A ceremony was held yesterday for the opening of a new cargo air route linking Shenzhen to Sao Paulo of Brazil, which is expected to stimulate the Sino-Brazil e-commerce trade.
Chinese tech giant Huawei generated a total revenue of 642.3 billion yuan (US$93.5 billion) in 2022, edging up from 636.8 billion yuan the previous year.
Nanshan District took first place among China's top 100 districts and counties in terms of innovation, according to the 2023 ranking released by CCID Consulting, an institute under the Ministry of Industry and Information Technology.
Exports of high-tech, high-value and green products like new energy vehicles (NEVs), lithium batteries and photovoltaic products from Shenzhen kept increasing in the past months.
Huawei Technologies Co. has made breakthroughs in electronic design automation (EDA) tools for chips produced at and above 14-nanometer technology, a crucial step forward for China's semiconductor industry amid U.S. restrictions.
Internet giant Tencent has reported year-on-year increases in its revenue and net profit during the fourth quarter of 2022, despite drops in its annual earnings.