SAIC Anji Splendor, a second world's largest clean energy-powered ro-ro vessel built by the China State Shipbuilding Group, was handed over to SAIC Motor Corp on Tuesday, forming a dual-vessel fleet in promoting China's cars exports.
Despite the challenges and complexity in the bilateral relations, the visit of the American industry representatives, immediately in the wake of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, showcased the foreign companies' eagerness to understand more about the important policies released from the meeting, as well as the fact that two countries' economic and trade ties will stay resilient despite certain "decoupling" attempts from the US government, Chinese experts said.
High-end luxury brand Louis Vuitton (LV) opened its first chocolate boutique in Shanghai on Monday, a positive sign for the international luxury brand to capture more of the consumer market in the world's second-largest economy.
Even as the European Union (EU) has recently introduced provisional additional tariffs of up to 37.6 percent on Chinese electric vehicles (EVs), some EU member states are competing for Chinese EV manufacturing investment and jobs.
As the Chinese economy has faced challenges in recent years, some Western officials and media pundits have stepped up their smear campaign against China. They cherry-pick information and distort facts to hype their narratives such as "Peak China," but they always turn a blind eye to China's economic resilience and development potential. In order to set the record straight, the Global Times is launching a multimedia project, including in-depth articles, objective analysis and visual arts, to present a comprehensive and true picture of the economy. This is the tenth installation of the series.
China will take a multi-pronged approach to improve the new system for mobilizing resources nationwide to boost the overall performance of our country's innovation system while also building a self-supporting and risk-controllable industrial chain, especially in key industrial chains such as integrated circuits, industrial machine tools, industrial software, and advanced materials, according to a resolution on further deepening reform comprehensively to advance Chinese modernization that was adopted at the just-concluded third plenary session of the 20th Communist Party of China (CPC) Central Committee.
Further progress in practical cooperation between China and Russia is expected as a result of frequent and continuous high-level official exchanges and intensified cooperation among localities, Chinese analysts said on Sunday.
Recent US solar sector bankruptcies have revealed a significant decline in its industrial competitiveness due to trade barriers, Chinese experts said on Sunday, noting that Chinese solar firms, with reduced dependence on the US market and driven by continuous technological innovation and supply chain advantages, will remain unaffected and continue to expand globally.
A ceremony for the first shipment of whiteleg shrimp from Honduras to China was held in Choluteca city of the Latin American country, the Xinhua News Agency reported on Sunday, indicating closer economic and trade ties as bilateral free trade agreement (FTA) negotiations proceed.
China delivered world's first 14,000-cubic-meter liquefied natural gas (LNG) bunkering and transport vessel capable of river-sea navigation at Shanghai, breaking international technology barriers with a record of over 85 percent of localization rate.
A software update from American cybersecurity technology company CrowdStrike caused a global technical havoc on Friday, leading to suspended flights, disrupted public services, and paralyzed payment systems worldwide. The incident highlights the significant security risks associated with global dependence on a handful of US corporations, experts warned.
Chinese battery producer Contemporary Amperex Technology Co (CATL) on Thursday evening dismissed a foreign media report claiming that the company is in talks with Russian company Nornickel to build a plant, together with several other companies, somewhere in China.
This innovative approach not only streamlines the inspection process but also underscores the potential of UAV technology in transforming the power grid industry, contributing to a more sustainable and efficient future.
When it comes to Tanzania, one must remember the Tanzania-Zambia Railway, operational since 1976. Constructed during challenging times for China, this vital transport link was a lifeline for the development of African countries, deeply cherished by both sides. Over the years, cooperation between China and Tanzania has grown even closer, particularly in infrastructure, yielding abundant results. On the 60th anniversary of the establishment of diplomatic relations between the two countries, Global Times (GT) reporter Yin Yeping conducted an exclusive interview with the Ambassador of Tanzania to China Khamis Mussa Omar (Omar), who shared insights on the bilateral cooperative achievements and new opportunities. The ambassador said that Tanzania needs responsible investments, while Chinese entrepreneurs value a secure investment environment, presenting a promising future match. He also rebutted claims of debt traps, emphasizing that the China-proposed Belt and Road Initiative (BRI) has played a crucial role in fostering African development.
Daughter of the founder of Chinese beverage giant Wahaha Group has reportedly resigned as vice chairman of the company, according to media reports on Thursday.
International auditing company PricewaterhouseCoopers (PwC) will reportedly reduce about 50 percent of its financial services audit staff in China, in addition to discharging about 20 percent of its staff in other auditing lines and non-auditing businesses.
The third plenary session of the 20th Communist Party of China (CPC) Central Committee, which will map out a blueprint for China's reform and opening-up as well as achieving Chinese modernization, is consequential for the world as it will showcase an independent development path for the Global South and bring more development opportunities for the world, a Thai scholar said on Wednesday.
Global confidence in stable growth in China's economy continues to improve, as some international organizations and multinational banks have projected 5 percent GDP growth in China in 2024, thanks to remarkable performances in areas such as exports, even as many major economies and the global economy as a whole face serious downward pressure.
Conditions have now been satisfied for Rio Tinto to invest in the development of the Simandou high-grade ore deposit in Guinea, including the completion of the necessary regulatory approvals from both the Guinean and Chinese sides, the Anglo-Australian mining company said in a press release on Tuesday, marking another step toward production at the world's largest undeveloped iron ore mine.
Two exchange-traded funds (ETFs) tracking large Saudi companies, including Saudi Aramco, made successful debuts in the Chinese mainland stock market on Tuesday, and their values rose by the daily limit of 10 percent, with a premium of more than 6 percent, highlighting the strengthening links between the financial markets in China and the Middle East.
Jumping and running like a human, nimbly sending coffee, even chatting with people… lots of humanoid robots showcased their skills and interacted with visitors during 2024 Beijing International High-Tech Expo being held from July 13 to 16 in Beijing.
China has issued an action plan to promote the low-carbon transformation of coal-fired power, with plans to diversify financing channels and grant preferential loan policies to qualified projects.
Chinese centrally administered state-owned enterprises (SOEs) set up a marine engineering innovation consortium on Monday, aiming to foster scientific breakthroughs and break technological bottlenecks constraining the development of the fast-growing marine industry, which plays a key role in China's harnessing of its marine resources.
As the Chinese economy has faced challenges in recent years, some Western officials and media pundits have stepped up their smear campaign against China. They cherry-pick information and distort facts to hype their narratives such as “Peak China,” but they always turn a blind eye to China's economic resilience and development potential. In order to set the record straight, the Global Times is launching a multimedia project, including in-depth articles, objective analysis and visual arts, to present a comprehensive and true picture of the economy. This is the ninth installation of the series.
Work on a natural uranium production project in Ordos, North China's Inner Mongolia Autonomous Region, China's largest so far, started on Friday, China National Nuclear Corporation (CNNC) told the Global Times. The project will help to ensure the nation's supply of a key mineral resource.
China set a new record for foreign trade in goods in the first half of 2024, representing a year-on-year increase of 6.1 percent to 21.17 trillion yuan ($2.9 trillion), data released by the General Administration of Customs (GAC) showed on Friday.
The visa-free policy introduced by the Chinese government has boosted passenger flights by more than 20 percent, the Civil Aviation Administration of China (CAAC) said on Friday.
Following a claim that BMW China will withdraw from the "price war" in the car market, the company said in a statement on Friday that in the second half of 2024, it will focus on the quality of its business in the Chinese market and support dealers to operate steadily.
Apollo Go Robotaxi, Baidu's autonomous ride-hailing platform, has been gaining public attention as it is winning new business in Wuhan, Central China's Hubei Province, while market analysts even predicted that it could pave the way for the commercial services.
While China's inbound and outbound travel continued to boom this summer with the holiday rush approaching, sales of translator machines have soared, the Global Times has learned.
China's consumer price index (CPI), the main gauge of inflation, edged up by 0.2 percent year-on-year in June, the National Bureau of Statistics (NBS) said on Wednesday, indicating a moderate rise amid sufficient market supply.
Sinograin' edible oil products have been removed from Chinese e-commerce platform Taobao on Tuesday, as the food company has embroiled in a food safety scandal of “contaminated transportation” of food and chemical liquids in same vehicles, and some Chinese netizens called for a boycott of the company.
Chinese trendy toys have become a sensation in countries in Southeast Asia. Recently, a toy named LABUBU, an intellectual property (IP) created by Chinese cultural and creative company POP MART, with pointed ears and serrated teeth, has become a top seller in Thailand, with people queuing up in long lines and waiting at online shops to make a purchase. Boosted by recent visa-free policies, many people in Thailand are even traveling to China to buy LABUBU toys.
Several oil companies have denied using tanker trucks to transport both food and chemical liquids, leading netizens to express concern over food safety on social media platforms, with some worried about potential poisoning.
The artificial intelligence (AI) boom has led to significant increases in both job opportunities and compensation, as demand for tech talent remains high in China. According to a new industry report, wages for AI-skilled workers have been trending upward, with those experienced in machine learning, engineering and deep learning securing impressive salaries.
A 20-something Tajik student Bakhtiyor Bozorzoda was on a flight from Dushanbe, the capital of Tajikistan to China on July 5. He, along with other 11 Tajik teachers and students from the Luban Workshop in Tajikistan, will participate in a near one-month training and study program at the Tianjin Urban Construction Management & Vocation Technology College (TUCMVTC). The workshop has been jointly established by TUCMVTC, Tianjin Chengjian University and the Tajikistan Technical University (TTU).
Airbus on Monday delivered its 700th A320 Family aircraft assembled at its Final Assembly Line (FALA) in North China's Tianjin municipality, highlighting the importance of the Chinese aviation supply chain in terms of the global market.
Multiple Chinese online travel platforms witnessed growing searches on Azerbaijan related tourism products, as the Caucasus country announced on Wednesday to implement one-year unilateral visa-free policy for Chinese citizens.
On the vast Eurasian continent, regional countries have a long history of people-to-people exchanges, similar development goals and close ties of destiny. During the 24th Meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) held in Astana, leaders of members countries will discuss how to further consolidate cooperation consensus within the region, and how to inject more positive energy into the Eurasia and the world.
McDonald's China, together with its four major suppliers announced the launch of an industrial park in Xiaogan city, Central China's Hubei Province on Wednesday, highlighting the importance of Chinese market in terms of supply chain for food business.
Global auditing firm PricewaterhouseCoopers (PwC) has appointed Li Dan, also known as Daniel Li, as the new chairman for the Asia Pacific and China area, the official website of PwC said.
French carmaker Renault Group said on Monday that its electric vehicle (EV) subsidiary Ampere will work with Chinese battery manufacturer Contemporary Amperex Technology Co (CATL) and South Korea's LG Energy Solution to adopt cheaper and more advanced manufacturing technologies for EV components, in order to stay competitive in the EV market.
American Express said it is bullish on the Chinese financial market, noting that the country's opening-up has been a trigger for the company to consider more investment in China.
US tech-giant Microsoft reportedly said on Monday that it plans to integrate channels in the Chinese mainland to meet dynamic client demand, in response to claims on social media that the company is closing all authorized offline stores in the mainland.
During the hot summer, even with the continuous rise in electricity consumption, the grid in Zaozhuang, East China's Shandong Province, remains stable. Notably, 70 percent of the power comes from photovoltaic sources.
A China's state-owned power supply company in East China's Zhejiang Province has been taking on social responsibility by providing education on biodiversity protection and energy conservation to the next generation, contributing more significantly to the achievement of China's dual carbon goals.
The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns that the three firms could exploit access to American data through their US cloud and internet businesses by providing it to Beijing, Reuters reported on Tuesday, citing people familiar with the matter.
As the global competition for AI talent is intensifying, a growing number universities across China have been ramping up their efforts to cultivate top AI talents and fill up a domestic talent gap, which is expected to be as large as million by 2030. Meanwhile, students, following results of the National College Entrance Examination being released starting from Sunday, have shown their interests in pursuing AI and related undergraduate courses in top universities, the Global Times learned.
China may take countermeasures while citing WTO rules to ask the EU scrap tariffs on Chinese electric vehicles (EV) during upcoming consultations, observers said on Tuesday, as Chinese officials reportedly will have talks with the European Commission (EC) in Brussels this week.
China's Foreign Ministry said on Tuesday that it has made solemn representations to the EU over the latter's sanctions against Chinese firms over claims of links to Russia.
In an ongoing effort to enhance the electricity business environment, a state grid power supply company in Zhoukou, Central China's Henan Province places a strong emphasis on enterprise demands, continuously refines the electricity process, reduces processing times, and deepens visits to enterprises. The company strives for high-quality and efficient solutions to meet enterprise demands, thereby boosting user satisfaction with electricity consumption.
China's accelerating efforts to develop new quality productive forces will create vast opportunities for both Chinese and foreign businesses, experts said during the China Economic Roundtable, an all-media talk platform hosted by the Xinhua News Agency, published on Monday.
Mobile World Congress (MWC) Shanghai 2024 will take place at the Shanghai New International Expo Center and Kerry Hotel Pudong, Shanghai from Wednesday to Friday, with a focus on 5G and artificial intelligence (AI) solutions, the Global Times learned on Sunday from host of the event, Global System for Mobile Communications Alliance (GSMA).
Polish President Andrzej Duda arrived in Beijing on Saturday to kick off a five-day visit to China, which will end on June 26, according to the Xinhua News Agency. Business representatives, a former Polish official and Chinese observers reached by the Global Times expressed high hopes that with Duda's ongoing visit, the two countries could enhance trade and economic cooperation, eyeing concrete cooperation and more measures to foster the joint building of the Belt and Road Initiative (BRI).
The US has reportedly issued draft rules that would restrict and monitor US investments in China for artificial intelligence (AI), computer chips and quantum computing, a move that observers said on Sunday shows that Washington has been tightening its restrictions to stymie the development of China's cutting-edge technologies, with the scope of curbs expanding from export bans to more irrational areas that could result in dire global consequences.
Manner Coffee, one of China's most popular domestic coffee brands, apologized on Friday night after a series of conflicts involving baristas and customers whose patience waned after waiting too long for their orders. The coffee chain vowed to reduce the waiting time and pay more attention to its baristas after overwhelming criticism over its intense workload placed on its employees.
New US tariffs will not hinder overseas expansion, said senior executives from one of China's leading energy storage firms, after the US announced new tariff rates on an array of Chinese imports, including a major hike in levies on Chinese energy storage.
China's first industrial-use nuclear energy steam supply project, Heqi No.1, was officially put into operation on Wednesday in Lianyungang, East China's Jiangsu Province. This marks a step forward in the comprehensive utilization of nuclear energy in China - not simply restricted to power generation or to meet the heating demand of urban households, but to expand into the field of industrial steam supply.
China's Ministry of Commerce (MOFCOM) on Wednesday firmly opposed and slammed the UK's sanctioning five Chinese companies by listing them on the grounds of alleged involvement with Russia, and the ministry vowed to safeguard the legitimate rights and interests of all Chinese enterprises.
China's payment industry group, Payment & Clearing Association of China (PCAC), issued a proposal on Tuesday calling for cuts to bank card payment fees across the country in order to improve the payment experience for foreigners while traveling and working in China.
China Rural Revitalization magazine has published a series of articles on the rapid development of rural areas in China with new transformations. The articles reflect the arduous efforts of rural revitalization across China, which is an important and genuine solution to China's rural economic development. In the future, articles selected from this series will be published.When Chinese President Xi Jinping visited Zhaojiawa, a hillside village in Kelan county under the jurisdiction of Xinzhou, North China's Shanxi Province on June 21, 2017, abject poverty still plagued the region at that time.
Hong Kong Exchanges and Clearing Limited (HKEX) will no longer suspend stock trading due to typhoon, rainstorm or other extreme weather conditions, starting from September 23, 2024, Hong Kong Special Administration Region Chief Executive John Lee Ka-chiu said on Tuesday.
Leading lithium-ion battery manufacturer CATL has sparked heated online discussion for allegedly requiring employees to work particularly long hours.
The year 2024 marks the beginning of the second decade of the development of the Belt and Road Initiative (BRI), a global cooperation platform China proposed in 2013 to support and add vitality to economic globalization and to help resolve global development challenges and improve global governance system. Against this backdrop, the Global Times is publishing a series of interviews with renowned scholars, think tanks, and financial institutions, sharing their insights on related topics. Global Times reporter Tao Mingyang (GT) recently interviewed Hussein Askary (Askary), vice-chairman of the Belt and Road Institute in Sweden to discuss how the BRI could maintain its momentum after one decade of development amid rising global headwinds.
The German Chamber of Commerce (GCC) in China released its 2024 Flash Survey on Monday, saying German companies operating in China have high expectations of their businesses in the Chinese market, and their optimism over the rebound of Chinese economy is returning.
The China Securities Regulatory Commission (CSRC) on Sunday vowed to further evaluate and refine rules for margin trading and securities lending, and enhance regulation of illicit short-selling to ensure market stability.
The thawing relations between China and Australia are expected to get a significant boost with the ongoing state visit of Chinese Premier Li Qiang to Australia starting on Saturday, the first visit by a Chinese Premier in seven years, Australian officials and business representatives said.
Chile has officially submitted an application to join the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement (FTA), and it looks forward to becoming the first Latin American country to join the pact, the China Central Television (CCTV) reported on Sunday.
A high-performance anti-interference ruthenium oxide thermometer used in quantum computing independently developed by a Chinese company set a new national record for temperature measuring, the Global Times learnt from Anhui Quantum Computing Engineering Research Center on Sunday.
The first high-speed sleeper train from the Hong Kong Special Administrative Region (HKSAR) arrived at Beijing West Station on Sunday morning, where local railway officials displayed banners to welcome the first batch of passengers on board, domestic media outlets reported.
China-New Zealand economic and trade ties are expected to be further strengthened amid Chinese Premier Li Qiang's ongoing visit to New Zealand, which began on Thursday. This visit will inject new impetus into bilateral relations, with representatives from business groups expressing high expectations and readiness to tap into the greater potential of bilateral economic and trade ties.
As the days get hotter and the sun sets later, the vibrant summer season has been injecting more vitality into China's economic revival, spurred by diversified seasonal consumption demand, from ways to cool down to shopping at bustling night markets.
According to Clark Meng, global sourcing manager of JD.com, a major player in Chinese e-commerce, "the online sale of fresh products will be crucial in the future." With a smartphone in hand, he gave a live demonstration of how easy it is to purchase fresh fruit online in China. For Italian producers attempting to boost the presence of authentic Made in Italy products in China, currently limited mainly to kiwis, pears, and red oranges due to stringent phytosanitary barriers, the internet could prove to be a game-changer, especially when combined with efficient logistics. The market statistics are staggering: The gross value of goods traded through e-commerce in China's rural areas, home to half of the country's 1.4 billion population, has surged to $46 billion, accounting for approximately 15 percent of all national e-commerce transactions.
China on Thursday announced that New Zealand is now placed in the list of the visa-free countries. After the announcement, the searches by New Zealand tourists for China-related keywords, in 30 minutes, increased by 65 percent from the previous day on online travel agency Trip.com.
Granarolo has officially introduced Granarolo Baby, the international version of its distinctive product line dedicated to the world of infancy, to the Chinese market. This new product line is designed to accompany children from zero to three years and beyond. The official launch took place at the 2023 Children, Baby, and Maternity Expo in Shanghai, the world's most important event dedicated to maternity. During the fair, the Italian Group showcased its comprehensive range of liquid products for infancy, tailored for different age groups: zero to six months, six to twelve months, and one to three years.
High-quality Italian food and wine has become a well-established reality on the international stage, to such an extent that the export of these culinary delights to all corners of the globe has become a strategic focus for several Italian food companies of all sizes. Some have successfully transformed this into a comprehensive business.
China National Gold Group Corp, the only state-owned enterprise in China's gold industry, will maintain a strong focus on securing strategic mineral resources and stands prepared to capitalize on acquisition opportunities, its chairman said on Wednesday.
About 40 diplomats from 28 countries visited the Commercial Aircraft Corp of China (COMAC) in Shanghai on Tuesday to learn about the latest progress that China has made in advanced manufacturing, part of a tour called "Global Insights into Chinese Enterprises" organized by the Ministry of Foreign Affairs (MOFA).
Business representatives and experts from New Zealand and Australia are eyeing the upcoming visits by Chinese Premier Li Qiang as a precious opportunity to deepen the potential of bilateral economic and trade ties.
Chinese experts said on Wednesday that the escalating abuse of export controls by the US and its relentless crackdown on China's chip sector reflect its deepening anxiety and depletion of tactics in the high-tech competition with China, serving as political maneuvering amid an election year.
The China (Shanghai) International Technology Fair (CSITF), known as the “weathervane” of China's technology trade, opened on Wednesday, with 28 Chinese and foreign companies and institutions debuting new products and technologies ranging from artificial intelligence (AI) large language models and biomedicine products to service robots and new materials.
With rising temperatures across the Northern Hemisphere, merchants in Yiwu, East China's Zhejiang Province, are seeing a surge in bulk domestic and export orders for sun protection products, ranging from “facekinis” to clothes, the Global Times learned, underscoring the country's manufacturing prowess.
The Nasdaq-style sci-tech innovation board of the Shanghai Stock Exchange, known as the STAR Market, will mark its fifth anniversary on Thursday. The board will continue to play an important role in deepening reforms in China's capital market and advancing the innovative transformation of the economy.
China's Foreign Ministry (FM) on Wednesday warned that the EU's anti-subsidy investigation of Chinese electric vehicles (EVs) violate the principles of the market economy and international trade rules, and will harm EU's self-interests.
Australian winemaker Penfolds is optimistic about opportunities in the Chinese market, and is aligning closely with Chinese partners, Tom King, Penfolds Managing Director told the Global Times recently.
Multiple listed companies in China have announced they are switching away from global auditing firm PricewaterhouseCoopers (PwC).
During the three-day Dragon Boat Festival holidays from Saturday to Monday, Air China held special events across multiple airports in China with a theme of experiencing traditional culture and customs, in order to celebrate the festival with passengers.
A worker in Hefei, East China's Anhui Province, gives up the Dragon Boat Festival holidays to speed up the production of steel in an economic demonstration park on June 10, 2024. China's steel export orders have been consistently improving this year. From January to May, steel exports increased by 24.7 percent year-on-year, showing a continuous trend of recovery, according to the General Administration of Customs. Photo: VCG
The Ministry of Commerce (MOFCOM) said China is willing to strengthen coordination and cooperation with Arab countries, and jointly promote greater development in China- Arab economic and trade ties.
The 40th anniversary of the establishment of diplomatic relations between the United Arab Emirates (UAE) and the People's Republic of China is an opportunity to reflect on all that has been achieved while confidently looking forward to the future accomplishments our partnership promises to bring.
A Chinese drone company has announced a landmark achievement of the first-ever drone delivery test on Mount Qomolangma from the Nepali side, marking the world's first round-trip high-altitude flight by a civilian cargo drone in the area. Such flights could offer crucial support for rescue operations and material transportation in high-altitude areas.
China's new-energy passenger car manufacturers sold 910,000 units through wholesale channels in May, up 35 percent year-on-year and 16 percent from a month earlier, data from the China Passenger Car Association (CPCA) showed on Tuesday.
US President Joe Biden has slapped major tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment. One of the reasons the US gave in the context of "overcapacity" to justify the tariffs are all superficial, and there's no need to spend too much effort on them. They talk about overcapacity, but why don't they mention the overcapacity in their own chip industry?
China's wheat harvest in major grain-producing provinces is gaining momentum, driven by advanced agricultural technology. More than 40 percent of the harvest across the country has been completed to date, according to official data.
Multiple Chinese electric vehicle (EV) enterprises reported an increase in sales during May, reflecting the remarkable performance of nation's EV production and demand amid annual weak consumption period.
China's private purchasing managers index (PMI) for the manufacturing sector released by Caixin hit 51.7 in May 2024, the highest level since 2022 July, which is 0.3 percentage point higher than April, indicated gains in vitality across nation's massive small and middle-size manufacturing firms.
The overall confidence of Chinese enterprises in the European business environment has been diminished, with the EU intensively adopting unilateral measures such as probes under the EU Foreign Subsidies Regulation (FSR), the China Chamber of Commerce to the EU (CCCEU) said on Sunday, expressing concern about the intensified situation for Chinese companies in the bloc.
China's Ministry of Industry and Information Technology announced on Thursday the granting of a license for space radio business via satellite constellation to Beijing-based commercial aerospace firm Guodian Gaoke, after it sent four satellites into orbit on Wednesday. The move will further support the nation's commercial aerospace development.
A Chinese court on Wednesday ruled that while Apple has a dominant position in the Chinese software market, it has not abused it, rejecting a Chinese consumer's lawsuit accusing the US tech giant of monopolistic practices regarding in-app purchase fees, according to media reports.
China's new-energy vehicle (NEV) market saw significant growth in sales in May, industry data showed, a sign of the sector's rapid development and strong consumer demand.