Jiangsu

New Business

China’s ‘world’s factory’ eyes industry modernisation with economic crown on the line

Guangdong will further strengthen its manufacturing and industrial base and make it more “modern” to maintain its decades-long status as…

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New Business

China’s Xi Jinping makes tech and private sector appeal on ‘two sessions’ sidelines

Chinese President Xi Jinping has called for better integration of technology and industry, stressing the need to upgrade traditional sectors…

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New Business

China discovers 2 major shale oilfields in boost for energy security

China has discovered two major shale oilfields boasting combined reserves of 180 million tonnes, in another boost to the country’s…

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New Business

DeepSeek drives AI adoption by local Chinese governments from Shenzhen to Kunshan

A growing number of local governments in China are rushing to adopt DeepSeek’s artificial intelligence (AI) models to enhance administration…

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New Business

Why China’s super-rich are spending billions to set up universities

Even for China’s richest man, it was a bold investment. Last month, beverage magnate Zhong Shanshan raised eyebrows when he…

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New Business

How China’s government is supercharging the rise of humanoid robots

This is the final story in a three-part series examining the future of China’s humanoid robots; competition between the US…

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New Business

Going big on 2025 GDP, major Chinese local-level economies unveil ambitious targets

Some of China’s economically critical provinces and cities have unveiled ambitious gross domestic product goals for this year, signalling that…

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New Business

Shanghai lived-in home sales hit 4-year high as incentives kick in

Lived-in home transactions in Shanghai hit a four-year high last month after mainland China’s commercial and financial hub relaxed purchase…

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New Business

E-commerce giants jump on China’s latest trade-in programme amid heated competition

China’s major e-commerce companies, from JD.com to Alibaba Group Holding, are rushing to take advantage of Beijing’s latest subsidies aimed…

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New Business

China expands consumer subsidies, but can it ‘save the day’ for economic growth in 2024?

China’s second-largest provincial economy and its biggest city have expanded consumer subsidy schemes to boost household spending despite the risk…

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