A company located in a high-tech industrial park in Shenzhen, Guangdong Province, is aiming to bring big changes to the world by enabling machines to have perceptions similar to human, by making use of 3-D sensing and artificial intelligence (AI) technologies, China Daily reported.
Japanese electronics giants such as Sony, Panasonic, Toshiba, Sharp, Sanyo and Hitachi have reportedly been hurt by the rise of home-grown Chinese home appliance makers such as Haier Group, TCL Corp. and Hisense Group. This competition has pushed Japanese companies into areas like high-end intelligent home appliances, business-to-business activities, construction, nuclear power, housing, automobiles, startup incubation and Internet of vehicles.
Gift cards remain a popular choice for Americans who are not good at picking appropriate presents, have little time to shop or are last-minute consumers.
A new survey revealed that peer-to-peer lending is now China's third most popular choice for investments of less than 500,000 yuan ($77,150), China Daily reported.
Healthcare firms in the country are looking at the huge potential market as 243 million people in China will reach 60 years or older by 2020, increasing the requirement for specialist healthcare services, China Daily reported.
Seven years after the melamine-tainted milk scandal erupted in China, the demand for imported infant milk is still high. This demand is being met through cross-border e-commerce platforms.
China and Australia are seen to gain benefits as the historic free trade agreement (FTA) between the countries officially entered into force on Sunday, Dec. 20, giving competitive advantages for exporters and investors from both ends, the Xinhua News Agency reported.
Chinese steel pipe manufacturer Jiangsu Yulong Group led the groundbreaking ceremony on Wednesday, Dec. 16, for a large-scale factory in Nigeria's Lagos Lekki Free Trade Zone. The event was attended by Nigerian government officials, Chinese envoys and representatives from private companies.
Culture and creative industries in China will have strong growth potential if the government would ensure intellectual property protections for them, Pony Ma, co-founder and chief executive of Chinese Internet giant Tencent Holdings, said.
Prime ministers from Shanghai Cooperation Organization (SCO) member states have agreed to take infrastructure construction a priority project for cooperation, China Daily reported.
Frigo Underwear Company has witnesses who will testify that Derek Jeter reneged from his fiduciary duties because he thinks the underwear line marketing is "too urban" and "too gay". On the other hand, Jeter rectifies such discriminatory claims as "categorically false".
Former hedge fund manager Marti Shkreli was arrested by federal agents on Thursday morning. However, the arrest was not because of drug price-gouging which Shkreli has become notorious when he jacked up the price of a cancer drug by 5,000 percent.
The Communist Party of China (CPC) presented on Monday, Dec. 14, its major economic tasks for 2016, the first year of the country's 13th Five-Year Plan, the Xinhua News Agency reported.
IBM has announced the launching of the new global headquarters its Watson Internet of things (IoT) business unit in Munich, Germany.
