Shanghai’s latest adjustments to home purchase measures triggered a more than 35 percent week-on-week surge in new home transactions, along with a sharp rise in inquiries for pre-owned apartments. Industry experts said on Monday that the response highlights the effectiveness of the new policy and sets the stage for broader market stabilization. “Following the policy…
People visit the booth of Chinese auto brand Denza during the exclusive media day of GAIKINDO Indonesia International Auto Show (GIIAS) 2025 at the Indonesia Convention Exhibition in Tangerang, Banten province, Indonesia, July 23, 2025. [Photo/Xinhua] As Chinese automakers climb global sales rankings, consumers at home and abroad are gaining access to more advanced and…
A visitor interacts with a robot equipped with intelligent dexterous hands at the 2025 World AI Conference (WAIC) in East China’s Shanghai, July 29, 2025. [Photo/Xinhua] China will ramp up policy support for the artificial intelligence sector, as it plays an important role in boosting consumption and promoting high-quality economic development, officials and experts said.…
A visitor (right) experiences a massage treatment conducted by an intelligent robot at a health maintenance store in Qinhuangdao, Hebei province, on June 18. CAO JIANXIONG/FOR CHINA DAILY China is overhauling its pricing law after nearly three decades, a critical revision aimed at curbing cutthroat price wars, algorithm discrimination and other unfair market practices in the…
The China-UAE Economic and Trade Cooperation Promotion Conference is held in Yinchuan, Ningxia Hui autonomous region on Aug 28, 2025. [Photo provided to chinadaily.com.cn] China and the UAE signed on to 11 trade and investment projects worth 2.4 billion yuan ($33.6 million) at a high-level promotion event in Yinchuan, Ningxia Hui autonomous region on Thursday…
CITIC actively invests in emerging industries like digital technology, low-altitude economy and artificial intelligence. [Photo provided to chinadaily.com.cn] CITIC Ltd has published interim results for 2025, reporting revenue of 368.8 billion yuan ($51.69 billion), a net profit of 59.8 billion yuan, and profit attributable to ordinary shareholders of 31.2 billion yuan. The company board has recommended…
An engineer checks operation data at Logitech International SA’s Suzhou manufacturing base in Jiangsu province, in July 2024. [Photo provided to chinadaily.com.cn] Logitech International SA has pursued innovation and automation upgrades at its Suzhou manufacturing base in Jiangsu province, as the Swiss consumer electronics maker seeks to harness China’s booming gaming market and resilient supply…
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XPeng’s booth is attracting visitors vehicles with its models at the Chengdu Motor Show on Aug 29, 2025. [Photo provided to chinadaily.com.cn] XPeng delivered 37,709 vehicles in August, a 169 percent jump from a year earlier and a 3 percent rise from July, marking a new monthly record, the Chinese NEV maker said Monday. The…
From an all-time high trade deficit with Russia to zero in just three years. Said and deliveredAfter Russia invasion, imports from Ukraine fell off a cliff, while Russian exports to China jumped to record highs.Draghi’s Rimini speech didn’t sound like summer musings. He ticked off the threats one by one: China backing Russia, the war…