De Kai’s comments echo the sentiments of Tesla CEO Elon Musk and late British physicist Stephen Hawking.
Posted inHeavy Hitters
Briefing: China and US tied as leaders in 5G ‘readiness’
China maintained its top spot while the US surpassed South Korea and tied for first place.
Posted inWith Chinese Characteristics
Vendors protest eviction from Shenzhen’s historic Huaqiangbei electronics market
The electronics market was a place known for its openness, where innovation blossomed from the wisdom of the crowd.
Posted inWith Chinese Characteristics
Beverage giant Wahaha forms robotics company to step up smart manufacturing
Automation has become an essential part of the food industry in the past few decades using robotic systems for various applications.
Posted inWith Chinese Characteristics
Shanghai tech board shows fresh approach to listings by admitting loss-making chipmaker
In addition to subsidies, loans and bonds, private capital is the latest resource being mobilized to meet industrial goals.
Posted inThe Numbers
Briefing: Tencent’s ‘PUBG Mobile’ raked in more than $65 million in March
The game just had its best month yet in terms of gross revenue.
Posted inOn the Cusp
Briefing: China Unicom to expand eSIM pilot nationwide
eSIM adoption is widely seen as a critical factor to develop the market for the internet of things (IoT).
Posted inHeavy Hitters
Briefing: Tencent plans 10% share buyback in bid to boost value
Tencent’s move may help shore up the value of its shares, which has risen more than 40% since an October 2018 low.
Posted inHeavy Hitters
Briefing: Douyin launches premium ad format, TopView
The new ad format are splash screen ads that continue after the default three seconds.
Posted inOn the Cusp
Briefing: Shanghai regulators to introduce stricter P2P lending rules
No specific rules or requirements have been proposed, such as an implementation timeframe.