A technician checks humanoid robots at a technology center in Zigong, Sichuan province. HE HAIYANG/FOR CHINA DAILY BEIJING — The 2026 China Unicorn Companies Development Report was launched recently in Beijing, underscoring China’s position as a major hub for high-growth enterprises. The report said China is home to 416 unicorn companies, accounting for nearly 30…
Clothing brand Gap plans to open about 50 new stores in China this year, as its local operator Baozun Inc accelerates expansion to sustain double-digit growth in the world’s second-largest apparel market. The new outlets will be rolled out through a hybrid model combining directly operated and partner stores, in line with Baozun’s asset-light strategy,…
A visitor walks past robots displayed at a humanoid robot innovation center in Wuhan East Lake High-tech Development Zone, also known as the optics valley of China, in Wuhan, Central China’s Hubei province, Dec 4, 2025. [Photo/Xinhua] China is intensifying efforts to optimize its business environment, fuel economic vitality through targeted tax incentives for technological…
An employee flies a drone at a DJI store in Yantai, Shandong province. TANG KE/FOR CHINA DAILY China’s leading consumer drone maker and top panoramic camera company are entering a new phase of direct competition, with DJI filing its first domestic patent ownership lawsuit against Insta360 that has escalated tensions between the two technology rivals.…
China’s Ministry of Commerce made remarks on Thursday regarding Meta’s acquisition of artificial intelligence platform Manus, noting that enterprises engaging in cross-border operations and technological cooperation must comply with Chinese laws and regulations and fulfill statutory procedures. “The Chinese government supports enterprises in conducting cross-border operations and technological cooperation based on business needs,” He Yadong,…
The market size of core industries for smart economy, or core industries powered by artificial intelligence, is projected to reach 12.6 trillion yuan ($1.83 trillion) by 2030, accounting for 25.1 percent of the country’s digital economy revenue, according to a forecast released by a research institute affiliated with the Ministry of Industry and Information Technology.…
[Photo/Agencies] The essence of China-US economic and trade relations lies in mutual benefit and win-win cooperation, with the two sides sharing extensive common interests and vast potential for cooperation, the Ministry of Commerce said on Thursday. He Yadong, a spokesman for the ministry, told a news conference that stable Sino-US economic and trade ties serve…
China has approved a domestically developed radioactive imaging drug to help detect whether lung cancer has spread to lymph nodes, marking a step forward for the country’s nuclear medicine industry. The National Medical Products Administration said in a statement online on April 2 it approved technetium [99mTc] pexidotide injection and its preparation kit through a…
A drone photo taken on Feb 21, 2026 shows tourists taking yachts in Sanya, South China’s Hainan province. [Photo/Xinhua] China is set to launch three major trade and consumption campaigns in April under its “Big Market for All: Export to China” initiative to better integrate import promotion with consumption expansion and unlock fresh opportunities in…
Token usage of the Doubao large language model has surged past 120 trillion per day, its operator Volcano Engine said on Thursday, underscoring explosive enterprise demand for generative AI services in China. To expand its developer ecosystem, Volcano Engine also said it has partnered with Peter Steinberger, founder of the OpenClaw open-source project, to launch…