The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, jumped 1.9 percent on Thursday to close at 2,164.09 points, the highest level in more than three months, driven by sectors including consumer electronics, innovative drugs and solid-state batteries. The broader A-share market also ended higher on Thursday, with the benchmark Shanghai Composite Index up…
Employees from State-owned China Railway Construction Corp’s 24th bureau operate a drone to conduct on-site construction checks in Shanghai. CHINA DAILY The Yangtze River Delta railway network reported a record 455 million passenger trips in the first half, with a daily average of 2.51 million travelers — a 4.6 percent year-on-year increase. China Railway Shanghai…
Luckin Coffee Inc marked its official entry into the United States with the soft launch of two pickup-only stores in New York City on Monday, signaling the Chinese coffee chain’s global ambitions as it eyes a slice of the world’s largest and most mature coffee market. The two locations — one in Midtown Manhattan and…
The Experimental Advanced Superconducting Tokamak (EAST) developed by the Hefei Institutes of Physical Science of CAS in Hefei, Anhui province, Jan 15, 2025. [Photo/Xinhua] HEFEI — Residents of Hefei say the city has two suns — one suspends in the sky and the other lies in an industrial park in the city’s suburb. Hefei, capital…
An employee works at a chip testing workshop in Wuhan, Hubei province, in January 2024. XUE TING/FOR CHINA DAILY Washington’s restrictions on high-tech exports, including advanced chips and tariffs, are causing significant losses for US companies, while simultaneously accelerating breakthrough innovations in China’s technology sector, industry leaders and experts said. Executives across US and Chinese…
Industrial upgrade is key for China to sharpen its edge amid global competition and more efforts are needed to support the growth of small and medium-sized enterprises, which have shown remarkable resilience through the China-US trade frictions, said a renowned expert. “The competition between China and the US ultimately boils down to competition within the…
A direct route linking China’s economic hub Shanghai and Ulan Bator, capital of Mongolia, will be launched by Miat Mongolian Airlines on July 3, which is expected to enhance travel convenience and strengthen economic and trade ties between the two neighboring countries. “The direct flight between Shanghai and Ulan Bator is a new achievement in…
An AI pianist performs at a shopping mall in Shanghai on June 29. [Photo/VCG] BEIJING — China’s State Administration for Market Regulation on Wednesday said that it has released a series of national standards for emerging industries such as artificial intelligence (AI). Seven national standards have been released — covering AI, information technology and the…
Visitors watch a robot making coffee during the Global Digital Economy Conference 2025, which kicked off on Wednesday in Beijing. ZHANG ZHENGYE/FOR CHINA DAILY China will ratchet up efforts to accelerate technological innovation, share its original technologies and innovative scenarios, and promote the digital transformation of urban areas, as part of a broader push to…
China’s textile and apparel producers are making more efforts to cut carbon emissions, and technologies such as intelligent manufacturing, biomanufacturing and 3D printing are helping them to further accelerate the sector’s green transformation. As a core hub for global textile and clothing production and consumption, China’s processing of textile fibers accounts for over 50 percent…