Skip to content

News

Delegation from 32 Chinese firms leaves for economic, trade talks in Kazakhstan

  • by

A view of the Parliament of Kazakhstan and the Presidential Palace is seen in Astana, capital of Kazakhstan. CHINA DAILY A Chinese business delegation organized by the China Council for the Promotion of International Trade (CCPIT) departed on Monday for Kazakhstan to engage in economic and trade exchange activities, according to information released by the…

China’s supercomputing network adopts DeepSeek’s model

  • by

The DeepSeek logo is seen in this illustration taken Jan 27, 2025. [Photo/Agencies] China’s national supercomputing network has integrated DeepSeek’s open-source large language model into its platform, which will give a big boost to DeepSeek’s access to more users and software developers. The national supercomputing network, which is constructed under the guidance of the Ministry…

Chinese economy expected to rebound continuously in 2025: economist

  • by

The skyline of Beijing. [Photo/VCG] The Chinese economy is expected to rebound continuously in 2025 despite new variables, an economist said as reported by Chinese financial news outlet Yicai on Sunday. The unprecedented popularity of the domestic cultural and travel consumption market during the Spring Festival holiday and the emergence of DeepSeek AI model have…

Global Trade Is Anyone’s Guess: Quo Vadis Moment for the EU

  • by

Beijing’s repeated pledges to increase imports contrast sharply with the reality that began in Xi Jinping’s second term in 2018, after his re-election at the 13th National People’s Congress and the removal of presidential term limits. In 2020, Chinese scholars, cloaked in academic jargon, formalized Xi’s ‘dual circulation’ strategy. However, this strategy, which had effectively…

Qingdao’s Ark TaaS intelligent model set to improve port ops

  • by

A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] A new port service-focused intelligent model, known as the Ark TaaS (Trade as a Service) model, recently began a public beta phase in Qingdao, Shandong province. The model is a collaborative project between Qingdao Port of Shandong Port Group and Shandong Port Science…

US tariff threat fueling inflation concerns

  • by

US President Donald Trump [Photo/Agencies] United States President Donald Trump said on Sunday that he will announce 25 percent tariffs on all steel and aluminum imports starting on Monday, a move which analysts warn could make it harder for the White House to tame inflation. The ongoing trade war initiated by the US shows no…

China registers over 450,000 smart robotics firms

  • by

An AI vehicle charging robot attracts visitors at the 2024 World Intelligence Expo in Tianjin. TONG YU/CHINA NEWS SERVICE China registered 451,700 companies in the intelligent robotics sector as of the end of December 2024, with a total registered capital of 6.44 trillion yuan ($884.27 billion), according to the Science and Technology Daily quoting data…

New energy storage sector sees fast growth

  • by

A technician inspects a turbine at a wind farm in Hinggan League, Inner Mongolia autonomous region, in May 2023. [WANG ZHENG/FOR CHINA DAILY] BEIJING — China’s new energy storage sector saw rapid growth in 2024, with installed capacity surpassing 70 million kilowatts, said an official with the National Energy Administration. Bian Guangqi, deputy director-general of…

Foreign visitors experience China’s improved mobile payment environment over Spring Festival

  • by

BEIJING – Foreign visitors in China experienced a smoother, more convenient travel environment during this year’s Spring Festival, thanks to improvements to the country’s mobile payment systems. The latest data from the People’s Bank of China shows that the volume of transactions made by international tourists during the Chinese New Year holiday, which ran from…