Cambricon Technologies Co, a Chinese artificial intelligence chip startup backed by Alibaba Group Holding Ltd, said on Monday that it aims to have one billion devices using its semiconductor intellectual properties in three years.
JD Finance, the financial subsidiary of China's second biggest e-commerce player JD.com Inc, launched an enterprise-level cloud services platform on Monday, by leveraging its big data, cloud computing and artificial intelligence to better serve financial institutions.
WASHINGTON - China and the United States have the world's most consequential economic relationship and it really pays for them to cooperate a great deal, an economist with US-based think tank RAND Corporation has said.
This winter, amid sub-zero temperatures, China's food delivery market will turn red hot.
China's instant food market, where noodles and frozen food reigned supreme once upon a time but fell upon bad times due to the rise of food delivery firms, is not only recovering but set to grow rapidly again.
Haidilao Hotpot, the restaurant chain that leads the hotpot catering market in China, launched an instant variety of its famous offering last quarter. The new variety cooks in 15 minutes and is priced 35.90 yuan ($5.42).
Encouraged by success in Europe, Chinese consumer electronics major TCL Corp is stepping up efforts to expand its presence the world over, particularly in Russia, the Middle East and Africa.
BEIJING - China is determined to put growth quality before pace, but that will not hold the economy back from growing faster than most of other countries in the coming decade, according to experts.
Selling lighters for 1 yuan ($0.15) to 3 yuan each to smokers may not sound like an exciting job, much less a well-paying one; but, believe it or not, many Chinese sales agents of US-based lighter-maker Zippo Manufacturing Co have become wealthy doing just that.
Already the most decorated woman in World Cup Alpine skiing with 77 wins, Lindsey Vonn has set her sights on outdoing the men as well.
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