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China’s data industry more than doubles in market size during 2021-2025 period

BEIJING — China’s data sector has seen significant growth during the 14th Five-Year Plan period (2021-2025), with notable strides made in market size and digital infrastructure, official data showed Thursday. The sector’s scale reached 5.86 trillion yuan ($821.45 billion) by the end of 2024, up 117 percent from the end of 2020, Liu Liehong, head…

How emerging tech reshapes cultural tourism

Visitors immerse themselves in a digital art exhibition during the 2024 China International Fair for Trade in Services (CIFTIS) in the Cultural & Tourism Service thematic exhibition area at the Shougang Park in Beijing, capital of China, Sept 15, 2024. [Photo/Xinhua] What could an obsolete industrial furnace be repurposed for? Though many possibilities exist, transforming…

China Life Tips: Instant tax refunds redouble shopping fun

In the first half of this year, China recorded 13.64 million visa-free visits by foreign tourists, a 53.9 percent increase compared to the same period last year. This reflects efforts to improve the travel experience, including updates to departure tax refund policies. Foreign tourists can now claim VAT refunds for purchases as low as 200…

Tech boom boosts MNCs in China mkt

Export-bound vehicles are lined up at a port in Shanghai on April 15. CHINA DAILY China will continue to be a key center of exports, innovation and manufacturing for multinational companies despite uncertainty in the global economic and trade landscape, said executives of foreign companies. They said foreign businesses are deepening their presence in China,…

China completes issuance of ultra-long special treasury bonds for equipment upgrades

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] BEIJING — China has completed the issuance of 188 billion yuan ($26.35 billion) of ultra-long special treasury bonds in 2025, supporting the implementation of large-scale equipment upgrades across key sectors, the National Development and Reform Commission (NDRC) announced…

China proposes tighter rules on marketing of assisted-driving features

China’s top market regulator is seeking public comment on draft rules that would tighten oversight of how automakers market assisted-driving systems, aiming to curb misleading claims that could encourage unsafe driving. The State Administration for Market Regulation said in a notice Wednesday that companies must not imply assisted-driving features are equivalent to autonomous driving or…

Beijing’s robot shopping fest brings cutting-edge technology to life

A robot band performs at a themed restaurant in Beijing, capital of China, Aug 6, 2025. [Photo/Xinhua] BEIJING – As the doors swing open at Beijing’s new robot-themed restaurant, diners are greeted by humanoid waiters who nod and speak in lifelike gestures, while robotic servers glide between tables delivering dishes and a robot band plays…

Asia-Pacific airlines stand out in air cargo biz

Chinese logistics company SF’s aircraft are seen at an airport designated for freight transportation in Ezhou, Hubei province, on July 11. XIAO YIJIU/XINHUA Despite a generally modest performance by the global air cargo market, airlines in the Asia-Pacific region have indicated the strongest growth in demand across all regions, attracting more investments from international carriers.…

Resilient Chinese economy conducive to foreign firms

BEIJING — During last month’s third China International Supply Chain Expo (CISCE), overseas exhibitors made up 35 percent of participants — up 3 percentage points on 2024 and 9 points on the inaugural 2023 edition — with industry giants like Honeywell, GE Healthcare and Siemens already securing their spots for next year, underscoring foreign firms’…