Tencent unveils smart mobility system for automakers

Dowson Tong, Tencent’s senior executive vice-president and CEO of Tencent’s cloud and smart industries group. [Photo provided to chinadaily.com.cn] Chinese internet company Tencent Holdings launched its large model for vehicles on Wednesday. The company said it has offered its autonomous driving cloud solutions to companies such as Mercedes-Benz, Bosch, Nvidia and Nio. Tencent, which reiterated … Continue reading Tencent unveils smart mobility system for automakers

AI-powered growth to further fuel digital marketing

Artificial intelligence technologies are expected to play a major role in today’s digital marketing landscape, said company executives. "AI will especially empower small and medium-sized enterprises, startups, and social media influencers and platforms to reduce marketing and customer acquisition costs, enhance brand communication efficiency, and upgrade the entire marketing industry with digital technology," said Huang … Continue reading AI-powered growth to further fuel digital marketing

Intelligent sensor tech firm to boost overseas presence

Guangzhou Asensing Technology Co Ltd. [Photo/Guangzhou Asensing Technology website] Guangzhou Asensing Technology Co Ltd, a company that specializes in high-precision positioning technology for autonomous vehicles, is ramping up efforts to expand its presence in overseas markets, including Europe, the United States and Japan, and bolster the intelligent driving industry, a senior company executive said. Germany, … Continue reading Intelligent sensor tech firm to boost overseas presence

State Grid Caoxian Power Supply steps forward to support hanfu manufacturing

Staff members conduct remote monitoring and on-site inspections in Shangdong province. [Photo provided to China Daily] The East China’s Shandong province is well poised to further promote rural revitalization, with continuous efforts in advancing smart manufacturing industry and improving agricultural irrigation practices. A smart manufacturing industrial park has recently been built in Caoxian county, Heze … Continue reading State Grid Caoxian Power Supply steps forward to support hanfu manufacturing

Firms have high hopes for low-altitude biz

Growers get training to use unmanned aerial vehicles to protect crops in Mengcheng county, Anhui province, in March. HU WEIGUO/FOR CHINA DAILY China’s low-altitude economy, which is regarded as a strategic emerging industry, is poised to see speedy growth in the coming years, fueled mainly by investments in related infrastructure construction, policy support from authorities and … Continue reading Firms have high hopes for low-altitude biz

China advances financial services for manufacturing industry

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China will step up efforts on enhancing financial services for the manufacturing industry, to facilitate the advancement of new industrialization, according to a circular unveiled on Tuesday. The joint report published by the National Financial Regulatory Administration, the Ministry … Continue reading China advances financial services for manufacturing industry

Avnet bullish on China’s growth

A logo sign outside of the headquarters of Avnet Inc, in Phoenix, Arizona, on Feb 3, 2018. [Photo/IC] Avnet, a US-based semiconductor technology distributor and solutions provider, is optimistic about China’s long-term growth potential and sees abundant opportunities from the country’s emphasis on the digital economy and low-carbon transformation, a senior company executive said. Grace … Continue reading Avnet bullish on China’s growth

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

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

Lanxess nimble in adapting to Chinese market’s needs, says CEO

Visitors gather at the Lanxess booth during an expo in Shanghai. [Photo/China Daily] German specialty chemicals company Lanxess AG is committed to adapting to the changing market demands in China to meet the country’s growing need for specialized, localized and value-added products, its top executive said. “The Chinese market is not just another market for … Continue reading Lanxess nimble in adapting to Chinese market’s needs, says CEO