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Policy
China to improve drug price formation mechanism
The Chinese government has rolled out guidelines on improving the drug price formation mechanism, with the aim of keeping drug prices within a reasonable range. These guidelines, recently issued by the General Office of the State Council, stress the need to refine the market-oriented mechanism for drug price formation, support the high-quality development of the pharmaceutical industry, and ensure that the people have access to medicines that are both high in quality and reas
1 hour ago
New rules on AI set to protect minors in China
China has issued new rules regulating providers of AI systems that simulate human personality traits, thinking patterns and communication styles in continuous emotional interactions with users, placing strict safeguards on content for minors. The interim measures, jointly released by the Cyberspace Administration of China along with four other government departments, aim to balance technological innovation with safety and public interest. Under the new regulations, such servi
23 hours ago
China ready to further play constructive role for peace in Gulf region: Premier Li
Chinese Premier Li Qiang said on Monday that China is ready to further play a constructive role and contribute to the restoration of peace and tranquility in the Gulf region. Li made the remarks when holding talks with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, crown prince of Abu Dhabi, United Arab Emirates (UAE), in Beijing. Li noted that since the conflict in Iran broke out, China has been in close communication with relevant parties and actively committed to promoting
1 day ago
China dismisses claims of support to Iran's military as 'false information'
China's Ministry of National Defense on Thursday denied claims that Chinese firms offered chip equipment and intelligence support to Iran's military, dismissing them as "false information". The ministry's spokesman Zhang Xiaogang made the remarks at an online news briefing on Thursday in response to media reports claiming that the Shanghai-based Semiconductor Manufacturing International Corp provided chipmaking equipment to Iran's military and that a Chinese commercial satell
5 days ago
Economy
China's economy to grow 4.4% in 2026, IMF forecasts
The International Monetary Fund on Tuesday projected China's economy to expand by 4.4 percent in 2026, a forecast that underscores the country's resilience amid global headwinds from the Middle East conflict. The forecast was unveiled during the 2026 Spring Meetings of the IMF and the World Bank Group, or WBG, held in Washington from April 13 to 19. The latest World Economic Outlook was released as the heads of the IMF, the WBG, and the International Energy Agency met on Mond
47 minutes ago
China continues control measures for gasoline, diesel prices
China will continue to implement control measures regarding retail prices of gasoline and diesel from Wednesday, aiming to mitigate the impact of rising international oil prices on its domestic market, the country's top economic planner said on Tuesday. Since the adjustment of domestic oil prices in late March, international crude oil prices have experienced significant fluctuations, the National Development and Reform Commission (NDRC) said in a statement. Based on the exist
Apr 7
China's consumer goods trade-in program generates sales of 433.17 billion yuan in first quarter
China's government-backed consumer goods trade-in programs benefited over 60.93 million purchases in the first quarter of 2026, boosting sales of 433.17 billion yuan (about 62.84 billion U.S. dollars), commerce ministry data showed Friday. A total of 1.41 million subsidy applications were received for auto trade-ins, driving new vehicle sales of 228.69 billion yuan in Q1. People shop for smartphones and other consumer electronics eligible for the Chinese government's trade-in
Apr 4
China's economy on firm footing at start of 2026
China's industrial sector got off to a robust start in 2026, with profits of major industrial enterprises accelerating in the first two months of the year, underpinned by the strengthening of high-tech sectors and highlighting improving business conditions amid strong policy support, official data showed on Friday. Analysts said the upbeat figures add to a broader set of indicators suggesting China's economy is gaining strong momentum at the start of the year, reinforcing exp
Mar 29
Culture
Over 800 events to be staged at Xuhui West Bund in 2026
More than 800 events across culture, tourism, commerce, sports, and exhibitions will be held at Shanghai's Xuhui West Bund in 2026, as announced at a media briefing held at West Bund Orbit. Chen Anda, deputy general manager of Shanghai West Bund Development Group Co, outlined a lineup of flagship events for the year: the Jazz Spring West Bund music festival over the May Day holiday, the Shanghai leg of the FISE World Series and the urban sports carnival in October, and the We
4 days ago
Ningxia students continue 31-year tradition with 54-km trek to honor martyrs
For the last 31 years, thousands of students in Northwest China have marked the approach of Qingming Festival, or Tomb-Sweeping Day, with an extraordinary act of remembrance: a 54-kilometer trek through rugged mountain terrain to honor fallen soldiers. On April 3, students and volunteers take part in an annual 54-kilometer trek to the Renshanhe Martyrs Cemetery in Guyuan, Ningxia Hui autonomous region. [Photo provided to chinadaily.com.cn ] At 5 am on April 3, more than 3,000
5 days ago
Production mistake turns 'weepy horse' toy into viral hit in China
A toy horse with its mouth accidentally stitched upside down has gone viral on Chinese social media, transforming what was once seen as a manufacturing defect into an unexpected bestseller in Yiwu, the trinket capital of the world in China's Zhejiang Province. The plush toy, originally intended as a smiling Year of the Horse figurine, attracted widespread attention after a consumer in Hangzhou shared her purchase online. Netizens dubbed the toy the "weepy horse," saying its d
Jan 19
Ancient herbs meet modern baking as medicinal bread fuels health trend
In the soft morning glow of a hospital bakery in Kunming, Yunnan province, the air is a tapestry of scents: the earthy tang of goji berries, the subtle sweetness of jujubes and the sharp zing of rose hips — all interwoven with the aroma of freshly baked bread. As the first loaf emerges from the oven, its crust flecked with medicinal herbs, the line outside the door stretches down the hallway. This fusion of traditional Chinese medicine and modern baking has turned hospital ba
Nov 13, 2025
Science & Technology
China explores nuclear power to drive AI
China is exploring leveraging nuclear energy to meet artificial intelligence's huge demand for electricity, as the token economy becomes the latest buzz word sweeping across the global tech industry. A token is the fundamental unit of data processed by an AI large language model. The momentum for the growth of the token economy grew stronger after Nvidia CEO Jensen Huang described tokens as "the new commodity" during a recent conference, and global tech companies are ramping
5 days ago
Chinese firm tests AI 'digital employees' modeled on former staff
A game media company in east China’s Shandong Province recently has turned a departing employee into an AI-powered digital worker to continue handling tasks, according to media reports. The former employee, who previously worked as an HR specialist, now has a digital avatar capable of handling basic tasks such as consultations, interview scheduling, and preparing presentations and spreadsheets. According to a screenshot from the reports, the digital employee can introduce its
Apr 7
China sets new record in global hot water ice drilling
China has achieved a remarkable depth of over 3,400 meters in its first hot water ice drilling experiment in Antarctica, breaking the previous international record of 2,540 meters, the Ministry of Natural Resources said on Tuesday. On February 5, China's 42nd Antarctic expedition team successfully completed the country's first hot water ice drilling test in the Qilin Subglacial Lake region, reaching a depth of 3,413 meters. The achievement marks the country's capability to co
Apr 7
Chinese firms in high-tech industries show growth
China's listed companies are reporting their 2025 annual results, with data pointing to a fact that tech-driven earnings growth is emerging as a powerful new engine. Of more than 1,200 companies that had filed annual reports as of Friday morning, nearly 90 percent turned a profit, according to data provider Wind. Firms in high-tech industries, including artificial intelligence (AI), semiconductors and telecommunications, stood out, suggesting that their sustained innovation e
Apr 4
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