# China
Latest news and articles about China
Total: 775 articles found

Tesla to Expand Autonomous Driving in China? Reporter Seeks Confirmation
Tesla is reportedly considering launching its autonomous Robotaxi service in China, as indicated by a recent job posting linked to the project at its Shanghai Research Center. While the company has not confirmed these plans, it has been expanding its Robotaxi operations in the U.S. and is preparing for a significant rollout in multiple urban areas by 2025. Tesla's Shanghai Gigafactory continues to play a crucial role in its global production and export strategy.

Why the U.S. Has Set a Deadline of June 2027 for Semiconductor Tariffs: China Holds a Key to Breaking the Stalemate
The U.S. Trade Representative's Office plans to impose tariffs on Chinese semiconductor products starting June 2027, citing concerns over China's growing dominance in the semiconductor industry. This decision stems from an investigation initiated during the Biden administration and reflects the U.S.'s recognition of China's rapid advancements in this sector. Analysts suggest that the timeline may be a strategic move to retain negotiation leverage and avoid immediate escalation of trade tensions.

Completion and Delivery of ITER Correction Field Coil Procurement Package in Hefei
The Hefei Institute of Physical Science has successfully completed and delivered the procurement package for the correction field coils of the ITER project. This milestone marks a significant advancement in the international effort to harness nuclear fusion as a sustainable energy source.

Man Who Paid for 25-Year iQIYI Membership Faces Refund Difficulties; iQIYI Responds: Refund Process Initiated
A man in China discovered he had inadvertently purchased a 25-year membership for the streaming service iQIYI, leading to complications when he sought a refund. iQIYI has acknowledged the situation and initiated a refund process, but challenges remain due to the deactivation of the original payment account. The incident has sparked discussions about automatic renewals and refund policies in the streaming industry.

Over 70% of Provinces Have Per Capita Income Below National Average
A recent report reveals that over 70% of Chinese provinces have per capita disposable incomes below the national average, highlighting significant regional and income disparities. The report underscores the challenges posed by low domestic demand and income inequality, with wage income being the primary source of household earnings.

Visiting Red Landmarks Along the Xi'an-Yan'an High-Speed Railway
The launch of the Xi'an-Yan'an high-speed railway on December 26 serves as a tribute to the revolutionary history of the region, particularly highlighting the contributions of Xi Zhongxun. This railway not only facilitates modern transportation but also aims to promote historical awareness among visitors to significant revolutionary sites.

Guidelines for AI Humanization Interaction Services Proposed by China's Cyberspace Administration; Chip Maker Xindao Becomes First to Release Annual Report on Sci-Tech Innovation Board
China's Cyberspace Administration has proposed guidelines for managing AI humanization services, emphasizing legal compliance and ethical standards. Concurrently, Xindao Technology has become the first company to disclose its annual report on the Sci-Tech Innovation Board, highlighting significant growth in AI-related orders. The National Data Bureau is also encouraging financial support for data technology innovation.

State-Owned Assets Supervision and Administration Commission Signals Central Enterprise Restructuring by 2026
The State-Owned Assets Supervision and Administration Commission (SASAC) has announced plans for significant restructuring and mergers among China's central enterprises by 2026, focusing on strategic areas to enhance competitiveness and efficiency. This initiative aligns with directives from President Xi Jinping to optimize the state-owned economy's layout amidst a complex international landscape, emphasizing technological innovation and resource integration.

People's Bank of China Report: Overall Financial Risks in the Country Are Contained and Manageable
The People's Bank of China has reported that financial risks within the country's banking sector are largely contained and manageable, with the majority of institutions rated as stable. The report highlights a significant reduction in high-risk banks and emphasizes ongoing efforts to improve the financial ecosystem through targeted reforms and risk management strategies.

Rumors of JD.com Acquisition Propel Dingdong Maicai's Stock Surge by 10%
Dingdong Maicai's stock surged by over 10% amid rumors of a potential acquisition by JD.com, although neither company has confirmed the speculation. JD.com has been expanding its offline retail operations, while Dingdong Maicai continues to show strong financial performance with consistent revenue and profit growth.

Mother Company of Suspected Runaway Porsche Center Cleans Up Website and Social Media Accounts
Dong'an Holdings Group, the parent company of several Porsche centers in China, has reportedly ceased operations, leaving customers and employees in financial distress. The company cited market downturns and competitive pressures as reasons for the closure and has promised to address outstanding payments and operational issues. Porsche China is investigating the situation and has apologized to affected customers.

National Data Bureau: Expanding High-Quality Data Circulation and Trading Methods Adapted to Artificial Intelligence Development
The National Data Bureau of China is seeking public input on a draft aimed at enhancing data circulation methods to support artificial intelligence development. The initiative encourages collaboration among data service institutions and industry leaders to create high-quality datasets and improve data services for AI applications.