Metro China, a retailer jointly owned by Beijing-based Wumei Group and German wholesaler Metro AG, is expanding its retail footprint in the country and further strengthening its omnichannel services through collaborations with digital retailing solution provider Dmall, according to company officials.
China's autonomous driving startup WeRide announced that its self-driving taxi service will be available on Alibaba's navigation platform Amap starting this month, as the forefront technology is speeding up commercialization amid the COVID-19 outbreak.
China's electric vehicle battery market is expected to embrace better-quality products with lower prices as the nation opens the industry to both domestic and international players, leading to fierce market competition and helping bring better batteries to the market, industry experts said.
Chinese ride-hailing giant Didi Chuxing is hitting the accelerator for its autonomous driving business by inking a strategic partnership deal with major Chinese carmaker BAIC Group. The move came as China is ramping up the development of smart connected vehicles.
Chinese travelers are likely to be the first to restart traveling after lockdown restrictions lifted domestically and internationally, with "revenge travel" coming underway for the National Day holiday at the beginning of October, according to a report by Rentals United, a UK-based short-term rental platform.
As the commercialization of 5G accelerates in China, more companies are exploring what smart cities will look like in the 5G era. US chip giant Intel Corp, for instance, is teaming up with partners such as China Unicom to build a 5G smart park in Nanjing, capital of Jiangsu province, to offer a peek into the future of such smart cities.
Making shares of the Chinese mainland's tech giants listed in Hong Kong available to qualified mainland investors through the Stock Connect programs is something that is "on the horizon", according to Charles Li, chief executive of Hong Kong Exchanges and Clearing Ltd, the operator of the Hong Kong bourse.
Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday,China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham