AI generatedGlobal trade, encompassing both goods and services, represents around 30% of global GDP. Services account for approximately 25% of total trade, with goods making up the rest. Our projection indicates continued strength in the services sector, but a more pessimistic outlook for goods trade. With worsening conditions likely before any improvement, our forecast might…
Humanoid robots attract the attention of a guest during the 2025 Zhongguancun Forum Annual Conference at the Zhongguancun International Innovation Center in Beijing on Thursday. The conference, with the theme “New Quality Productive Forces and Global Science and Technology Cooperation”, opened on Thursday and will run through Monday. It has attracted more than 1,000 participants…
A bird’s-eye view of mascots of China International Consumer Products Expo. [Photo/VCG] BEIJING – The fifth China International Consumer Products Expo (CICPE), scheduled for April 13 to 18 in Haikou, capital of South China’s Hainan province, will showcase the latest humanoid robots from leading domestic and international companies, the event’s organizers announced on Thursday. The…
Intelligent robots work on a vehicle production line in Changchun, Jilin province, on April 24, 2024. [Photo/Xinhua] BEIJING – The combined profit of China’s major industrial enterprises went down 0.3 percent year-on-year in the first two months of 2025, the National Bureau of Statistics (NBS) said on Thursday. Industrial firms with an annual main business…
Humanoid robots work at a smart factory of electric car manufacturer Zeekr in Ningbo, Zhejiang province, on March 1. [Yu Changsheng/for China daily] BOAO, China – Propelled by domestic innovation, China is assuming technological leadership globally, transitioning beyond its role as the world’s factory, Denis Depoux, global managing director at Roland Berger, a Munich-based consultancy,…
South China’s Guangdong province remained a prime destination for foreign investment in the first two months of the year, indicating that global enterprises continue to have a positive outlook on the province and the Guangdong-Hong Kong-Macao Greater Bay Area. Despite geopolitics and tariff frictions between the United States and major economies around the world, Guangdong,…
Customs officials check imported coffee beans at a warehouse in Kunshan, Jiangsu province. CHINA DAILY Pu’er, a city located in a mountainous region of Southwest China’s Yunnan province, is famous for its Pu’er tea, a type of fermented tea. However, of late, it has also quietly become a major production hub for China’s coffee industry, boasting…
Bill Winters, group chief executive of Standard Chartered, speaks during the recent China Development Forum in Beijing. CHINA DAILY Standard Chartered PLC is firmly optimistic about China’s economic prospects and has actively aligned its business strategies with economic trends, such as the high-quality development of the private economy and the rapid application of artificial intelligence technologies,…
China is mulling raising the foreign debt ceiling for high-technology enterprises while expanding the reach of policies that facilitate corporate foreign exchange management, as part of the country’s all-round efforts to enhance financial support for private enterprises, said the State Administration of Foreign Exchange. Executives and experts said the moves will support private, tech-oriented enterprises…
The application of artificial intelligence technology will significantly improve energy utilization efficiency and accelerate the transition of traditional high-carbon industries towards green, low-carbon development, experts said during a forum focusing on carbon peak and carbon neutrality science and technology at the Zhongguancun Forum. “AI technology is one of the key points in the innovation chain…