China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments service Alipay launched five years later, before regulators said such businesses would be allowed. Both long shots grew to dominate their industries. Ma’s latest […]
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China will double down on its national 5G rollout by building at least 600,000 new base stations in 2021 in efforts to bolster its economy and meet customer complaints regarding spotty coverage, Xiao Yaqing, the Head of China’s Ministry of Industry and Information Technology (MIIT) said during a conference. The Minister highlighted the need to […]
China’s market regulator on Thursday fined JD.com Inc., a unit of Alibaba Group and a third e-commerce outlet on charges of misreporting prices and other offenses amid a campaign to tighten official control over the booming industry. The ruling Communist Party encourages e-commerce and other online industries but worries about the dominance of major competitors. […]
A drone has been converted into a flying flamethrower in central China in a fiery campaign to eradicate more than 100 wasp nests. Blue Sky Rescue, a volunteer group that conducts search and rescue and other emergency work, have teamed up with villagers in Zhong county near the city of Chongqing. They raised 80,000 yuan […]
In an attempt to ease up travel and recover from the pandemic, Chinese President Xi Jinping called for a “global mechanism” that utilizes QR codes to open up international travel. Jinping commented that China needs to “further harmonize policies and standards and establish ‘fast tracks’ to facilitate the orderly flow of people.” The QR codes […]
China continues to take giant leaps forward, as its largest telecoms operator, China Mobile, added a whopping 15.2 million 5G subscribers in October alone, according to a statement published by the telco. The statement highlighted that it ended the month with a total of 128.8 million 5G subscribers, compared to 6.7 million at the beginning […]
The chairman and CEO of e-commerce giant Alibaba Group praised Chinese regulators Monday in a possible attempt to repair ties after the stock market debut of its former financial services arm was suspended following criticism of them by billionaire Alibaba founder Jack Ma. Beijing’s announcement of proposed guidelines to enforce anti-competition law against internet companies […]
As contracts, partnerships, and collaborations are being signed left, right and center by telecoms operators around the world for the swift rollout of 5G networks, China is looking a step further. China has successfully launched what has been described as “the world’s first 6G satellite” into space to test the technology, going into orbit alongside […]
China’s ruling Communist Party has drawn a roadmap that will take the country to the forefront of global innovation for the next decade, as it plans heavy investments within major technological and scientific projects. “The country will pursue innovation-driven development and implement a number of strategic projects in the fields of artificial intelligence, quantum information, […]
A team of researchers from Tsinghua University in affiliation with CapitalBio, have developed high-tech mobile labs equipped with advanced medical and communication technologies. The latest innovation will be hitting the streets of South China’s Zhuhai with orders coming in from Shenyang and Qingdao. Among the worst aspects of testing – besides having a 6-inch swab […]