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 […]

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 […]

China has been the most firmly and actively committed to promoting peace talks on the Ukraine issue

By He Yin, People’s Daily The Ukraine crisis has shown no sign of stopping and generated more spillovers. The conflict could further escalate. The pressing priority is to cool down the situation and accumulate conditions for ceasefire. China did not create the Ukraine crisis, nor is it a party to the crisis. It has been […]

Small county in E China develops billion-yuan bakery industry

By Yang Yanfei, People’s Daily A small county inhabited by 100,000 people in east China just created this unbelievable miracle – nurturing over 40,000 bakers in the past 30 years and opening 16,000 bakeries across the country. It boasts a bakery industry whose annual output nears 30 billion yuan ($4.14 billion), and has incubated a […]

China’s megacity Shenzhen enjoys fruits of ecological conservation

By Lyu Shaogang, People’s Daily Nestled amidst towering skyscrapers and bustling streets, the Guangdong Neilingding-Futian National Nature Reserve, located in Shenzhen, south China’s Guangdong province, is the only one of its kind located in the heart of a city, offering a tranquil view adorned with lush mangrove trees and graceful birds in flight. Shenzhen, a […]

China provides new opportunities for world with new development

By Luo Shanshan, People’s Daily At GE Healthcare’s Beijing Imaging Equipment Manufacturing Base in Beijing Economic-Technological Development Area, five batches of raw materials for producing a new type of diagnostic equipment have just arrived and been put into use. “These raw materials are essential components for our new equipment,” said an employee from Beijing GE […]

Villages in Xinjiang’s Kashgar enjoy free shipping services thanks to improved logistics network

By Zhu Hong, Weng Yufei, Ardak, People’s Daily During a break from farm work, Seytnisa Mamat pulled out her phone to track the shipping status of the items she bought online. “The detergents I bought have arrived. Let me go and get them,” the woman said, hurrying towards a courier service station in her village. […]

“Overcapacity” narrative contradicts economic common sense

By Jin Ruiting Recently, some American politicians have been continuously hyping up the false narrative of “overcapacity” in China’s new energy industry. They wrongly claimed that China has excessive production capacities in new energy vehicles (NEVs), lithium-ion batteries and photovoltaic products, asserting that the so-called “overcapacity” has posed negative impacts on global markets. Such claim […]

Global Civilization Initiative conforms to trend, meets demand of times

By He Yin, People’s Daily The 78th session of the UN General Assembly (UNGA) unanimously adopted a resolution proposed by China to establish the International Day for Dialogue among Civilizations. According to the resolution, June 10 was designated as the International Day for Dialogue among Civilizations. The resolution advocates respecting the diversity of civilizations and […]

China, Central Asia see remarkable achievements in green cooperation

By Li Jiabao, People’s Daily Recently, a cargo train carrying 50 twenty-foot equivalent units of photovoltaic (PV) modules departed from Wuhan, central China’s Hubei province for Tashkent, capital of Uzbekistan. As the first PV products-dedicated freight train between Wuhan and Central Asia, it will further promote China-Central Asia green cooperation. Green has become the defining […]