Wuxi makes big push for AI innovation
Eyeing the rapid development of artificial intelligence technology, Wuxi Economic Development Zone (WEDZ) in Jiangsu province will build itself into a hub for AI technology innovation and applications, officials said…
XPeng expects overseas sales to double in 2025
XPeng launches the X9 in Malaysia in early 2025. Chinese NEV startup XPeng is expected to ship over 40,000 vehicles overseas this year, twice the 2024 level, said Chairman and…
PBOC reaffirms future rate cuts stance after US Fed holds steady
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. The People’s Bank of China (PBOC) has pledged to intensify monetary policy adjustments and…
Policy mix key to addressing structural woes
People visit the exhibition area of consumer goods during the seventh China International Import Expo (CIIE) in East China’s Shanghai, Nov 5, 2024. Faced with structural issues at home and…
Cyborg-like walking assistance device targets China’s expanding elderly market
A senior citizen wearing an exoskeleton walking aid device shops at a market in Hangzhou, East China’s Zhejiang province, Feb 24, 2025. HANGZHOU – The cyborgs of science fiction, once…
Grain-producing technology bolstered in Shandong
With the country’s “No 1 central document” for 2025, released on Feb 23, calling for bolstering the coordination of agricultural research resources and developing agricultural new quality productive forces to…
GECs seen as key to boosting green progress
Offshore wind turbines are pictured in the waters of Laizhou city, East China’s Shandong province, Jan 7, 2025. China is making efforts to enhance the mutual recognition of green electricity…
Deutsche Bank executive: Now is the time to invest more in China
Ole Gerdau, COO at Deutsche Bank China, highlighted that China’s strength in AI might surprise many. With the launch of DeepSeek, China’s unstoppable momentum in AI is clear. Deutsche Bank…
Shanghai’s tourism revenue hits record high of 576b yuan in 2024
SHANGHAI – East China’s metropolis Shanghai saw a record-breaking tourism revenue of 576.1 billion yuan ($80.3 billion) in 2024, said authorities on Friday. Among the total revenue, domestic tourism revenue…
Dabao, Peking University launch joint anti-aging lab
Scholars from Peking University and Caroline Tillett, chief scientific officer of Kenvue Inc attend the unveiling ceremony of a joint laboratory on anti-aging in Beijing. Dabao, a skin health and…