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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…

China’s drug sales skyrocket in 2025, white paper shows

Seth Zhang, founder and CEO of MediTrust Health, delivers a speech in Shanghai on May 21. [Photo provided to chinadaily.com.cn] The sales volume of China’s innovative drugs and medical devices surged in 2025, while commercial insurance has become an important driving force in building a multi-level medical security system, according to a recent white paper.…

Event focused on silver economy development wraps up in Chongqing

The 2026 Western China Silver Economy Consumption Season wraps up on May 24, 2026, in Southwest China’s Chongqing. [Photo provided to chinadaily.com.cn] The 2026 Western China Silver Economy Consumption Season wrapped up successfully on Sunday in Southwest China’s Chongqing. This five-day event, held at the Guanyinqiao commercial circle in Chongqing’s Liangjiang New Area, was closely…

World’s largest LNG-powered container ship launches in Shanghai

[Photo provided to chinadaily.com.cn] The world’s largest liquefied natural gas-powered container ship flying the French flag made its maiden call at Shanghai Yangshan Port in Shanghai on May 22, marking the vessel’s official operation, according to French shipping and logistics group CMA CGM Group. As the first of a series of 10 French-flagged LNG-powered container…

Chinese booking foreign holidays earlier than usual as travel becomes more affordable

Chinese families are booking overseas summer holidays earlier than usual this year as cheaper international airfares, expanding visual-free access and recovering flight capacity make outbound travel more affordable, online travel platform Qunar said on Monday. Bookings for outbound trips during the upcoming summer holiday in July and August have risen by more than 30 percent…

Key figures on business is back and better than ever

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Fewer young people not in work or education in 2025

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Changan partners up with Portugal National Football Team

Changan kicks off a 1,000-kilometer cross-Europe test drive program at its partnership signing ceremony with the Portuguese Football Federation in Lisbon, Portugal on May 22, 2026. [Photo provided to chinadaily.com.cn] Changan signed a strategic partnership with the Portuguese Football Federation on Friday, becoming the official global partner of Portugal’s national football team as the Chinese…