Sales are soaring for merchandise from the Chinese animated blockbuster “Ne Zha 2,” which recently became the sole Asian film listed in the world’s top 25 highest-grossing films of all time.

Chinese tech giant ByteDance made public its experimental open-source video generation model VideoWorld on Monday.

Tesla yesterday started production at its Shanghai battery megafactory, dedicated to manufacturing its high-capacity Megapack energy storage systems, Xinhua reported.

China National Offshore Oil Corp. has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the world’s largest metamorphic buried hill oilfield, marking a major milestone in offshore energy development and carbon capture initiatives, the company announced Friday.

China’s consumer price index (CPI), a main gauge of inflation, was up 0.5% year-on-year in January, the National Bureau of Statistics (NBS) said yesterday.

Zeiss Group, a German manufacturer of optical systems and optoelectronics, plans to acquire a land plot in Shanghai to build its comprehensive headquarters campus for China.

Japanese automaker Toyota Motor Corp. announced Wednesday that it will build a new wholly-owned electric vehicle (EV) plant in Shanghai.

​BYD moved up one spot to the fifth in the global top-selling automaker rankings for 2024, selling 4.27 million vehicles globally last year, according to official data.