A cluster of high-end medical device manufacturers is taking shape in Beijing’s Changping district, as the capital steps up efforts to strengthen domestic innovation and reduce reliance on imported technologies. The Champion Bio has rapidly evolved into a key hub for high-end medical devices, precision medicine, new drug development and biotechnology, with a focus on…
Consumers shop for duty-free goods at a duty-free store in Haikou, Hainan province, on Thursday. SU BIKUN/FOR CHINA DAILY China’s Hainan Free Trade Port is drawing global investors as surging duty-free sales fuel economic growth, cementing its role as a hub for international brands, capital and tourism, said market watchers and foreign business leaders. Their…
[PHOTO/CHINA BOUND] Spring arrives in Nyingchi, Xizang, where snow-capped peaks are not far but peach blossoms bloom in radiant pink. Beneath vast blue skies, flowers… Read More »Peach blossoms in Nyingchi, Xizang
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The Trump administration closed the duty-free de minimis route for low-value imports from China and Hong Kong in May 2025, later widened the suspension, and continued tightening enforcement into early 2026. China’s platform exports to the U.S. did not just slow. They were cut in half.The apparent deficit with Ireland is misleading, for reasons we…
An engineer observes a humanoid robot grabbing a component at a laboratory of Leju Robotics in Hefei, East China’s Anhui province, Oct 24, 2025. [Photo/Xinhua] China’s first automated production line for humanoid robots with an annual capacity of over 10,000 units has been launched in Foshan, Guangdong province, marking a step forward in the country’s…
Volunteers in Hangzhou, Zhejiang province teach local residents on Wednesday how to use Open-Claw, an autonomous, open-source AI agent that leverages large language models to perform everyday tasks. LIN YUNLONG/FOR CHINA DAILY Chinese artificial intelligence models have outpaced AI models made by the United States in terms of global usage for a fifth straight week,…
People shop for smartphones and other consumer electronics eligible for the Chinese government’s trade-in subsidies at a retailer in Zaozhuang, East China’s Shandong province, Feb 21, 2026. [Photo/Xinhua] BEIJING — China’s government-backed consumer goods trade-in programs benefited over 60.93 million purchases in the first quarter of 2026, boosting sales of 433.17 billion yuan (about $62.84…
China’s latest move to expand its digital yuan operator network by adding a dozen new banks signals an acceleration in the central bank’s push to extend the digital currency’s reach and embed it deeper into the country’s financial infrastructure, according to official sources and experts. The new financial institutions added to the network include seven…