At a much-anticipated event in Beijing on Tuesday, Chinese smartphone vendor Xiaomi Corp showcased the culmination of its years of design and engineering effort with Mi MIX Alpha.
LOS ANGELES - China's achievements in technology innovation have drawn increasing attention from US media and the high-tech world, and won affirmations from renowned US technology experts.
Tesla's 50-billion-yuan ($7 billion) gigafactory in Shanghai, which is the company's first such facility outside the United States, is expected to commence operations at the end of this year.
Eurasian Resources Group (ERG) has been exploring opportunities with strategic Chinese partners to cooperate on several big-ticket projects in a move to further grow its network in the country, its chairman said. ERG is an international metals and mining company.
China's GDP growth may moderate to 6.2 percent year-on-year this year due to slowing exports and dampened investor confidence as trade tensions escalate, said a report published by the Asian Development Bank on Wednesday.
The Chinese economy will stabilize in the fourth quarter of this year, Bank of China Ltd said in a report on Wednesday.
Alibaba Group Holding Ltd released a new artificial intelligence chip on Wednesday that specializes in machine-learning tasks, as China steps up efforts to integrate emerging technologies such as artificial intelligence and 5G into its economy.
Leading telecom carriers are stepping up 5G infrastructure construction activities to keep pace with the plan of rolling out 5G services in major Chinese cities by the end of this year.
The Yunnan provincial branch of China Unicom, the country's second-largest telecom operator by number of mobile subscribers, is stepping up the push to accelerate reform in corporate management to leverage the vitality of private investors and revitalize the State-owned company in the process.
China will be able to achieve its annual fiscal budget goals, although the unprecedented $281 billion tax and fee cut plan will constrain income, a top government official said on Tuesday.
China will take more steps to stimulate investment, boost consumption, create more jobs and increase income, as part of its ongoing efforts to foster a robust domestic market, according to the country's top economic regulator.
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Raymond Zhou
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Chen Weihua
