Major equipment suppliers for autonomous driving cars are vying for the electronic component market, which will reach an estimated $150 billion by 2030, and Arizona-headquartered US firm Avnet is one of them.
A group of engineers and experts in autonomous driving and deep learning joined forces in Guiyang, Guizhou province on Friday to build two driverless vehicles and test them on the road.
Samsung Electronics Co Ltd plans to begin building its new memory chip production line in China in late March, a spokesman said on Thursday, as the tech giant ramps up efforts to boost NAND flash technology to meet future demand.
Chinese property tycoon Sun Hongbin has resigned as chairman of Leshi Internet Information & Technology Corp, the listed arm of Chinese internet company LeE-co, adding to the uncertainty surrounding the debt-laden company.
Ping An Bank, a unit of Ping An Insurance Group, is teaming up with other units of the group to further tap the retail market this year, its chairman Xie Yonglin said on Thursday.
The Shanghai Stock Exchange will complete the financing mechanism for Panda bonds issued for projects related to the Belt and Road Initiative.
China's economic growth beat market expectations in the first two months, an indication that the world's second-largest economy is expanding steadily and can achieve its preset growth target of about 6.5 percent, analysts said.
Amid mounting fears over the specter of escalating trade tensions haunting the global economy, China's role as a visionary leader of open and free trade is taking on a new significance, an expert said.
Chinese companies should play a bigger role in global steel production and trade, rather than just export basic products, and utilize the Belt and Road Initiative for expanding reach, a top industry official said.
China's plan to launch crude oil futures on March 26 will enable it to develop its own benchmark for oil pricing in addition to current global benchmarks, said Jonty Rushforth, senior director of the energy price group at S&P Global Platts, an energy industry information service provider.
Ant Financial Services Group is making a foray into Pakistan through a deal that will give the financial technology giant a 45 percent stake in a local mobile financial services provider.
For Chen Hua, 28, an automobile engineer in Shanghai, reading out English text aloud after taking pronunciation lessons on a mobile app has become an evening routine.
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