The future belongs to robots, and China’s Robot Revolution is determined to be at the forefront of this transformation. While companies like Tesla have grabbed headlines with humanoid robots, China’s state-backed push promises a tidal wave of robotic workers unlike anything the world has seen. China’s Ambitious Roadmap In November 2023, the Chinese government laid out a … Read more
Following China’s recent emphasis on developing “new quality productive forces” in its Government Work Report, Premier Li Qiang has urged a coordinated effort to promote the application of artificial intelligence (AI). This push for AI development comes after a series of visits by Li to key players in China’s technological landscape. Li’s remarks were made … Read more
Apple is further solidifying its presence in China by expanding its research and development (R&D) footprint. This move positions them to leverage the country’s manufacturing prowess and booming innovation scene to create even better products. The company isn’t alone in recognizing China’s growing appeal. Despite global economic uncertainties, China remains a magnet for foreign high-tech … Read more
China Southern Airlines is poised to take to the skies with a history-making flight! Buckle up for China’s longest international route yet, connecting the bustling metropolis of Shenzhen with the vibrant heart of Mexico City. This epic journey, featuring a convenient layover in Tijuana, will take its inaugural flight on April 17th. But the excitement … Read more
China’s auto industry kicked off 2024 with positive momentum, recording an 11.1% year-on-year increase in total vehicle sales to nearly 4.03 million units in the first two months, according to data from the China Association of Automobile Manufacturers (CAAM). This growth was mirrored in production, with auto output climbing 8.1% year-on-year to 3.92 million units … Read more
China is taking steps to address the growing issue of “invisible overtime,” where employees are expected to respond to work messages and handle tasks outside of regular working hours. This follows a recent Supreme Court ruling recognizing such work as compensable overtime. Lyu Guoquan, head of the trade union federation, proposed a legal framework for … Read more
A decade ago, President Xi Jinping hosted world leaders at the APEC summit in Beijing. Back then, the air quality in the Chinese capital was a source of concern, with clear skies nicknamed “APEC blue” seen as a temporary phenomenon. Xi assured those leaders of China’s commitment to environmental protection, promising the “APEC blue” would … Read more
As of March 8, 2024, Zhong Shanshan reigns supreme as China’s wealthiest individual, boasting a staggering net worth of 62.7 billion U.S. dollars. Following closely behind is Zhang Yiming with an estimated 43.4 billion, solidifying his position as the second richest person in the country. Colin Zheng Huang and William Ding round out the top … Read more
China, as evidenced by a recent government work report, has signaled a significant shift towards a more open and integrated economy. This report outlines a series of measures aimed at fostering a level playing field for foreign businesses by ensuring “national treatment” for foreign-funded enterprises, ultimately promoting mutual benefits. To achieve its goal of higher-standard … Read more
Science and technology has emerged as a top priority for China in 2024, with a significant 10% increase allocated to this sector in its annual budget. This translates to ¥379.8 billion (roughly US$52.7 billion), marking the largest percentage rise among all major government spending areas and a significant jump from last year’s modest 2% increase. … Read more