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…
Chinese smartphone brands step up game despite slump in shipments
Vivo unveiled its latest smartphone, in Lijiang, Yunnan province. Smartphone shipments in the Chinese market fell 14.6 percent year-on-year to 16.79 million units in February 2026, according to the latest…
China’s commerce ministry comments on Meta’s acquisition of Manus
BEIJING — The Chinese government supports enterprises in carrying out cross-border operations and technological cooperation based on their needs, provided that such activities comply with Chinese laws and regulations and…
PepsiCo executive highlights China’s dynamic consumer market
PepsiCo’s potato farm in Zhanjiang, Guangdong province. A senior executive with PepsiCo Foods China said the country’s consumer landscape, combined with its large population and market scale, presents distinctive opportunities…