Gold price spike spurs investment rush
Gold price spike spurs investment rush
International gold prices have had a great run recently, surging to an all-time high of US$2,350 per ounce Monday. Strong physical demand for gold is also fueled by its appeal as a safe-haven asset and investors looking to diversify their portfolios amid lackluster performance in other asset classes.
2024-04-10
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Battery giant CATL sets up supply chain arm in SZ
Battery giant CATL sets up supply chain arm in SZ
Battery giant and Tesla supplier Contemporary Amperex Technology Co. Ltd. (CATL) is expanding its reach in Shenzhen by launching a new energy supply chain division, underscoring the city's trajectory towards becoming a premier automotive hub and a city of superchargers.
2024-04-09
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High-tech products lead the charge in Shenzhen foreign trade
High-tech products lead the charge in Shenzhen foreign trade
Shenzhen’s foreign trade grew 45% year on year to 675.18 billion yuan (US$95.14 billion) in the first two months of 2024 and one of a few bright spots was the fast growth of high-tech products’exports and imports.
2024-04-08
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Tourism booms in three-day Tomb Sweeping holiday
Tourism booms in three-day Tomb Sweeping holiday
The just-finished three-day Tomb Sweeping Day holiday, which started Thursday, saw a tourism boom both in traveler numbers and tourism-related revenues in Shenzhen.
2024-04-07
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Chinese BYD EVs shine in Australia's Sydney
Chinese BYD EVs shine in Australia's Sydney
Chinese BYD electric vehicles (EVs) were shining in Australia's Sydney, with the pre-opening ceremony of BYD Haberfield Sales and Service Center held here on Thursday.
2024-04-07
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Huawei strengthens partnership with Ethiopian university to enhance ICT development
Huawei strengthens partnership with Ethiopian university to enhance ICT development
Ethiopia's Addis Ababa University (AAU) and Huawei, a Chinese telecommunications company, on Friday signed a cooperation agreement that will boost Ethiopian students' access to industry experience on information and communication technologies (ICT).
2024-04-07
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BYD hands back top EV seller title to Tesla
BYD hands back top EV seller title to Tesla
Tesla Inc. regained its crown as the world’s largest seller of battery electric vehicles (EVs) in the first quarter of the year as increasing competition in the Chinese market dented sales of market leader BYD Co.
2024-04-07
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Shenzhen, Fosun Pharma launch health care fund
Shenzhen, Fosun Pharma launch health care fund
Shenzhen has teamed up with one of the country's largest pharmaceutical producers to officially launch a 5-billion-yuan (US$691 million) health care fund to invest in startups and innovations in cellular biology, genetics and other fields related to biomedicine.
2024-04-07
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