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Xiaomi CEO donates US$183m to alma mater, Wuhan University - China Company News
Company

Xiaomi CEO donates US$183m to alma mater, Wuhan University

"It is to foster more innovative companies like Huawei, Xiaomi and BYD," Lei said in his speech, gaining public favor.
ByteDance slashes jobs, confirms retreat from gaming business - China Company News
Company

ByteDance slashes jobs, confirms retreat from gaming business

ByteDance, the parent firm of popular short video platform TikTok, is retreating from the gaming business by cutting jobs and units, the Beijing-headquartered Internet giant said.
Alibaba's Taobao replaces Dec 12 shopping spree with new event - China Company News
Company

Alibaba's Taobao replaces Dec 12 shopping spree with new event

Alibaba's Taobao said on Friday they had canceled their December 12 shopping festival and will instead host another shopping spree called "year-end good price" from December 9.
McDonald's stake reacquisition reflects confidence in Chinese market - China Company News
Company

McDonald's stake reacquisition reflects confidence in Chinese market

McDonald's recently announced a decision to buy private equity firm Carlyle's entire 28 percent stake in its China business, which was sold by the burger chain in 2017.
Amway aims for Total Wellness as China business soars - China Company News
Company

Amway aims for "Total Wellness" as China business soars

Amway says it remains confident on the long-term prospects of the health and wellness businesses in China, with the company unveiling its new strategy of "Total Wellness."
J.P. Morgan Corporate Challenge attracts approximately 3,500 runners - China Company News
Company

J.P. Morgan Corporate Challenge attracts approximately 3,500 runners

An impressive 3,500 competitors from 150 companies took part in the 10th edition of the J.P. Morgan Corporate Challenge road race in Shanghai.
SF Express, Louis Vuitton join forces to cut carbon emissions - China Company News
Company

SF Express, Louis Vuitton join forces to cut carbon emissions

Logistics giant SF Group and luxury brand Louis Vuitton have joined hands to combat climate change.
OPPO debuts its own 'GPT' model in Shanghai - China Company News
Company

OPPO debuts its own 'GPT' model in Shanghai

OPPO, with over 600 million daily active users globally, released its own AI large language model, or LLM, and the next-generation operating system in Shanghai on Thursday,
Tencent reports rising revenues, net profits in Q3 - China Company News
Company

Tencent reports rising revenues, net profits in Q3

Chinese Internet giant Tencent has reported year-on-year increases in revenue and net profit during the third quarter of 2023.
3M showcases material science innovations at CIIE - China Company News
Company

3M showcases material science innovations at CIIE

3M has prioritized a green future and showcased its innovative, purpose-driven products, manufacturing processes, and new technologies at CIIE.
Chinese SOEs see steady revenue, profit growth in first 10 months China's securities regulator approves 3 consumption-related REITs COP28 calls for accelerating global climate response in Dubai Huawei-backed HarmonyOS gets support from Chinese Internet giants Starting at US$60,990, Tesla's Cybertruck is priced 50% higher than initial estimate Nearly 100 Chinese cities lower mortgage rate floor for first homes Over 5,600 companies participate in Shanghai auto parts fair More Chinese cities record falling home prices in October China's AI computing power to see robust growth China's pavilion launched at COP28 in Dubai China's factory activities slow, expectations unwavering China Development Bank issues over US$14 billion in special loans for energy supply OECD predicts slower global growth for 2024 China's forex market reports transactions totaling 16.24 trln yuan in October Saudi Arabia wins bid to host World Expo 2030 Huawei, Changan change gears to drive smart auto industry development Artificial intelligence PC to reshape and revitalize the IT industry China's property investment decreases in first 10 months Didi apologizes once again for service disruptions China's home prices remain stable amid policy support Survey sparks awareness campaign for child safety, in and around vehicles Arina explores Fotografiska's first Asian branch in Shanghai China's financial market opening-up continues apace China to achieve 5-pct annual growth target: central bank governor China's loan prime rates remain unchanged China to maintain resilience of global industrial, supply chains in firm manner 9th China Int'l Copyright Expo opens in Chengdu Qingpu New City becoming open and innovative hub China's smartphone market rebounds with local brands releasing new, competitive products Volkswagen's first wholly-owned battery system plant in China starts production OpenAI announces Sam Altman to return as CEO Chinese-brand passenger car sales up 22.2% in Jan-Oct China accelerates construction of government-subsidized rental housing projects Chartered flights for ski tourists announced between Shanghai and Changbai Mountain Shanghai's data factor market goes international PwC gathers global assurance leaders in Shanghai to share insights China's 5G mobile phone shipments soar in September China's non-financial ODI up 17.3% in first 10 months Cooperation agreements signed with Kashgar China's big lenders to lower rates on existing first-home loans China to trial market access of intelligent connected vehicles Man arrested on suspicion of opening casino: police
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