China’s Social Credit System

The subsidies also highlight concerns about slowing domestic demand. Credit: 123rf China’s National Development and Reform Commission (NDRC) and Ministry of Finance on Wednesday announced new policies for equipment upgrades and consumer goods trade-ins in 2025. The policies aim to boost key sectors by providing subsidies for purchasing new digital…

Credit: 123rf Beijing is planning to revise its rules controlling global access to battery manufacturing technologies in a tit-for-tat move after major Western economies including the European Union and the United States decided to impose punitive tariffs on China-made electric vehicles. Chinese companies would have to obtain a government permit…

Thunderbird Innovation unveiled its first AI-powered camera glasses, the Thunderbird V3, on Jan. 7, according to Chinese media outlet Cailianpress.com. The glasses feature a custom-built intent recognition model from Alibaba Tongyi, marking the first collaboration between a large AI model and an AI glasses hardware manufacturer in China. Developed in…

Hunters put protective gear on a dog before a nighttime wild boar hunt in Weinan, in northern China's Shaanxi province - Copyright AFP JADE GAO Sam DAVIES In the frigid night of China’s Qinling mountains, hunters with huge social media followings scour the landscape in pursuit of wild boars menacing…

In a dramatic escalation of US-China tensions, Tencent Holdings Ltd. and Contemporary Amperex Technology Co. Ltd. (CATL) have been added to a US blacklist for alleged ties to China’s military. The surprise move rattled markets, sending Tencent’s stock plummeting 7% and CATL’s shares down 3%. Both companies deny the claims,…

ByteDance logo on its office. Credit: ByteDance ByteDance has launched its first overseas micro drama product, Melolo, and formed a new team to oversee its global short-form content strategy, according to Chinese media outlet 36kr. The company is also recruiting for several positions related to overseas short-form content. Why it…

Hebei, China, 7th January 2025, ZEX PR WIRE, 28th December, 2024, at the prestigious LIWA Hero Festival in the Middle East, GWM’s TANK 500 Hi4 Z edition lead the charge and made a bold and unforgettable entrance, capturing the attention of off-road enthusiasts and global fans alike. Through an exciting series…

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55% of China social app users reported having bought or paid for goods or services on a social app, and of those who have made purchases, more than half were between 50 and 250 yuan, with more than 90% below 1000 yuan according to iResearch. Most consumers have accepted social…

55% of China social app users reported having bought or paid for goods or services on a social app, and of those who have made purchases, more than half were between 50 and 250 yuan, with more than 90% below 1000 yuan according to iResearch. Most consumers have accepted social…