Visitors inspect the Nio ET9 at 2025 Auto Shanghai in April. Nio CEO William Li has warned that one cannot succeed in building a premium car brand by copying from others, even as Chinese EV makers are seizing a growing share of the market once exclusive to established German giants. “What’s critical is originality —…
As Washington seeks to globally restrict the use of Chinese advanced computing chips, Beijing is drawing a clear legal line by saying that any entity that enforces or enables the United States’ restrictions could be in violation of China’s Anti-Foreign Sanctions Law. While the US curbs might put short-term pressure on Chinese enterprises, analysts and…
Baristas work at a Starbucks Reserve Roastery in Jing’an district, Shanghai, on May 15. WANG GANG/FOR CHINA DAILY In China, low-sugar tea beverages are rapidly gaining ground as health-conscious consumers drive a structural shift in the soft drinks market. In 2024, sales of low-sugar tea drinks grew by 41 percent year-on-year. By 2029, these beverages…
Containers from a train that originated in Poland are loaded onto a train bound for Chongqing, Southwest China, at an indoor transfer station at the Alataw Pass, Xinjiang Uygur autonomous region. ZHANG XINGLONG/CHINA NEWS SERVICE Central and Eastern European countries (CEEC) are set to attract more Chinese businesses seeking trade and investment opportunities across the…
Technicians install solar panels at a saltern in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY International energy agencies have highlighted China’s essential role in leading the global shift toward sustainable practices, citing the country’s accelerated uptake of grid expansion and renewable capacity additions as a formidable example for the world. Speaking at the International Forum…
A China-Central Asia freight train bound for Tashkent via Horgos departs from a station in Tianjin Port in North China’s Tianjin, May 20, 2025. [Photo/Xinhua] TIANJIN – The Central Asia freight train bound for Tashkent, Uzbekistan, departed from North China’s port city Tianjin around 4 pm Tuesday, marking the first Tianjin-Central Asia freight train service…
The US government’s export controls on artificial intelligence chips to China were “a failure”, said Nvidia Chief Executive Jensen Huang on Wednesday at the annual Computex event in Taipei. Huang said, “All in all, the export control was a failure”. According to him, the fundamental assumptions that led to the AI diffusion rule in the…
China is urging Washington to correct its wrongdoing after the US issued a guidance seeking to globally restrict the use of Chinese advanced computing chips, including Huawei Ascend AI chips, the Ministry of Commerce said on Wednesday. “Any organization or individual implementing or assisting in the enforcement of these US restrictions will risk violating Chinese…
Executives of top businesses from Switzerland gather for Swiss Business Forum 2025 in Shanghai. [Photo provided to chinadaily.com.cn] Executives of top businesses from Switzerland gathered for a forum in Shanghai on May 15 to share insights on how “Swiss innovation” adapts for growth in China. Organized by SwissCham Shanghai, the Swiss Business Forum 2025 included…
An aerial drone photo taken on May 15, 2025 shows the car carrier Anji Ansheng at Shanghai Haitong International Automotive Terminal in East China’s Shanghai. [Photo/Xinhua] SHANGHAI — Anji Ansheng, China’s domestically built ocean-going car carrier and the world’s largest such carrier in terms of capacity, set sail on its maiden voyage to Europe on…