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November 28th, 2018 The Shanghai municipal government and Chinese technology major Baidu have reportedly signed a strategic cooperation agreement for the purpose of developing artificial intelligence (AI) industry in the city and giving it a boost. Following the agreement, a Baidu innovation center will be built to make Shanghai a major AI development...
CHINA

November 26th, 2018 A young Chinese commercial space firm called Chengdu GuoXing Aerospace Technology has sent two satellites into space within 100 days after its establishment, and now the company is preparing for a new launch in December. The firm was set up in the capital of southwest China's Sichuan Province in May. It has developed two experimental...
CHINA

November 23rd, 2018 Shanghai is set to increase its population of high-tech enterprises to 15,000 by 2020, according to a guideline released by the municipal government. The guideline also states that these enterprises would achieve a combined annual revenue of more than 3 trillion yuan ($432.94billion) and profits of 280 billion yuan by 2020. The...
CHINA

November 22nd, 2018 China’s JD.com has rolled out its first large-scale unmanned aerial vehicle (UAV) at Pucheng airport, Shaanxi province. It has been stated that the UAV will be used for the company's cargo deliveries. This particular UAV has been named as the JDY-800 which has a wing-span of 10 meters. It can cruise at altitudes of 3,000 meters at...
CHINA

November 21st, 2018 China Telecommunications Corp is making a major advance in its globalization strategy, with an association involving the company becoming the third major mobile operator in the Philippines. The National Telecommunications Commission in the Philippines announced that the Mislatel consortium, which is composed of China Telecom and two...
CHINA

November 19th, 2018 Samsung Electronics has launched a super-high-end smartphone in China in partnership with the country's major telecom carrier, China Telecommunications Corp for the purpose of targeting business professionals. Contrary to most people's expectations that flip phones are a thing of the past, Samsung's new model, the W2019, is a flip...
CHINA

November 19th, 2018 The EV major Tesla has begun to take orders for its Model 3 sedan in China for a deposit of CNY 8,000 ($1,153.60 or about Rs. 83,000). However, the company declined to comment on the development. Chief Executive Officer Elon Musk stated, "Probably some deliveries in March, but April is more certain", after a Twitter user...
CHINA

November 12th, 2018 China's AI industry has embraced rapid growth in recent five years. China's large population created advantages in big data, which is the key driver for AI ecology today represented by deep learning. "At the basic scientific level, there is still a gap between China and the United States. While at the application level, China is able to...
CHINA

November 6th, 2018 The popular US-based automaker Ford has tied up with China’s largest search engine Baidu for a two-year autonomous vehicle test project in China. The president and CEO of Ford Autonomous Vehicles named Sherif Marakby announced the partnership with Baidu's vice president and general manager of its Intelligent Driving Group Li Zhenyu...
CHINA

November 2nd, 2018 With the growing economy day by day, China has become the world's largest importer of e-commerce goods. The country has a population of cross-border e-commerce consumers increasing by 10 times over the past three years. According to a report, China's consumption growth has promoted sustainable development of import business and the...
CHINA

October 27th, 2018 Chinese e-commerce giant Alibaba has reportedly announced a partnership with Swiss luxury goods group Richemont for the purpose of developing platforms in China for high-end products. According to the deal, Richemont's online unit Yoox-net-a-porter and Alibaba will set up a joint venture with two mobile phone applications that...
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