Shenzhen Post 
China’s recent Spring Festival holiday witnessed a remarkable resurgence in travel, marking a 280% surge compared to the previous year with 13.52 million inbound and outbound trips. This translates to a daily average of 1.69 million journeys, bringing travel close to 90% of pre-pandemic levels. While the tradition of family reunions remains deeply ingrained, with … Read more
Shenzhen is surging ahead in the race for new listings. As of January 31st, 2024, 58 companies from the city had filed IPO applications, outpacing major competitors like Shanghai and Beijing. This puts Shenzhen in the driver’s seat for 2024, despite a significant drop in applications since stricter regulations were implemented in August 2023. However, … Read more
Scientists may have finally cracked a decades-old challenge in converting harmful carbon dioxide (CO2) into valuable chemicals while tackling climate change. Existing systems struggled to operate for sustained periods, limiting their practicality. Researchers at Huazhong University of Science and Technology (HUST) developed an electrolysis system that converts CO2 into formic acid with over 93% efficiency, … Read more
Chinese scientists have achieved a potentially groundbreaking feat: predicting a patient’s risk of dementia up to 15 years before symptoms appear. This breakthrough involves analyzing blood samples and leveraging the power of artificial intelligence. Using a massive database of over 50,000 people, researchers pinpointed proteins linked to various dementia types. An AI model was trained to … Read more
Beijing welcomed a staggering 17.4 million visitors during the recent eight-day Spring Festival holiday, a 37.4% increase compared to last year, according to the city’s tourism bureau. This influx led to a 40.6% jump in tourism revenue, reaching an impressive 28.65 billion yuan (about $4 billion). Traditional temple fairs were a major draw, attracting over 5.16 million … Read more
China’s intellectual property landscape is booming, with the number of high-value invention patents exceeding 1.66 million by the end of 2023. This represents a 25.7% increase year-on-year, showcasing the country’s growing commitment to innovation. This surge translates to an average of 11.8 high-value invention patents per 10,000 people nationwide, demonstrating the widespread impact of innovation … Read more
China continues to dominate the global market for new energy vehicles (NEVs), accounting for a staggering 63.5% of all sales in 2023. This represents a significant jump from the previous year, with China selling a whopping 8.87 million NEVs – an impressive 37% increase. NEV penetration within China itself is also soaring, reaching nearly 30% … Read more
Zhang Yiming, the billionaire behind TikTok’s parent company ByteDance, has reportedly requested the removal of a stone tablet erected in his honor in his home village. Images of the tablet, dedicated to the 40-year-old entrepreneur, surfaced online during the Lunar New Year holiday, sparking speculation about its removal. Installed in late 2022, it commemorated Zhang’s … Read more
BUSAN, South Korea – The Chinese women’s table tennis team started their title defense with a hard-fought 3-2 victory over India at the ITTF World Team Table Tennis Championships Finals. Despite dropping the first two matches, China rallied to secure the win and avoid an upset. World No. 155 Ayhika Mukherjee stunned everyone by defeating … Read more
Moviegoers flocked to theaters during China’s Spring Festival holiday, pushing box office revenue past 7 billion yuan ($985 million), statistics revealed Friday. This lucrative eight-day period, ending Saturday, saw 142 million tickets sold, according to Maoyan, a film data platform. Chinese films dominated the scene, with the comedy “YOLO” leading the pack. This story of … Read more