Chinese EV makers step in global expansion

HiPhi debuted in Beijing Auto Show 2020

The Ministry of Industry and Information Technology, China's top industry regulator, said in an exclusive interview with China Daily that it will step up efforts to encourage Chinese new energy vehicle enterprises to accelerate overseas development, warning that the restrictive measures imposed by a "certain country and region" on Chinese electric cars will undermine interests of global consumers.

Read more: Chinese EV makers step in global expansion

Nubia releases new AI and foldable smartphone

Chinese smartphone manufacturer Nubia Technology unveiled three artificial intelligence-powered smartphones on Tuesday, in a bid to grab a bigger slice of the pie in the highly competitive handset market.

Read more: Nubia releases new AI and foldable smartphone

Alibaba returns to simple and agile structure

Jack Ma, co-founder of Chinese tech heavyweight Alibaba Group Holding Ltd, affirmed on Wednesday the courage Alibaba's new leadership team had to embrace new changes, saying the company has returned to a healthy growth track and will continue to innovate.

Read more: Alibaba returns to simple and agile structure

Huawei Harmony OS will lead China into a new era

According to Huawei's latest report, as of December 31, 2023, the number of HarmonyOS ecological devices has exceeded 800 million, the total number of developers has exceeded 2.2 million, students in 305 Chinese universities have participated in HarmonyOS activities, 135 Chinese universities have opened HarmonyOS campus public courses, 286 Chinese enterprises have participated in HarmonyOS ecological schools, and over 380000 developers have passed HarmonyOS certification. China's HarmonyOS ecosystem has officially formed.

Read more: Huawei Harmony OS will lead China into a new era

Xiaomi SU7 EV Surpass Apple Car

In the evening of March 28, Lei Jun officially released Xiaomi SU7 at the Xiaomi Auto Launch Conference, and announced the price of Xiaomi SU7 that affected the hearts of the entire Internet: Xiaomi SU7 is 215,900 CNY; Xiaomi SU7 Pro is 245,900 CNY; Xiaomi SU7 Max is 299,900 CNY. Lei Jun revealed after the press conference that 100,000 people added wishlists in one minute after the Xiaomi car press conference, and the number of orders exceeded 10,000 in four minutes. As of press time, it took 27 minutes to officially launch (at 22:00 on the 28th) and 50,000 units were booked with down payment.

Read more: Xiaomi SU7 EV Surpass Apple Car

EV to help China become leading vehicle export power

MG, short for Morris Garages, a vehicle brand owned by SAIC Motor Corporation Limited

Ships loaded with 10,000 MG4 electric vehicles left Shanghai's Haitong port for Europe on Tuesday, marking China's largest single shipment of EVs bound for overseas markets.

In the fourth quarter, the hatchback is expected to be sold in around 20 major nations on the continent. By 2023, it will be available in some 80 countries around the world, said SAIC President Wang Xiaoqiu on Tuesday at the model's launch ceremony in Shanghai.

Read more: EV to help China become leading vehicle export power

China's shipbuilding sector continues to top world market

On April 13, the Bacalhau floating production, storage, and offloading vessel hull and living building project (FPSO-8) built by DSIC, a subsidiary of China State Shipbuilding Corporation, successfully completed the docking!

Read more: China's shipbuilding sector continues to top world market

Bike-sharing boosts China' green goals

Meituan and Hallo shared bikes at Zhoujiazhuang North Road of Beijing on 16th Sep 2022.

China's popular bike-sharing is helping achieve the country's green goals as the pedaling activity contributes to carbon reduction.

Over the past year, users of shared bicycles and e-bikes via internet platform Meituan have saved 436,500 tonnes of carbon dioxide by cycling, the company said in a report released ahead of World Cycling Day.

Read more: Bike-sharing boosts China' green goals

Chinese companies rush into battery-swap business

EV Charging Station of Xpeng.

With more cities releasing policies on new energy vehicle battery swapping, the sector is expected to usher in a boom and better support the development of NEVs.

Earlier this month, Chongqing in Southwest China released their NEV battery swapping pilot plan, saying that the city will set up more than 200 battery-swap stations and promote more than 10,000 NEVs capable of battery swapping by 2023.

Read more: Chinese companies rush into battery-swap business

China's policy bank provides 197.3 bln yuan in green loans in Q1

Joint debut of low-carbon bank card in Guangdong province on May 2^nd 2022.

The China Development Bank, one of the country's policy banks, has provided 197.3 billion yuan (29.8 billion U.S. dollars) in green loans in the first quarter of the year.

Read more: China's policy bank provides 197.3 bln yuan in green loans in Q1

China's power consumption likely to rise 5-6 pct in 2022

China's power consumption is expected to rise between 5 percent and 6 percent in 2022, according to a report from the China Electricity Council.

Uncertainties such as the COVID-19 epidemic both at home and abroad, international situations and temperatures in the summer and the winter will affect the country's power consumption, the report said.

Read more: China's power consumption likely to rise 5-6 pct in 2022

Luosifen sales soar demonstrating economic resilience

Luosifen, an iconic dish from the southern Chinese city of Liuzhou and known for its pungent smell, registered remarkable growth in sales and exports despite global economic uncertainties and resurgences of COVID-19 infections.

The smelly yet tasty dish, listed as an intangible cultural heritage of Guangxi in 2008, is made from pickled bamboo shoots, dried white radish, fried peanuts, fried tofu skins and served in a spicy noodle broth flavored with river snails.

Read more: Luosifen sales soar demonstrating economic resilience