
China targets economic growth of around 5% in 2025
China targets economic growth of around 5% in 2025
China targets an economic growth rate of around 5% in 2025, according to a government work report submitted this morning to the national legislature for deliberation.
2025-03-05
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Honor announces US$10B investment in AI
Honor announces US$10B investment in AI
During the Mobile World Congress in Barcelona, the smartphone manufacturer announced the “Honor Alpha Plan,” a bold new strategy to position itself at the forefront of AI innovation, pledging US$10 billion in AI investment over the next five years.
2025-03-05
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China to slap extra tariffs on imports of US farm products
China to slap extra tariffs on imports of US farm products
China announced yesterday it will impose additional tariffs of up to 15% on imports of major U.S. farm products, including chicken, pork, soy and beef, and restrict exports to 15 U.S. companies.
2025-03-05
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BYD, DJI unveil vehicle-mounted drone system
BYD, DJI unveil vehicle-mounted drone system
Shenzhen-based automaker BYD has partnered with Shenzhen-headquartered drone giant DJI to launch Lingyuan — an intelligent vehicle-mounted drone system — in Pingshan District on Sunday.
2025-03-04
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Tesla FSD faces fierce competition
Tesla FSD faces fierce competition
Tesla started offering a new upgrade to its autopilot feature in China on Tuesday to bring its local offering closer to the full self-driving (FSD) suite available in the United States.
2025-02-27
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Four Shenzhen firms make Hurun's top 10 list
Four Shenzhen firms make Hurun's top 10 list
The Hurun China 500 Most Valuable Private Companies 2024 list was released Tuesday, highlighting the dominance of high-tech firms and underscoring China’s rapid progress in technological innovation.
2025-02-27
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Beijing, GD restart land reserve bond sales
Beijing, GD restart land reserve bond sales
Beijing and Guangdong Province have become the first localities in China to resume sales of land reserve special bonds, the proceeds of which are used to buy up unused land, after a five-year hiatus amid ongoing efforts to revive the country’s real estate market.
2025-02-26
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City sets 2025 GDP growth target at 5.5%
City sets 2025 GDP growth target at 5.5%
Shenzhen will target a GDP growth rate of 5.5% this year, according to a government work report delivered by Mayor Qin Weizhong during the opening of the annual session of the Shenzhen Municipal People's Congress, the city's legislature, yesterday.
2025-02-26
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