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China will deliver broad-based growth

From left to right: Frank Xu, Rio Tinto China CEO; Samantha Zhu, chairperson of Accenture Greater China; Takeshi Yoshida, president of Sony China; Zhang Ying, managing director of Dassault Systemes Greater China. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in assessing the success of the…

NEV brands gaining ground in Europe

A BYD vehicle on display during an auto expo in Paris, France last year. GAO JING/XINHUA Chinese car manufacturers are gaining more ground in Europe with their innovative products and long-term market approaches. Sales of China’s largest new energy vehicle maker BYD skyrocketed in the United Kingdom by 550.8 percent to 1,614 units in January,…

AI labeling to fight spread of fake info

Chinese authorities issued guidelines on Friday requiring labels on all artificial intelligence-generated content circulated online, aiming to combat the misuse of AI and the spread of false information. The regulations, jointly issued by the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the Ministry of Public Security, and the National Radio and…

Confidence expressed in growth outlook

Participants in the “CEO: Grow with China” roundtable interact with each other on economy-related topics in Beijing on Friday. WANG ZHUANGFEI/CHINA DAILY China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for both domestic and foreign companies, with its intensified efforts to spur innovation…

China’s aggregate social financing figure for Jan-Feb released

China’s aggregate social financing — the total amount of financing to the real economy — stood at 9.29 trillion yuan ($1.29 trillion) in the January-February period, up by 1.32 trillion yuan compared to the same period last year, official data showed. The People’s Bank of China, the country’s central bank, said on Friday that the…

EU life expectancy hits 81.4 years, exceeding pre-COVID level

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China on track to achieve growth target for 2025, say experts and business leaders

The “CEO: Grow with China” Roundtable was hosted by China Daily Institute for Corporate Communication and China Services Information Platform on Friday, with participants sharing insights about China’s business opportunities. [Photo by Wang Zhuangfei/chinadaily.com.cn] China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for…

Employment rate stable, labour market slack down in Q4 2024

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Chinese EV maker XPeng bets big on autonomous driving

He Xiaopeng, chairman and CEO of XPeng, unveiled the company’s 2025 G6 and G9 auto models. [Photo provided to chinadaily.com.cn] Chinese electric vehicle company, XPeng Motors, unveiled its 2025 G6 and G9 auto models on Thursday, as it bets on autonomous driving and fast charging technologies to stand out amid intensified competition in the EV…

Chinese companies critical role in Africa’s development

NJ Ayuk (right), founder and executive chairman of the African Energy Chamber, signs a memorandum of understanding with Tima Networks during a forum held in Shanghai on March 13. [Photo provided to chinadaily.com.cn] Chinese companies have been playing a critical role in Africa’s accelerating process of energy transition and industrialization, and are expected to further…