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China Telecom scores big in quantum sector

Visitors check out displays showing quantum technology applications during a demonstration held by China Telecom in Wuhan, Hubei province, in October.[CHINA DAILY] China has ushered in a new era of cybersecurity with the world’s first commercially ready cryptography system that integrates quantum key distribution and post-quantum cryptography, marking a groundbreaking leap in defending against next-generation…

China’s digital economy to exceed 10% of GDP by year-end

A robot is pictured at the 8th Digital China Summit in Fuzhou, Southeast China’s Fujian province, April 29, 2025. [Photo/Xinhua] The added value of core industries of China’s digital economy is expected to account for more than 10 percent of GDP by the end of this year, as the country accelerates steps to advance its…

Qatar Airways Cargo flies high on China’s output

Employees load cargo onto a Qatar Airways freighter at Hamad International Airport in Doha, Qatar.[CHINA DAILY] Qatar Airways Cargo, a unit of the national airline of Qatar, said demand from China has grown steadily, led by the rapid rise of cross-border e-commerce, and the carrier sees this growth as a long-term trajectory given China’s manufacturing…

Annual inflation stable at 2.2% in the euro area

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59 085 asylum applications in February 2025

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Marelli plans to expand engineering team in China

The booth of Marelli Holdings Co Ltd during an industry expo in Shanghai. PHOTO/CHINA DAILY Marelli Holdings Co Ltd, a Saitama, Japan-headquartered multinational automotive parts manufacturer with more than 50 manufacturing facilities across the world, will expand its engineering team from 800 to 1,000 in China over the next three years, said its top executive.…

Xiaomi to unveil breakthrough 3nm chip this week

Xiaomi Corp confirmed on Monday that it will unveil a 3nm Xuanjie O1 chip on Thursday, after over four years of intensive R&D efforts.The move will position Xiaomi in direct competition with leading global chipmakers, with the new chip poised to power Xiaomi’s latest smartphones. Lei Jun, CEO and chairman of Xiaomi, said via a…

Platforms prepare for June 18 shopping carnival

Major Chinese e-commerce platforms have ramped up efforts to offer steep discounts and consumption coupons as well as to simplify promotions during this year’s June 18 online shopping carnival, with direct price reductions being a preferred strategy of attracting price-conscious customers and bolstering sales. As Chinese shoppers have become more rational and prudent about potential…

EU Outpaced: China’s Output Deluge Drowns Trade Balance

China continues to follow its trade playbook with precision, maintaining the widest possible gap in its favor. In Q1 2025, EU imports from China fell 7% compared to the 2022 peak—but EU exports to China dropped even more sharply, down 11%. The result: the EU’s import-to-export ratio with China has hit a new all-time high.In…

Chinese brands see impressive growth in global brand value rankings

[Photo provided to chinadaily.com.cn] The total value of Chinese brands listed among the 2025 top 100 most valuable global brands has surged by 26 percent year-on-year. This growth rate marks the world’s second-highest, showcasing China’s remarkable market vitality and brand power on the global stage, according to a recent report released by the consulting firm…