The financial performance of BYD Co., the world’s largest maker of new energy vehicles, has taken a hit as aggressive price cuts across most of its lineup adopted since February took heavy toll on the firm’s profit margin in the first quarter.

China Vanke, China's second-biggest property developer by sales,said late Monday that its first-quarter net profit turned negative as ongoing weakness in the property sector weighed on its financial performance.

Against the backdrop of a weak global economic recovery from the COVID pandemic and uncertain geopolitical environment, China, the world's second-largest economy, has become the focus of attention as the Asian country is expected to be a major driving force for global economic growth.

ZTE Corp., a global leading provider of information and communication technology solutions, announced today that its science-based targets, achieving greenhouse gas emissions reduction in line with the 1.5°C temperature rise limitation pathway and ultimately reaching net-zero emissions by 2050 at the latest, have been approved by the Science Based Targets initiative (SBTi) and listed on the SBTi's target dashboard.

Economy of Guangzhou, provincial capital of Guangdong, expanded 3.6% year on year in the first quarter this year as China's southern export hub industrial output growth slowed.

117 new models will be making their debuts at the ongoing 18th Beijing International Automotive Exhibition (Auto China 2024), which runs through May 4. Overall, 278 NEVs are set to go on display, with Chinese NEVs being the superstars of the show.

The exquisite handicrafts, digital devices, handy electrical appliances, and bags and suitcases with innovative designs are among the items that had captivated visitors from home and abroad during the 32nd China (Shenzhen) International Gifts, Handicrafts, Watches & Houseware Fair, which concluded at the Shenzhen World Exhibition & Convention Center yesterday.

The Haifeng 668 vessel, departing from the Pacific archipelago of Kiribati-Tarawa, made port at Shenzhen Xiaomo International Logistics Port on Friday, carrying a substantial cargo of 1,090 tons of tuna.