Virtual reality games, intelligent robots, cameras as thin as pieces of paper and many other creative products and ideas are vying for bragging rights and seed money at the 2016 Asia Beat Xiamen, a competition for international startups and innovations.
China will breed a new wave of innovators, industry insiders, investors and government officials said at the 2016 Asia Beat Xiamen, an international competition for startup projects that ran from Thursday through Saturday.
Xiamen, Fujian province, long known as a famous tourist destination, is planning to invest 3 billion yuan ($461.7 million) in subsidies and financial awards over the next three years to spur innovation and entrepreneurship.
A picture taken at the opening ceremony of the Second World Internet Conference in Wuzhen on Wednesday went viral in recent days.
Xi'an Pioneering Park, one of China's top technology entrepreneurship service parks in the Xi'an High-Tech Industrial Development Zone in the capital of Shaanxi province, has been encouraging mass innovation and entrepreneurship by focusing on hackerspaces.
The Xi'an Software Park is showing it is ready for Industry 4.0 after it hosted a software technology week activity in October.
Showing optimism in China's premium car market, Daimler AG is vowing to invest in domestic research and development activities after its affiliated brand, Mercedes-Benz, saw robust sales growth this year.
Changan Ford is ready to compete in a new segment in the Chinese market, unveiling its new flagship Taurus sedan at the ongoing Guangzhou auto show.
Young Chinese automaker Qoros released its Qoros 5 SUV at the Guangzhou auto show, pinning its hopes on the model to boost lackluster sales.
The Guangzhou auto show, themed "New Technology, New Life", is showcasing 1,000 vehicles this year, as Li Fusheng and Hao Yan report.
New-energy vehicles provide reassurance in otherwise sluggish demand
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Raymond Zhou
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Chen Weihua
