Tourists have fun at the Dadonghai scenic area in Sanya, South China’s Hainan province, on Jan 11, 2026. [Photo/Xinhua] HAIKOU – On Dadonghai beach in Sanya, a coastal resort in South China’s island province of Hainan, foreign tourists are soaking up the winter sun, including Malika from Moscow who has chosen Sanya as her first…
BEIJING — China has allocated 93.6 billion yuan ($13.37 billion) in ultra-long special treasury bonds to fund equipment renewal projects across key sectors, the National Development and Reform Commission (NDRC) said Thursday. The funds will support some 4,500 projects across industry, energy and power, education, healthcare, and upgrades to old residential elevators, and are expected…
BEIJING – China has pledged to advance zero-carbon factory development to further tap the potential for energy conservation and carbon reduction in the industrial and information sectors, and to drive emissions cuts, efficiency gains, and green, low-carbon transition in key industries. According to a guideline issued by five government departments including the Ministry of Industry…
Chinese mainland authorities unveiled new policies on Wednesday to stimulate consumption and promote innovation-driven development. Fourty-one new duty-free shops, each at one of the 41 listed ports of entry to the mainland, will be set up, including at Wuhan Tianhe International Airport, said a joint announcement by the Ministry of Finance, the Ministry of Commerce, the…
BEIJING – A report ranking the top 50 Chinese AI companies has shown that enterprises specializing in AI chips emerged as the most notable performers in 2025, taking seven of the top ten spots. All three companies at the top of the list – Cambricon, Moore Threads and MetaX – are AI chip-related firms, while…
Visitors check out a Nio EV at an auto show in Brussels on Jan 10. PENG ZIYANG/XINHUA The price undertaking mechanism for battery electric vehicles, a result of China-EU coordination on industrial chains and technical standards, could serve as a model for resolving global trade disputes while aligning closely with China’s broader push toward high-end,…
Technicians from BeiDou Satellite Communication Co Ltd conduct on-site equipment debugging at the Longjianxi Hydrological Monitoring Station in Luzhou, Sichuan province, in July. CHINA DAILY A record-breaking filing for orbital resources has signaled a pivotal shift in China’s space ambitions, moving the industry from a phase of technical verification to aggressive commercial scaling. In late…
Zeiss Vision Care’s manufacturing base in Guangzhou, Guangdong province, is an outcome of the deep synergy between Chinese intelligent manufacturing efficiency and German precision engineering, company executives said. Located in the Huangpu district of the provincial capital, the base was added to the World Economic Forum’s Global Lighthouse Network last Thursday, showcasing its leading global…
A view of employees at a Chinese-funded auto component company in Tunisia. XINHUA China is optimizing the framework for helping companies go abroad, shifting toward a more sophisticated, service-oriented support system aimed at facilitating their high-quality overseas expansion and enhancing global supply chain stability, officials said. The updated framework was outlined by the Investment Promotion…
Vice-Premier He Lifeng delivers a speech on Tuesday during the 2026 annual meeting of the World Economic Forum in Davos, Switzerland. The WEF meeting runs through Friday. [Photo/Agencies] Chinese Vice-Premier He Lifeng’s speech in Davos, Switzerland, on Tuesday drew international praise as a timely reaffirmation of China’s role as a stabilizing force in an increasingly…