Private auto company a model to boost city economic competence Market watchdog promotes cooperative approach for Internet companies AI, data centers, 5G infrastructure to boost digital transformation: MIIT Huawei reveal new phone at pop-up event in Sinan Mansions BYD overtakes Tesla for most EV sales Nearly 100 Chinese cities lower mortgage rate floor for first homes Chinese-brand passenger car sales up 23.8% in first 11 months More Chinese cities record falling home prices in October Huawei's 2023 sales revenue expected to exceed 700 bln yuan China's mobile phone shipments up 34.3% in November Hospitality leads way as tourism industry recovers Putuo leads in financial growth, embarks on 25 new projects City plans to build 70 new smart factories this year Dubai seeking Chinese travelers to celebrate New Year New York Times sues OpenAI, Microsoft in copyright clash China's car brand Hongqi debuts new concierge car China's property investment decreases in first 10 months JD.com announces major lawsuit victory over Alibaba AI workgroup established to drive ecosystem development Xiaomi unveils its first electric vehicle, aiming to be 'China's Porsche and Tesla' China's home prices remain stable amid policy support Kingdee secures US$200 million Qatar investment Zhoushan Archipelago New Area celebrates 10th anniversary Shanghai tops holiday entertainment and dining spend domestically Remarkable rebound in spending over New Year holiday Singapore the highlight of overseas travel choices Qingpu New City becoming open and innovative hub Xiaomi CEO donates US$183m to alma mater, Wuhan University BYD obtains conditional testing license for L3 autonomous driving on high-speed roads Huawei 'back on track' with revenue growth in 2023 China accelerates construction of government-subsidized rental housing projects Rapid refund policy aimed at boosting online shopping Despite anti-subsidy probe, China-Europe EV cooperation is expanding ByteDance slashes jobs, confirms retreat from gaming business Regulators cracking down on pricing for automobiles China's manufacturing PMI falls in December China's non-manufacturing sector maintains expansion in December Pharma firms abused dominant position, says watchdog China's big lenders to lower rates on existing first-home loans Tesla's new mega factory project in Shanghai officially launched Alibaba's Taobao replaces Dec 12 shopping spree with new event Chinese smartphone market set to grow in 2024