Cisco bullish on long-term growth, vows deeper investment in nation
China’s sustained push for high-quality development, technological innovation and high-standard opening-up is expected to create fresh opportunities for multinational corporations, while reinforcing global confidence in the world’s second-largest economy amid…
China to intensify tax evasion crackdown for high-risk groups
A teller counts cash at a bank in Taiyuan, Shanxi province. China’s top taxation authority will launch a joint special operation this year to intensify its crackdown on tax-related crimes,…
Foreign liners gear up to tap tourism boom in China
Foreign cruise lines are stepping up efforts to tap the Chinese market by increasing port calls and expanding local operations. Meanwhile, foreign cruise operators in China are securing their place…
Global competition helps translate AI into real productivity
The 2nd Digiloong Cup Global AI Innovation Competition (Digiloong GAIC) is officially launched on April 2 to inject momentum into the high-quality development of China’s digital economy and AI industry.…
China explores ‘token banks’ for SMEs, aiming for low-cost computing access by 2028
China will pilot computing power bank or supermarket to tackle a growing shortage of computing power, as authorities move to lower barriers for small and medium-sized enterprises to adopt artificial…
Starbucks, Boyu Capital complete joint venture deal
Consumers seen at a Starbucks store in Hangzhou, Zhejiang province, on Sept 9, 2025. LONG WEI/FOR CHINA DAILY Global coffee giant Starbucks Coffee Co announced the completion of its joint…
Integrated market expands consumer horizons
From left to right: Ma Chuan, member of Forvia’s executive committee, executive vice-president for Forvia China; Nathaniel Madarang, president of Goodyear Asia-Pacific; Liliana Lucioni, president of Coach China; Poh-Yian Koh,…
System glitch halts Apollo Go robotaxis in Wuhan
Several robotaxis operated by Apollo Go stalled on a main road in Wuhan, Hubei province, this week, according to local transport authorities. Local transport police authorities said that several vehicles…
China-Malaysia business dialogue yields cooperation agreements across sectors
Guests attend the signing ceremony during the Sixth Belt and Road China-Malaysia Business Dialogue in Yinchuan, Northwest China’s Ningxia Hui autonomous region, April 2, 2026. With the intent to promote…
Price war looms in China’s booming weight-loss drug market
China’s fast-growing market for GLP-1 weight-loss drugs is bracing for a major shake-up as the core compound patent for semaglutide was expiring in March, opening the door for multiple domestic…