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China to inject $43.9b into major State banks

A promotion board of Industrial and Commercial Bank of China is seen during a humanoid robot race in Beijing on April 19. CHINA DAILY China will roll out a fresh round of capital injections into its largest State-owned commercial banks through the issuance of special treasury bonds, a move set to significantly boost their lending…

Dreame from China amazes Silicon Valley

Chinese tech company Dreame unveils its next-generation robotic lawn mower in Silicon Valley. Powered by LiDAR, SLAM navigation and AI algorithms, the Dreame Roboticmower can identify 300 types of backyard obstacles. Wu Dongxiao, head of Dreame Roboticmower, said the future Dreame Roboticmower will go beyond mowing to handle watering, fertilization and inspection, becoming a truly…

Bluetooth SIG hails China’s innovative role in global ecosystem

[Photo provided to chinadaily.com.cn] China is emerging as a pivotal force in the global Bluetooth ecosystem, both as a major market and an increasingly important source of innovation, as the technology shifts from consumer connectivity toward broader applications in the artificial intelligence era, said a senior executive of Bluetooth Special Interest Group. “Boasting the second-largest…

‘Pear Capital’ in Shanxi reaps sweet gains

Visitors gather at Xiaoxitian Temple in Xixian, Shanxi province. ZHU XINGXIN/CHINA DAILY As a spring breeze sweeps across the southern foothills of the Lyuliang Mountains in Xixian county, Shanxi province, tourists wander through a spectacular “snowy sea” of blooming pear and apple blossoms, immersing themselves in the unique poetic charm and development vitality of the…

One-person companies rise in popularity, gain policy support

China is elevating the “one-person company” from a fringe business model to a national strategy, betting that artificial intelligence can turn individuals into scalable economic units, which industry experts said is a shift unfolding in parallel with the United States, but along a markedly different path. The one-person company, or OPC, emerged as one of…

Nation’s green transition applauded

An aerial image captures a solar power station in Lianyungang, Jiangsu province, on April 19. WANG CHUN/FOR CHINA DAILY China’s indispensable role as the leader of the global green energy revolution is being further consolidated as the escalating fossil fuel crisis stemming from the US-Israel-Iran conflict accelerates the global green transition, said industry experts. “The…

Chinese drugmaker scores big in US insulin market

China’s Sunshine Lake Pharma has won US Food and Drug Administration approval for its insulin glargine injection, marking the first time a Chinese-developed insulin has obtained the regulator’s “interchangeable biosimilar” designation — a milestone that underscores the accelerated entry of Chinese biopharmaceutical companies into high-end global markets. The label allows pharmacists in the United States…