Business
The number of valid invention patents in China's strategic emerging industries had exceeded 1.3 million by the end of 2024, with a year-on-year growth of 15.7 percent, the China National Intellectual Property Administration (CNIPA) said Friday.
TikTok, along with Douyin, becomes first app to hit 6 bln USD in annual in-app purchase revenue2025-02-25
TikTok, along with its Chinese counterpart Douyin, has become the first non-gaming app to surpass 6 billion U.S. dollars in annual in-app purchase (IAP) revenue, according to a report by app intelligence firm Sensor Tower.
Construction of new nuclear power reactor starts in south China2025-02-25
The construction of a new reactor forming part of a nuclear power project in the city of Lufeng in south China's Guangdong Province began on Monday, according to China General Nuclear Power Group (CGN).
China's tech hub Shenzhen to launch 10 bln yuan fund to accelerate AI industry growth2025-02-25
The south China tech hub of Shenzhen will launch a 10 billion yuan (about 1.39 billion U.S. dollars) industry fund to support the development of artificial intelligence (AI) and robotics, focusing on AI software, hardware and embodied intelligence, local authorities said Sunday.
Chinese private firms make progress in 2024 foreign trade2025-02-25
China's private enterprises remained the leading category of foreign trade operators in the country for a sixth straight year, making notable achievements in foreign trade in 2024, according to the General Administration of Customs.
Shanghai rolls out three-year plan to promote tourism2025-02-25
East China's Shanghai Municipality has introduced a three-year action plan starting in 2025 to promote the high-quality development of the city's tourism industry.
Alibaba to invest 53 billion USD in cloud, AI infrastructure in next 3 years2025-02-24
Alibaba announced on Monday that it will invest more than 380 billion yuan (about 53 billion U.S. dollars) in building cloud and AI hardware infrastructure in the next three years.
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