Schoolchildren take a tour in Baidu robotaxis in Chongqing on June 1. CHEN SHICHUAN/FOR CHINA DAILY The global robotaxi market is poised for rapid growth as strategic alliances between major technology companies and automakers move forward, propelled by advancements in autonomous driving technology. Uber and Baidu plan to launch robotaxis on the ride-sharing platform in…
The web literature pavilion of the 2025 Beijing International Book Fair held on June 21 at the National Convention Center drew crowds of young Chinese readers to author signings. [Photo by Guo Yanqi/chinadaily.com.cn] BEIJING — The revenue of China’s online literature market totaled 49.55 billion yuan (about $6.9 billion) in 2024, which was a year-on-year…
How should China strengthen the resilience of its economy? In April, the Trump administration announced a surge in global tariffs, triggering strong responses from governments around the world and causing sharp turbulence in financial markets. Within three days of the announcement, global stock markets lost over $9.5 trillion in market capitalization, and volatility intensified significantly…
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In Honghe prefecture of Yunnan province, the Hani rice terraces stretch across the mountains like an epic written on the Earth. Along the ancient Tea… Read More »Tales & Trails: Yunnan’s Honghe
China Unicom’s booth in its partner conference in Shanghai. [Photo provided to chinadaily.com.cn] China Unicom unveiled a big plan to accelerate the company’s intelligent computing infrastructure, including exploring a 100,000-GPU cluster deployment and targeting 45 EFLOPS of computing power, by the end of 2025. EFLOPS is a unit of the speed of computer systems and…
File photo shows a worker counts the US dollars at a bank in Tancheng County of Linyi city, East China’s Shandong province. [Photo/Xinhua] Economists and policy advisers have said that it is a strategic necessity for China to further scale back holdings in United States government debt in order to safeguard national financial stability, amid…
A ship preparing for its maiden voyage to the US West Coast docked at Nansha Port in Guangzhou, Guangdong province, on Wednesday, officially launching the first direct premium express shipping route between Guangzhou and the Port of Los Angeles. [Photo provided to chinadaily.com.cn] A ship preparing for its maiden voyage to the US West Coast…
CITIC Group shines at the 3rd China International Supply Chain Expo. [Photo provided to chinadaily.com.cn] The third China International Supply Chain Expo is being held in Beijing from July 16 to 20. Marking its third consecutive appearance, CITIC Group presents a comprehensive showcase of its latest achievements across key industrial sectors. At the advanced manufacturing…
GUANGZHOU — China’s leading home appliance manufacturer Midea Group has become the official sponsor of the Africa Cup of Nations 2025, which is scheduled to be held in Morocco. Midea Group and the Confederation of African Football (CAF) also signed a sponsorship cooperation agreement on Wednesday at the headquarters of Midea Group in Foshan, South…