Alibaba reports growth in e-commerce and cloud computing sectors
(China Daily) Chinese tech giant Alibaba Group Holding Ltd said its revenue stood at 247.65 billion yuan ($34.6 billion) during the April-June period, an increase of 2 percent year-on-year, with its core e-commerce and cloud computing businesses reporting robust growth.
Alibaba-backed robot firm Quicktron is said to file for Hong Kong IPO
(China Daily) Quicktron Robotics, a Chinese mainland maker of self-driving forklifts and other robots used in warehouses, has confidentially filed for a Hong Kong Special Administrative Region initial public offering that could raise at least $100 million as early as next year, according to people f
DeepRoute.ai launches its latest smart driving platform
(China Daily) Chinese smart driving company DeepRoute.ai has launched its latest smart driving platform, DeepRoute IO 2.0.
Leapmotor hits sales record in August
(China Daily) Leapmotor delivered 57,066 vehicles in August, up 88 percent from a year earlier and the highest monthly total in its history, the Chinese carmaker said on Monday.
It was the sixth straight month the company led sales among China's NEV startups.
XPeng sets new monthly record in August
(China Daily) XPeng delivered 37,709 vehicles in August, a 169 percent jump from a year earlier and a 3 percent rise from July, marking a new monthly record, the Chinese NEV maker said Monday.
China opposes U.S. removal of semiconductor firms from validated end-user list
(Xinhua) China's Ministry of Commerce on Saturday voiced opposition to the U.S. decision to revoke the "validated end-user" (VEU) authorization for three semiconductor companies operating in China, urging the U.S. side to immediately correct its wrongdoings.
China has noticed that the U.S.
Huawei chip theft case verdict now final
(China Daily) A Shanghai court has stated that the convictions of 14 people involved in the theft of trade secrets related to chip technology developed by Huawei subsidiary HiSilicon have taken effect, in a ruling that underscores China's commitment to protecting intellectual property rights.
China's intelligent computing capacity ranks second globally
(Xinhua) China's total intelligent computing capacity has reached 780,000 PFlops, which ranks second in the world, Liu Liehong, head of the National Data Administration, said on Thursday.
Logitech focuses on innovation to grow China market
(China Daily) Logitech International SA has pursued innovation and automation upgrades at its Suzhou manufacturing base in Jiangsu province, as the Swiss consumer electronics maker seeks to harness China's booming gaming market and resilient supply chain, according to a senior executive.
Chinese scientists make breakthrough in ultra-wideband photonic-electronic 6G communication
(Xinhua) Chinese scientists have made a breakthrough in ultra-wideband photonic-electronic integrated technology for 6G wireless communication, according to Peking University (PKU).
China looking to leverage big data as force for transformation
(China Daily) China will take steps to accelerate the construction of high-quality data sets, and develop the data industry and artificial intelligence, which has been regarded as a main direction for bolstering technological innovation and industrial transformation, according to the country's top d
E-commerce giant JD.com tops list of China's 500 largest private firms
(Xinhua) China on Thursday unveiled the latest rankings of its 500 largest private enterprises, with e-commerce giant JD.com claiming the top spot, reflecting the robust growth of the country's private sector.
BYD reports steady revenue, profit growth in H1
(Xinhua) China's leading new energy vehicle (NEV) manufacturer, BYD Company Limited, has reported strong profit and revenue growth in the first half of 2025.
The Shenzhen-headquartered company said that it achieved a revenue of 371.28 billion yuan (about 52.3 billion U.S.
Chinese automakers climb in global top 10 sales rankings
(China Daily) As Chinese automakers climb global sales rankings, consumers at home and abroad are gaining access to more advanced and affordable green mobility options, experts said.
China's digital publishing revenue hits new high in 2024
(Xinhua) China's digital publishing industry revenue reached another new high of 1.75 trillion yuan (about 245.9 billion U.S. dollars) in 2024, according to an annual report on the industry released on Wednesday.
Alibaba Group Announces June Quarter 2025 Results
Alibaba Group Holding Limited announced its financial results for the quarter ended June 30, 2025.
“This quarter, our strategic focus on consumption and AI + Cloud delivered strong growth. Our decisive investment in the quick commerce business achieved key milestones as we won consumer mindshare.
China aims for AI application breakthroughs in key sectors in next 2 years: official
(Xinhua) China aims to achieve breakthroughs in the application of artificial intelligence (AI) in key sectors by 2027, an official said on Friday when outlining the country's latest efforts to accelerate AI development.
High-tech manufacturing lifts industrial profits
(China Daily) China's high-tech manufacturing sector drove a strong rebound in industrial corporate profitability in July, with aerospace, semiconductors and biopharmaceuticals leading the recovery and underscoring the country's push toward advanced technologies and greater self-reliance, official d
Innovation platform for smart tech launched
(China Daily) A major national open innovation platform for artificial intelligence has been unveiled to leverage the collective strength of State-owned enterprises and the broader industrial chain for accelerating the development of the AI sector in China.
BYD exports its Thai-made electric vehicles to Europe
(Xinhua) BYD announced on Monday that its Thailand plant has officially exported the first batch of BYD DOLPHIN electric vehicles (EVs) to the European market, totaling over 900 units, with destinations including Britain, Germany and Belgium.