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Jinjiang a role model in industrial transformation

By CAO DESHENG and HU MEIDONG in Fuzhou | China Daily | Updated: 2025-03-07 09:42 Visitors check out sportswear at an innovation exhibition facility of Anta in Jinjiang, Fujian province. WEI PEIQUAN/XINHUA Ding Shizhong, a member of the Standing Committee of the National Committee of the Chinese People’s Political Consultative Conference, has emphasized the importance of…

‘Wild West’ tariff threats challenge and chance

CAI MENG/CHINA DAILY Almost all economists agree that a global trade war is a losing game for all, and will disrupt supply chains, inflate prices, defy the principles of comparative advantage and challenge World Trade Organization rules. Yet United States President Donald Trump sees tariffs not as an economic risk, but as a strategic tool…

China’s automakers should step up cross-sector collaboration, industry veteran says

Zhang Xinghai, chairman of emerging automaker Seres and member of the 14th National Committee of the Chinese People’s Political Consultative Conference, addresses the media during the ongoing two sessions on March 7, 2025. [Photo by Wang Jing/China Daily] China’s private enterprises, including those in the auto sector, will embrace more opportunities for development, and the…

LLMs using domestic chips need of hour

Shoppers browse AI-related products at an iFlytek store in Hangzhou, Zhejiang province. LONG WEI/FOR CHINA DAILY There is an urgent need to encourage research and development of large language models trained on domestic chips, in order to build a robust artificial intelligence ecosystem that will ensure sustainable and high-quality development in the AI era, said Liu…

Creative pet products fuel fur baby economy

Visitors line up to claim gift packs at a booth during the Pet Fair Beijing 2025 in Beijing on Feb 27. CAO BIN/XINHUA BEIJING — Fresh pet food kitchens offering in-house prepared meals with door-to-door delivery, legal services specifically tailored for pet owners, and even “wellness-focused” dog food formulas incorporating traditional Chinese medicinal herbs, are…

Bigger scope of visa-free policy highlighted

A Spring Airlines aircraft lands at Shanghai Hongqiao International Airport in August. CHINA DAILY China should expand the scope of its unilateral visa-free policies and ramp up efforts in attracting foreign visitors, so as to further promote Chinese discourse and its narrative systems, said Wang Yu, president of Spring Airlines. Wang, who is also a member…

Investment in public services high on agenda

It is an appropriate time to intensify investment in public services while stepping up central government support for real estate enterprises’ restructuring as China sharpens its commitment to bolstering domestic demand, said a national political adviser and senior economist. “Without expanding investment, it would be hard to overcome weak demand over the short term,” said…

Nation takes steps targeting global trade protectionism

Export-bound vehicles await shipment at Taicang Port, Jiangsu province. JI HAIXIN/FOR CHINA DAILY Canada’s imposition of additional tariffs on Chinese goods has strained bilateral trade relations, and China reserves the right to respond decisively to any foreign tariff measures it perceives as discriminatory, experts and business associations said on Sunday. On Saturday, the Customs Tariff…

Fresh measures set to help create new growth drivers

Senior officials attend a news conference on China’s economy at the third session of the 14th National People’s Congress in Beijing on Thursday. ZHANG WEI / CHINA DAILY China is putting a priority on fostering new quality productive forces and boosting technological innovation in its economic agenda for the year, as policymakers announced on Thursday…