China Tower, the world's largest telecommunications tower operator, got off to a muted start on its first day of trading in Hong Kong, replicating the ill-timed debuts of companies like Ping An Good Doctor and Xiaomi as the protracted Sino-US trade friction continued to affect on market sentiment.
A new type of 3D NAND flash memory technology was released by a company based in Wuhan, Hubei province, during the Flash Memory Summit held in California on Wednesday, providing faster performance with lower costs.
The United Kingdom's national tourism agency Visit-Britain is seeking to partner with a China-based airline to attract more visitors from the Chinese mainland to Britain after a double-digit growth in visits and spending from Chinese tourists last year.
Despite a blow that sent solar stocks into free fall in June, China's new rules to reduce government feed-in tariffs for the photovoltaic industry will encourage its more sustainable and efficient development, while stabilizing the rapidly growing and overheating sector, solar power industry insiders said.
A 100 megawatt solar power project in Qinghai province designed to combat poverty is forecast to generate 25 million yuan ($3.66 million) a year after its commissioning on June 30.
Qinghai province in Northwest China has set a record, running only on electricity generated from wind, solar and hydropower stations for nine consecutive days, from June 20 to 28, to promote the use of clean energy in the region.
Zhejiang province in eastern China plans to invest 1 trillion yuan ($145 billion) in more than 70 transportation-related projects in its Great Bay Area.
The United States' aggressive trade tariff measures on Chinese products will push China's mechanical and electrical manufacturers to further boost innovation that covers the entire industrial chain, especially in areas such as new materials, processing and electronic techniques, industry officials said on Tuesday.
China has just approved 14 Chinese asset managers to float pension target securities investment funds, a move to improve A-share market liquidity and offer the nation's middle-income earners more diversified pension management solutions.
More than four months after French fashion house Christian Dior became the first luxury brand to have an official account in China on shortvideo app Douyin, it had attracted less than 40,000 followers with the 13 short video clips it uploaded.
Beijing Bytedance Technology Co Ltd, which runs news aggregator Toutiao and short video app Douyin, is seeking a public listing next year, the Financial Times reported citing anonymous sources.
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Raymond Zhou
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