China's A-share market ended higher on Tuesday, with the growth enterprise-heavy ChiNext Index hitting a three-month top, as analysts expect an easing in global monetary policies to spark an uptrend in financial markets over the second half of the year.
GAC Group, a major automobile maker in Guangdong province, has unveiled an intelligent and interconnected driving ecosystem to facilitate its development in the booming new energy vehicle sector.
The secondhand economy, supported by the consumption upgrade and advanced internet technologies, is set to create a trillion-yuan market in China, according to industry insiders.
Half-price Prada, discounted Louis Vuitton and cut-price Chanel - thanks to the rise of platforms selling secondhand goods in China, luxury brands are no longer out of reach.
More capital is needed to bolster the development of chip manufacturing in China, as the nation strives to reduce reliance on foreign technologies in case of a wider US export ban on the sector, investors and analysts said.
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.
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Raymond Zhou
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Huang Xiangyang
Chen Weihua
