Business--China Economic Net

Despite operating in different industry sectors, several multinational corporations - such as Germany's Siemens AG, Tapestry Inc of the United States and Japan's Takeda Pharmaceutical Co - share a common goal of stepping up investment in China's high-tech and supply chain sectors to stay competitive.

China's logistics sector sees improved performance in March2025-04-04
China's logistics sector showed a notable improvement in business activities last month, according to the China Federation of Logistics and Purchasing on Thursday.

One-year high PMI indicates strong momentum of Chinese economy2025-04-03
The purchasing managers' index (PMI) of China's manufacturing sector registered a one-year high in March, signaling the resilience and upward momentum of the world's second-largest economy despite global headwinds.

China's innovation drive reshaping global industry, says Schneider Electric executive2025-04-03
China's rapid advances in intelligent manufacturing, industrial AI, and green transformation are not only accelerating its own development but also reshaping global supply chains and industrial ecosystems.

China enhances social credit system to boost high-quality development2025-04-03
China has expedited efforts to improve its social credit system and build a creditworthy society as part of the country's broader push to advance a market-oriented economy.

Capital flows from listed banks demonstrate China's economic dynamism2025-04-03
The recently released 2024 annual reports of China's listed banks highlight the diverse dynamics of China's economic development, as banks, serving as the primary channels for corporate and household financing, in their capital underscore the economy's growth momentum.

Chinese yuan weakens to 7.1793 against USD Wednesday2025-04-02
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 18 pips to 7.1793 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

China's rapid AI growth sparks hiring boom as demand outpaces supply2025-04-01
As China's job market grows increasingly competitive, college graduates are discovering that mastering artificial intelligence (AI) skills could be their key to success.

China's tech giant Huawei reports rise in sales revenue in 20242025-04-01
Chinese tech giant Huawei generated 862.1 billion yuan (about 120.1 billion U.S. dollars) in sales revenue in 2024, up from 704.2 billion yuan the previous year, according to its 2024 annual report released on Monday.

China's manufacturing sector picks up pace in March2025-03-31
China's manufacturing sector continued to expand this month as business production accelerated amid sustained economic recovery, official data showed Monday.

China discovers major oilfield in South China Sea2025-03-31
The China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered a major oilfield in the eastern South China Sea, with proven reserves exceeding 100 million tonnes.

Foreign auto brands seize growth opportunities in China2025-03-31
An increasing number of foreign-funded enterprises are seizing development opportunities in China's new energy vehicle (NEV) sector by boosting investment, expanding their market presence, and advancing projects, research and cooperation.

AI ignites new momentum in China's sci-fi industry2025-03-31
Taking an intelligent low-altitude aircraft home or walking effortlessly with ultra-thin exoskeleton suit, these futuristic scenarios came to life in an AI-generated short film at the opening ceremony of the China Science Fiction Convention 2025 in Beijing.

Artificial intelligence fuels China's high-quality growth2025-03-31
The rapid development of artificial intelligence (AI) technology, an innovation pillar empowering China's smart manufacturing, green transition and even breakthroughs in space sciences, is proving to be a key driver of the nation's high-quality growth, noted international industry experts at a key forum.

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Plans unveiled at China's top AI conference to propel embodied AI

In an effort to turbocharge the burgeoning sector of embodied artificial intelligence (AI), a series of research reports and plans were unveiled at the Second China Embodied AI Conference (CEAI 2025) in Beijing.