China distributes 1b yuan in subsidies to support e-bike trade-in program
BEIJING – Since the start of 2025, China has distributed 1 billion yuan ($139.48 million) in subsidies to over 1.65 million consumers participating in its e-bike trade-in program, the Ministry…
Carmakers look for collaboration over competition
Workers inspect vehicles at Leapmotor’s plant in Jinhua, Zhejiang province, on Jan 9. JIN SICHENG/FOR CHINA DAILY China’s oldest carmaker FAW has partnered with 10-year-old Leapmotor, marking another significant milestone…
What makes this China share rally really unique
CAI MENG/CHINA DAILY Looking back at 2024, Chinese equities delivered strong returns, outperforming most stock markets outside of the United States. However, it certainly didn’t feel that way last year,…
Innovations proposed to tackle industry’s challenges
Workers install car wheels at the assembly workshop of the Seres factory in Shapingba district, Chongqing on March 11, 2024. Auto executives have submitted proposals for advancing healthy development of…
China’s automakers should step up cross-sector collaboration, industry veteran says
Zhang Xinghai, chairman of emerging automaker Seres and member of the 14th National Committee of the Chinese People’s Political Consultative Conference, addresses the media during the ongoing two sessions on…
‘Wild West’ tariff threats challenge and chance
CAI MENG/CHINA DAILY Almost all economists agree that a global trade war is a losing game for all, and will disrupt supply chains, inflate prices, defy the principles of comparative…
Jinjiang a role model in industrial transformation
By CAO DESHENG and HU MEIDONG in Fuzhou | China Daily | Updated: 2025-03-07 09:42 Visitors check out sportswear at an innovation exhibition facility of Anta in Jinjiang, Fujian province.…
China’s industrial internet achieves full coverage of all key categories
Intelligent robots work on a vehicle production line in Changchun, Jilin province, on April 24, 2024. Deployed across 49 sectors of economic sectors, China’s industrial internet has now achieved full…
Alibaba Cloud unveils model that competes with DeepSeek
Alibaba Cloud, the cloud computing unit of Chinese tech heavyweight Alibaba Group has introduced its latest open-source large language model QwQ-32B, with its performance comparable to leading models such as…
Legal support key for China’s private economy
“Private enterprises have made a significant contribution,” said Liu Yonghao, a national political advisor and chairman of New Hope Group, underscoring the need for equal treatment and legal safeguards to…