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Lightweight entrepreneurship a window into nation’s innovation vitality

A drone photo taken on June 21 shows a camping base at a seaside park in Binhai New Area in Tianjin. ZHAO ZISHUO/XINHUA TIANJIN — Early morning at a science park in Tianjin, groups of young people streamed into the shared office space, booted up their laptops and kicked off their workday. Among them is…

Weixin Pay, PayPal tie up on payments

An illustration of Weixin Pay on a phone. [Photo/VCG] Tencent said on Wednesday that United States users of PayPal will be able to pay at tens of millions of Weixin Pay merchants across China by scanning QR codes, marking one of the most extensive integrations yet between China’s mobile payment ecosystem and foreign digital wallets.…

Rockit apples to blossom in nation

China has become Rockit’s largest global market, accounting for more than half of the brand’s total revenue, Grant McBeath, global CEO of New Zealand’s miniature apple brand Rockit, told China Daily in an exclusive interview. McBeath added that the company will continue to channel its core resources and highest-quality produce to the Chinese market going…

Improving financial services for small firms

A bank employee (right) inspects a tech firm in Changsha, Hunan province. LIN DAOHUI/FOR CHINA DAILY China’s financial regulator is shifting the focus of its approach to small-business lending away from aggressive loan growth targets toward higher-quality and more sustainable credit support that better aligns with the real financing needs of micro and small enterprises…

China’s intelligent manufacturing making waves, Tianjin expo hears

China’s push to advance intelligent manufacturing is reinforcing corporate confidence and opening broader opportunities for enterprises at home and abroad to innovate, expand and share in the growth of the world’s second-largest economy, a sideline event of the World Intelligence Expo 2026 in Tianjin has heard. According to economists and business executives at the Tianjin…

One-person companies find home in Yangtze River Delta

The infrastructure for what is known as the one-person company (OPC) is being built in major cities across China’s Yangtze River Delta region, with many experts saying OPCs can contribute to the national economy via new industrial growth and employment. Local governments are providing the relevant support for OPCs, from office space and funding to…

European business leader upbeat on China’s innovation-driven growth

Dr. Christoph Schrempp,vice-chair of the European Chamber Tianjin Chapter. [Photo provided to chinadaily.com.cn] European businesses are seeing expanding opportunities in China’s intelligent economy, advanced manufacturing sector and innovation-driven growth, with many viewing the country as an increasingly important global hub for industrial upgrading and future technologies, according to a senior representative of the European business…

Business leaders hail nation’s intelligent manufacturing

Guests attending the “CEO: Grow with China” event exchange insights on Thursday in Tianjin. The event, jointly organized by the Publicity Department of the Tianjin Municipal Committee of the Communist Party of China and China Daily, was held during the 2026 World Intelligence Expo, which runs from Thursday to Sunday. ZOU HONG/CHINA DAILY China’s stepped-up…

Chinese e-commerce platform in new AI regulation move

Chinese e-commerce platform Pinduoduo has stepped up efforts to regulate artificial intelligence-related content and services on its platform, as authorities move to strengthen oversight of the rapidly developing AI sector. The company said on Thursday that it will strictly prohibit sellers from publishing or selling a range of AI-related illegal products and services, including AI-assisted exam…

China, US finalizing details of tariff reductions

China and the United States will finalize the details of reciprocal tariff reductions on products of equivalent scale, each worth $30 billion or more, with implementation to begin as soon as possible, the Ministry of Commerce announced on Thursday. Earlier this month, China and the US agreed in principle to discuss, under the auspices of…