China’s new development means opportunities for world

By He Yin, People’s Daily International institutions have been optimistic about China’s economy and raised their forecasts for China’s growth, saying China has witnessed impressive trade expansion, out-of-expectation growth in manufacturing, and stable macroeconomic data. This fully demonstrates the international community’s confidence in the Chinese economy. China has been consolidating and building momentum for economic…

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A busy day at North China’s Tianjin Port

By Weng Yufei, Jin Bo, People’s Daily North China’s Tianjin Port is always bustling with vitality. Every day, the port welcomes a steady stream of over 100 colossal container ships, with more than 20,000 heavy-duty trucks thundering across its vast expanses. According to Wang Bin, a manager with China Ocean Shipping Agency Tianjin Co., Ltd.,…

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Beijing makes big strides in integrated vehicle-road-cloud solution

By Wang Zhou, People’s Daily In recent years, autonomous driving scenarios have become increasingly common in Beijing, the capital of China, especially in the Beijing High-Level Autonomous Driving Demonstration Zone located in the city’s Economic-Technological Development Area, or Beijing E-town. If you go to E-town from the Beijing Daxing International Airport, autonomous cabs are at…

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Local currency settlement strengthens mutual benefit in foreign trade

By Lin Zihan Recently, a Chinese-made aircraft leased by Indonesia arrived in Jakarta. It marked China’s first cross-border leasing of a homegrown aircraft settled in offshore Chinese yuan. As China reaches agreements with more trading partners and strengthens the use of local currencies in international trade and financial transactions, cross-border transactions between China and other…

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Chinese providers of AI-driven large models reduce prices for better AI development

By Wang Junling Recently, leading Chinese companies in the large model sector, including ByteDance, Baidu, Alibaba Cloud and Zhipu AI, have announced significant reductions in the prices of their generative artificial intelligence (AI) large models and related services. Many of these companies have lowered their prices by more than 50 percent, and some products have…

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