This article is by: CNBC
More: China could be the first in the world to start regular flights on pilotless passenger drones
An excerpt from CNBC:
Chinese startup Ehang says its autonomous passenger drones could soon be flying in the skies of China’s biggest cities, making the country one of the first in the world to roll out such a project.
Ehang announced a pilot project with the southern Chinese city of Guangzhou, in which it plans to set up three or four regular flight routes for passengers to take, the company’s co-founder Derrick Xiong told CNBC on Wednesday.
That could take place either this year or in 2020, Xiong said.
If that happens, China would be the first country to carry out such a program where passengers are able to travel in autonomous flying vehicles. Other places like Dubai are also looking into it, carrying out tests, but have not announced programs that resemble Guangzhou’s.
This article is by: Channel News Asia
Read more about it here: BMW, Tencent to open computing center in China for self-driving cars
An excerpt from Channel News Asia:
German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing center in China that will help develop self-driving cars.
The computing center, which will start operations by the end of the year, will provide cars with data-crunching capabilities to help them drive semi-autonomously and, eventually, autonomously. BMW said the new computing center will leverage Tencent's cloud computing and big data, and provide the automaker with infrastructure needed to develop the autonomous cars.
BMW says it will likely introduce semi-autonomous cars in China in 2021 which would need massive computing power to analyse real-time flow of digital information on road and traffic conditions.
This article is by: World Economic Forum
Read more about it here: China's lead in the global solar race - at a glance
In the space of 25 years, China will have gone from having virtually no solar panels to leading the world by a margin of more than 100%. China already has more solar capacity than any other country in the world, and is home to several massive solar farms. The country - the biggest clean energy investor in the world - is looking to dramatically increase the proportion of renewable energy in its power mix.
Estimates from Wood Mackenzie sees China’s photovoltaic panel installations hit a cumulative total of 370 GWdc (gigawatts in direct current) by 2024 - more than double the US’s capacity at that point. Moreover, China’s coal consumption has been steadily falling for some years, and alongside heavy renewables investment domestically and abroad, it has repeatedly pledged to cut back its use of dirty energy.
China’s growing renewable energy supply will allow it to become more energy independent, and, according to a report by the Global Commission on the Geopolitics of Energy Transformation and the International Renewable Energy Agency, will put it in a very influential position as the world’s renewable energy superpower. This will give China a competitive trading advantage and place it in a leading position when it comes to the manufacture of clean energy technology.
This article is by: China.org.cn
Read more about it here: How China cleans its air
An excerpt from China.org.cn:
Today we see real progress being made in China's efforts to create a better environment and improve its air quality. Due to the commitment of the government and the people, independent studies like a recent one by the University of Chicago acknowledge the drastic decrease in airborne fine particles in many Chinese cities.
An array of measures has made the country's economic advancement sustainable and encouraged international players to take serious action in their fight against air pollution. The toughest program launched by China in its war against pollution was the "Air Pollution Prevention and Control Action Plan" in 2013. In just four years, the concentration of inhalable particles decreased by 10% to 25% in large cities.
China's capital city, Beijing, is spearheading the campaign against air pollution. In its 20-year battle against pollution, the city reduced PM 2.5 content (microscopic particles in the air which reduce visibility) by over 40%, according to a report by the Beijing Municipal Ecology and Environment Bureau.
This article is by: South China Morning Post
Read more about it here: HSBC sets up US$880 million technology fund to find the next Tencent or DJI in southern China’s Greater Bay Area
An excerpt from South China Morning Post:
As companies are looking to cash in on the potential of uniting the infrastructure and development of the Greater Bay Area, HSBC said on Tuesday that it is creating a US$880 million technology fund to provide financing to early stage companies in the region.
In 2018, the GBA was home to nearly 120 million people and had a combined gross domestic product of US$1.6 trillion, making it larger than Australia if it were a stand-alone economy. The China Centre for International Economic Exchanges, a government-affiliated think tank, has estimated that the region’s GDP could exceed US$4 trillion by 2030.
This article is by: South China Morning Post
Read more about it here: How 5G is leading the world to another dimension of mobile connectivity
An excerpt from South China Morning Post:
IoT ("Internet of Things) envisions a self-configuring, adaptive and complex network that interconnects physical objects, each containing embedded technology to communicate, gather data and interact with mobile applications or other networks.
In Hangzhou, one of the country’s major technology hubs, evidence of the city’s smart infrastructure can be gleaned from how its public services function. Police officers are notified of major car accidents soon after they happen, traffic lights automatically adjust to changes in the volume of vehicles on the road, and in emergencies, fire trucks and ambulances are not stopped by a single red light until they arrive at the scene.
Those advances are enabled by Hangzhou’s City Brain project, a cloud computing and artificial intelligence-driven urban traffic-management system covering a total area of 420 square kilometres – that’s seven times the size of New York’s Manhattan island.
This article is by: VOA News
Read more about it here: Amazon Curtailing Business Operations in China
An excerpt from VOA News:
The company announced recently that as of July 18, it will no longer provide services through its Chinese website, Amazon.cn.
The decision means Amazon will stop selling goods from China-based vendors to domestic consumers on the portal. Although it is moving out of the e-retail business in China, Amazon will continue with its cross-border business, bringing foreign brands and goods to China, the company said.
China is considered by many as a difficult market for foreign players even without taking into account hindrances caused by government policy. In the case of Amazon, however, analysts said the reasons for its poor performance lie in its not being able to localize to meet the requirements of the market.
American and European brands will have to depend heavily on local e-commerce companies like Alibaba and jd.com to see their products, analysts said. Although Amazon will continue to sell foreign-made goods, its reach is limited in China because local companies dominate the cross-border trade as well.
This article is by CNBC
It is about the influence social media has in China
It is note worthy because again it shows how social media in China is much ahead of the West.
Read about it here From Lu Han to Papi Jian, Chinese celebrities are making a lot of money from social media
This article is by Reuters
It is about the two major commerce giants battling for partnerships with supermarket-chains
It is note worthy because It has an incredible impact on the Chinese economy
Read about it here Alibaba, Tencent rally troops amid $10 billion retail battle
This article is by The New York Times
It is about how China is changing the internet
It is note worthy because It is unbelievable how fast Chinese technology is implementing innovation and changing our lives compared to the West.
Read about it here How China is changing your internet
In August 2016, the New York Times published this incredible video about the internet in China.
For many this may be a very impressive realisation. And it is.
To us in China, WeChat is the 'one and only' connection to the outside world and to all the services available. From ordering food and groceries, ordering a cab or paying your utilities bills and buying your cinema tickets. Just to name a few.
Besides chatting with your friends and colleagues it is the main platform used in China to update your social whereabouts and post status updates and pictures.
WeChat started of as a little App called WeiXin as we remember it in the early days. It was -at that time- fun to try a new App and we compared it with WhatsApp saying : "This is the Chinese WhatsApp."
In a matter of a few years the messaging Apps cannot be compared anymore. Or should not be compared anymore.
WeChat is it all! And WhatsApp?... Well, nobody here uses that.
Your On-the-Ground People in China.
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