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Electricity may shift balance of power in AI race

China is aggressively scaling up its power generation capacity, an expansion that is increasingly serving as vital support for its pursuit of global artificial intelligence leadership as Beijing transforms a widening "electron gap" into a strategic counterweight to Washington's export controls on advanced chips.

2026-03-05

China's Xinjiang nears full e-commerce coverage in rural areas

E-commerce is now accessible to nearly all rural areas in northwest China's Xinjiang Uygur Autonomous Region, supported by a fully covered network of county-level commercial service centers and logistics distribution hubs, as well as township-level logistics stations.

2026-01-07

Economic Watch: Easier entry, simplified tax refunds draw foreign tourists to shop in China

Park Eun Jeong, a 46-year-old visitor from the Republic of Korea (ROK), wrapped up her recent trip to China by securing tax refunds for two purchases at an airport in Shanghai -- a peony-and-butterfly shawl and a hand-embroidered silk scarf -- in less than 15 minutes.

2026-01-06

China to enhance digital yuan management with deposit features starting 2026

As of the end of November 2025, China had recorded 3.48 billion cumulative digital yuan transactions worth 16.7 trillion yuan(approximately 2.37 trillion U.S.dollars). .

2025-12-31

China reports over 1 million new firms in emerging, future industries in Jan.-Nov.

China has seen sustained momentum in emerging and future industries this year, with about 1.01 million companies established in these sectors from January to November, which was up 9 percent year on year.

2025-12-29

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