Shenzhen, June 25, 2024 – The south gate wall of Dapeng Fortress, a Ming Dynasty (1368-1644) walled village in Shenzhen, South China’s Guangdong Province, recently collapsed due to continuous heavy rain, according to an announcement by the general office of the site in the city’s Dapeng New District. The collapse, which occurred on Saturday, was … Read more
Paris, June 25, 2024 – Beloved Chinese characters like Fan Xian from Joy of Life, Ye Xiu from The King’s Avatar, and Klein Moretti from Lord of Mysteries are set to undergo a stunning transformation and become part of a range of derivative products, including trading cards, under the new Yuewen IP in Paris Initiative. … Read more
China is poised to implement stricter measures in response to a rise in juvenile crime. As part of China’s Stricter Penalties for Violent Juvenile Crimes, a draft amendment to the Criminal Law, currently under review by the National People’s Congress (NPC) Standing Committee, proposes a two-pronged approach: lowering the age of criminal responsibility and expanding … Read more
Xiaomi’s Revenue Growth and Smartphone Sales exceeded expectations with a 27% year-over-year increase in the first quarter of 2024, driven by a 33% jump in smartphone sales, reflecting a global recovery in handset shipments. The company’s total revenue reached 75.5 billion yuan (US$10.5 billion) during the quarter, exceeding the 73.5 billion yuan analysts had anticipated. … Read more
Chinese chipmaker SMIC has achieved a significant milestone, ranking as the world’s third-largest foundry by sales in the first quarter of 2024. SMIC Achieves Milestone as World’s Third-Largest Foundry against the backdrop of ongoing US trade restrictions. The Shanghai-based company captured 6% of the global chip foundry market share according to a report by tech research firm Counterpoint. Industry leaders TSMC of Taiwan and … Read more
A significant breakthrough in battery technology has emerged from China. Scientists have unveiled a water-based battery with nearly double the energy density of lithium-ion batteries. This innovation, detailed in a recent study in Nature Energy, could revolutionize the electric vehicle industry. It may also expand applications for large-scale energy storage. The challenge of battery safety … Read more
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
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 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 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