Cutting-edge technologies are making life more convenient, and upgrading one's home with the latest such technology has become a new engine driving China's economy. More and more affluent consumers are pursuing a smarter, high-end lifestyle, which has given a big boost to the smart home market.
In the internet era, home appliance manufacturers are shifting to smart strategies at an accelerated pace. Haier Group, for example, has made great efforts to cooperate with internet giants in the field of artificial intelligence and smart homes to boost the transformation and upgrading of its products.
Like TVs, refrigerators and air conditionersall of which have been modified to be "smarter" and thereby improve peoples' livessmart speakers have also gradually become an indispensable family appliance in many homes.
China's year-on-year GDP growth is projected to reach 6.6 percent this year, 0.1 percentage point higher than its previous forecast, the International Monetary Fund said in its latest report released on Monday.
French retailer Carrefour SA has announced a potential investment by Chinese tech giant Tencent Holdings Ltd and hypermarket operator Yonghui Superstores Co Ltd in Carrefour China, aiming to boost its struggling Chinese businesses. Carrefour did not reveal the exact amount involved.
Bombardier Inc, a multinational aerospace and transportation company based in Montreal, Canada, said it plans to increase the capacity of its signaling and propulsion plants in China to cash in on rising demand for transit projects in the country.
China has made significant strides in port transportation by using self-driving trucks to transport containers at Zhuhai Port in Guangdong province from Tuesday as part of its efforts to realize an unmanned smart port system in the future.
Trucks driving themselves out of warehouses and heading off along long, winding highways with precious parcels - a scenario that might come sooner than many people expect.
China's mobile payment platform WeChat Pay will work in Italy for the first time, the company announced on Monday.
Zhang Hui, a clerk working at a technology company in Yizhuang, a southern suburb of Beijing, likes to go straight from work to a newly opened fresh food supermarket - 7Fresh - where she chooses her favorite seafood dish, say, lobster or crab.
In their competition with online giants, which have recently expanded to offering fresh food in physical stores, traditional brick-and-mortar retailers are gearing up to secure their market shares in this sector.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
