Development of charging infrastructure for new energy vehicles is fast catching up with the growth in sales of such vehicles, although the number of NEVs in China still outstrips the existing charging facilities, according to industry experts.
Development of the artificial intelligence industry still has a long way to go before it can become "real intelligence" and be applied in various sectors, industry experts and market insiders said.
US-listed Huami Corp unveiled a new smartwatch on Tuesday to target fans of classic designs after the tech company became the second most popular adult smartwatch brand in China.
In his famous book The Rise and Decline of Nations, Mancur Olson, the late economics professor at the University of Maryland, argued that if societies don't continuously evolve their economic structures, then they will become stagnant and innovation will stop.
Despite downside pressure, the Chinese economy is expected to remain stable in the second half of this year. The year-on-year GDP growth rate for 2019 is expected to be no lower than 6.2 percent.
The outcome of the much-anticipated Xi-Trump meeting at the G20 summit in Osaka was largely in line with our expected central case, with the United States and China agreeing to resume talks and not escalate the dispute further.
Beijing has been included among the top global innovative centers, as the national economy undergoes growth toward higher value-added activities and new growth drivers, experts said.
China's power demand will increase by 65 percent through 2050 from the current level, while its GDP is likely to grow by 225 percent, and the huge demand will create huge investment opportunities, said a new industry report.
SYDNEY - A zinc producer in Australia's far north is set to hire a workforce made up of 50 percent indigenous staff, after a landmark joint partnership agreement was reached with the local aboriginal community.
High-calorie biscuits, chocolate and candies are no longer as popular as they used to be. Quality-conscious young Chinese consumers are going for healthier snack food.
China's entertainment sector, which was on a roll last year, seems to have run into a rough patch judging by the lower-than-expected profit of top companies in the first half of this year.
China's shortened negative lists in the mining sector, and the lifting of restrictions on the exploration and development of petroleum and natural gas reserves, represent a rare opportunity that is likely to be utilized to the hilt by energy multinationals such as French oil giant Total, Anglo-Dutch behemoth Royal Dutch Shell, British heavyweight BP and international metals and mining company Eurasian Resources Group, industry experts said.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
