China’s artificial intelligence industry has entered what could prove to be a defining phase in its competition with the United States, with leading domestic large language models now matching top-tier US systems in performance, said Yu Xianrong, head of Greater China Economics at Citi. The rapid progress in AI and broader technological innovation are among…
A worker works at an assembly line of Voyah, a Chinese NEV brand, in Wuhan, Central China’s Hubei province, April 9, 2025. [Photo/Xinhua] China’s factory activity contracted for a second consecutive month in February, official data showed on Wednesday. The official purchasing managers index (PMI) for the manufacturing sector came in at 49 in February,…
The Chinese automotive industry is moving away from vicious competition, or “involution”, toward a more sustainable and quality-focused development model, Li Shufu, a member of the National Committee of the Chinese People’s Political Consultative Conference, said. Speaking to China Daily on Tuesday, Li, who is also the chairman of Geely Holding Group, highlighted a significant…
[Photo provided to chinadaily.com.cn] Under the theme “Co-creating an Intelligent Digital Ecosystem”, UniCom presented its achievements in Computing Network-Based Digital Infrastructure, Digital-Real Integration, and Innovation-Driven Future at the 2026 Mobile World Congress (MWC), which took place in Barcelona, Spain, from March 2 to 5. As a leading global provider of integrated digital service, UniCom focuses…
A desert photovoltaic power base in Ordos, Inner Mongolia. [Photo/VCG] In 2025, North China’s Inner Mongolia autonomous region achieved a major milestone as its installed wind power capacity surpassed 100 million kilowatts, the first in the country to do so. Throughout the year, the region added 35 million kW of new energy capacity, bringing its…
BEIJING – The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 49.5 in February, up 0.1 percentage points from the previous month, official data showed Wednesday.This reflected improved business sentiment in the non-manufacturing sector, according to the National Bureau of Statistics (NBS). A reading above 50 indicates expansion, while a reading below…
China is poised to prioritize boosting domestic demand to address economic imbalances and ensure resilient growth amid external uncertainties in the coming five years, officials and policy advisers said ahead of the two sessions. As the country’s top legislature prepares to deliberate the draft development blueprint for the 15th Five-Year Plan (2026-30) period, they said…
China is set to prioritize boosting domestic demand in the next five years to address economic imbalances and ensure resilient growth amid external uncertainties, officials and experts said ahead of the annual meetings of the nation’s top legislative and political advisory bodies. As the National People’s Congress, China’s top legislature, prepares to deliberate the development…
China is set to prioritize boosting domestic demand in the next five years to address economic imbalances and ensure resilient growth amid external uncertainties, officials and experts said ahead of the annual meetings of the nation’s top legislative and political advisory bodies. As the National People’s Congress, China’s top legislature, prepares to deliberate the development…
A worker works on a wire harness production line at an electronics technology company in Suixian county of Shangqiu city, Central China’s Henan province, Jan 27, 2026. [Photo/Xinhua] BEIJING – China’s manufacturing purchasing managers’ index (PMI) eased in February due to seasonal factors, while business confidence improved and high-tech manufacturing maintained growth momentum, official data showed…