Employees of Guangdong Xiangguan Optoelectronics work at a research facility in Dongguan, Guangdong province. The company is a major producer of mid- to high-end light-emitting diodes and LED application products. [CHINA DAILY] In the production workshop of Emma CNC Technology Co in Dongguan, Guangdong province, workers are busy debugging intelligent cutting devices and directing them…
[Photo/VCG] Chinese tech heavyweight ByteDance announced on Thursday the launch of its new model architecture, UltraMem, which reduces the inference costs of artificial intelligence-powered models by up to 83 percent. According to the company’s Doubao LLM team, UltraMem enhances the inference speed by 2 to 6 times compared to traditional MoE (mixture-of-experts) architectures. This technological…
Robin Li, co-founder and CEO of Baidu, speaks during a session at the World Governments Summit 2025 in Dubai, the United Arab Emirates, on Tuesday. AMR ALFIKY/REUTERS Continued investment in artificial intelligence infrastructure is still very much required despite Chinese AI startup DeepSeek’s open-source model challenging the cost efficiency of peers’ large language models, said Robin…
SHANGHAI — US entertainment company Warner Bros is set to launch a Making of Harry Potter studio tour in Shanghai in 2027, which analysts believe is a significant move underscoring US companies’ confidence in China’s vibrant consumer market. The Jin Jiang International Holdings Co Ltd, China’s major travel and hospitality conglomerate, on Wednesday confirmed the…
On Tuesday, Coca-Cola reported better-than-expected earnings for the fourth quarter and full year 2024, with strong volume growth in China driving global performance for the beverage corporation. In the fourth quarter, Coca-Cola’s net operating revenues grew 6 percent year-over-year to $11.54 billion, surpassing market expectations of $10.7 billion. Consolidated net income rose 11 percent to…
With the lifting of the first container at Shanghai Port on Monday, Gemini Cooperation officially launches operations at the port. [CHINA DAILY] Gemini Cooperation, a benchmark collaboration between Maersk and Hapag-Lloyd, officially started operations at the port of Shanghai on Monday, further consolidating Shanghai Port’s status as an international shipping hub amid the ongoing restructuring…
An Airbus A350 aircraft without livery is pictured in North China’s Tianjin municipality, Feb 11, 2025. [Photo/Xinhua] TIANJIN — An Airbus A350 aircraft without livery flew from Toulouse, France, to North China’s Tianjin municipality on Tuesday, marking the first such arrival in 2025, the European aircraft manufacturer Airbus said. The jet, which completed assembly overseas,…
StairMed, a Shanghai-based medical technology company, announced on Monday that it has raised 350 million yuan ($48 million) in Series B funding, marking the largest investment to date in China’s implantable brain-machine interface industry. The funds will be used to accelerate clinical trials, advance research and development of next-generation technologies and build a medical-grade microelectromechanical…
People visit a moduling building factory in Riyadh, Saudi Arabia, on Feb 9, 2025. A moduling building factory under China Harbour Engineering Company’s Sedra project in Saudi Arabia has officially commenced operations. Spanning approximately 200,000 square meters, the factory will supply prefabricated components for the Sedra project’s fully modular villas, while laying the industrial foundation for…
RIYADH — The Chinese Tencent Cloud Company has launched its first Middle East Cloud Region in Saudi Arabia, featuring two availability zones with full redundancy, advanced cloud services and AI capabilities. In a statement on Sunday, the company revealed that the new availability zones, expected to be operational in 2025, will integrate Saudi Arabia into…