Luxeed, a joint brand of Chery and Huawei, showcases its models at Auto China 2026 in Beijing in late April. LI FUSHENG/CHINA DAILY Rapid technological convergence and intensifying competition are making cars increasingly similar in China’s new energy vehicle industry, raising questions about profitability and long-term differentiation in the world’s largest auto market. Speaking during…
A boy enjoys ice cream at a Magnum pop-up store on Hubin commercial street in Hangzhou, Zhejiang province, on May 4. CHINA DAILY At a sprawling factory in Taicang, Jiangsu province, Peter ter Kulve, CEO of The Magnum Ice Cream Company, watched as a robot dog patrolled the factory complex. Nicknamed Ne Zha, the robot…
CAI MENG/CHINA DAILY As the global wave of green transition accelerates, major-power competition is increasingly intertwined with the green economy race. The European Union, once a pioneer and leader in the global green transition, is now facing growing concerns over its technological and industrial competitiveness, and remains highly vigilant about China’s position in global green…
At the Brain-Computer Science Innovation Demonstration Center in the Yuhang district of Hangzhou, in East China’s Zhejiang province, an employee of neurotechnology company BrainCo, who lost his arms, has rekindled his passion for calligraphy, using an intelligent bionic hand to hold a brush and write with ink. Behind the scenes is BrainCo’s non-invasive brain-computer interface…
Visitors try Ethiopian coffee during an expo in Shanghai. MENG CHENGUANG/XINHUA China’s zero-tariff policy for 53 African diplomatic partners took effect on May 1, boosting coffee imports via Shanghai, China’s key port, and benefiting numerous African coffee farmers. The Hongqiao International Coffee Industry Chain Ecosystem Conference was held in Shanghai from Tuesday to Wednesday. Its…
The China International Fair for Investment and Trade is to be built into a landmark event under the “Invest in China” initiative and a key public platform to promote two-way investment, a senior Chinese investment promotion official has said. The same official talked up its potential of playing an increasingly vital role in guiding global…
The booth of Boeing during an expo in Xi’an, Shaanxi province. CHINA DAILY China agreeing to purchase 200 aircraft from Boeing is expected to bolster commercial ties between China and the United States, especially in the aviation sector, as industry analysts said the agreement represents a partial easing of strained industrial ties after nearly a decade.…
Participants attend the 2026 Suzhou Global Investment Promotion Conference on Thursday in Suzhou, Jiangsu province. The conference was held as a sideline event to the APEC Ministers Responsible for Trade Meeting. CHINA DAILY China will remain a prime long-term destination for global investors, driven by its vast consumer market, deeper opening-up and rapid advances in digital…
Chinese smartphone brand iQOO has unveiled its latest model. [Photo provided to chinadaily.com.cn] While the global smartphone market continues to contract, AI-powered devices have emerged as a rare bright spot, according to latest data from the market research company Canalys. In the first quarter of 2026, worldwide shipments of AI smartphones soared 320 percent year-on-year.…
Liu Jun, president of Lenovo China. [Photo provided to chinadaily.com.cn] Chinese tech heavyweight Lenovo has announced a massive push to accelerate the development of its Tianxi AI ecosystem, pledging 1 trillion tokens of computing power and establishing a multi-million-yuan incentive fund for developers and users. The move aims to foster collaboration among industry partners, developers…