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  • China’s Jiangxi opens 40,581 5G base stations by end of Aug.

    East China's Jiangxi Province has put a total of 40,581 5G base stations into operation by the end of August this year, reported recently.


  • Revenue of China's internet enterprises hikes 27.8 pct y-o-y in January-April

    The combined business revenue of China's internet enterprises above designated scale increased 27.8 percent year on year to 467.6 billion yuan in the first four months of the year, official data showed recently.


  • C. China's Hubei to build 35,000 5G base stations in 2021

    Central China's Hubei Province plans to invest a total of 7.1 billion yuan in building more than 35,000 5G base stations in 2021, expecting to achieve 66,000 stations in total, local authorities revealed on Tuesday.


  • China bans fixed-term deposits for banks via third-party Internet platforms

    Commercial banks in China have been barred from conducting fixed-term deposit and term-current optional deposit business on third-party Internet platforms, according to a regulation published Friday.


  • Tencent reports 29 pct revenue growth in Q2

    China's internet giant Tencent on Wednesday posted a 29 percent year-on-year revenue growth in the second quarter (Q2), raking in around 114.88 billion yuan (about 16 billion U.S. dollars).


  • China's new economic drivers maintain growth in Q1

    China's new economic drivers such as the internet, 5G, artificial intelligence, and Internet of Things have maintained growth in the first quarter of this year, Huang Libin, spokesperson of the Ministry of Industry and Information Technology (MIIT) told a press briefing on Thursday.


  • Xiaomi becomes China's top TV brand

    Xiaomi Corp., a Chinese electronics company, became the number one brand of TV sets in terms of annual output in the world's second-largest economy last year.


  • Internet-related industries in China usher in new dev. amid coronavirus outbreak

    Internet-related industries such as e-commerce, short video, and online medical service are expected to usher in new development amid the novel coronavirus (2019-nCov) outbreak, according to Peng Bo, chair professor at Peking University.


  • Farmers demand fast Internet in the fields

    Farmers in the Eastern German state of Saxony-Anhalt have called on politicians not to forget rural areas when expanding the 5G data network.


  • Across China: Internet energizes development of traditional Chinese medicine

    With the arrival of the "Double 12" online shopping festival on Dec. 12 in China, black sesame pills and other innovative Chinese medicine of Huqingyutang, a centuries-old pharmacy, are selling like hotcakes in its official store on the shopping website Tmall.


  • China's internet firms post double-digit growths in revenue, profits

    China's internet and related services sectors have maintained rapid expansion in the first 10 months, displaying enhanced profitability, official data showed.


  • World Internet Conference offers glimpse into future of cyberspace

    The sixth World Internet Conference concluded Tuesday in the river town of Wuzhen in eastern China's Zhejiang Province, offering a glimpse into the future development of cyberspace.


  • China Focus: Concerted efforts urged to better protect minors online

     Governments, societies and businesses were urged to make joint efforts to ensure a better environment for the vast number of underage internet users.


  • Baidu reports strong traffic growth

    Chinese tech giant Baidu posted strong traffic growth on its platforms in the second quarter (Q2) of the year as the company steps up investment in building a mobile ecosystem.


  • Sina Weibo net revenue edges up in Q2

    Chinese social media giant Sina Weibo reported net revenue of 431.8 million U.S. dollars in the second quarter of 2019, up one percent year on year, according to the company's unaudited financial results posted Monday.


  • Tencent posts 21 pct revenue growth in Q2

    China's internet giant Tencent on Wednesday reported strong second-quarter earnings, with revenue reaching 88.8 billion yuan (about 12.7 billion U.S. dollars), up 21 percent year on year.


  • Internet economy, a key contributor to China's new economic driver

    As a main aspect of the digital economy, Internet economy has become a key engine for China's new economic driver, official data showed.


  • Market value of China's listed internet companies reach 9.75 tln yuan

    The total market value of China's listed internet companies was 9.75 trillion yuan (about 1.41 trillion U.S. dollars) by the end of June, a quarter-on-quarter decline of 4.3 percent, according to a report released by the China Academy of Information and Communications Technology.


  • China's mobile phone shipment down 6.3 pct in June

    China's mobile phone shipments decreased 6.3 percent to 34.31 million units in June, according to a report by the China Academy of Information and Communications Technology (CAICT).


  • China's Internet industry sees inv't and financing hit USD69.7 bln in 2018

    China's Internet economy saw increased investment and financing in 2018, with 2,685 investment and financing cases, an increase of 107.2 percent compared with that of 2017, according to a research report released by Internet Society of China.


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