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5G ambulance offers efficient help in treating China earthquake victims

An ambulance equipped with 5G wireless technology proved an efficient helping hand in treating victims of the earthquake that hit southwest China’s Sichuan Province. On Tuesday evening, as a victim severely injured in the quake was receiving treatment in an ambulance in Changning County, high-definition images of the patient’s ultrasound scan were transmitted in real […]

US ban will not affect Huawei’s 5G products

Huawei founder Ren Zhengfei on Tuesday shrugged off US attempts to block his company’s global ambitions, saying the United States underestimates the telecom giant’s strength. Ren spoke to Chinese media days after President Donald Trump issued orders aimed at thwarting Huawei’s business in the United States, the latest salvo in a campaign to stop the […]

Silk Road 3.0

China is revising its flagship overseas infrastructure spending plan after criticism. Christopher Beddor explains to Pete Sweeney what the next version of the Belt and Road initiative will look like. SOURCE: Reuters (7)

China UnionPay expands business partnership along Belt and Road

China UnionPay’s international business arm has teamed up with Belt and Road Initiative countries in a bid to build an interconnected payment network within the region and support personnel exchanges. UnionPay International signed agreements with five mainstream institutions from Indonesia, Laos, Thailand, the UAE and Uzbekistan in Beijing to boost cooperation in traditional and digital […]

China’s tax cut benefits more

China’s continued efforts to reduce taxes have benefited more businesses and individuals, an official said. New tax cuts saved 341.1 billion yuan (around US$50 billion) for tax payers in the January-March period, Cai Zili with the State Taxation Administration said Tuesday at a press conference. Cai said the cut was more inclusive and sharper than […]

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 (5)

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 […]

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