It's estimated the gross domestic product of Guangdong province will surpass 10 trillion yuan ($1.45 trillion) this year, and the province aims to develop strategic emerging industries and future industries to realize high-quality economic development, its top government official said on Monday.
Chinese people consume 2 trillion yuan ($289.85 billion) of snack food every year, the Xinhua News Agency reported. This topic has gone viral among Chinese netizens, and turned into a red-hot search item on Sina Weibo, China's equivalent to Twitter.
Five technologies-5G, the internet of things, artificial intelligence/machine learning, robotics, and cloud computing-will come to fruition over the next decade and enable the transformation of industries throughout the Chinese economy.
China will soon issue licenses for the commercialization of 5G, as the country has already established a competitive advantage in the superfast wireless technology, the country's top industry regulator said on Monday.
Studying in a container may sound ridiculous but a Chinese company is making bold innovations to build container-like classrooms, which are expected to benefit millions of students in foreign markets.
China launched an investigation into FedEx because the United States express delivery service provider allegedly failed to deliver parcels to designated addresses, a violation of Chinese postal regulations, a senior official said, adding that all foreign delivery companies should obey local regulations when operating in China.
Hilton aims to launch 1,000 hotels in China. As of today, Hilton Group has 200 hotels in China that are open to business. Some 430 more hotels are either under construction or in the pipeline