Made-in-China robots empower upgrading of manufacturing industry
China's installed capacity of industrial robots currently accounts for more than 50 percent of the world's total. Statistics showed that there are currently more than 1.5 million robots in operation in factories in China, twice the figure recorded in Europe.
Macro
Chinese NEV enterprises drive, thrive on AI track
A visitor sat in a new energy vehicle and asked its intelligent system to find a suitable nearby parking lot. Within a few seconds, the screen displayed the locations of many nearby parking lots, as well as the optimal choice.
In-depth
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Economic Watch: Summer travel boom in China to propel economic momentum
China is gearing up for a substantial surge in travel and tourism as the bustling summer vacation season kicks off, with analysts expecting the rapidly warming domestic market to further boost economic recovery.
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Economic Watch: Indicators reveal sound economic recovery momentum in H1
Recently released indicators point to continuous, solid momentum in China's economy during the first half of the year, building confidence in a broader recovery.
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Companies
Tesla emerges as new participant in Chinese government procurement
Several state-owned enterprises in the Shanghai pilot free trade zone have recently procured a batch of Tesla Model Y vehicles for corporate use, marking Tesla's entry into China's government procurement arena.
McDonald's invests in food supply chain in central China
U.S. fast food chain McDonald's has teamed up with four bakeries and food suppliers, including Bimbo and Tyson Foods, to jointly launch a food supply base in central China's Hubei Province.
