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4.3 million under temporary protection in January 2025

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Chinese smaller generative AI tool exhibits robust abilities at much lower cost

BEIJING — A Chinese open-source AI model is shown to rival top-tier global competitors such as DeepSeek R1, despite its smaller size, representing another step forward in balancing performance and efficiency in AI application. The QwQ-32B, unveiled last Thursday by Alibaba’s Qwen team, operates on just 24 GB of video memory with only 32 billion…

Amid Trump’s Tariff Whirlwind, China’s Global Trade Surplus Hits Record High

China has kept its response to Trump’s unpredictable tariff policies deliberately calm. While the world remains distracted by the U.S. president’s bizarre and constant shifts on issues like Ukraine, the EU, the Gulf of Mexico’s name, USMCA, NATO, or whatever new policy emerges from the Oval Office, China quietly sticks to its own playbook, steadily…

Foreign firm execs keen on China’s AI boom

From left to right: Janice Hu, China country head, UBS AG; chairperson of UBS Securities Co Ltd; chair of Global Banking China, UBS; Anu Rathninde, president of Johnson Controls Asia-Pacific; Xie Xue, CEO of Vale China; George Xu, Airbus executive vice-president and Airbus China CEO. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China…

Improving people’s well-being remains China’s policy priority: official

BEIJING – Improving people’s living standards remains a priority for China’s government work this year, Huang Lianghao, an official with the Research Office of the State Council, said in the latest episode of the China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency. “This year’s government work report emphasizes prioritizing people’s livelihoods,”…

Legal support key for China’s private economy

“Private enterprises have made a significant contribution,” said Liu Yonghao, a national political advisor and chairman of New Hope Group, underscoring the need for equal treatment and legal safeguards to further empower private firms. He believed that the new legislation will further promote the development of the private sector. Tanks to chinadaily.com.cn Please visit: Our…

New words in the 2025 Government Work Report

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Alibaba Cloud unveils model that competes with DeepSeek

Alibaba Cloud, the cloud computing unit of Chinese tech heavyweight Alibaba Group has introduced its latest open-source large language model QwQ-32B, with its performance comparable to leading models such as DeepSeek R1. The model has only 32 billion parameters, 21 times fewer than the 671 billion parameters of DeepSeek R1, but it has achieved a…

China’s industrial internet achieves full coverage of all key categories

Intelligent robots work on a vehicle production line in Changchun, Jilin province, on April 24, 2024. [Photo/Xinhua] Deployed across 49 sectors of economic sectors, China’s industrial internet has now achieved full coverage of all major industrial categories, said a national political adviser on Friday. After more than eight years of development, the nation’s industrial internet…