1. (China Daily) The Ministry of Industry and Information Technology, China's top industry regulator, said it is drafting plans to deepen the implementation of its "AI plus manufacturing" initiative, as the world's largest manufacturing powerhouse aims to fully leverage artificial intelligence to upgrade its sprawling industrial economy.  

    The plan was unveiled in a signed article by MIIT Minister Li Lecheng in the Dangjian magazine published on Monday, which outlined China's strategic direction for technological development and industrial transformation.  

    Li said China will establish a comprehensive policy framework to support the application of AI, including the forthcoming issuance of implementation guidelines for the "AI + Manufacturing" plan. These policies will specifically address the intelligent transformation requirements for key industries, critical production processes, and strategic sectors, supplemented by an AI application guide tailored for manufacturing enterprises.

    The minister highlighted China's current strong position in the global AI landscape, noting that the country's AI industry has demonstrated vigorous developmental momentum.  

    According to data from the China Academy of Information and Communications Technology, China's core AI industry scale is projected to have exceeded 900 billion yuan ($126 billion) in 2024. Supported by more than 5,000 AI enterprises and over 400 national-level AI "little giant" companies, specialized and innovative small and medium enterprises were recognized for their technological sophistication.  

    Looking forward, Li proposed a six-point strategic approach to advance AI-powered industrialization. This comprehensive framework encompasses accelerating breakthroughs in core technologies, deepening the integration of AI in manufacturing, cultivating competitive AI enterprises, optimizing the industrial development environment, strengthening security governance safeguards, and expanding international cooperation channels.  

    The integration of AI large language models with advanced manufacturing equipment, including smart connected new-energy vehicles and machine tools, represents another key focus area. Additionally, the ministry will accelerate the development of AI agents across their entire life cycle — from design and development to testing and deployment — while exploring the potential of multi-agent collaborative ecosystems.

    Source: By Ma Si | chinadaily.com.cn | Updated: 2025-11-04 13:21

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  2. (China Daily) In less than two months, China has fully allocated a new 500-billion-yuan ($70.3 billion) policy-based financial instrument to propel mainly tech-driven projects and urban renewal programs, which analysts see as a strategic shift from traditional infrastructure spending toward a new paradigm focusing on innovation and emerging industries to foster new drivers of growth.  

    Li Chao, spokeswoman for the National Development and Reform Commission, China's top economic regulator, said recently that the NDRC has supported more than 2,300 projects with a total investment of about 7 trillion yuan through the instrument, in coordination with the Ministry of Finance, the People's Bank of China and other departments to accelerate fund deployment.  

    "The funds mainly target the digital economy, artificial intelligence and consumer-related infrastructure, as well as urban renewal projects in areas such as transportation, energy and underground utility network upgrades," Li said.

    Lou Feipeng, a researcher at the Postal Savings Bank of China, said earlier rounds of policy-based financial instruments were largely designed to fix infrastructure gaps, focusing on traditional projects such as railways, highways and water conservancy.  

    "The latest round, however, takes a more strategic and forward-looking approach, directing funds toward innovation-driven areas like the digital economy and AI," Lou said. "It reflects China's stronger push to cultivate new quality productive forces as a key driver of future growth."  

    Data from policy banks show that the Export-Import Bank of China's portion of the policy-based financial instrument has supported over 150 projects in the digital economy and AI sectors, with loans to these areas accounting for more than 40 percent of its total. China Development Bank has financed 128 projects with private-sector participation totaling 68.59 billion yuan, or 27.4 percent of its portfolio.

    Lou said the rising participation of private capital reflects a transition from government-led investment to stronger public-private collaboration, encouraging private capital to flow into high-tech and high-value-added sectors.  

    Moreover, the NDRC said at the news conference that China has arranged 500 billion yuan within the local government debt ceiling, including 200 billion yuan in new special bond quotas, to enhance local governments' fiscal capacity and expand effective investment.  

    "The two funding tools form a 'twin-engine' mechanism for driving investment," Lou said. "The policy-based financial instrument mainly helps fill capital gaps and accelerate project initiation, while the special bonds provide long-term, low-cost financing for project implementation, together creating a complete funding chain that combines equity and bond financing."  

    The new measures come amid soft demand conditions, as China's manufacturing purchasing managers' index came in at 49.0 in October, down 0.8 percentage point from the previous month, said the National Bureau of Statistics.

    Source: China Daily | Updated: 2025-11-04 09:10

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  3. (China Daily) The next two or three years will be key in bolstering the application of artificial intelligence technology in terminal devices, which will drive upgrades and represent a significant opportunity for both vendors and application developers, experts said.  

    By automating routine tasks and unlocking new efficiencies, AI will have profound economic consequences by reshaping industries, creating new markets and altering the competitive landscape, they added.  

    Chinese tech company ZTE is doubling down on its investment in AI and accelerating the deep integration of AI with information communication technology under its "All in AI" strategy, to bolster the wide application of the cutting-edge technology across various industries and people's daily lives.

    In 2024, the shipments of its terminal products for home use surpassed 100 million units, maintaining the top position in the global market for four consecutive years. Looking ahead, it will continue to expand AI terminal portfolio, integrating AI more deeply into family life scenarios.  

    At a recent event, the company showcased a variety of AI-powered products that bring about security, convenience, and emotional connection to people's family lives, highlighting the role of AI in providing protection and companion for families.  

    For instance, AI smart display can monitor seniors' blood pressure and detect potential gas leaks, while AI smartphones accurately block scam calls and verify video authenticity.

    Source: By Fan Feifei | chinadaily.com.cn | Updated: 2025-10-31 21:38

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  4. Seres Group Co, maker of China’s best-selling luxury vehicle, fell on its Hong Kong Special Administrative Region trading debut after raising HK$14.3 billion ($1.8 billion) during its public offering and adding to the city’s banner year for new listings.  

    The electric vehicle partner of Huawei Technologies Co declined 2 percent to HK$128.90 a share on Wednesday amid a down day globally for stocks. During the listing, the stock was priced at the high end of the marketed range. But at HK$131.50 each, it’s a 22 percent discount to Seres’ last close in Shanghai.  

    Though Seres, which has been listed in Shanghai since 2016, has underperformed the local benchmark this year , the stock has surged almost 1,600 percent in the past five years.

    “Seres has achieved success through its Aito brand in partnership with Huawei,” said Eugene Hsiao, head of China equity strategy at Macquarie Capital Ltd. “Investors looking for a premium auto proxy may be interested in the shares.”  Founded in 1986 as a producer of springs and shock absorbers, the company gradually climbed its way up the value chain, expanding into motorcycles, minivans and now, electric vehicles.  

    Source: China Daily by Bloomberg  Published: 20:43, November 4, 2025

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  5. (Xinhua) The return of China's Shenzhou-20 crewed spaceship, originally scheduled for Wednesday, will be postponed due to a suspected impact from tiny space debris, the China Manned Space Agency (CMSA) announced.  

    The impact analysis and risk assessment are under way, the CMSA said.  

    The decision to delay the return aims to ensure the astronauts' safety and mission success, the agency said.

    Source: Xinhua  2025-11-05 09:59:45

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  6. (China Daily) China has urged the Netherlands to act responsibly in resolving the issue concerning Nexperia, a Chinese-owned semiconductor company based in the Netherlands, emphasizing the importance of preserving both bilateral and China-EU economic ties, as well as ensuring the stability and security of global industrial and supply chains, according to China's Ministry of Commerce.  

    A ministry spokesperson said that Chinese authorities have repeatedly responded to the Netherlands' government's actions. These include an executive order on September 30 that interfered with Nexperia's internal operations and a subsequent court ruling that stripped the Chinese company of its equity.  

    The commerce official said these moves have "severely infringed upon Chinese companies' legitimate rights and interests."

    Despite repeated appeals from China during consultations, the Netherlands' side has failed to demonstrate a constructive approach, further aggravating disruptions in the global semiconductor supply chain, according to the Ministry of Commerce.  

    The situation escalated on October 26 when Nexperia's Netherlands' unit announced it would halt wafer supplies to its operations in China, forcing a production stoppage. Beijing holds the Netherlands "fully responsible for these consequences."  

    In response, China announced on November 1 that it would grant export exemptions for certain items in a bid to stabilize the supply chain and help Nexperia's China operations resume production.

    However, the Netherlands' side has yet to take "substantive actions" to resolve the issue. This inaction risks further negative impacts on the global semiconductor industry, an outcome that neither China nor the international community wants to see, the spokesperson said.  

    China remains committed to safeguarding its businesses' legitimate rights and interests and will continue to maintain the stability and smooth operation of the global semiconductor supply chain, the spokesperson added.

    Source: By Zhong Nan | chinadaily.com.cn | Updated: 2025-11-04 16:07

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  7. (China Daily) China's Geely and French carmaker Renault Group have signed definitive agreements expanding their strategic partnership to Brazil, marking a new phase in the two automakers' global cooperation on electrification and emerging markets. 

     Under the deal, Geely will acquire a 26.4 percent stake in Renault's Brazilian subsidiary, while Renault retains majority ownership and will continue to consolidate the business in its accounts.  

    The move gives Geely access to Renault's industrial and commercial infrastructure in Brazil, allowing it to accelerate growth in Latin America's largest automotive market.

    Production of Geely-branded vehicles will begin at Renault's Ayrton Senna plant in the country, where the facility will build models for both Renault and Geely.  

    The Geely EX5 electric SUV is already available in Brazil through a network of dedicated dealerships operated by Renault.  

    Renault will also distribute Geely's range of zero- and low-emission vehicles locally, broadening its offering and creating new business opportunities in sales, financing and after sales services.

    The collaboration will see Renault leverage Geely's GEA new energy architecture to expand its Brazilian product line-up with hybrid and fully electric models.  

    The companies said the arrangement will increase production efficiency and competitiveness at Renault's Brazilian operations.  

    François Provost, CEO of Renault Group, called the partnership "a decisive step forward" in Renault's international strategy.

    "It establishes an agile cooperation founded on industrial excellence and technological leadership," he said.  

    "Once again, combining our strengths will make us more competitive, more innovative, and more responsive in a fast-evolving automotive market."  

    Li Shufu, chairman of Geely Holding Group, said the deal highlights "a win-win scenario" for both partners.

    "Our continued cooperation with Renault in exploring new markets and new opportunities will make for a win-win scenario as both Renault and Geely are able to leverage technology scales on a global level to bring the best products to market," he said.  

    The tie-up strengthens both automakers' presence in a key market that accounted for more than 40 percent of vehicle registrations in Latin America in the first half of 2025.  

    Renault and Geely have previously established several global ventures, including a joint investment in Renault Korea and the creation of Horse Powertrain, their dedicated internal-combustion powertrain company.

    Source: chinadaily.com.cn | Updated: 2025-11-04 14:13

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  8. (Xinhua) The share of Chinese brands reached 82.1 percent of all electric car sales in Israel in the first ten months of 2025, according to figures issued by the Israel Vehicle Importers Association on Sunday.  

    The data showed that between January and October, 43,177 electric cars manufactured by Chinese automakers were sold in Israel, out of a total of 52,612 during the period.  

    At the top of the list is China's BYD Auto, which offers the Atto 3, Dolphin, Seal, and Sealion electric models in Israel, and has sold 7,825 units since the beginning of the year.

    Next on the list is China's Chery, which has sold 6,349 electric cars in Israel, including the FX and Jaecoo models.  

    Another Chinese carmaker, Xpeng Motors, ranked third, selling 5,711 electric cars in Israel over ten months, including the G6, G9, and P7 models.  

    In the overall car sales list, which includes gasoline-powered and hybrid vehicles, China topped the period with 88,757 cars sold, followed by South Korea with 46,928 and Japan with 36,662.

    Source: Xinhua | Updated: 2025-11-03 09:14

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  9. (China Daily) Chinese automobile companies are showcasing new energy vehicle models and latest technologies at the ongoing Japan Mobility Show, aiming to enter what has long been considered a "relatively closed "automotive market.  

    The show, which began in Tokyo on Thursday, saw participation from 500 companies with most being domestic. Chinese NEV giant BYD has garnered attention by unveiling the Racco, a pure electric K-Car model specifically designed for the Japanese market.  

    The model, set for launch in the summer of 2026, falls under Japan's unique K-Car category. These are compact vehicles with a maximum length of 3.4 meters and engine displacement not exceeding 0.66 liters.

    Such vehicles also enjoy tax reductions, insurance discounts, and are exempt from parking space proof requirements, accounting for 35-40 percent of Japan's auto market.  

    The BYD Racco is equipped with a 20-kilowatt-hour lithium battery pack and can achieve a range of 180 kilometers under Worldwide Harmonized Light Vehicles Test Cycle conditions.  

    BYD also introduced the Sealion 06 DM-i, its first plug-in hybrid model in Japan at the auto show.

    Since entering the Japanese passenger vehicle market in 2022, BYD has launched models including Atto 3, and Sealion 07 EV. By June, it had sold 5,300 cars in the country.  

    In October, the automaker and Japanese retail group Aeon reached an agreement to sell BYD NEVs in 30 commercial facilities across Japan.  

    Geely's Zeekr brand introduced the 009 MPV at the auto show through its distributor, Folofly. The company plans to start accepting orders in Japan this year and will begin deliveries in 2026.

    Chinese autonomous driving supplier QCraft made its debut in Japan at the event, with plans to introduce its Level 4 product, the driverless Robobus, along with a full-stack autonomous driving solution for the Japanese market.  

    Yale Zhang, managing director of consultancy Automotive Foresight, said the Japanese auto market is difficult for foreign manufacturers to enter.  

    In the internal combustion engine era, mainstream brands from Europe and the US struggled against Japanese automakers like Toyota, Nissan, and Honda. But in the EV era, Chinese automakers have taken the lead, so companies like BYD may stand a chance.

    He pointed out that Japanese automakers have been relatively slow in the electric transition as they performed exceptionally well in the ICE era with high profits, making them reluctant to shift, which presents opportunities for Chinese NEV makers.  

    Data from BloombergNEF also show that EV sales in Japan are projected to account for only 3.4 percent of total new car sales by 2025.  

    However, the Japanese market is relatively closed with customers preferring domestic brands. "It remains to be seen whether the market will accept foreign products," Zhang added.  

    In contrast to the limited presence of overseas automakers, Japanese automakers have a dominant position at the show.

    Toyota is showcasing several new models, including the all-new Corolla concept car, the Land Cruiser FJ off-roader, the Kayoibako city car concept, and a two-wheel mobility device designed for individuals with disabilities named Boost Me.  

    Its luxury Lexus brand is displaying three LS series concept cars, along with other new models.  

    Honda introduced several new models at the event, including the Honda 0 Series Saloon prototype and the entry-level 0 SUV. The 0 Series is set for global release in 2027, targeting Japan and India. The Super-ONE compact EV prototype is nearing production, with a Japan launch expected in 2026.

    At Honda's booth, there are also a variety of forward-looking mobility products, including a reusable rocket that had its first test flight this year and the BF350 large outboard motor.  

    Nissan has introduced several new models, including the new Elgrand MPV, the new Leaf electric crossover SUV, and the Ariya electric SUV.  

    Japan's cumulative vehicle sales from January to September reached 3.65 million units, a 5 percent increase year-over-year.

    Source: By Cao Yingying | China Daily | Updated: 2025-11-03 09:18

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  10. (Xinhua) China's electric vehicle (EV) charging infrastructure continued its rapid expansion in the first three quarters of this year, with the total number of facilities in the country surging 54.5 percent year on year to 18.06 million units by the end of September, according to official data released on Friday.  

    This growing network has effectively met the charging demand of some 40 million new energy vehicles across the country, Tan Hongjiang, an official of the National Energy Administration (NEA), told a press conference.  

    The combined rated power of public EV charging facilities was approximately 200 million kilowatts at the end of September, which was an increase of 59.2 percent from the start of the year, Tan said.

    He noted that the sector has also achieved breakthroughs in new technologies and business models, including the rollout of high-power charging networks and smart charging systems.  

    Earlier this month, China unveiled a three-year action plan to improve the country's EV charging infrastructure, aiming to establish a nationwide network of 28 million charging facilities by the end of 2027.  

    The plan encourages greater private participation in the charging sector, aligning with the current market landscape in which eight of China's top 10 charging service providers are private enterprises. The NEA data shows that as of the end of last month, these eight private firms collectively represented a 70.7 percent share of the public charging market.

    Source: Xinhua  2025-10-31 22:31:00

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