The online industrial product system epec.com has witnessed total transactions of 90.2 billion yuan ($13.1 billion) since its launch last April, a year-on-year increase of 526 percent, Asia's largest refiner China Petroleum & Chemical Corp said on Tuesday.
China has made new progress toward carrying out supply-side structural reform in the first quarter of the year, the National Bureau of Statistics said on Monday. Analysts said a balance should be struck between pushing forward reform and achieving stable economic growth.
Internet-enabled technologies and business models have given China's economy a new burst of momentum and changed the nature of growth, experts said.
The much-anticipated C919, the large homegrown passenger jet, has finished its first high-speed taxiing test, and it is just one step closer to its maiden flight.
The growth of real estate investment in China is likely to decelerate in coming quarters despite robust growth in the first quarter, as policy tightening may eventually weigh on property sales and investment activities, analysts said on Monday.
An automatic driverless truck, manufactured by Changchun-based automaker FAW Jiefang Automotive Co, passed its navigation test last week. Analysts said that its driving assistance system would greatly improve the security level of heavy vehicles.
Alisports, the sports wing of Alibaba Group Holding Ltd, and the Olympic Council of Asia announced a strategic partnership on Monday in Hangzhou, to bring the fast-developing e-sports or electronic sports to the 2022 Hangzhou Asian Games.
The colorful, fragrant and refreshing spring is in full bloom in Changping district, 50 kilometers from downtown Beijing, but 27-year-old precision instrument engineering student Shao Meng, sporting a white cotton T-shirt and goggles, is busy in his 60-square-meter flat, seemingly more fascinated by the task of debugging the operating system of a "climbing robot".
Cibei, one of China's "hidden champion" manufacturer of oral and maxillo-facial implants, said it plans to intensify its research and development activities and export its upcoming product upgrades to economies covered by the Belt and Road Initiative.
Robot hawkers and smart automated vendors, anyone?
China Offshore Oil Engineering Co Ltd or COOEC's go-global strategy will accelerate and reach another milestone in July.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
