Liu Jieyi (second from right), spokesman for the fourth session of the 14th CPPCC National Committee, takes questions from reporters on Tuesday at a news conference in Beijing. ZOU HONG / CHINA DAILY China will deepen high-level opening-up and accelerate the development of free trade zones to stabilize economic growth amid rising global uncertainties, a…
BEIJING — China’s artificial intelligence (AI) related industries will be valued at more than 10 trillion yuan ($1.45 trillion) by the end of the 15th Five-Year Plan period (2026-30), Zheng Shanjie, head of the National Development and Reform Commission, said Friday. The country will continue to advance its “AI Plus” initiative during the period, he…
A hundred participants join the trail race at the Great Wall during a snowy day on March 1. [Photo provided to chinadaily.com.cn] Nike Inc officially opened the world’s first standalone store for its professional outdoor performance brand, ACG (All Conditions Gear), in Sanlitun Taikoo Li, Beijing. Dubbed the “ACG Base Camp”, the store aims to…
To coincide with International Women’s Day, the European Commission has launched the Women in Farming platform, a new initiative designed to empower women in farming… Read More »Commission launches Women in Farming Platform
BYD’s second-generation Blade Battery packs attract visitors at an event in Shenzhen, Guangdong province, on March 6, 2026. [Photo by Wang Yuchen/chinadaily.com.cn] BYD on Thursday unveiled its second-generation Blade Battery and flash-charging technology, which it described as a new major breakthrough in electrification, as the Chinese automaker seeks to address key pain points in China’s…
This undated photo shows a bird’s eye view of Qianhai of Shenzhen, Guangdong province, China. [PHOTO PROVIDED TO CHINA DAILY] China’s push to further expand opening-up will strengthen investor confidence and support economic growth by creating a more predictable business environment and broader market opportunities for foreign enterprises, said market watchers and business executives on…
The departure of the technical lead behind Alibaba Group’s Qwen large language model was triggered by an internal reshuffle of responsibilities, as the company elevated the AI project to a group-level strategic priority, a source familiar with the matter told China Daily, countering speculation that the move reflected broader turmoil within the team. The move…
As narrowing net interest margins squeeze traditional lending profits, many banks are shifting their focus toward boosting intermediary business income, making asset-light businesses a key pillar in reshaping their revenue models, analysts said after lenders outlined their 2026 priorities at recent work conferences. Some banks also made it clear in their key task plans for…
In 2025, the regional gross domestic product of Shanghai’s Changning district totaled 289.8 billion yuan ($42 billion). The average annual growth rate of GDP during the 14th Five-Year-Plan period (2021-25) reached 7 percent, ranking first in the city, an investment promotional meeting held in Changning on Tuesday showed. Also, according to the meeting, the district,…
A technician inspects semiconductor chip packaging in Binzhou, Shandong province, on Jan 28. GUO ZHIHUA/FOR CHINA DAILY Leading figures in China’s semiconductor industry are urging the central government to launch a coordinated national initiative to develop homegrown advanced lithography systems, intensifying Beijing’s push for technological self-sufficiency amid ongoing export restrictions. In a signed article published…