XPeng Receives 500M Yuan in Funding From Guangdong Government
Chinese electric vehicle (EV) maker XPeng Motors announced on Monday that it has secured funding worth 500 million yuan ($77 million) from the Guangdong provincial government.
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UNDP Supports Tsinghua University in Organizing Global Dialogue on AI Cooperation and Governance
The United Nations Development Program (UNDP) joined Tsinghua University to support the inaugural International AI Cooperation and Governance Forum which kicked off on Dec. 19.
6/24/20256 min read
Private Chinese Aerospace Firm Galactic Energy Completes Rocket Engine Test
Galactic Energy, a Chinese private space launch enterprise, announced that it has carried out a successful test run of its self-developed Welkin 50-ton reusable liquid oxygen/kerosene engine.
6/24/20252 min read
SHEIN Sets Up Supply Chain HQ in Guangzhou with 3.69 Billion Yuan Investment
SHEIN has plans to establish an intelligent warehousing logistics distribution park that will integrate various functions such as warehousing, stockpiling, picking, distribution, delivery, and settlement.
6/24/20252 min read
Pinduoduo Outstrips Baidu as Fifth Largest Internet Company in China
According to Tencent Technological News, Chinese group buying e-commerce platform Pinduoduo surpassed Baidu in market value, becoming the fifth largest Internet company in China.