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China on the way to world auto power

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By David Cao
David Cao
01 May 2017
Hits: 1280

China on the way to world auto power

China is set to build a globally competitive automotive industry within 10 years, with new energy vehicles and smart, internet-connected cars taking the lead worldwide, according to an industry guideline released on Tuesday.

Among other goals, it expects sales of electric, plug-in hybrids and fuel cell cars in the nation to reach 2 million by 2020, and such cars are to account for 20 percent of all auto sales by 2025.

Half of new cars in China will feature some driving assistance and low-level autonomous driving functions by 2020, and the number is expected to rise to 80 percent in 2025.

Read more: China on the way to world auto power

Didi, China's top car-hailing service expends to bike-sharing

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By David Cao
David Cao
01 May 2017
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On-demand mobility company Didi Chuxing has added a bike-sharing service from ofo, and will promote it across China.

Didi users will have direct access to ofo's bright yellow bikes in the app through fully connected services in registration, user authentication, deposit, ride payment, and customer support, according to a Didi press release Thursday.

Didi, China's leading car-hailing service, which boasts over 20 million daily orders, made a strategic investment in ofo, one of the country's top bike-sharing services, in September 2016.

The product linkup is a major step towards more extensive collaboration in shared mobility, according to the press release.

Top 5 smartphone brands in China Q1 2017

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By David Cao
David Cao
24 April 2017
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Huawei has retained its title of selling the most smartphones in China during the first quarter of this year, according to an industry report.

Samsung dropped out of the top five, accounting for just 5.9 percent of sales in China in the first three months. Apple ranked fourth, according to figures released by mobile data provider Jiguang.

Analysts predicted competition would ramp up as the country's smartphone market becomes saturated. Product updates and replacements will replace sales of new phones as the market's driving force.

Read more: Top 5 smartphone brands in China Q1 2017

Baidu cooperate with BAIC Motor on Self-driving Car

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By David Cao
David Cao
07 January 2017
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Baidu cooperate with BAIC Motor on Self-driving Car

Chinese internet giant Baidu has announced a strategic partnership with automobile manufacturers BAIC Motor to expand the smart vehicle sector at CES 2017

Baidu's autonomous driving research and development arm, Baidu Intelligent Vehicle, will work with BAIC on two key projects.

They plan to launch a car model driven by Baidu's telematics solutions in the first half of this year and road test the BAIC's limited self-driving cars by the end of this year.

Read more: Baidu cooperate with BAIC Motor on Self-driving Car

OPPO plans $216m industrial park in India

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By David Cao
David Cao
28 December 2016
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OPPO plans $216m industrial park in India

Chinese smartphone maker OPPO is planning to invest 1.5 billion yuan ($216 million) to build an industrial park in India, with a goal of producing 100 million units per year, Sina Tech reported Wednesday.

The park, spread over 1,000 acres in northern city Greater Noida, will include a manufacturing factory, OPPO Vice-President and OPPO India President Sky Li said, adding the project will be built in separate stages, and is expected to be finished in two to three years.

Read more: OPPO plans $216m industrial park in India

More Articles …

  1. Didi to replace old Uber China app
  2. China to offer commercial 5G service by 2020
  3. Alibaba Group Generated RMB 120.7 Billion (USD 17.8 Billion) of GMV on 2016 11.11 Global Shopping Festival
  4. Chinese company recalls products linked to US DDOS attack
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Page 20 of 126

Banking

  • China's Gold VAT trade reform aims to tax free for investment
  • China's digital RMB transactions top 14.2 trillion yuan
  • Renminbi asset appeal spurs dim sum bond market
  • UnionPay International Expands European Footprint with Strategic Partnerships and Enhanced Payment Network
  • China T-bond move seen safeguarding financial stability

Real Estate

  • 21 Chinese cities tighten Real Estate Policy
  • LANZHOU NEW AREA new ghost town in China
  • Chinese invest $110 billion in US real estate
  • China's listed real estate companies post $461b of inventories for 2015
  • Beijing eases restrictions on foreigners buying apartments

Society

  • China NIA: Average daily inbound and outbound passenger volume to increase 14.1% during Chinese New Year
  • China U23 team's historic breakthrough
  • China's New railway timetable enhanced connectivity nationwide
  • Yiwu's Factory flaw “sad horse" toys go viral on Chinese Internet
  • From plateau to hard drives: documentary tests NAS technology

Manufacturing

  • China-made C919 transports 5 million passengers in past 3 years
  • China's large drone FP-985 completes pioneering plateau logistics flight
  • China's NEV output tops 16 million units as exports double
  • World's first methanol dual-fuel VLCC "Kaituo" delivered in Dalian
  • China's superconducting quantum prototype 'Zuchongzhi 3.2' achieves key breakthrough

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