New dynamics emerge as China, Africa upgrade industrial cooperation
After more than 10 years of development, the TEDA Cooperation Zone, a trusted platform for investment and cooperation between enterprises of China and Egypt, is upgrading by adding new industries.
Macro
China's digital economy reaches 39.2 trln yuan in 2020
China's digital economy grew to 39.2 trillion yuan (about 6.07 trillion U.S. dollars) in 2020, accounting for 38.6 percent of the country's total GDP and up 9.7 percent year-on-year, according to a report.
Industries
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China's electronic information manufacturing sector maintains stable growth
China's electronic information manufacturing industry maintained stable growth in the first eight months of the year, data from the Ministry of Industry and Information Technology (MIIT) showed.
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China's sci-fi industry exceeds 36 bln yuan in H1
The output value of China's sci-fi industry reached nearly 36.3 billion yuan (5.6 billion U.S. dollars) in the first half of 2021, according to an industry report.
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Companies
China's leading truck brand speeds up new energy transformation
Jiefang, a truck brand of China's leading automaker FAW Group, will invest over 30 billion yuan (about 4.64 billion U.S. dollars) to develop new energy vehicles during the 14th Five-Year Plan period (2021-2025).
Boeing, GAMECO to add two production lines for converted freighters
Boeing and Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO) on Tuesday announced plans to create two new production lines for converted freighters in the southern Chinese city of Guangzhou.
Tesla sets up data center in China
U.S. car manufacturer Tesla has set up a data center in China to localize all data generated from its business in the country, including production, sales, service and charging, its chief executive Elon Musk said.
