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ABB sees opportunities in China’s industrial upgrading

With China accelerating industrial upgrading and green transformation under the 15th Five-Year Plan (2026-30), Swiss technology company ABB Group sees significant opportunities to deepen its presence in the Chinese market while supporting the country’s transition toward intelligent and low-carbon development, a senior executive said. According to the outline of the five-year plan, China will upgrade…

First quarterly profit fuels Nio’s ambitions

Chinese electric vehicle maker Nio is eyeing full-year profitability in 2026 after delivering on its repeated promise of getting out of the red in the fourth quarter last year. The 11-year-old company posted its first-ever quarterly profit last week: an adjusted operating profit of 1.25 billion yuan ($178.9 million) and a net profit of 282.7…

Chinese tokens ‘crush’ foreign competitors

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 A programmer in San Francisco types a prompt and hits “enter”. In milliseconds, the request travels through a fiber-optic cable beneath the Pacific…

Chinese tokens ‘crush’ foreign competitors

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 A programmer in San Francisco types a prompt and hits “enter”. In milliseconds, the request travels through a fiber-optic cable beneath the Pacific…

Border town key port for trade with Europe

URUMQI — In the course of the past 10 years, Horgos Railway Port in Northwest China’s Xinjiang Uygur autonomous region has become one of the busiest gateways for China-Europe freight trains, handling more than 19,000 train trips since the first train departed in March 2016. Data from Horgos Railway Station show that the variety of…

Zeiss Vision sees China as core global innovation hub engine

Zeiss Vision places high priority on China, vowing sustained investment and positioning the country not only as a key market but also as a core global innovation engine that drives advancements for the world, a senior executive said. For the next five years, the German manufacturer of eyeglass lenses and ophthalmic instruments will focus on…

Sino-US trade talks seen as key to stability

This photo taken on March 15, 2026 shows the headquarters of the Organization for Economic Cooperation and Development in Paris, France, venue for the new round of China-US economic and trade talks. [Photo/Xinhua] The ongoing trade talks between China and the United States in France carry great importance for sustaining the hard-won stability achieved by…

Sino-US trade talks seen as key to stability

This photo taken on March 15, 2026 shows the headquarters of the Organization for Economic Cooperation and Development in Paris, France, venue for the new round of China-US economic and trade talks. [Photo/Xinhua] The ongoing trade talks between China and the United States in France carry great importance for sustaining the hard-won stability achieved by…

Share of equity assets in insurers’ portfolios to rise

China’s push to expand direct and equity financing is expected to draw further insurance funds into the stock market, with industry experts saying insurers may continue increasing their exposure to equities in 2026. The country will deepen comprehensive investment and financing reforms in the capital market, improve market entry mechanisms for medium — and long-term…

Asian firms eye technology partnerships

Businesses in Asia are eyeing cooperation opportunities with China’s tech sector as the nation accelerates technological advancement and creates new forms of smart economy, a mission underlined in the recent Government Work Report delivered by Premier Li Qiang, senior company executives and experts told China Daily at a forum held in the Hong Kong Special…