China National Petroleum Corp (PetroChina), the country's biggest oil and gas company, said on Monday that it has achieved a significant technological breakthrough, after successfully completing drilling work on the deepest oil well on land in Asia at its Tarim oilfield in the Xinjiang Uygur autonomous region.
Artificial meat may not exactly be the gourmet choice as most people see it as something that goes against the norm of eating meat. And that opposition intensifies if one were told that the meat has been developed in laboratories through cell culture. But all of that may change soon as vegan meat, developed from plant protein, is increasingly finding acceptance with Chinese customers as a viable alternative.
Shanghai has unveiled an accelerator project to boost the use of artificial intelligence in the medical field as it upped the ante in driving AI applications across several industries.
The Lego Group, one of the world's leading manufacturers of toys and play materials, opened its first certified store in Northwest China on Sunday and announced expansion plans in the country's second-and third-tier markets to open another 40 new stores in the country by the end of this year.
Phonak, the high-end hearing aid manufacturer, will launch more digital products in China and continue to expand its sales channels in the country's lower-tier markets, said one of its senior executives.
Led by females, Chinese diners are increasingly preferring healthier, low-fat light meals at restaurants and on online delivery platforms, a catering industry report has found.
Financial technology or fintech companies can back banks to develop supply chain finance or SCF with their strength in risk control, to better meet the demands of financing for small and medium-sized enterprises or SMEs, experts said.
BEIJING - Amid rapid expansion of the digital economy, China will take more measures to promote sustainable and healthy development of the internet sector for in-depth integration of digital and real economies.
Yang Wenlei, CEO of the China unit of Japanese tech giant Olympus Corp, said the local market is of great significance for the company. Olympus, she said, has great confidence in the growth potential of the Chinese market.
As China moves forward from being the world's manufacturing powerhouse to an innovation-driven economy focusing on high-quality development, the innovation capabilities of Chinese pharmaceutical companies have been growing steadily, reflected by the rapid development of domestic biologics and innovative medicine sector, industry people said.
Buoyed by the rising trade opportunities created by the Belt and Road Initiative, Indonesia is looking to export 150 metric tons of bird's nest to China every year, a top official said.
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Raymond Zhou
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