress, said the report unveiled in…