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Cloud firms expand overseas footprint

Visitors check out Alibaba Cloud services during a high-tech conference in Hangzhou, Zhejiang province, in September 2024. LONG WEI/FOR CHINA DAILY Chinese cloud computing companies have accelerated steps to expand their presence in overseas markets and build digital infrastructure such as data centers, as an increasing number of businesses are leveraging artificial intelligence technology and…

China’s innovation, transformation pace attracting more investments

People view and take pictures of an industrial robot from Swiss technology company ABB during the China International Industry Fair in Shanghai on Sept 25, 2024. CHINA DAILY Multinational corporations will continue to scale up their investment in the Chinese market, propelled by the country’s thriving landscape of new quality productive forces, a vibrant innovation ecosystem…

Industrial sector puts up solid half

Employees work on the assembly line of a textile machinery manufacturer in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China’s industrial sector has maintained a steady recovery momentum in the first half, with equipment manufacturing and high-tech manufacturing posting rapid growth despite challenges and external uncertainties, officials and experts said. Their comments came after data…

Power upgrades help farmers meet green goals

State Grid Corp of China, the world’s largest utility which is crucial to China’s energy security and economic lifeline, is thinking of innovative ways to help bolster rural vitalization by incorporating more new energy. Earlier, it released its new energy services development report 2025 saying it is accelerating the construction of a new power system…

Openness, fair competition power China’s unified national market

A drone photo taken on July 2, 2025 shows an electric vertical take-off-and-landing (eVTOL) aircraft performing flight demonstration at Luogang Park in Hefei, East China’s Anhui province. [Photo/Xinhua] BEIJING — At Hefei’s urban air mobility hub, the rotor blades of an electric vertical take-off and landing (eVTOL) aircraft hum to life before it glides smoothly…

Real estate shows signs of stability

A property agent (center) introduces a residential project in Qingzhou, Shandong province. [WANG JILIN/FOR CHINA DAILY] China’s real estate sector has shown signs of halting its downward spiral and moving toward stabilization in the first half of the year, as the effect of various supportive policies kicked in, officials and analysts said. Sheng Laiyun, deputy…

Chinese company Apsonic becomes sponsor for Africa Cup of Nations

Chinese motorcycle brand Apsonic signs a cooperation agreement with the Confederation of African Football on Friday, becoming the official sponsor for the Africa Cup of Nations in 2025 and 2027. [Photo by Qiu Quanlin/chinadaily.com.cn] Apsonic, a Guangdong-based motorcycle brand, signed a cooperation agreement with the Confederation of African Football in the provincial capital of Guangzhou…

Songshan Lake: a microcosm of China’s innovation ecosystem

A staff member operates robot to climb stairs at a robot base in Dongguan, South China’s Guangdong province, June 23, 2025. [Photo/Xinhua] GUANGZHOU — Songshan Lake, nestled in south China’s Guangdong province, buzzes with youthful energy as tomorrow’s tech leaders weave through roads once scented by lychees. Just two decades ago, this thriving innovation hub…

Scorching northeast heating up purchases of air conditioners

Consumers browse air conditioners at a shopping mall in Shenyang, Liaoning province, in June. [Photo provided to China Daily] An unprecedented heatwave sweeping through Northeast China this summer is triggering a dramatic surge in demand for air conditioners, transforming a traditionally tepid market into a new hot spot for the cooling appliances sector. Typically insulated…

Nvidia CEO: Chinese cars are unfortunately not available in the US

Nvidia founder and CEO Jensen Huang said in an interview with China Daily on Wednesday that “The electric vehicles in China are probably, in the last five years, the most surprising to the world in terms of the advancement. On purely technical styling, you know, objective basis, the cars are absolutely great.” He met Lei…