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China unveils policies to boost new information consumption
China's Ministry of Industry and Information Technology has recently unveiled a document to specify the country's support for consumption of the new information products such as 5G, ultra high definition, consumer drones, virtual reality, wearables.
MIIT launches application for new information consumption projects
China's Ministry of Industry and Information Technology has recently launched the application for new information consumption demonstration projects of 2019, with an action plan specifying the scope of encouraged projects and supporting measures.
Pressure arised from Tesla’s price cut deemed as good thing for Chinese carmakers: official
Competitive pressure caused by Tesla’s recent move to cut its vehicle prices is deemed as a good thing for Chinese carmakers, reported China Securities Journal.
China's coking industry reports better profitability
China's coking industry reported rising production and improving profitability last year, official data showed.
Commercial 5G use likely to create RMB8.2 trln info consumption in 2020-2025, report
Commercial 5G use is expected to bring about 8.2 trillion yuan information products and services consumption during 2020 and 2025, reported the Xinhua-run Economic Information Daily citing experts Wednesday.
China's manufacturing sector embraces new round of supportive policies
Many places in China have rolled out targeted policies in the new year to boost the development of manufacturing industry, reported the Xinhua-run Economic Information Daily on Tuesday.
China’s MIIT approves construction of two international Internet “highways”
China’s Ministry of Industry and Information Technology (MIIT) has recently approved the construction of two dedicated channels for international internet data transmission
China's MIIT to revise policy of regulating copper smelting industry
China's Ministry of Industry and Information Technology (MIIT) will revise a policy issued in 2014 to better regulate the domestic copper smelting industry.
China’s industrial Internet sector steps into practical development phase
China’s industrial internet sector enters now a practical development phase from the past concept-focusing development, with the drawing-near 5G era likely to bring industry size to about one trillion yuan, reported Xinhua-run Shanghai Securities News Fr
Economy and Data Brief
Economy and Data Brief
China to quicken connected regional innovation layout through the driving of cities
China will accelerate the science and technology innovation center construction in Beijing, Shanghai and the Guangdong-Hong Kong-Macao Greater Bay Area, in a bid to foster connected regional innovation layout with city groups as driving forces.
China's information consumption surges in 2018
China's information consumption saw a rapid increase last year, according to the Ministry of Industry and Information Technology (MIIT).
China's internet service sector expands fast in 2018
China's internet service and related sectors saw fast revenue growth in 2018, with e-commerce and online gaming continuing steady expansion.
China's MIIT works on compilation of plan for NEV dev. in 2021-2035
Chinese Ministry of Industry and Information Technology (MIIT) held a meeting on Friday to kick off compilation of a plan for the high quality development of new energy vehicle (NEV) industry from 2021 to 2035.
Test results show main functions of China's 5G reach pre-commercial use level
China's 5G base station and core network equipment have reached pre-commercial use level as they were able to support both non-standalone (NSA) and standalone (SA) networks as expected, according to results of the third-phase test of 5G technology.
Suzhou to hold Global AI Product Application Expo 2019 in May
The Global AI Product Application Expo 2019 (AI Expo 2019) will unfold in Suzhou Industrial Park in east China’s Jiangsu province during May 9-11 this year, with its first press conference held in Media Center, Beijing, on Friday.
Evergrande Health Industry (0708.HK) buys 51pct stake in NEVS for USD930 mln
Evergrande Health Industry Group Limited (0708.HK) announced on Tuesday to buy a 51-percent stake in National Electric Vehicle Sweden AB (NEVS) for 930 million U.S. dollars.
AI application to cover 90pct of enterprises in China by 2025
Utilization of Artificial Intelligence (AI) and cloud computing are expected to cover 90 percent of enterprises in China by 2025 on accelerating digitalization in the country’s manufacturing sector.
China to overcome hurdles in high-quality manufacturing development
At the annual Central Economic Work Conference in December, policymakers agreed to promote the integration of advanced manufacturing and modern service sector and build China into a quality manufacturer.
China accelerates network speed-up and fee cut to promote information consumption
China has been working on increasing Internet connection speeds and cutting service fees in high gear since the beginning of 2018 to promote growth of the information consumption.
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