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China’s proactive fiscal policy maintains strong momentum

China’s proactive fiscal policy has maintained strong momentum in the first three quarters, with fiscal revenue seeing a steady recovery, according to the latest official data released by the Ministry of Finance on Friday. In the first three quarters, the country’s general public budget revenue reached 16.39 trillion yuan ($2.25 trillion), up 0.5 percent year-on-year.…

Podcast: innovation through collaboration with academia

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Innovations speed modern industrial journey

LI MIN/CHINA DAILY China intensified efforts to bolster the integration of sci-tech innovation and industrial innovation, with notable strides made in key and core technologies, as part of its broader push to drive the development of new quality productive forces during the 14th Five-Year Plan period (2021-25). Experts said the country has sent a clear…

Hebei expo zeros in on data-driven industrial growth

The 2025 China International Digital Economy Expo (CIDEE) commenced on Friday in Shijiazhuang, Hebei province, marking a significant step in fostering global cooperation and showcasing cutting-edge advancements in the digital sector. The three-day event centers around applying data to help drive high-quality industrial growth. It features an opening ceremony, forums, exhibitions, and investment matchmaking activities.…

Vivo bets big on AI with latest large language model

Vivo unveils the latest upgrade of its self-developed large language model. [Photo provided to chinadaily.com.cn] Chinese smartphone vendor Vivo has unveiled its comprehensive BlueAI intelligent strategy and the latest iterations of its operating systems, OriginOS 6, as the Chinese tech company works to beef up its research and development capabilities. Shi Yujian, Vivo’s senior vice-president…

Tax shift seen as boost to consumption

People attend a flag-raising ceremony marking the 76th anniversary of the founding of the People’s Republic of China at Tian’anmen Square in Beijing, capital of China, Oct 1, 2025. [Photo/Xinhua] As China prepares its next five-year economic blueprint, economists widely expect the world’s second-largest economy to start relocating the point of collection of its largest…

Which EU regions have the highest GDP per inhabitant?

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Car brands struggle to balance product, sales and service

The majority of vehicle brands in China fail to strike a balance between product, sales, and service, according to the inaugural J.D. Power 2025 China Brand Reputation Index Net Promoter Score, released on Friday. The index shows that premium internal combustion engine brands in China average a score of 51.8 on a scale of -100…

Shanghai’s Qingpu district ramps up high-quality growth of cosmetics sector

Shanghai’s Qingpu district is stepping up efforts to promote high-quality growth of its cosmetics industry, focusing on innovation and leveraging its advantages in the integration of the Yangtze River Delta region, officials and experts said on Friday at a conference. In recent years, China’s cosmetics consumption has maintained strong growth momentum, with the market becoming…

China grants market access to 15 food categories from 10 BRI countries

Women dressed in traditional attires pose for a group photo in front of the Belarusian National Football Stadium, a landmark project built with Chinese support, in Minsk, Belarus, June 7, 2025. [Photo/Xinhua] China’s General Administration of Customs on Wednesday granted market access to 15 categories of food products from 10 countries, including South Africa and…