State Grid Zhejiang Electric Power Co Ltd recently launched a prediction center leveraging artificial intelligence to precisely forecast electricity use. The move came as an increasing amount of intermittent renewable power is being connected to the grid. As renewables such as coals are hard to manage, the former’s connection to the grid would cause instability…
Hisense’s TV products have integrated DeepSeek’s large language models. [Photo provided to chinadaily.com.cn] Chinese home appliance maker Hisense Group said it will continue to increase investments in research and development, bolster technological innovation and boost its brand awareness via sponsorship of major world-class sporting events. The company has become the first official partner of the…
BEIJING — China’s local state-owned enterprises (SOEs) maintained steady operations in 2024, marked by an increase in fixed-asset investment and profits, official data shows. The fixed-asset investment of local SOEs totaled 7 trillion yuan ($976.22 billion) last year, an increase of 4.2 percent year-on-year, according to the State-owned Assets Supervision and Administration Commission of the…
More than 2.5 trillion soy beans are being selected annually via an artificial intelligence bean face recognition system in the workshops of Haitian Flavouring and Food Co Ltd in Foshan, Guangdong province. The AI bean face recognition technology ensures that only good quality soy beans are used to produce soy sauce, further ensuring the quality…
Furniture and home accessories producer IKEA’s supply chain operations launches its first batch of smart-driving electric trucks in China. [Photo provided to chinadaily.com.cn] Furniture and home accessories producer IKEA’s supply chain operations recently launched its first batch of smart-driving electric trucks in China, a major step to enhance logistics efficiency and reduce carbon emissions. These trucks…
A view of Alibaba’s booth during an expo in Guangzhou, Guangdong province. [Photo/Xinhua] Chinese tech giant Alibaba Group Holding Ltd reported on Thursday night that its revenue stood at 280.15 billion yuan ($38.4 billion) during the October-December period, an increase of 8 percent year-on-year, while its net income reached 46.43 billion yuan, surging 333 percent…
Chinese tech heavyweight Lenovo Group Ltd announced on Thursday that its revenue in the quarter ended December grew 20 percent year-on-year to $18.8 billion, marking the third consecutive quarter of double-digit growth as its investment in artificial intelligence drives businesses forward. Net income more than doubled year-on-year to $693 million, including a non-recurring income tax…
JD’s food delivery service is now available in 39 cities nationwide, with expansion plans underway. [Photo/VCG] Online orders in certain cities have surged over 100 times since the Chinese e-commerce giant JD launched its food delivery service on Feb 11, according to a report by Sina on Thursday. Some industry insiders believe that JD aims…
Staff members from the Yantai Power Supply under the State Grid visit an enterprise to aid in conducting electrical safety inspections. [Photo provided to chinadaily.com.cn] In mid-February, as production resumed on a large scale following the Spring Festival break, the Engineering Machinery Industrial Park in Laizhou, a county-level city in Yantai, Shandong province, bustled with…
CNOOC booth at an expo held in Shanghai on Dec 6, 2024. [Photo/VCG] CNOOC Limited announced on Monday that its Buzios7 project, located in the Santos Basin off the southeast coast of Brazil, has safely commenced production. With a water depth of 1,900 to 2,200 meters, the Buzios oilfield is the largest deep-water pre-salt oilfield…