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Huawei beats rivals in Q2 shipments

Huawei Technologies Co has staged a remarkable comeback, reclaiming its leading position in terms of shipments in China’s smartphone market in the second quarter, according to a latest report from market research company International Data Corp. This achievement marks Huawei’s return to the summit after a challenging six-year period, with shipments reaching 12.5 million units,…

Rational competition urged for platform economy

China’s latest efforts to regulate the promotional activities of major food delivery platforms and urge rational competition will help maintain market order and promote the healthy and orderly development of the platform economy, experts said. These platforms should ramp up technological innovation, optimize delivery networks and adopt differentiated strategies to further improve user experience and…

Hooking up with Wuxi: 25 years of growth and innovation

Mustad’s factory in Wuxi. [Photo provided to chinadaily.com.cn] As the Managing Director of Mustad Wuxi, I have been fortunate to witness the remarkable evolution of our factory over the past 25 years. Mustad, a globally renowned fishing gear manufacturer since 1877, established its Wuxi facility in 2001 as part of its strategic expansion into Asia.…

5 cities aim for global consumption center status

An employee of a department store in Beijing helps a foreign tourist with his tax refund. JU ZONGHUAN/XINHUA Shanghai, Beijing, Guangdong province’s Guangzhou, Tianjin and Chongqing have been taking the lead in becoming international consumption centers in China, and significant achievements have been made after four years of development. As part of the country’s broader…

Immersive and interactive cultural consumption emerges as a new trend

Against the backdrop of the deep integration of the digital and real economies, the convergence of culture and technology has become a driving force for innovation. Amid that, immersive and interactive cultural consumption is emerging as a new trend, while the “culture plus technology” model represents a systemic restructuring of the factors of production, with…

Guangzhou sees surge in drone exports

Drone makers in Guangzhou, Guangdong province, exported more than 6,100 drones in the first five months, up 252 percent year-on-year, and achieved a record for the period, according to a statement released by the municipal commerce bureau of the provincial capital. More than half of the 6,134 drones delivered are for agricultural use, the statement…

China’s SOEs to invest over 317b yuan for Xizang’s development

An image shows a power station in Markham county, Xizang autonomous region. [LIAO ZUPING/FOR CHINA DAILY] LHASA — A total of 16 centrally administered state-owned enterprises (SOEs) have pledged their support for the development of Southwest China’s Xizang autonomous region, with 75 investment deals worth 317.5 billion yuan ($44.4 billion) concluded. The agreements, covering energy,…

Draft to amend price law unveiled

China unveiled the draft of an amendment to its price law on Thursday for seeking public opinions, marking a significant step in strengthening market supervision, deterring unfair pricing practices, and reinforcing the country’s push toward a more efficient and high-quality economic structure. Experts said the move sends a clear signal that China is committed to…

IPv6 pioneer applauds China’s digital progress

Speaking at the 2025 World Internet Conference Digital Silk Road Development Forum in Quanzhou, Latif Ladid, founder and president of the IPv6 Forum, commended China’s achievements in building next-generation internet infrastructure. Over 800 million people in China now use IPv6, making the country the global leader, according to Ladid. Data from GSMA shows China also…

China Unicom unveils platform to help automakers’ global push

China Unicom Smart Connection Technology Limited unveils the China Unicom intelligence global IoV platform at the 2025 China Unicom partner conference. [Photo provided to chinadaily.com.cn] Chinese automakers are transitioning from merely exporting vehicles to establishing a comprehensive presence in global markets, leveraging their advantages in electrification and intelligent connectivity, according to a senior executive at China…