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Over 350 foreign executives to attend 7th Qingdao Multinationals Summit

More than 350 foreign executives from 36 countries and regions have confirmed attendance at the upcoming seventh Qingdao Multinationals Summit, which will kick off in Qingdao, Shandong province, on June 15, Wen Nuan, vice-governor of the province, said on Tuesday. The two-day summit, jointly hosted by the Ministry of Commerce and the Shandong Provincial Government,…

China’s basic medical insurance coverage maintains good health

China’s basic medical insurance coverage remained stable at over 1.3 billion people in the first quarter of this year, with contribution revenues reaching 598.1 billion yuan, up 5.3 percent year-on-year, according to data from the State Taxation Administration. Latest tax figures showed that the number of employed people paying basic medical insurance premiums stood at…

DeepSeek to maintain steep discounts

Chinese artificial intelligence startup DeepSeek said it will permanently maintain steep discounts on its DeepSeek-V4-Pro model API pricing, pushing inference costs to new industry lows and escalating a price war across the global AI sector. DeepSeek said the promotional pricing for its V4-Pro model, previously offered at 25 percent of the standard rate and originally…

Advances in exoskeleton tech may provide answers for enhancing mobility

A tourist wearing a smart exoskeleton device crosses a bridge in Tianjin earlier this year. CHINA DAILY At 60 years of age, Liu Na has always loved sports. However, in recent years, every time she goes hiking, she has increasingly felt that her knees and legs are no longer as strong as when she was…

Swire Coca-Cola opens two new plants

An aerial drone photo taken on Oct 16, 2025 shows a new factory of Swire Coca-Cola Ltd, a bottler of Coca-Cola, in Zhengzhou, capital of Central China’s Henan province. [Photo/Xinhua] GUANGZHOU — Swire Coca-Cola’s green and high-tech production base in the Guangdong-Hong Kong-Macao Greater Bay Area officially opened in Guangzhou, capital of South China’s Guangdong…

E-shopping month eyes boosting spending

A livestreamer (center) promotes tea sales during an expo in Beijing last week. CHINA DAILY A month-long live e-commerce shopping gala kicked off on Saturday in the capital’s Fengtai district, aiming to invigorate the consumer market by seamlessly integrating online shopping with cultural, tourism and entertainment experiences. The event was officially launched at an international…

Strengthened China-US AI ties stressed

As China and the United States race to expand their artificial intelligence capabilities, economists said the two countries need closer cooperation on global governance and safety standards in order to better manage the potential risks of the technology. While the US continues to lead in frontier AI research, large-scale models and computing power, economists said…