20201227 China News
Source: | Author:eacham | Published time: 2020-12-27 | 1050 Views | Share:
WeRide, China's leading L4-level autonomous driving company, announced on Wednesday that it has raised $200 million from the nation's commercial vehicle maker Yutong Group in its series B1 round of fundraising.


The total wealth of China’s rich families has grown against the market in 2020, and over 70 percent of respondents are considering using family office services, according to a white paper released by Ping An Bank and Forbes China.


Five positive cases were detected among the close contacts of two confirmed COVID-19 patients in Beijing, according to local health authorities on Saturday. The capital city reported two more confirmed cases in its Shunyi District on Friday.


Shanghai reported five imported novel coronavirus cases on Friday, said the Shanghai Health Commission on Saturday morning. The first to the third patients are a Chinese couple and their American daughter living in the United Arab Emirates. They arrived at the Shanghai Pudong International Airport on December 11.


Online tutoring firm Yuanfudao said it has raised funds worth $3.5 billion so far this year, after completing a new funding round of $300 million recently, as the online education sector continued to surpass other sectors in China in terms of financing deals.


The 401.5 megawatt Yangjiang Nanpeng Island offshore wind farm, featuring hybrid-drive wind turbines supplied by Mingyang Smart Energy, was fully commissioned on Dec 16, said its operator China General Nuclear Power Corp, one of the country's largest nuclear power companies.


Honor, the Chinese gadget brand that gained full independence from Huawei, has signed a global cooperation agreement with US tech giant Microsoft Corp, under which it will use Microsoft Windows 10 as the official operating system in its laptops.


Source:Globaltimes,Xinhuanet,Chinadaily,Shine,Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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