Co-hosted by the China Audio-video and Digital Publishing Association and the government of Xuhui district, the 2025 China Game Industry Annual Conference is held in West Bund from Dec 17 to 19, unveiling the latest industry achievements. [Photo provided to chinadaily.com.cn] The sales revenue and user base of China’s domestic game market in 2025 reached…
Several hundred people lined up at a supermarket in Haikou, Hainan province, on Thursday to buy imported durians being sold at almost half their usual price, shortly after the launch of the island province’s special customs operations. A staff member at Wanghao Supermarket said the durians sold out within an hour of going on sale,…
China’s top market regulator revised its rules on anti-competitive agreements, setting clearer marketshare thresholds under which certain vertical agreements will not be prohibited, the State Administration for Market Regulation said on Friday. Under the new rules, vertical agreements that fix or restrict resale prices will not be prohibited if the operator’s marketshare in the relevant…
The 2025 China Online Literature Overseas Trend Report, released at the 4th Shanghai International Online Literature Week, reveals market developments and cultural impact. [Photo provided to chinadaily.com.cn] China’s online literature has achieved unprecedented global reach as the international web literature market experiences rapid expansion, with Latin American markets emerging as new growth drivers and young creators…
Vivo unveiled its latest smartphones S50 series. [Photo provided to chinadaily.com.cn] Fueled by the country’s subsidy policies for consumer goods and local brands intensifying competition through innovative designs and AI-powered features, China’s smartphone market is poised for a mild rebound in 2025, according to an industry analysis by market research company Omdia. Smartphone shipments in…
The first CIIE U-Fair, an extension of the China International Import Expo for individual consumers, kicked off in Shanghai on Friday. [Photo by Shi Jing/chinadaily.com.cn] The first CIIE U-Fair, an extension of the China International Import Expo for individual consumers, kicked off in Shanghai’s National Exhibition and Convention Center on Friday. Dubbed a “mini CIIE”, the…
Two phase III clinical studies of a China-developed weight-loss and diabetes drug have been published in Nature, representing a milestone for China’s growing presence in global metabolic disease research. The studies evaluated the impact of mazdutide, a dual GCG/GLP-1 receptor agonist developed by Innovent Biologics, on Chinese patients with type 2 diabetes. According to the…
BEIJING – China’s largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. As the country’s leading offshore oilfield in terms of both output and scale, the record production will provide solid support for national…
China should steer its next phase of economic development toward stronger domestic demand while pressing ahead with deeper income distribution reform and more decisive technological breakthroughs, as policymakers seek to rebalance growth drivers amid still-weak domestic demand and intensifying global competition, economists said. The shift, they said, requires coordinated moves to raise household incomes and…
A modified Long March-7 carrier rocket carrying the Yaogan-45 satellite blasts off from the Wenchang Spacecraft Launch Site in South China’s Hainan province, Sept 9, 2025. The satellite was launched at 10 am (Beijing Time) and has entered the preset orbit successfully. [Photo/Xinhua] Hainan province is intensifying efforts to build a comprehensive aerospace industrial cluster…