China has pledged fresh efforts in advancing the construction of new infrastructure projects in a bid to further stimulate new consumption demand and boost industrial upgrading.
China's consumption is on recovery path and further measures are underway to boost consumption upgrading and optimize supplies, an official with the country's top economic planner said Sunday.
China continued to see generally stable housing market in April, with home prices in 70 major cities showing milder month-on-month increases.more
China highly values artificial intelligence (AI) development and injects big in developing a new generation of AI technologies.more
Huawei took the lead in China's 5G smartphone market in the first quarter of 2020, the company said at its 2020 Global Analyst Summit.
China's e-commerce giant Alibaba on Friday reported a rosy quarterly revenue despite the economic impact of the COVID-19 pandemic.
China's leading search engine and AI technology firm Baidu reported that its non-GAAP net profit skyrocketed 219 percent year-on-year to 3.1 billion yuan in the Q1 of 2020 despite the adverse impact of COVID-19 epidemic.