From Long Hours to Launching Out: China’s Tech Exodus Fuels Entrepreneurial Boom

Li Jing’s story reflects a growing trend in China’s tech industry. Once a dedicated employee at a major tech firm, she worked long hours six days a week. Li eventually reached her limit. After a grueling period working until 11pm every night, she fainted at the office. This shift in China’s tech industry is driving … Read more

China Completes Crew Handover on Space Station, Ushering in New Era of Scientific Exploration

Three astronauts from China’s Shenzhou-18 mission docked with the space station today, starting a new phase of scientific exploration. The Shenzhou-18 crew handover and new space experiments, led by Ye Guangfu, were greeted by Shenzhou-17 astronauts at 5:04 am Beijing Time. This meeting marks the fourth in-orbit crew handover for China’s space station. The six … Read more

China’s Sinking Coastal Cities: An Alarming Reality

A new study paints a concerning picture for China’s sinking coastal cities. The research reveals that factors like groundwater extraction and building weight are causing these cities to sink rapidly. This subsidence, coupled with rising sea levels, threatens to put hundreds of millions at risk of flooding within the next century. Groundbreaking Research and Methodology … Read more

China’s economic growth came in higher than predicted at 5.3% for the first quarter, suggesting an improving economic climate

China’s economic performance in the first quarter of 2024 surpassed expectations, with GDP growth reaching 5.3%. This positive momentum puts the country on track to achieve its annual target of around 5% growth, despite ongoing headwinds. Economists polled by Wind had previously predicted a more modest increase of 4.9%. This stronger-than-anticipated performance underscores a pick-up … Read more

Singapore’s Tech Odyssey: Deputy PM Explores Shenzhen’s Innovation Frontier

Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies, Heng Swee Keat, spearheaded a delegation of around 30 members on a significant voyage to Shenzhen, China’s dynamic tech hub, on Tuesday. In a meticulously planned itinerary, the delegation embarked on a journey through the technological frontiers of Shenzhen, paying visits to a constellation of … Read more

Shenzhen’s Robotics Industry Gears Up: Surge in New Companies and Innovation

The recently released 2023 Shenzhen Robotics Industry Development White Paper, compiled by the Shenzhen Robotics Association, paints a picture of a burgeoning robotics sector in the southern Chinese metropolis. A staggering 10,408 new robotics companies registered in the city last year, representing a robust 19.62% year-on-year increase. This surge in new players is geographically concentrated, … Read more

Shenzhen’s Cross-Border E-Commerce Booms, Surpassing 110 Billion Yuan in Q1

Shenzhen, a leading force in China’s cross-border e-commerce landscape, has shattered records in the first quarter of 2024. The city’s import and export volume in this sector surpassed a staggering 110 billion yuan (US$15.2 billion), marking a year-on-year surge of over 95%. This impressive figure not only sets a new high for Q1 but also … Read more

Signs of Life in China’s Housing Market: Pre-Owned Homes Lead the Recovery

Early signs of a turnaround are emerging in China’s property market, with the pre-owned homes sector showing particular promise. Data for the first two months of 2024 paints a picture of a market cautiously regaining its footing, fueled by a combination of government stimulus measures and a rise in available listings. Year-on-year sales of pre-owned … Read more

New Technique Unveils Face and Potential Cause of Death for Ancient Chinese Emperor

Chinese archaeologists have peered through the mists of time, utilizing a groundbreaking DNA analysis technique to reconstruct the face of Emperor Wu of the Northern Zhou dynasty. This emperor, who ruled until his untimely death in 578 AD at the young age of 36, has long been shrouded in mystery, particularly regarding the cause of … Read more

Hengqin Unveils Sweeping Measures to Ignite Tech Innovation

The Guangdong Macao In-Depth Cooperation Zone in Hengqin has taken a bold step to become a hotbed for technological innovation. They recently unveiled a comprehensive package of “Several Measures for Promoting Technological Innovation Development in the Cooperation Zone,” outlining 22 initiatives designed to supercharge tech advancement across six key areas. These measures prioritize collaboration. Hengqin … Read more