Profits of China's major industrial firms increased 4.3 percent year on year in the first quarter of the year, official data showed Saturday.
China launches 504-qubit quantum chip, open to global users2024-04-26
The Center for Excellence in Quantum Information and Quantum Physics under the Chinese Academy of Sciences (CAS) has delivered a 504-qubit superconducting quantum computing chip to QuantumCTek Co., Ltd., a leading quantum company based in east China's Anhui Province, setting a record for the number of qubits in a superconducting quantum chip in China, QuantumCTek said on Thursday.
PBOC may up bond trading2024-04-25
China's central bank will likely increase the trading of government bonds as a liquidity management tool, yet such a move should not be misunderstood as quantitative easing, officials and experts said.
Industrial robot makers gear up for global expansion2024-04-25
At a factory of Sino-Japanese joint venture Dongfeng Honda in Wuhan, Hubei province, over 300 Chinese-made industrial robots weld, shape, fasten and transform raw materials into the contours of a vehicle's body. The process takes a mere 43 seconds, and reduces the exposure of human operators to high temperatures and risks from arc welding.