Chinese smartphone vendor Vivo has unveiled the world’s lightest foldable smartphone, the X Fold 5 series, as the tech company works hard to beef up its technological strength amid intensified competition. The X Fold 5 is a follow-up to last year’s X Fold 3, which, at 219 grams, was the world’s lightest book-style foldable phone.…
Staff members work at the precision engineering base of Chongqing Shunduoli Motor-vehicle Co Ltd in Beibei district of Chongqing, Southwest China, May 9, 2025. [Photo/Xinhua] BEIJING — The number of China’s private sector entities reached 185 million by the end of May, increasing 2.3 percent year-on-year, official data showed Friday. The private sector, including private…
Chinese and foreign companies signed deals worth approximately 40 billion yuan ($5.5 billion) during the Shanghai Cooperation Organization Energy Ministers Meeting, which was held in Ningbo, Zhejiang province on Thursday. The 25 projects, which will have a total installed capacity of 12 million kilowatts (kW), demonstrate the broad potential for energy cooperation in the region.…
AI digital employees are defined as the fourth employment model, representing a new form of practice of new quality productive forces, said Hu Wei, founder and CEO of Shenzhen Talent Today Information Technology Co Ltd, during the Vibrant China research and visit tour. With the help of the Huawei platform, Shenzhen, as a window to…
EU’s import growth is still the single best “gauge” of China’s overall export momentum.Without the current growth in imports from the European Union, China might still be able to squeeze out another percentage point or two of export growth from the developing world but only for a year or two. Sustaining a double-digit surge of…
An aerial view of a wind farm in Liuzhou, Guangxi Zhuang autonomous region. [Photo by Tan Kaixing/For China Daily] BEIJING — A set of energy interconnection standards for wind farms, photovoltaic power plants and pumped storage units was issued on Friday, laying a solid foundation for global clean energy development and transnational power interconnectivity. At…
China is expected to enhance the multi-tier financial services system to support consumption, by better coordinating financial resources and guiding financial institutions to enhance services from both the supply and demand sides, according to experts. Such efforts are aimed at meeting the diverse financing needs of both consumers and business entities, thereby expanding the supply…
A view of a workshop of Jiangsu Guofu Hydrogen Energy Equipment Co Ltd in Zhangjiagang, Suzhou, Jiangsu province, in May 2024. LANG CONGLIU/FOR CHINA DAILY As a bus glides away from a station in Zhangjiagang, Suzhou, eastern China’s Jiangsu province, a faint wisp of steam rises from its tailpipe and vanishes into the cool morning air.…
The Shanghai Gold Exchange has made a strategic move to bolster the Chinese mainland’s role in the global bullion trade by launching two new gold contracts and opening an offshore certified bullion vault in Hong Kong. According to the SGE announcement on Thursday, the move aims to better open up the gold market, diversify the…
The BYD Xi’an roll-on/roll-off ship under construction in Yangzhou, Jiangsu province, on May 1. CHEN YANG/FOR CHINA DAILY China’s automobile exports are experiencing a remarkable surge driven by logistic upgrades and new energy vehicle dominance. Chinese leading NEV maker BYD received its sixth roll-on/roll-off ship on Tuesday. Named BYD Changsha, the vessel is capable of carrying…