China has become the only country witnessing an increase in the number of patents granted by the United States in 2018, according to a recent report from leading global patent database IFI Claims Patent Services.
China's first national-level legal regulation on public-private partnership projects is in the pipeline, to prevent the expansion of local governments' contingent liability, as infrastructure is supporting economic growth, according to a senior official.
US-based autonomous delivery van company Udelv is planning to roll out as many as 100 test vehicles, which leverage the updated self-driving open platform of Chinese internet search giant Baidu Inc, for goods delivery in Silicon Valley and other parts of the United States this year.
More measures to bolster economic growth are expected to be rolled out as challenges endure, according to a senior official and analysts.
China will release new catalogues in five key areas within trade in services soon to support the nation's second round of opening-up for this sector in 2019, commerce officials said.
South Korean technology giant Samsung Electronics Co Ltd estimated on Tuesday a dramatic decline in its fourth-quarter earnings, amid falling demand in its memory chip business as well as mounting competition from Chinese smartphone makers.
Chinese travelers' enthusiasm for visiting Japan during the Spring Festival holiday remains high, despite an appreciating Japanese yen and an exit tax levied on foreign visitors.
Officials from the Ministry of Commerce said moves to promote a business credit guarantee mechanism and the crackdown on wrongdoing will help maintain the country's ongoing efforts to upgrade consumption and establish a new nationwide regulatory system with credit as the core this year.
Overseas audio equipment manufacturers are scrambling to introduce higher-quality smart speakers in China, in a bid to gain a bigger share in the fiercely competitive market, where internet firms have a head start.
Premium Finnish loudspeaker maker Genelec is transitioning toward a mass consumer market business model in China, in response to booming demand and consumption upgrade trends.
Harman International Industries Inc, a connected technologies manufacturer, will continue to ramp up its research and development efforts, and customize audio solutions for Chinese consumers, according to a company executive.