Record shipments of Chilean cherries to China are putting pressure on the market in the run-up to the Chinese New Year, Chinese media reported.

Contract electronics giant Foxconn and Shenzhen-based humanoid robot manufacturer UBTECH Robotics announced today the establishment of a comprehensive long-term strategic partnership, a landmark collaboration aimed at revolutionizing the landscape of intelligent manufacturing.

Shenzhen's electricity consumption, a key barometer of economic activity, rose 7.7% year on year in 2024, official data from the power supplier authority show.

The city’s service imports and exports — a new driver of international trade growth and a catalyst for high-quality development — are projected to reach a record US$40 billion in 2024, according to the commerce bureau.

China’s fiscal deficit to gross domestic product ratio will be widened in 2025, the vice minister of finance said at a press conference Friday.

Shenzhen has initiated a new round of trade-in subsidies for household appliances, effective from Jan. 1, according to the city’s commerce bureau.

Qualcomm, Intel, other chip manufacturers, and personal computer (PC) makers, including Asus and Lenovo, have made significant moves into the artificial intelligence PC market during the ongoing Consumer Electronics Show in Las Vegas, the United States.

China plans to raise more fund from selling ultra-long special treasury bonds to support consumer goods trade-in and large equipment upgrading programs in 2025, senior Chinese officials said in Beijing yesterday.