BEIJING — The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 50.1 in July, down from 50.5 the previous month, official data showed Thursday. A reading above 50 indicates expansion, while a reading below 50 reflects contraction. The sub-index for the construction sector came in at 50.6 in July, down from the…
The Enterprise Committee of the China-BRICS Artificial Intelligence Development and Cooperation Center was officially launched at the Win-Win BRICS forum of the 2025 World AI Conference on Sunday. The event also saw the release of the first key outcome, the Guidance Framework for Global Development of AI Enterprises. “The framework is released to better guide…
An Xpeng G6 SUV on display during the Goodwood Festival of Speed in England on July 10. JOHN KEEBLE/GETTY IMAGES Chinese automakers have shown strong growth in Europe, a region long dominated by German and American brands as the cradle of the global auto industry. Their performance reached a new high in the first half of…
An aerial drone photo shows a duty-free shopping mall in Sanya, South China’s Hainan province, May 29, 2025. [Photo/Xinhua] Customs operations at the Hainan Free Trade Port, which will be completely independent island-wide from mid-December, are expected to strengthen the port’s connectivity with Asia-Pacific economies and boost its appeal to global investors, said market watchers…
Visitors inspect a Buick GL8 from SAIC-GM during the 28th anniversary celebration at West Bund in Shanghai on July 13. YING TANG/GETTY IMAGES Several global carmakers are now showing signs of recovery in China — thanks to a wave of bold localization strategies aimed at reclaiming relevance in a market increasingly dominated by domestic brands and…
Artificial intelligence agents serve as the predominant method to bolster the deployment of large language models as this cutting-edge technology can autonomously execute complex tasks across a multitude of industries, while liberating people from repetitive work, said Zhu Guangxiang, head of Baidu’s Miaoda product. AI agents have immense growth potential in the field of application…
This photo shows a prototype of CR450 bullet train undergoing tests in Beijing, capital of China, Feb 25, 2025. [Photo/Xinhua] BEIJING — Weeks after the conclusion of the 12th International Union of Railways (UIC) World Congress on High-Speed Rail, industry leaders are still taking stock of China’s rapid railway development and its expanding global influence.…
BEIJING — China’s National Development and Reform Commission announced on Wednesday that it is soliciting public opinions on draft plans to guide and evaluate government investment funds, aiming to better leverage their role in serving national strategies, boosting industrial upgrading, and fostering innovation and entrepreneurship. The draft plan on guiding government investment funds is designed…
Schoolchildren take a tour in Baidu robotaxis in Chongqing on June 1. CHEN SHICHUAN/FOR CHINA DAILY Self-driving cars have seemed the ultimate unfulfilled promise. Everyone from Tesla boss Elon Musk to ousted Nissan chairman Carlos Ghosn has hailed the impending mass arrival of vehicles that can dispense with human drivers, only for much-hyped timelines to…
Visitors gather at Apsara Conference, Alibaba Cloud’s annual flagship event, in Hangzhou, Zhejiang province. LONG WEI/FOR CHINA DAILY Alibaba Cloud, the cloud computing arm of Alibaba Group, is doubling down on open-source artificial intelligence models as the tech heavyweight aims to bolster the application of fast-evolving tech in a wider range of sectors, and make…