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China produces more wind-generated electricity than solar

Image: Wind Investment Monitor 2019 – courtesy China Energy Portal By Charles F. Moreira, Editor Having reported on China’s solar electricity generation initiatives and facilities, Enterprise Trade Views now takes a look at China’s wind-generated electricity initiatives and we find that more electricity in China is generated from wind than solar. According to 2018 electricity […]

Mobile internet penetration brings about ‘awakening’ in China, investor says

The desire for self-expression through the mobile internet is no longer just limited to China’s major cities, according to investor Richard Liu of Morningside Venture Capital. Subscribers in the country’s so-called lower tier regions are demanding more from their mobile experience, he said at an investment conference in Hong Kong. Read the full story at […]

Tencent profit dives, hit by government gaming freeze

Gaming giant Tencent Holdings, Asia’s second-most valuable listed firm, on Thursday reported a sharper-than-expected 32 percent dive of net profit in the fourth quarter. The net profit was reduced to 14.2 billion yuan (US$2.1 billion) after gaming revenue came under pressure following a regulatory freeze last year. Read the full story at https://www.shine.cn/biz/tech/1903211642/ SOURCE:Shine (1)

Xi stresses implementation of rural revitalization strategy

Chinese President Xi Jinping on Friday called for more efforts to implement the rural revitalization strategy with the chief goal to modernise agriculture and rural areas. “The top task for implementing the rural revitalization strategy is to ensure supply of important farm produce, grain in particular,” said Xi, also general secretary of the Communist Party […]

China’s spending on R&D rises to 2.18% of GDP

China’s spending on research and development increased to 2.18 percent of its GDP last year, up by 0.06 percentage points, according to the National Bureau of Statistics. China spent over 1.96 trillion yuan (US$293 billion) on R&D in 2018, up 11.6 percent compared with that in 2017, according to the NBS. The number of patent […]

Tmall to become beauty hub after inviting hundreds of brands to open stores

Alibaba’s Tmall said it expects to introduce as many as 1,000 international and domestic cosmetics brands on its platform this year to meet Chinese consumers’ desire for varied products. At its annual beauty summit, Tmall announced that seven international cosmetics companies — Tom Ford, Glamglow, P&G’s new beauty line Oriental Therapy, Cosme and d-program from […]

VMware’s 5G-ready cloud platform powers Vodafone networks in 15 countries

VMware announced that Vodafone is expanding its footprint of VMware’s cloud infrastructure to power its network and to capture operational agility and cost efficiency at scale. VMware is Vodafone’s primary strategic partner for telco cloud infrastructure services. VMware’s services are in use across Vodafone’s operating markets around the world; they are live in 15 countries, in more than […]

Expanded free trade zone to have global influence

Shanghai will coordinate with state-level authorities to draft and implement plans for an expansion of the city’s free trade zone as one of the city government’s top priorities for the first quarter, Mayor Ying Yong. Companies in the new area will be given preferential policies to conduct offshore trading, offshore financing and digital trading. The […]

China sees steady trade growth in 2019

China’s foreign trade in goods surged faster than expected to a record high last year and the outlook remains positive against a backdrop of further opening-up and supportive government policies, the Ministry of Commerce said on Tuesday. China, the world’s second largest economy, is the world’s largest trader in goods and total imports and exports […]

Singapore is building a city in China for up to 500,000 people

CNBC’s Uptin Saiidi visits Sino-Singapore Guangzhou Knowledge City, a joint partnership between China and Singapore which aims to convert farmlands into a modern-day city. SOURCE: CNBC (12)

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