On June 29, the AI Town Innovation Conference of Beijing E-Town was held at the National Industrial Park for Information Technology Application and Innovation, releasing Beijing E-Town’s development …
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EU rebuffs threat of Beijing probe, stands by foreign subsidies law
The European Commission has dismissed China’s announcement that it could launch an investigation into the EU executive’s alleged misuse of anti-subsidy legislation, saying the framework fully respects …
Green light for autonomous vehicles: Beijing unveils biggest regulation in 5 years
In a draft regulation, the Beijing government is promising support for autonomous driving tech and greater use of collected user and mapping data.
India Issues Veiled Warning to China; Starts Investigation in Glass Fiber Imports
Understanding Glass Fiber and Its Uses. Glass fiber, also known as fiber glass, is a versatile material known for its strength, lightweight nature, and ability to be molded into v …
Alibaba’s Fintech Arm Ant Digital Expands Capital for Blockchain Push
Alibaba’s fintech arm, Ant Digital, increased funding for its blockchain subsidiaries by expanding its registered capital.
China’s central bank moves to address bond frenzy
China’s central bank plans to intervene directly in bond markets in a sign of officials’ growing discomfort with a rally that has pushed borrowing costs to the lowest level in two decades. The …
China to borrow treasury bonds from primary market to keep yields stable
China’s central bank, concerned about a decline in long-term bond yields, will borrow treasury bonds from primary market traders to maintain liquidity in the market.
CertiK Leverages Alibaba Cloud for Enhanced Blockchain Development in Asia
Blockchain security firm CertiK has partnered with Alibaba Cloud, the cloud computing subsidiary of Chinese e-commerce giant Alibaba.
Beijing provides online drug purchasing service for insured individuals
Following Shanghai and several cities in Guangdong province, Beijing has also begun to provide online drug purchase services through individual medical insurance accounts, covering 300 pharmacies city …
Structural Failure Causes Beijing Tianbing Rocket to Crash During Test
A rocket stage from Beijing Tianbing Technology’s Tianlong-3 detached during a test and landed in a hilly area without casualties.
Beijing eases mainland China entry with new five-year visa for Hong Kong, Macau residents
China simplifies mainland entry for long-term Hong Kong and Macau residents, new visa policy enhances cross-border travel for expats …
China’s CCB cuts pay of headquarters staff by at least 10%, sources say
China Construction Bank Corp (CCB) , the nation’s second-largest commercial bank by assets, has asked employees at its headquarters to take a pay cut of at least 10%, two sources with knowledge of the …
NewsBriefs – Ant Group boosts blockchain subsidiary capital amid China’s crypto restrictions
Ant Digital Technologies, the blockchain division of Alibaba’s Ant Group, has significantly increased the registered capital of its subsidiaries, Ant Blockchain Technology (Shanghai) and Ant Chain …