5G initiative to boost industrial internet reach

China's intensified efforts to commercialize the fifth-generation mobile communication technology will lay a sound foundation for the development of industrial internet in the country, experts said on Friday.

Mavic 2 drone series unveiled in Beijing

DJI, the world's largest commercial drone manufacturer by market share, unveiled its Mavic 2 series of drones on Friday, amid sluggish growth in China's consumer drone market.

Chinese startups, investors looking at India

India is now an important startup destination, and even small and medium-sized Chinese enterprises, venture capital firms and angel investors are eyeing it, and seeking local insights, experts said at an entrepreneurship forum in Beijing on Tuesday.

IN BRIEF (Page 5)

BoComm H1 profit up 4.61%

Bank of Communications Co Ltd posted 4.61 percent net profit growth year-on-year in the first half of this year, hitting a record high since 2015.

Meituan-Dianping wins approval for HK float

Meituan-Dianping, an online food delivery and booking platform, is said to have won approval from the Hong Kong stock exchange for its planned IPO, in what would be the second listing under the city's new dual-class share system.

Lower income triggers fall in Alibaba shares

Alibaba Group Holding Ltd saw its shares tumble 3.16 percent in New York on Thursday to close at $172.23, as the Chinese internet giant reported its first profit slide in several quarters despite top-line revenue growth.

US will aggravate self-inflicted wounds by persisting with tariffs

The United States imposed 25 percent tariffs on $16 billion of Chinese goods on Thursday, forcing China to retaliate and impose tariffs on US goods of equal value.

Much can be done to curb plastic pollution

THE EUROPEAN COMMISSION recently issued A European Strategy for Plastics in a Circular Economy. Beijing News comments:

Law must act as a dam to stem tide of child pornography

ACCORDING TO OFFICIAL news, some netizens have submitted clues about websites such as Shotazone spreading pornographic pictures and videos of underage persons. An investigation is now underway. Gmw.cn comments:

Ghostbusters required to prevent future stealth software data theft

POLICE IN SHAOXING, East China's Zhejiang province, recently uncovered a case in which a listed technology company based in Beijing stole more than 3 billion pieces of personal information from 96 internet enterprises nationwide, including big names such as Baidu, Alibaba and Tencent. Beijing News comments:

Canberra's bias still hurdle to better ties

The Australian government's decision to ban Chinese telecom giants Huawei and ZTE from its 5G network is disappointing as well as poisonous to bilateral cooperation. The ill-advised move again casts a shadow over bilateral ties, which had been showing some signs of improvement recently.