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Huawei reveal new phone at pop-up event in Sinan Mansions - China Company News
Company

Huawei reveal new phone at pop-up event in Sinan Mansions

Tech company says the nova 12, which made its debut on December 26, features 5G functions and Kirin processors and costs from 2,999 yuan, making it more affordable for fans.
Huawei's 2023 sales revenue expected to exceed 700 bln yuan - China Company News
Company

Huawei's 2023 sales revenue expected to exceed 700 bln yuan

Chinese tech giant Huawei expects its 2023 sales revenue to reach over 700 billion yuan, while the company's operation has generally returned to normal.
New York Times sues OpenAI, Microsoft in copyright clash - China Company News
Company

New York Times sues OpenAI, Microsoft in copyright clash

The New York Times sued ChatGPT-maker OpenAI and Microsoft, alleging that the companies' powerful AI models used millions of articles for training without permission.
Kingdee secures US$200 million Qatar investment - China Company News
Company

Kingdee secures US$200 million Qatar investment

It's the biggest single Middle Eastern investment in the Chinese software industry, representing a high recognition of China's SaaS (Software as a service) development globally.
Xiaomi CEO donates US$183m to alma mater, Wuhan University - China Company News
Company

Xiaomi CEO donates US$183m to alma mater, Wuhan University

"It is to foster more innovative companies like Huawei, Xiaomi and BYD," Lei said in his speech, gaining public favor.
ByteDance slashes jobs, confirms retreat from gaming business - China Company News
Company

ByteDance slashes jobs, confirms retreat from gaming business

ByteDance, the parent firm of popular short video platform TikTok, is retreating from the gaming business by cutting jobs and units, the Beijing-headquartered Internet giant said.
Alibaba's Taobao replaces Dec 12 shopping spree with new event - China Company News
Company

Alibaba's Taobao replaces Dec 12 shopping spree with new event

Alibaba's Taobao said on Friday they had canceled their December 12 shopping festival and will instead host another shopping spree called "year-end good price" from December 9.
McDonald's stake reacquisition reflects confidence in Chinese market - China Company News
Company

McDonald's stake reacquisition reflects confidence in Chinese market

McDonald's recently announced a decision to buy private equity firm Carlyle's entire 28 percent stake in its China business, which was sold by the burger chain in 2017.
Amway aims for Total Wellness as China business soars - China Company News
Company

Amway aims for "Total Wellness" as China business soars

Amway says it remains confident on the long-term prospects of the health and wellness businesses in China, with the company unveiling its new strategy of "Total Wellness."
J.P. Morgan Corporate Challenge attracts approximately 3,500 runners - China Company News
Company

J.P. Morgan Corporate Challenge attracts approximately 3,500 runners

An impressive 3,500 competitors from 150 companies took part in the 10th edition of the J.P. Morgan Corporate Challenge road race in Shanghai.
Shanghai tops holiday entertainment and dining spend domestically China issues 9.14 trln yuan new local government bonds in Jan.-Nov. Hospitality leads way as tourism industry recovers Chinese-brand passenger car sales up 23.8% in first 11 months AI, data centers, 5G infrastructure to boost digital transformation: MIIT Nearly 100 Chinese cities lower mortgage rate floor for first homes More Chinese cities record falling home prices in October China's car brand Hongqi debuts new concierge car China's mobile phone shipments up 34.3% in November Dubai seeking Chinese travelers to celebrate New Year Remarkable rebound in spending over New Year holiday China's stock exchanges to reduce fees by 920 mln yuan in 2024 China's manufacturing PMI falls in December BOC Serbia authorized as RMB clearing bank Zhoushan Archipelago New Area celebrates 10th anniversary Xiaomi unveils its first electric vehicle, aiming to be 'China's Porsche and Tesla' JD.com announces major lawsuit victory over Alibaba China's property investment decreases in first 10 months AI workgroup established to drive ecosystem development China's home prices remain stable amid policy support BYD obtains conditional testing license for L3 autonomous driving on high-speed roads Singapore the highlight of overseas travel choices Selection of 2023 Shanghai Financiers begins China's non-manufacturing sector maintains expansion in December Shanghai handles 100 China-Europe freight trains in 2023 External financial assets of China's banking sector exceed 1.4 trln USD Regulators cracking down on pricing for automobiles Despite anti-subsidy probe, China-Europe EV cooperation is expanding Qingpu New City becoming open and innovative hub Huawei 'back on track' with revenue growth in 2023 Rapid refund policy aimed at boosting online shopping Tesla's new mega factory project in Shanghai officially launched China accelerates construction of government-subsidized rental housing projects Pharma firms abused dominant position, says watchdog China revises 2022 GDP growth to 3% China allocates 2nd batch of funds raised by 1-trln-yuan additional gov't bonds RMB moves up in global payments in November: SWIFT Multinational companies flourish in Hongqiao CBD Cultural and creative competition seeks original content China's big lenders to lower rates on existing first-home loans Chinese smartphone market set to grow in 2024 How have China's EVs managed to win hearts and minds of Europeans?
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