China has pledged to accelerate its efforts to surpass the US in advanced technologies from artificial intelligence (AI) to robotics by wooing overseas talent and venture capital investment. The government will do more to implement…
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Beijing sets softer growth target with eye on financial risks and economic restructuring
Beijing has set a lower economic growth target for this year than the 6.9 per cent achieved last year as it keeps an eye on global trade uncertainties and long-term financial risks and seeks new…
Telefónica, China Unicom partner in IoT
Madrid – Telefónica and China Unicom have signed an agreement in the field of Internet of Things (IoT). Under the partnership the two companies will have access to each other networks and deploy their IoT…
China phone users to get major tariff cut on Internet
China Mobile and China Unicom, two prominent telecom operators in China, will offer more free Internet access, reduce mobile data tariffs, enhance network speed, etc. as part of their strategy to meet a Government direction.…
China Unicom expects 178-pct surge in 2017 net profit
Chinese telecom giant China Unicom expects its net profit in 2017 to surge 177.6 percent due to primary business growth, according to a company statement. Net profit attributable to shareholders was estimated at 430 million…
U.S. Navy carrier in Vietnam puts China on notice
DANANG, Vietnam — For the first time since the Vietnam War, a U.S. Navy aircraft carrier is paying a visit to a Vietnamese port, seeking to bolster both countries’ efforts to stem expansionism by China…
China sets ambitious growth target, promises steel cuts
BEIJING — China’s top economic official set a robust growth target Monday and promised more market opening and cuts in a bloated steel industry that has inflamed trade tensions with Washington and Europe. The growth…
China Unicom and Telefónica create IoT network union
China Unicom and Telefónica are to combine their services and networks in the internet of things (IoT) to accelerate deployment around the world. The companies said that, under the partnership, which was signed in Madrid,…
Chinese Animation Streaming Platform Bilibili Heads for U.S. IPO
The company aims to raise some $400 million in fresh capital. The disclosure comes only days after iQIYI, one of China’s leading video streamers, revealed details of its IPO on the NASDAQ exchange. In its…
‘Make China medieval again’: Beijing finalizes its push to let President Xi rule indefinitely
BEIJING — China’s government pledged Monday to deliver robust growth, pursue advanced technology and boost military spending while urging the public to embrace President Xi Jinping’s rule as its ceremonial legislature prepared for changes to…
China boosts defense spending, rattling its neighbors’ nerves
BEIJING (Reuters) – China unveiled its largest rise in defense spending in three years on Monday, setting a target of 8.1 percent growth for this year, fuelling an ambitious military modernization program and making its…
China pledges strong growth as Xi bids to rule indefinitely
The premier said Beijing will speed up state-led development of integrated circuits, mobile communications, aircraft engines, electric cars and other technology. China’s military spending, already the world’s second-highest behind the United States … ( read…
‘Beijing’s Silicon Valley’ offers express green cards for foreign spouses of top Chinese talent
Beijing is offering streamlined permanent residency for the foreign spouses and children of top-tier Chinese talent at the capital’s hi-tech hub as it tries to recruit skilled professionals. The benefits for workers at the Zhongguancun…
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