Huge investments, intensive R&D mark the race toward next-gen mobile technology It’s a high-stakes, high-tech race. Billions, maybe, trillions of dollars are up for grabs globally, and Chinese technology companies are vying to scoop up as much of the fifth-generation, or 5G, mobile telecommunication technology pie as possible as D-Day of commercial launch around 2020…
China has added seven United States companies to its unreliable entity list for their selling arms to China’s Taiwan region, the Ministry of Commerce said on Tuesday. Despite China’s strong opposition, several US companies, including Inter-Coastal Electronics, have participated in so-called military-technical cooperation with China’s Taiwan region, engaging in arms sales that seriously undermine China’s…
The northeastern port city of Dalian, Liaoning province, is making efforts to drive the accelerated development of its low-altitude economy. This helicopter is for sightseeing. [Photo by Wang Hua/for chinadaily.com.cn] The northeastern port city of Dalian, Liaoning province, is making efforts to drive the accelerated development of its low-altitude economy. During a conference held on…
The surplus for the period from January to November increased by a stunning 13.3% compared to the same period last year.China’s surplus with the EU rose to $219 billion in January-November, up 13% from $194 billion Last Year.While trade with the EU accounts for 13% of China’s total trade, the European Union contributes 25% of…
Increasingly, young professionals are making the jump from multinational companies to homegrown tech houses Multinationals are continuing to lose out to local companies when it comes to securing high-quality professionals in China, especially amid domestic tech firms’ surging success, according to the 2018 China Leadership Report. “Local Chinese companies are redefining our entire way of…
With the year 2024 wrapping up, China’s exports raise a legit question. Just 5% of export categories account for 60% of exports, and most go to advanced economies. Given current political turmoil, does China have time to build its Global South strategy while still relying on exports to the North?In 2024, China is projected to…
The opening-up of the services sector and rising investor confidence in the stock market will aid China in achieving stable economic growth next year, according to analysts . At a meeting held on Dec 13 by the Political Bureau of the Communist Party of China Central Committee it was decided to uphold “speeding up all-around…
Visitors try out a BYD car during an expo in Tokyo, Japan. [Photo/Xinhua] JERUSALEM — The Atto 3, an electric subcompact crossover from the Chinese carmaker BYD Auto, was the top-selling car in Israel in 2024, according to data released by the Israel Vehicle Importers Association on Thursday. A total of 10,607 units of the Atto…
The ice fishing culture has been passed on in Dorbod, Heilongjiang province, for over 1,000 years. [Photo/Xinhua] CHANGCHUN/HARBIN – A school of large fish thrashed about in a mile-long fish seine, hauled from an ice-covered Chagan Lake in Northeast China, as a cheering crowd watched in excitement. This spectacle was part of the millennium-old tradition…
Shanghai Disney Resort marks completion of the initial construction phase for its third themed hotel. [Photo provided to chinadaily.com.cn] Shanghai Disney Resort completed the installation of the final primary steel beam for its third themed hotel on Wednesday, marking the completion of the initial construction phase for the nine-floor, 400-room hotel. Inspired by Shanghai’s unique…