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China releases national standards for emerging industries

An AI pianist performs at a shopping mall in Shanghai on June 29. [Photo/VCG] BEIJING — China’s State Administration for Market Regulation on Wednesday said that it has released a series of national standards for emerging industries such as artificial intelligence (AI). Seven national standards have been released — covering AI, information technology and the…

Promoting digital evolution of urban areas

Visitors watch a robot making coffee during the Global Digital Economy Conference 2025, which kicked off on Wednesday in Beijing. ZHANG ZHENGYE/FOR CHINA DAILY China will ratchet up efforts to accelerate technological innovation, share its original technologies and innovative scenarios, and promote the digital transformation of urban areas, as part of a broader push to…

Textiles weaving green prospects with high-tech

China’s textile and apparel producers are making more efforts to cut carbon emissions, and technologies such as intelligent manufacturing, biomanufacturing and 3D printing are helping them to further accelerate the sector’s green transformation. As a core hub for global textile and clothing production and consumption, China’s processing of textile fibers accounts for over 50 percent…

ACWA Power to boost footprint in China

ACWA Power, a Riyadh, Saudi Arabia-based energy and water desalination giant, remains deeply committed to investing in China and is set to strengthen its foothold in China’s rapidly growing renewable energy sector, said its top executive. ACWA Power’s founder and chairman, Mohammad A. Abunayyan, expressed strong optimism in the country’s renewable energy market and long-term…

Offshore yuan-based stablecoins eyed

China may step up efforts to explore offshore renminbi-based stablecoins as recent legislation in China’s Hong Kong may provide a legal foundation for such innovations, currency experts said, calling it a move that can enhance the country’s role in shaping the evolving global monetary system in the digital era. A stablecoin is a form of…

Capital market set for further policy boost

More policies aimed at stabilizing and advancing the Chinese capital market are expected in the near future, as the nation enhances its efforts to facilitate high-quality economic development, according to officials and experts. Strengthening capital markets is seen not only as a domestic priority, but also a strategic response to external shocks, helping to reinforce…

Guest nights booked online show solid growth in Q1 2025

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Hefei and NEVs: A two-way drive

Why does a car CEO travel to Hefei, Anhui province three times a week? Five years ago, NIO found new life in Hefei. Today, a state-of-the-art smart factory and an industrial “corridor” linking the entire supply chain have become the backbone of China’s EV ambitions. This two-way commitment between government and business doesn’t just save…

China Telecom pushes boundaries in quantum technologies

The Tianyan-504 superconducting quantum computer. [Photo by Jiang Ting/chinadaily.com.cn] In a stride toward the future of technology, China Telecom Quantum Group, a subsidiary of telecom giant China Telecom, is advancing quantum computing and quantum-resistant technologies to position itself at the cutting edge of both fields. Lyu Pin, chairman of the company based in Anhui province,…

Renewable energy supply grew by 3.4% in 2024

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