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How technology powers China’s drive for common prosperity

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HANGZHOU — From nursing homes to farmland, rapid advances in AI and other digital technologies are reshaping services, production and governance across China. As the country strives to make technology accessible to all, these innovations are injecting new momentum into its drive for inclusivity and common prosperity. In the ancient water town of Wuzhen, in…

Tunneling machine highlights rise of Chinese manufacturing

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ZHENGZHOU — In Zhengzhou, Central China’s Henan province, an advanced tunneling boring machine (TBM) rolled off a production line this week, ready to be deployed for the construction of an underwater branch of Beijing Subway Line 1. The device, with an innovative stone handling system, can realize continuous tunneling, precise screening and mechanical transport of…

Elekta deepens presence in China with manufacturing and R&D assets

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The exhibition area of Elekta at the ongoing eighth China International Import Expo. CHINA DAILY Elekta, a Swedish medical equipment producer, will deepen its presence in China to tap into the country’s vast market and expanding openness, while using locally produced innovations to deliver practical, globally scalable solutions, said its top executive. In a discussion…

Massive response to latest bonds issue

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The overwhelming response to China’s latest US dollar-denominated sovereign bond issuance underscores the confidence of investors in the country’s economic restructuring and high-quality growth trajectory, financial professionals said. The strong positive reception also reflects Beijing’s continued push to deepen its engagement with international capital markets through the Hong Kong Special Administrative Region. The Ministry of…

Senior executive praises impact of China International Import Expo

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The just-concluded China International Import Expo (CIIE) was a valuable opportunity for multinational corporations to exchange ideas with peers, customers and government leaders, according to a senior executive from Johnson Controls. Anu Rathninde, president of Johnson Controls Asia Pacific, said: “This year marks the eighth consecutive year for Johnson Controls’ participation in the CIIE. “CIIE…

Timor-Leste coffee association deepens Chinese market presence at CIIE

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Daniel Leong, president of the Asosiasaun Café Timor, takes a photo with an International Services Shanghai board at the 8th China International Import Expo in Shanghai. [Photo/He Yixuan] For Daniel Leong, president of the Asosiasaun Café Timor (ACT), the China International Import Expo is a new experience — but for the Timor-Leste coffee association he…

In AI age, what will be humanity’s defining value?

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From physical strength in agricultural societies to knowledge in the industrial era—each age of human civilization has been shaped by a distinct form of capability. Now, as artificial intelligence reshapes the world, a pressing question emerges: what will anchor human value in the age of AI? At a forum during the 2025 World Internet Conference…

Iron, steel sector profits rise in Jan-Sept

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The iron and steel industry’s profits increased by 1.9 times in the first three quarters, an improvement from the same period of 2024, said Jiang Wei, vice-chairman and secretary-general of the China Iron and Steel Association. However, the sector is still facing pressure to balance demand and supply, and steelmakers must exercise greater self-discipline in…

European Statistics Code of Practice: anniversary event

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AI future depends as much on responsible governance as technology, experts say

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As artificial intelligence continues to reshape industries and daily life at a remarkable speed, its future will depend as much on responsible governance as on technological progress, said experts and business leaders. “AI has become an irreversible trend of our time, profoundly changing the way we produce, live and govern,” Wu Dong, chief engineer of…