New steps to increase consumption, jobs
4 years, 5 months ago

New steps to increase consumption, jobs

China Daily  

New business models and self-employment ventures will drive China's ongoing efforts to boost consumption and create more jobs, the nation's top economic regulator said on July 15. Ouyang Rihui, assistant dean of the China Center for Internet Economy Research at the Central University of Finance and Economics, said: "The measures will bolster consumption, cushion the novel coronavirus effect and drive economic recovery." Efforts are also needed to develop the industrial internet, foster new forms of business, and further release the country's consumption potential via reforms, Premier Li said in his remarks at a symposium. "Digital transformation and industrial digitalization upgrade have accelerated during the novel coronavirus epidemic," said Pan Helin, executive director of the Digital Economy Academy of the Zhongnan University of Economics and Law in Hubei.

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History of this topic

Chinese telecom operators undergoing transformation amid AI revolution
1 week, 2 days ago

Chinese telecom operators undergoing transformation amid AI revolution

China Daily  

A participant visits the exhibition booth of China Mobile at the 2024 Artificial Intelligence for Good Global Summit in Geneva, Switzerland, May 30, 2024. Chinese telecom operators are undergoing a transformation amid the AI revolution, reshaping customer service through artificial intelligence-driven innovations in public management, customer service and social service sectors, according to a report released on Wednesday by GSMA, …

Tech products, AI services drive Singles Day sales
1 month, 1 week ago

Tech products, AI services drive Singles Day sales

China Daily  

Workers sort express delivery packages at a courier logistics company in Lianyungang, Jiangsu province, on Monday. GENG YUHE/FOR CHINA DAILY Chinese consumers have shown vibrant purchasing power for premium intelligent electronic devices and home appliances featuring innovative technologies during this year's Singles Day shopping carnival, which experts said played a vital role in promoting the recovery of consumption and shoring …

Tech products, AI services drive Singles Day sales
1 month, 1 week ago

Tech products, AI services drive Singles Day sales

China Daily  

By FAN FEIFEI | CHINA DAILY | Updated: 2024-11-12 07:07 Workers sort express delivery packages at a courier logistics company in Lianyungang, Jiangsu province, on Monday. GENG YUHE/FOR CHINA DAILY Chinese consumers have shown vibrant purchasing power for premium intelligent electronic devices and home appliances featuring innovative technologies during this year's Singles Day shopping carnival, which experts said played a …

Tech products, AI services drive Singles Day sales
1 month, 1 week ago

Tech products, AI services drive Singles Day sales

China Daily  

Workers sort express delivery packages at a courier logistics company in Lianyungang, Jiangsu province, on Monday. GENG YUHE/FOR CHINA DAILY Chinese consumers have shown vibrant purchasing power for premium intelligent electronic devices and home appliances featuring innovative technologies during this year's Singles Day shopping carnival, which experts said played a vital role in promoting the recovery of consumption and shoring …

Tech products, AI services drive Singles Day sales
1 month, 1 week ago

Tech products, AI services drive Singles Day sales

China Daily  

Workers sort express delivery packages at a courier logistics company in Lianyungang, Jiangsu province, on Monday. GENG YUHE/FOR CHINA DAILY Chinese consumers have shown vibrant purchasing power for premium intelligent electronic devices and home appliances featuring innovative technologies during this year's Singles Day shopping carnival, which experts said played a vital role in promoting the recovery of consumption and shoring …

Digital Economy Sparks New Professions in China: From Smart Vehicle Testers to AI Operators
2 months, 1 week ago

Digital Economy Sparks New Professions in China: From Smart Vehicle Testers to AI Operators

China Daily  

China's digital economy is booming, leading to the creation of new professions that contribute to high-quality development in emerging sectors. The emergence of new professions represents the development direction of new technologies and new industries, requiring practitioners to have continuous learning and innovation ability.

Artificial intelligence makes e-commerce even more efficient
2 months, 4 weeks ago

Artificial intelligence makes e-commerce even more efficient

China Daily  

China Daily | Updated: 2024-09-27 10:12 A robot poses during the 2024 China International Fair for Trade in Services in Beijing on Sept 12. The digital livestreamer named Yanxi has completed over 400,000 hours of livestreaming for more than 5,000 brands, attracting at least 100 million views, said a staff member at the booth of Chinese e-commerce giant JD.com at …

Innovative consumption scenarios expand space for economic growth
4 months, 1 week ago

Innovative consumption scenarios expand space for economic growth

China Daily  

Virtual fitting rooms that use augmented reality technology to help consumers see what they will look like in the clothes they plan to buy without needing to really wear them, have become popular with consumers. Echoing this new trend, the central government has released a series of documents on digital consumption with the aim of further enriching consumption scenarios and …

Lead in digital sector — how cool is that for China!
4 months, 2 weeks ago

Lead in digital sector — how cool is that for China!

China Daily  

The milk is packaged automatically. As the economy is transitioning from a phase of rapid growth to a new phase of high-quality development, the country is shifting its focus to emerging industries, creating new business models and fostering new growth drivers in a bid to promote the development of productive forces featuring high technology, high performance and high quality. China …

Lead in digital sector — how cool is that for China!
4 months, 2 weeks ago

Lead in digital sector — how cool is that for China!

China Daily  

By Ouyang Shijia | China Daily | Updated: 2024-08-05 09:15 The milk is packaged automatically. As the economy is transitioning from a phase of rapid growth to a new phase of high-quality development, the country is shifting its focus to emerging industries, creating new business models and fostering new growth drivers in a bid to promote the development of productive …

China moves to advance high-quality development of service consumption
4 months, 3 weeks ago

China moves to advance high-quality development of service consumption

China Daily  

Skyscrapers border a lush green landscape in Shenzhen's central business district. BEIJING -- China will work to further develop consumer services to support high-quality economic development and meet people's demand for personalized, diversified and quality services, according to a guideline made public Saturday. The guideline, issued by the State Council, set out 20 key tasks, including tapping the potential of …

Consumption growth points stimulated and nurtured
5 months, 4 weeks ago

Consumption growth points stimulated and nurtured

China Daily  

A booth promotes Huawei's HarmonyOS during an expo in Shanghai. CHEN YUYU/FOR CHINA DAILY A circular, jointly issued by some central departments on Monday, stated that China is moving to foster new consumption scenarios in multiple sectors, including tourism, automobiles and electronics, aiming to boost consumer demand and promote the steady growth of consumption. The circular also detailed measures on …

Consumption's big role in focus
5 months, 4 weeks ago

Consumption's big role in focus

China Daily  

Zhu Min, former deputy managing director of the International Monetary Fund, at the Reinvigorating Consumption forum on Tuesday. ZOU HONG/CHINA DAILY Despite the pressure of lackluster domestic demand, China still has the capability and conditions to further tap consumption potential to sustain high-quality growth, experts and entrepreneurs said at the 15th Annual Meeting of the New Champions, also known as …

Consumption growth points stimulated and nurtured
5 months, 4 weeks ago

Consumption growth points stimulated and nurtured

China Daily  

A booth promotes Huawei's HarmonyOS during an expo in Shanghai. CHEN YUYU/FOR CHINA DAILY A circular, jointly issued by some central departments on Monday, stated that China is moving to foster new consumption scenarios in multiple sectors, including tourism, automobiles and electronics, aiming to boost consumer demand and promote the steady growth of consumption. The circular also detailed measures on …

China to create new consumption scenarios to tap consumer demand
6 months ago

China to create new consumption scenarios to tap consumer demand

China Daily  

An employee arranges orders placed during this year's June 18 shopping carnival at a food company in Jinhua, Zhejiang province, on June 15. YANG MEIQING/FOR CHINA DAILY BEIJING -- China is moving to foster new consumption scenarios in multiple sectors, including tourism, automobiles and electronics, aiming to boost consumer demand and promote the steady growth of consumption. According to the …

China embraces AI boom, diverse application scenarios
7 months, 3 weeks ago

China embraces AI boom, diverse application scenarios

China Daily  

This photo shows a view outside the Zhongguancun International Innovation Center, new venue for Zhongguancun Forum, in Beijing, capital of China, April 24, 2024. "Unlike the conventional AI, she can understand your words, interpret your intentions and proactively offer assistance," said Zhu, adding that Tong Tong is expected to be applied in various scenarios and empower industries covering six fields, …

Digital economy leaves imprint despite turbulence
9 months ago

Digital economy leaves imprint despite turbulence

China Daily  

A worker checks on seedlings at a digitalized plantation base in Chongqing on March 14. China, the experts said, offers a glimpse by placing the development of a digital economy at the top of the agenda and launching various measures to bridge the digital divide. In December, the National Development and Reform Commission and the National Data Administration jointly launched …

Digital trade new engine for joint growth
1 year, 1 month ago

Digital trade new engine for joint growth

China Daily  

By Xu Wei in Beijing and Fan Feifei in Hangzhou | China Daily | Updated: 2023-11-24 06:59 Visitors inspect an industrial robot at the Global Digital Trade Expo, which opened in Hangzhou, Zhejiang province, on Thursday. LIN YUNLONG/FOR CHINA DAILY President hails Hangzhou expo, says China providing opportunities for world President Xi Jinping has encouraged various parties to make full …

China Announce New Measures to Boost Consumption Amid Economic Slowdown
1 year, 4 months ago

China Announce New Measures to Boost Consumption Amid Economic Slowdown

News 18  

Chinese authorities announced new measures to boost consumption on Monday, as fresh economic data suggested that the country’s post-Covid recovery is running out of steam and growth is slowing. Official figures released Monday showed factory activity contracting for the fourth straight month in July, adding to a run of dismal economic data that has ramped up calls for government support …

Customers buy into high-tech consumption
1 year, 5 months ago

Customers buy into high-tech consumption

China Daily  

Industrial internet is helping manufacturers, retailers provide tailor-made products XING WEI/FOR CHINA DAILY Zhang Jing, 33, a middle school teacher from Taiyuan, the capital of Shanxi province, recently sent a customized air conditioner as a birthday gift to her calligraphy-loving father as a scorching heat wave hit many parts of North China. Industry experts said the days when consumers are …

Customers buy into high-tech consumption
1 year, 5 months ago

Customers buy into high-tech consumption

China Daily  

Industrial internet is helping manufacturers, retailers provide tailor-made products XING WEI/FOR CHINA DAILY Zhang Jing, 33, a middle school teacher from Taiyuan, the capital of Shanxi province, recently sent a customized air conditioner as a birthday gift to her calligraphy-loving father as a scorching heat wave hit many parts of North China. Industry experts said the days when consumers are …

China's digital economy lead set to drive world growth
1 year, 5 months ago

China's digital economy lead set to drive world growth

China Daily  

A visitor experiences Gongti Metaverse livestreaming during the Global Digital Economy Conference 2023 in Beijing on July 5. DU JIANPO/FOR CHINA DAILY Emerging tech, industrial transition to boost modernization, competitive edge Emerging technologies such as the internet of things and the booming digital economy, where China is leading, will create new growth drivers for the world amid a challenging global …

Manufacturers embrace the digital economy
2 years, 7 months ago

Manufacturers embrace the digital economy

China Daily  

A visitor tries her hand on a driving simulator using digital technologies at the recent 2021 CIFTIS in Beijing. Effective measure Liu Qingfeng, chairman of iFlytek, a front-runner in the intelligent speech and AI industry, said new infrastructure projects such as 5G networks and data centers are crucial for developing the digital economy. "Digital transformation will also bring new opportunities …

Manufacturers embrace the digital economy
2 years, 7 months ago

Manufacturers embrace the digital economy

China Daily  

A worker displays smart monitoring equipment at the expo on June 24. Haier's digitalization drive offers a glimpse of how Chinese manufacturers, especially those in traditional industries, are embracing the digital economy, which is mainly represented by emerging information technologies and has become a key engine driving economic growth. Experts said the nation's greater emphasis on the sound development of …

Digital economy soars in Qingdao
2 years, 9 months ago

Digital economy soars in Qingdao

China Daily  

According to local media, the coastal city of Qingdao in Shandong province has been driving the development of the digital economy since the 12th CPC Qingdao Municipal Congress to explore new growth drivers and development paths by researching new technologies, new business forms, and new models. The digital economy development in Qingdao has taken the lead in Shandong province. According …

Digital economy key to new growth drivers, says Inspur Cloud CEO
3 years, 5 months ago

Digital economy key to new growth drivers, says Inspur Cloud CEO

China Daily  

The key to transforming old growth drivers into new ones is promoting the upgrading of traditional industries and fostering emerging ones. The digital economy will be the major focus, said Xiao Xue, chairman and CEO of Inspur Cloud, during an interview at the Qingdao Multinationals Summit. Inspur has made significant progress promoting the shift from old growth drivers to new …

Shandong promotes industrial internet upgrading
3 years, 5 months ago

Shandong promotes industrial internet upgrading

China Daily  

Shandong province in East China has been promoting the upgrading of industrial internet platforms and the boosting of collaboration with national-level platforms to further its digital transformation, local media reported. An intelligent factory of Haier Group is powered by COSMOPlat The industrial internet refers to a network of combined, advanced machines with internet-connected sensors that collect and analyze data from …

Next economic model to be a completely different animal as high-tech reigns
3 years, 7 months ago

Next economic model to be a completely different animal as high-tech reigns

China Daily  

China is on the cusp of entering a new technological era as it witnesses new growth opportunities from new consumption forms and new business models across industries, a renowned expert on the Chinese technology sector said during the latest Vision China forum on Thursday. In recent years, the Chinese government has been ramping up efforts to support high-quality and innovation-driven …

Digital tech spurs real economy
3 years, 8 months ago

Digital tech spurs real economy

China Daily  

Cameras are used to monitor the growth of tea plants at a 5G-enabled smart tea farm in Fu'an city, East China's Fujian province, on Dec 31. Sustained efforts help firms take the high-quality development path FUZHOU－In addition to using cash and digital payment platforms such as Alipay and WeChat Pay, participants at the fourth Digital China Summit have another payment …

New measures announced to spur domestic consumption
3 years, 8 months ago

New measures announced to spur domestic consumption

China Daily  

Customers visit Global Premium Duty Free Plaza in Haikou, South China's Hainan province, on Jan 31, 2021. China on Thursday announced targeted measures to spur new types of consumption, including accelerating new infrastructure construction and pilot programs for digital currency rollout, as part of the government's ongoing efforts to boost domestic demand and foster high-quality growth. The country outlined 24 …

New forms of consumption to boost nation's economy
3 years, 11 months ago

New forms of consumption to boost nation's economy

China Daily  

File photo shows a visitor has her blood pressure measured by a smart sphygmomanometer during an "Internet plus healthcare" exhibition of the ongoing fourth China-Arab States Expo in Yinchuan, Northwest China's Ningxia Hui autonomous region. Measures to harness innovation will give steam to driving forces of growth New forms of consumption will inject strong impetus into forming the "dual-circulation" development …

China mulls new measures to promote service consumption
4 years, 1 month ago

China mulls new measures to promote service consumption

China Daily  

China will work on new measures to promote service consumption, further unleashing consumption potential in the service sector, according to the National Development and Reform Commission on Nov 17. Speeding up the high-quality development of new consumption will better support the country's latest development pattern that features the domestic market as the mainstay with domestic and international markets reinforcing each …

China to boost new consumption based on new business forms
4 years, 3 months ago

China to boost new consumption based on new business forms

China Daily  

The General Office of the State Council has issued a guideline on accelerating the development of new consumption based on new forms of business. More should be done to implement the strategy of expanding domestic demand, further expanding the size and improving the quality of new consumption based on new business forms, and promoting the formation of a new development …

China improves business environment to spur economy
4 years, 4 months ago

China improves business environment to spur economy

China Daily  

The world's second-largest economy is unswervingly improving its business environment, nurturing fertile ground for the growth of various companies and injecting vitality into the domestic and global economy. "China continues to create an open, fair, just and non-discriminatory business environment, offering more opportunities to the world, thus helping stabilize the unsettled global economy amid the COVID-19 pandemic. "We were happy …

Smart tech to power economic growth
4 years, 6 months ago

Smart tech to power economic growth

China Daily  

Ren Yuxin, chief operating officer of Tencent Holdings Ltd, addresses the Fourth World Intelligence Congress on Tuesday in Tianjin. AI, manufacturing advances to boost innovation efforts of small enterprises Smart technology is not only integral to the prevention and control of the novel coronavirus epidemic but also the driving force of high-quality development and economic growth in China, participants at …

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