A drone is used to hoist photovoltaic construction equipment in Yueqing, Zhejiang province, on May 25. CAI KUANYUAN/FOR CHINA DAILY China is cementing its position as the dominant force in global clean energy investment, driving down equipment costs and playing a pivotal role in the worldwide shift toward sustainable energy, according to a report released…
Property developer China Evergrande Group announced on Tuesday that the Hong Kong stock exchange has decided to delist it, effective Aug 25, and the company confirmed it will not apply for a review. The announcement came after a letter was received from the bourse operator on Friday, stating that Evergrande, which is already in the…
China will offer a new loan interest subsidy for businesses in eight eligible categories of the service sector, which officials and analysts said is an innovative step to enhance service offerings and spur spending appetites that will help the country meet its annual growth targets. “With an interest subsidy ratio of 1 percent, every 1…
The signs of a bull run are slowly but steadily emerging in China’s A-share market, underpinned by ongoing structural reforms and sustained long-term capital inflows. Experts said the developing rally is expected to gain further traction on the back of policy support and a gradually improving external environment. Their remarks came on Wednesday as the…
[Photo provided to chinadaily.com.cn] Kingdee International Software Group reported strong first-half growth, driven by surging demand for its AI-infused cloud subscription services and continued leadership in China’s enterprise software market. Revenue for the six months ended June 30 rose 11.2 percent year-on-year to 3.19 billion yuan ($442 million), with cloud services up 11.9 percent to…
The “intelligent production” large model, independently developed by Shandong Inspur Intelligent Production Technology Co Ltd, is drawing spotlight at an ASEAN AI summit 2025 held in Malaysia between Aug 12 and 13. [Photo provided to chinadaily.com.cn] A China-made “intelligent production” large model, being displayed at a global artificial intelligence trade event in Malaysia, is attracting…
A trainee drives an AI-driven training vehicle at the Xinlong driving school in Dongyang, East China’s Zhejiang province, July 5, 2025. [Photo/Xinhua] China’s top market regulator and the Ministry of Industry and Information Technology have issued a draft notice seeking public feedback on tighter oversight of recalls, production consistency and marketing practices for intelligent connected…
Chinese robotics startup X Square Robot is accelerating its development of general-purpose robots capable of performing precise and complex tasks, with applications spanning diverse fields including households, services and industries. The company specializes in developing next-generation robots based on embodied intelligence foundation model and robotic systems powered by real-world data, said Wang Qian, founder and…
A cashier counts RMB notes in a bank in Haian, Jiangsu province. [Photo/Sipa] China’s aggregate social financing and broad money supply growth remained solid in July, official data showed on Wednesday, underscoring the continuation of an accommodative monetary policy that is providing a suitable financial environment for the real economy. The country’s aggregate social financing…
German travel blogger Melina Weber recently visited Chengjiang Fossil Site Natural History Museum in Yuxi, Yunnan province, and came face-to-face with – an ancient pig’s… Read More »Guess what it is? A fossil of …