China’s top AI models match US peers as chip self-sufficiency doubles, patent share hits 70%
China’s artificial intelligence industry has entered what could prove to be a defining phase in its competition with the United States, with leading domestic large language models now matching top-tier…
Holiday spending signals shifting priorities
Visitors check out smart watches at Huawei’s global flagship store on Nanjing Road, Shanghai, on Feb 27. WANG GANG/FOR CHINA DAILY The Spring Festival holiday has concluded, but one of…
China sets target of 4.5-5% GDP growth for this year
President Xi Jinping (center), who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, and other leaders attend the opening…
China looks to increase imports to achieve trade balance
Chinese Commerce Minister Wang Wentao attends a press conference for the fourth session of the 14th National People’s Congress on economy in Beijing, capital of China, March 6, 2026. China…
Linyi aims to build itself into a trade hub along the Belt and Road
In a strategic push to accelerate the internationalization of its commerce sector, Linyi in Shandong province is leveraging the Belt and Road Initiative to evolve from a national trading hub…
China expresses concern following EU legislation restricting foreign investment
China expressed serious concern on Friday after the European Union released a new legislative proposal imposing restrictive conditions on foreign investment in several emerging strategic industries, warning that the measures…
Alibaba steps up focus on Qwen LLM
People walk past the booth of Qwen during the 2026 Mobile World Congress (MWC) in Barcelona, Spain, March 2, 2026. Chinese tech heavyweight Alibaba Group is reorganizing leadership and stepping…
PBOC governor: China to expand financial opening
China will continue to steadily expand high-level financial opening and help build a more equitable, inclusive, and resilient global financial governance system, Pan Gongsheng, governor of the People’s Bank of…
Chinese automaker NIO enters Thailand
BANGKOK — Chinese automaker NIO officially introduced its fully electric premium compact vehicle line under the brand Firefly in Thailand on Thursday as part of its strategy to expand global…
Where time moves at tea pace
Sunrise casts a golden hue on the mist enveloping Jingmai Mountain in Yunnan province. On Jingmai Mountain in Southwest China’s Yunnan province, tea is far more than a beverage. For…