Government News
Geely-backed firm to unveil world's first low-orbit satellite consumer phone - September 07, 2022
Xingji Shidai Technology, set up by carmaker Geely Holding Group a year ago, plans to roll out the world's first consumer cellphone that can directly connect with satellites in low orbit.
Chinese banks' profit growth slowed, risk exposure grew in first half but bad debts fell - September 07, 2022
Chinese Banks' Profit Growth Slowed, Risk Exposure Grew in First Half But Bad Debts FellChinese banks remained highly profitable in the first half but, overall, profit growth slowed, capital-to-risk r
China to help NEV makers build overseas sales networks - September 07, 2022
China's commerce ministry will support new energy vehicle manufacturers to export more cars abroad.
Downtown roads newly opened for self-driving vehicle testing - September 04, 2022
Shanghai has opened downtown roads for self-driving testing in a boost to the burgeoning industry.
Profits of new-energy vehicle companies dented by commodity price rises - September 04, 2022
The power battery industry sparked up in the second quarter with a jump in prices, while profits of new-energy vehicle firms were still at a low ebb.
Tencent to Invest in Japan’s FromSoftware as NetEase Acquires France’s Quantic Dream - September 02, 2022
To further expand their reach beyond China, Tencent Holdings, the world's biggest video game company, plans to invest in FromSoftware, the Japanese creator of Elden Ring, while rival NetEase has acquired France's Quantic Dream, which developed Detroit: Become Human and Heavy Rain.
China's Summer Box Office Jumps 23% With Two Domestic Hits - September 02, 2022
China's box office receipts surged by 23 percent in the three summer months of June to August from a year ago due to policy support and two new domestic releases.
Luxury brand café trend brews market vitality - August 31, 2022
To be a coffee shop owner has become a popular option for many luxury fashion brands to expand their business in China.
Four Chinese new-energy firms make global unicorn list - August 31, 2022
Four Chinese new-energy companies, of which three are in the power battery sector, have made the list of global unicorns.
Chinese Electric Carmaker BYD Posts Record First-Half Earnings - August 31, 2022
Chinese electric vehicle and power battery giant BYD reported its best-ever first-half profit and revenue thanks to new energy vehicle sales.
