Chinese AI chipmaker Enflame Technology won approval for a Shanghai STAR Market listing on Monday, meaning all four of China’s best known domestic GPU startups are now pursuing public market financing as they seek to challenge United States’ dominance in artificial intelligence computing. The approval marks a milestone for China’s so called “GPU four tigers”…
The West Sea Grassland and Jinhua Zihui (golden buttercups and purple primroses) scenic spot at Sayram Lake in Xinjiang’s Bortala Mongolian autonomous prefecture. [Photo provided… Read More »Where glorious nature displays its many arts
Zhang Zhi brings his bike into a subway station in Beijing in May. [Photo provided to China Daily] For Zhang Zhi, a 47-year-old freelancer in… Read More »Beijing cyclist rides at his own pace
Tourists wander among blooming flowers at the Sayram Lake scenic area in Xinjiang’s Bortala Mongolian autonomous prefecture in June. [Photo by Zhang Hongke/For China Daily]… Read More »A lake of love – Chinadaily.com.cn
TIANJIN — Danish pharmaceutical giant Novo Nordisk announced Monday that it will inject an additional 200 million yuan (around $29.4 million) into its production base in North China’s Tianjin municipality, expanding drug production and ramping up assembly and manufacturing capacity of its related injection pens. Once completed, the expansion project will further lift the production…
Hong Kong is set to launch futures contracts based on renminbi treasury bonds on Aug 3, enriching offshore hedging tools for managing exposure to RMB assets and marking a milestone in the city’s efforts to support yuan internationalization. The product, announced by Hong Kong’s Securities and Futures Commission on Thursday, will use five-year China Government…
Cyclists ride through rapeseed flower fields in Chengdong village of Wuhu, Anhui province, in March. [Photo by Xiao Benxiang/For China Daily] Across China, taking off… Read More »China’s commuters trade traffic for two-wheelers
Some researchers prepare for another release of the Yangtze sturgeon on April 12. [Photo by He Haiyang/For China Daily] In a meandering stretch of the… Read More »Sturgeon returning to the Yangtze River
While the global capital market was recently abuzz with SpaceX’s record-breaking IPO, the Chinese commercial aerospace sector will ride the tide with a clearer market valuation model and strong government support, said experts on Monday. Following the 0.88 percent average gain on Friday, when SpaceX’s price soared 19 percent on its first day on the…
A Sino-Pakistani joint venture tire manufacturer has debuted on the Pakistan Stock Exchange (PSX) in a move market participants described as the first listing by a Chinese-invested company on the country’s bourse and a milestone in the deepening integration of industrial and financial cooperation between the two nations. Service Long March Tyres Ltd — a…