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November 22, 2024
AI holds key to internet sector's evolution
Chinese tech leaders and industry insiders are championing artificial intelligence as the next transformative force for the country's internet sector, citing its potential to redefine industries and boost future economic growth, at the ongoing 2024 World Internet Conference Wuzhen Summit in Wuzhen, Zhejiang province.
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November 22, 2024
China's NEV boom boon for global auto sector
As the new energy vehicle boom continues in China, global players in related sectors are eyeing a vast array of opportunities and are exerting efforts to tap into this promising market.
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November 22, 2024
Urban village renovation efforts to step up pace
China will push ahead with its urban village renovation program, which will cover a much wider geographical area and shift toward monetary compensation, in an effort to stabilize the real estate sector and help the country hit its annual growth target, analysts said.
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November 21, 2024
Nation to beef up offshore wind power
China is speeding up efforts to build a complete offshore wind power industry chain that will eventually benefit all players involved, said industry experts.
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November 21, 2024
Starbucks explores selling stake in Chinese business amid strategic growth plans
Starbucks is considering selling a stake in its Chinese operations, as it is exploring strategic partnerships to drive growth, the coffee chain said.
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November 21, 2024
Petroleum demand forecast to peak by 2029
Financial services provider UBS Securities recently predicted a peak in Chinese petroleum demand by 2029 and negative growth after 2030.
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November 21, 2024
Ningbo selected as pilot city for '5G+ industrial internet' integration
Ningbo has been named one of the first 10 pilot cities in China for the 2024 "5G + industrial internet" integration application initiative, as recently announced by the Ministry of Industry and Information Technology.
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November 21, 2024
Ningbo posts stable economic growth Jan-Oct
Ningbo experienced economic growth from January to October. During this period, the added value of above-designated-size industrial companies in Ningbo grew by 7.5 percent year-on-year, according to the latest data from local statistics authorities.