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Calls to bridge development fund gaps

China is stepping up efforts to help bridge the global development financing gap by scaling up aid and mobilizing resources in close partnership with multilateral institutions, underscoring stronger collaboration to deliver tangible outcomes, officials and representatives said at a forum. Liu Junfeng, vice-chairman of the China International Development Cooperation Agency, said global development faces severe…

EU’s FSR enforcement to harm bilateral business ties

China’s business community has expressed mounting concern over the European Commission’s use of the Foreign Subsidies Regulation (FSR), with experts warning that the move could distort competition and strain economic relations between China and the European Union. The concerns follow a decision by the European Commission — the EU’s executive arm — requiring a consortium…

AI set to boost healthcare industry

Wandong Medical showcases its DR AI-Agent during the recent 2026 China International Medical Equipment Fair in Shanghai. CHINA DAILY As China ramps up efforts to apply artificial intelligence across a broad range of industries, healthcare is emerging as one of the most promising frontiers, with experts saying that the technology could help make medical services…

Dire straits provide China’s shipbuilders great opportunities

New Explorer, a methanol dual-fuel intelligent very large crude carrier (VLCC) developed by Dalian Shipbuilding Industry Co, is seen under construction in Dalian, Liaoning province. The delivery of the vessel on Dec 22 marked a milestone of green shipbuilding with greatly reduced emissions of carbon dioxide, sulfur oxides and particulate matter. CHINA DAILY Rising geopolitical…

CATL advances dual battery tech

Visitors check out a battery during the CATL Tech Day event ahead of the 2026 Beijing Auto Show in Beijing on Tuesday. WANG ZHAO/AFP Contemporary Amperex Technology Co Ltd, the world’s largest electric vehicle battery maker, said on Tuesday that its sodium-ion batteries will enter large-scale production within the year, marking a potential shift in…

China cranks up heat on counterfeits, IP violations

China has intensified its nationwide campaign against counterfeit and pirated goods, the country’s top market regulator said on Friday, unveiling a sweeping enforcement record. The move also came as the country seeks to bolster intellectual property right protection and underpin its drive toward innovation. The State Administration for Market Regulation released its annual report on…

Services to top 100 trln yuan by 2030

A drone helps deliver a package in Shenzhen, Guangdong province. CHINA DAILY China will intensify efforts to upgrade its fast-growing services sector, aiming to foster an open, competitive and high-quality ecosystem that benefits both Chinese consumers and global providers, experts and executives said. To achieve this vision, the State Council — China’s Cabinet — unveiled…

China’s 15th Five-Year Plan aligns with UK strengths in services sector

Ma Jiantang, member of the standing committee of the National Committee of the Chinese People’s Political Conference, gives a keynote speech at an event held in London on April 23, 2026. [Xing Yi / China Daily] The expansion of China’s domestic consumption in the next five years, especially in the services sector, will create huge…

OPPO releases dual flagship mobile phones, pushing imaging capabilities to new heights

OPPO officially releases two flagship new products, Find X9s Pro and Find X9 Ultra, to help unlock a new realm of travel photography and push the upper limit of mobile phone imaging capabilities to new heights. [Photo provided to chinadaily.com.cn] China’s leading mobile phone maker OPPO has released two flagship new products, with its chief…