Xiaomi’s founder and CEO Lei Jun took a group photo with SU7 customers in Beijing, on April 3, 2024. [Photo/screenshots from Lei Jun’s Weibo account] The first batch of Xiaomi SU7 electric sedans was delivered to customers in 28 cities across China on Wednesday, ThePaper reported. The booking volume of the vehicle has surpassed 100,000, … Continue reading Xiaomi delivers first batch of e-sedan to consumers
Tag: china
Siemens Healthineers commit to increase localization in China
The booth of Siemens Healthineers during the 2024 China Medical Equipment Fair, which opened in Shanghai on Thursday. [Photo provided to chinadaily.com.cn] Germany-based Siemens Healthineers pledged to deepen localization in China with an increasing number of localized products and the continuous localization of its supply chain as they have noticed the capability of independent innovation … Continue reading Siemens Healthineers commit to increase localization in China
Fitch’s outlook on fiscal policies wrong, ministry says
A robotic arm works on a photovoltaic module production line of a new energy company in Ordos, Inner Mongolia autonomous region, on March 21, 2024. [Photo/Xinhua] Rating Agency Fitch’s sovereign credit rating methodology and indicator system have failed to effectively and prospectively reflect the positive role of China’s fiscal policies, which are properly more proactive … Continue reading Fitch’s outlook on fiscal policies wrong, ministry says
All eyes on Xiaomi car to see if it can trump rivals
Xiaomi CEO Lei Jun introduces the SU7 in Beijing on March 28. [Photo/Agencies] No model has ever garnered more attention in China than the Xiaomi SU7, which was launched on Thursday night in Beijing. It may sound unbelievable but the launch event attracted more than 40 million views on Xiaomi Auto’s Weibo alone. Even guessing … Continue reading All eyes on Xiaomi car to see if it can trump rivals
China’s 5G subscribers exceed 850m in February
BEIJING – The number of 5G mobile subscribers in China had reached 851 million as of the end of February, official data showed. This figure accounted for 48.8 percent of the total number of mobile subscribers using either one of China’s three major telecommunication enterprises or China Broadnet. China’s total number of mobile subscribers stood … Continue reading China’s 5G subscribers exceed 850m in February
China’s auto sales up 10.6% in Q1
SAIC’s Roewe brand showcases its models at the 2023 Shanghai auto show. [Photo provided to CHINA DAILY] BEIJING – China’s auto sales rose 10.6 percent year-on-year to 6.72 million units in the first quarter of this year, data from the China Association of Automobile Manufacturers showed Wednesday. In March alone, auto sales exceeded 2.69 million … Continue reading China’s auto sales up 10.6% in Q1
Apps simplify expense steps for foreign users
A foreign resident uses a mobile payment app at a restaurant in Hangzhou, Zhejiang province. [Photo/China Daily] Chinese mobile payment service providers are making it easier for overseas visitors to pay for their daily purchases online, as part of a broader drive by the nation to improve the payment experiences of foreigners. Alipay, the digital … Continue reading Apps simplify expense steps for foreign users
Visitors to benefit from payments revamp
Visitors purchase cashmere products through mobile payment methods during the 20th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, in September. [Photo/China Daily] China is expected to intensify efforts to facilitate a seamless payment mechanism for foreigners and the elderly, and create a more friendly, inclusive and multichannel payment environment, said experts and business leaders. … Continue reading Visitors to benefit from payments revamp
Ant Group simplifies payment experience for foreigners, elderly
A foreign tourist pays via Alipay at a store in Beijing. [Photo/China Daily] Ant Group plans to expand mobile payment methods and build more international consumer-friendly zones across major tourist hot spots and commercial cities in China, as part of a broader push by the financial technology company to simplify payment services for foreigners in … Continue reading Ant Group simplifies payment experience for foreigners, elderly
Brazilian mining company to develop China’s Iron and Steel industry
A visitor looks at items on show at the booth of Vale China during an expo in Shanghai. [Photo/China Daily] The Vale-CSU Joint Laboratory for Low Carbon and Hydrogen Metallurgy was launched in Changsha, Hunan province by Brazilian mining company Vale and Central South University on Monday, eager to help China’s iron and steel industry … Continue reading Brazilian mining company to develop China’s Iron and Steel industry