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Shanghai’s new steps to support high-quality development of private firms address urgent needs

The newly released 26 measures to support the high-quality development of private enterprises have addressed companies’ most urgent needs by improving government services, which is conducive to boosting companies’ confidence and stabilizing their expectations, said local officials and experts. They were speaking at a news conference held on April17. According to Wu Wei, executive vice-mayor…

Exports in recyclable raw materials decreased in 2024

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Flexible policies bode well for driverless vehicles

A robotaxi vehicle seen on a street in Beijing. CHINA DAILY Last year, after I completed an interview in Yizhuang, a southern suburb of Beijing, I hailed a robotaxi by using a ride-hailing app on my mobile phone. All I had to input was the pickup and drop-off points and the number of passengers. A…

iFlytek claims its latest LLM rivals OpenAI and DeepSeek

Chinese artificial intelligence pioneer iFlytek announced a major upgrade to its proprietary deep reasoning model, Spark X1, the industry’s only large language model trained entirely on China’s domestic computational infrastructure. The enhanced Spark X1 demonstrates significant improvements across general AI tasks, including mathematics, coding, logical reasoning, text generation, language understanding and knowledge-based Q&A, iFlytek said.…

Air China expands routes amid aviation rebound

Air China, the nation’s flagship carrier, unveiled several major updates to its flight network on Thursday, signaling a strong push to meet growing demand amid China’s ongoing civil aviation development and steady economic recovery. Internationally, the airline will launch new routes from Beijing to Cairo and Toronto during the summer and autumn seasons. Additional destinations…

Foreign card transactions surge 48% in Shanghai

A view of the Huangpu River in Shanghai. [Photo/VCG] Boosted by China’s visa-free transit policy for international travelers, Shanghai saw the number of transactions made by foreign cards jump 48 percent year-on-year to 1.2 million in the first quarter, with the total transaction value surging 37 percent year-on-year to cross over 2 billion yuan ($274…

China leads in global AI patents

Figurines with computers and smartphones are seen in front of the words “Artificial Intelligence AI” in this illustration. [Photo/Agencies] China has become the world’s largest holder of artificial intelligence patents, owning about 60 percent of global AI patents, CCTV News reported on Thursday. Artificial intelligence is a crucial driving force in the new wave of…

Digital content creation skills among girls in the EU

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Breakthrough ‘green’ energy storage debuts

Jiangsu province’s largest industrial-park microgrid to boost large-scale application of new energy is put into service on March 26 in Changzhou, saving 4.6 million yuan ($628,724) in energy costs each year and reducing carbon dioxide emissions by 7,585 metric tons. XU DUO/FOR CHINA DAILY As an emerging energy storage solution, the country’s new type of water-based…