Alibaba tops rivals Baidu and Tencent in digital ad spending in China this year, with the online retailing giant expected to rake in around $16.04 billion from its digital marketing endeavors, which is around 31.9 percent or one-third of the national figure.
China is set to outdo itself in deep-sea exploration through its plans to build a deep-sea laboratory, in what emerges as an impressive follow-up to its current undersea submersible “Jiaolong.” The undersea lab station is planned to hold up to 12 people and last for months underwater.
It looks like China is showing no signs of backing down as far as military enhancements are concerned, as the China Aerospace Science and Industry Corp. revealed that the world’s second-largest economy is developing military drones capable of evading anti-aircraft weapons.
Chinese smartphone maker OPPO is all set to launch selfie-centric smartphones, preferably the F3 and F3 Plus, which were recently spotted in promotional ads at retail stores in the Philippines.
Samsung has officially released another flagship under the “C” series. The latest Galaxy C5 Pro smartphone went available for pre-orders in the company’s Chinese website at 2499 yuan (Ra 24,000 approx).
With the slowdown in China’s economic growth and the glacial pace of reforms, citizens are wary of the country’s future. Recent surveys indicate the the rise in the manufacturing of robots designed for the workplace are causing distress among workers, according to a report by the Asia Times.
The plans of Beijing in creating national champions in 10 high-tech manufacturing sectors by 2025 have come under fire from the EU Chamber of Commerce, as European businesses fear that Chinese producers will swamp the whole industry.
Despite Amazon having entered China more than a decade ago, it has struggled to make its mark in one of the largest online retail markets in the world.
Global car firms expressed their great faith in the Chinese market and the potential of Chinese carmakers as the 87th Geneva International Auto Show opened its doors to the public on March 9.
Alibaba-backed digital payments firm PayTM has raised its valuation to more than $4 billion after Reliance Capital sold its 1 percent stake to Alibaba for Rs 275 crore ($41.25 million), the Hindustan Times reported.
China is preparing a facility to store lunar rock and dust samples brought back by its space missions, similar to the Johnson Space Center's lunar sample building of NASA.
According to a leading nuclear industry executive, China is capable of mass producing its third-generation Hualong One reactor, the latest "business card" of the country.
Lakala Payment Co. Ltd., one of the country’s earliest online payment providers, filed a prospectus for an initial public offering (IPO) on the Shenzhen stock market. Its move could make the company the first among its peers to list in China.
The service operators of China Mobile will eliminate long-distance and domestic roaming call charges as data services become their major source of revenue.
Alibaba founder and chairman Jack Ma has for the first time called directly for the Chinese government to intensify its fight against counterfeiting, blaming paltry penalties and lax laws for the scourge of fake goods.
Ancient Taiyuan County, which dates back to Ming Dynasty (A.D. 1368-1644), begins to take shape with efforts to restore relics to what they were like around 600 years ago.