The ongoing Rio Games have seen a surge in Olympic-related advertisements and promotions from a range of different businesses, including restaurants introducing "Olympic set meals", drink brands holding activities about the Rio games and electronic appliance manufacturers putting up patriotic posters letting the country know that they are "Cheering for China".
China has joined the ranks of the world's 25 most-innovative economies, according to the Global Innovation Index 2016 released in Geneva on Monday.
"Smart manufacturing" will be highlighted at the International Exhibition of Inventions 2016, which is slated to take place in November in Kunshan, Jiangsu province, the event's organizers said.
Drivers should not be overly reliant on in-car assistance functions such as Tesla's Autopilot system, said an official from the Ministry of Industry and Information Technology at a forum on autonomous driving in Shanghai earlier this month.
The Chinese government is considering introducing a carbon credit regulation scheme next year as part of a detailed and practical plan to assess the efforts made by automakers towards cutting greenhouse gas emissions.
China's passenger car sales in July surged 26.3 percent year-on-year, the highest monthly growth rate in at least the past 30months, but experts say the rate may fall in coming months.
Chinese electric carmakers are introducing trade-in plans for new energy vehicles, a move industry insiders believe will help stimulate the booming sector in the world's largest auto market.
The auto industry's self-driving revolution has spurred the biggest two years of car-supplier takeovers in a decade, with more coming as parts makers struggle to keep up with the pace of technological transformation.
Toyota Motor Co's joint venture with Guangzhou Automobile Corp aims to boost long-term sales of petrol-electric hybrid cars by offering a wide range of models.
As an important port city and economic hub, Qingdao is also home to the Tsingtao Brewery and China's largest international beer festival. Every year, the festival welcomes millions of domestic and foreign visitors.
Industry insiders have welcomed a recently-announced policy that focuses on cutting patent-related fees, saying that it will give further support to financially-strapped companies. Concerns have been raised, however, about the strictness of the requirements for individuals and companies applying for reductions in their patent application costs.
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Raymond Zhou
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Chen Weihua
