BEIJING — The People’s Bank of China on Friday announced that it will conduct 14-day reverse repo operations with fixed volumes through interest-rate bidding, with winning bids determined at multiple price levels. Effective immediately, the move is aimed at maintaining abundant liquidity in the banking system and meeting the differentiated funding needs of various participating…
An employee of Bank of Beijing operates a humanoid robot during a recent expo in Beijing. CHEN XIAOGEN/FOR CHINA DAILY China’s listed banks are ramping up the adoption of artificial intelligence, accelerating deployments in the first half as they seek to boost efficiency, enhance customer experience and unlock new growth, with experts saying large AI models…
Bitten by the travel bug, thousands of Chinese people are planning holidays abroad during the upcoming eight-day Mid-Autumn Festival and National Day holiday. Niche destinations and immersive experiences are big draws, with the expansion of visa-free policies and increased international flights providing the perfect boost. According to the United States-based lodging and short-term vacation rental…
An intelligent robot of Youibot Robotics carries out inspection work at a park in Hefei, Anhui province. CHINA DAILY China will open the 2025 World Manufacturing Convention on Saturday in Hefei, capital of Anhui province, positioning the inland manufacturing hub as a window for global investment and industrial cooperation. The four-day event, running from Saturday to…
JW Marriott Hotel Beijing Central launches an afternoon tea themed on the Beijing Central Axis on June 6, 2025. [Photo by Yang Xiaoyu/chinadaily.com.cn] Located just… Read More »Luxury hotel launches Central Axis-themed afternoon tea
Beijing-based biotech unicorn METiS TechBio announced on Tuesday the launch of what it calls the world’s first AI-powered nano delivery platform, NanoForge, a breakthrough that could reshape how medicines are designed and delivered, paving the way for reprogrammable drugs. At the launch event in Beijing, company co-founder and CEO Chris Lai compared the technology to…
A view of MAEXTRO’s super factory co-developed by JAC Group and Huawei Technologies in Hefei, Anhui province. CHINA DAILY Inside a sprawling plant in Hefei, Anhui province, rows of robotic arms swing in unison, sparks flash as metal panels fuse into the skeletal frame of a car. On a nearby screen, a digital twin recreates every…
The 2025 World Internet Conference Cultural Heritage Digitalization Forum is set to take place in Xi’an, capital of Northwest China’s Shaanxi province, from Sept 16 to 17. The video Memories of Chang’an weaves history and technology into a vivid dialogue across time and space, showing how digitalization is keeping cultural heritage alive and accessible to everyone,…
Servier China unveiled its “It Means the World” Patient Week in Beijing on Sept 15 to strengthen dialogue among patients and families, patient organizations and physicians. As one of the earliest multinational pharmaceutical firms to enter China, Servier has operated in the country for 45 years. The company has built a good presence in the…
Beijing has called on Brussels to abandon the weaponization of tariffs and provide a truly level playing field for Chinese electric vehicle makers, while also welcoming European automakers into China, the Ministry of Commerce said on Thursday. “China’s EV industry has indeed been a driving force behind the broader transformation of the automotive sector toward…