SHANGHAI — US entertainment company Warner Bros is set to launch a Making of Harry Potter studio tour in Shanghai in 2027, which analysts believe is a significant move underscoring US companies’ confidence in China’s vibrant consumer market. The Jin Jiang International Holdings Co Ltd, China’s major travel and hospitality conglomerate, on Wednesday confirmed the…
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MOSCOW — Chinese artificial intelligence (AI) application DeepSeek has become popular among Russian users for its high-quality content and accessibility, RIA news agency reported Tuesday. “DeepSeek has primarily become popular due to the high-quality content that can be generated using the company’s large language model, as well as the availability of its products,” the report…
Potential consumers browse gold jewelry at a store in Lianyungang, Jiangsu province on Jan 31. [WANG CHUN/FOR CHINA DAILY] The World Gold Council has forecast a continued surge in gold investment demand in China albeit at a moderated pace this year, following strong investment growth of coins and bars in 2024. Factors contributing to the…
On Tuesday, Coca-Cola reported better-than-expected earnings for the fourth quarter and full year 2024, with strong volume growth in China driving global performance for the beverage corporation. In the fourth quarter, Coca-Cola’s net operating revenues grew 6 percent year-over-year to $11.54 billion, surpassing market expectations of $10.7 billion. Consolidated net income rose 11 percent to…
Customers shop for vegetables at a supermarket in Qianxi, Guizhou province, Feb 9, 2025. [Photo/Xinhua] The performance of China’s consumer price index (CPI), a main gauge of inflation, as of January was released recently by the National Bureau of Statistics, among provincial-level regions, 27 out of 31 registering a CPI growth year-on-year. China’s CPI was…
Continued investment in artificial intelligence infrastructure is needed despite DeepSeek challenging the cost efficiency of large language models, said Robin Li, co-founder and CEO of Chinese tech heavyweight Baidu Inc. The investment in areas such as chips, data centers and cloud infrastructure remains crucial for coming up with the next best model, Li said at…
People enjoy skiing and snowboarding in Chongli district, Zhangjiakou, Hebei province. [Photo/VCG] China aims to develop its outdoor sports sector and cultivate new economic growth points by building about 100 high-quality outdoor sporting venues and destinations by 2030, a new guideline said. Developing the outdoor sports sector stands as an important way to meet the…
The DeepSeek logo is seen on a mobile device on Feb 11, 2025. [Photo/VCG] SACRAMENTO, United States — With its recent AI model breakthrough, Chinese artificial intelligence (AI) company DeepSeek has drawn a flurry of positive reactions from leading US tech firms. The company’s R1 reasoning model, released last month, has been widely compared with…
On Feb 8, the Minhou, the country’s first 130-type methanol-diesel dual-fuel distribution vessel, docks at Chongqing’s Guoyuan Port after departing from Shanghai, marking China’s foray into eco-friendly and low-carbon inland waterway vessels. [Photo provided to chinadaily.com.cn] At 10:46 am on Saturday, a significant milestone was reached in China’s inland waterway transportation history as Minhou, a…