The planned restructuring of Wuhan, Hubei province-headquartered Dongfeng Motor Corp and Chongqing-based Changan Automobile is expected to create a more integrated and competitive automaker capable of competing with global giants like Toyota, Volkswagen and Tesla in the coming years, said analysts on Monday. A number of listed subsidiaries of State-owned Dongfeng Motor and CSGC, the…
State Grid employees check solar power panels in the Tibet autonomous region. [Photo by SONG WEIXING/FOR CHINA DAILY] China’s recent notice on promoting the integration of new energy sources into the electricity market further reflects the market value of renewable power through supply and demand dynamics and accelerates China’s moves into a national unified power…
US President Donald Trump [Photo/Agencies] US President Donald Trump said on Sunday that he will announce 25 percent tariffs on all steel and aluminum imports into the country on Monday, which analysts said will make it even harder for the White House to tame persistent inflation. The ongoing trade war initiated by the United States…
With the lifting of the first container at the Shanghai Port on Feb 10, the Gemini Cooperation officially launches its operation at the port, said Shanghai International Port (Group) Co Ltd. [Photo provided to China Daily] With the lifting of the first container at the Shanghai Port on Feb 10, the Gemini Cooperation officially launched…
Customers dine at a restaurant in Shanghai, Feb 4, 2025. [Photo/VCG] Given the clear success of last year’s consumption vouchers, Shanghai will continue to issue vouchers in the areas of dining, tourism, movies, and sports this year to boost consumption, an official announced at a municipal news conference held on Monday. Zhu Min, director of…
ROX 01 debuts in Saudi Arabia at LEAP 2025, which runs from Feb 9 to 12 in Riyadh. [Photo provided to chinadaily.com.cn] ROX Motor, a Chinese new energy vehicle brand, has entered the Saudi Arabian market, with the debut of its luxury all-terrain SUV, ROX 01, on Sunday at the country’s technology event LEAP. The…
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…
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…
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…
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…