Visitors check out a humanoid robot at the World Robot Conference in Beijing in August. LI MUYI/FOR CHINA DAILY When I recently visited Unitree Robotics, a cutting-edge Chinese humanoid robot company in Hangzhou, Zhejiang province, I decided to test their creation in a unique way. I volunteered for an experiment — having both the robot and…
A gamer showcases promotional material for Black Myth: Wukong in Shanghai. Aug 21, 2024. [Photo/VCG] China’s gaming industry reached a record high in revenue, hitting 91.77 billion yuan ($12.89 billion) in the third quarter of 2024, marking an 8.95 percent increase year-on-year, according to an industry report released on Wednesday. Thanks to the outstanding performance…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China’s much-anticipated fiscal stimulus package could amount to somewhere around 10 trillion yuan ($1.4 trillion), which would represent reasonable and moderate funding to address the most immediate issues facing the world’s second-largest economy, policy researchers and advisers said. They…
TCL’s booth at a high-tech expo in Barcelona. [Photo/Xinhua] Chinese home appliance makers have intensified efforts to make forays into overseas markets to seek new sources of revenue, and are upgrading and optimizing their products to make them “smarter”, industry experts said. Consumer electronics major TCL Technology Group Corp is beefing up its global operational…
Wind turbines seen at Weifang Port, Shandong province. CHINA DAILY Weifang Port, which is part of Shandong Port Group subsidiary Bohaiwan Port, said it had become China’s first zero-carbon emission port, marking a milestone in the country’s push toward sustainability and green development. China Classification Society Certification Co Ltd, affiliated with the Ministry of Transport, awarded…
Eli Lilly logo is shown on one of the company’s offices in San Diego, California, US, Sept 17, 2020. [Photo/Agencies] US pharmaceutical company Eli Lilly and Co recently announced a roughly $200 million expansion of its manufacturing site in Suzhou, Jiangsu province, that will enable it to increase production of innovative medicines for type 2…
Li Jiaqi promotes products during a livestream session. [Gao Erqiang/China Daily] Top-tier livestreaming sales host Li Jiaqi notched sales champion for the presale session of China’s “Double Eleven” online shopping frenzy, which falls on Nov 11. The value of consumer purchases made through his livestreaming sessions jumped by over 20 percent year-on-year, indicating an increasing…
With an investment of approximately 20 million euros ($21.69 million), Bayer Consumer Health launched the China Center of Innovation and Partnership (CCIP) in Shanghai on Wednesday, aiming to integrate more deeply into the country’s innovation ecosystem. The CCIP is committed to building an integrated innovation partnership network that connects efforts from the industry, academia and…
A 220-kilovolt power transmission line project commenced operation recently in Northwest China’s Xinjiang Uygur autonomous region to aid electricity demand for one of the region’s eight major industrial programs. Through the newly built transmission line, power will be sent to a local 550,000-ton electrolytic aluminum program, which will generate an annual power consumption of around…
A saleswoman (left) shows a model of a newly developed residential area to a potential homebuyer in Urumqi, the capital city of Xinjiang Uygur autonomous region. [Photo by ZHANG XIUKE/FOR China Daily] China needs considerable central government funding and more innovative solutions to support property destocking and stabilize the ailing real estate market, such as…