China's Car Imports Remain Sluggish in 2024: 12% Decline, Sharp Drop in New Energy Vehicles
China's Car Imports Remain Sluggish in 2024: 12% Decline, Sharp Drop in New Energy VehiclesChina's car import market continued its slump in 2024, with total imports reaching only 700,000 units, a 12% year-on-year decrease. This continues a downward trend observed since 2017...
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China Railway Group Limited (CRGL) officially debunks "speed-up" ticket booking software: Not a shortcut, but a pathway to risk
China Railway Group Limited (CRGL) officially debunks "speed-up" ticket booking software: Not a shortcut, but a pathway to riskIn response to numerous passenger complaints regarding 12306 ticket purchasing and the use of "speed-up" ticket booking software, China Railway Group Limited (CRGL) issued a statement on January 22nd via its official WeChat account. The statement clearly indicates that the 12306 platform has never cooperated with any third-party "speed-up" software and details the functionality and potential risks associated with such software...
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Dago Bio Completes Over $20 Million A+ Round Funding to Accelerate Novel Molecular Glue Drug Development
Dago Bio Completes Over $20 Million A+ Round Funding to Accelerate Novel Molecular Glue Drug DevelopmentLate 2024, Dago Bio (hereinafter referred to as Dago), a biotechnology company focused on developing molecular glue drugs targeting undruggable targets, announced the successful completion of a Series A+ financing round exceeding $20 million. This round was co-led by Zhejiang Province's "4+1" Biomedicine and High-end Medical Device Industry Fund, Takeda Ventures, Fengchuan Capital, Longmen Capital, HaoYue China Healthcare Fund, and AIM-HI Accelerator Fund...
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Star Ace Capital Group and Abu Dhabi Investment Office Partner to Build a Global Esports Industry Benchmark
Star Ace Capital Group and Abu Dhabi Investment Office Partner to Build a Global Esports Industry BenchmarkStar Ace Capital Group recently announced a five-year strategic partnership with the Abu Dhabi Investment Office (ADIO). Under the agreement, Star Ace Capital Group will relocate its global headquarters to Abu Dhabi and collaborate closely with ADIO to foster the growth of Abu Dhabi's gaming, media, and entertainment industries...
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Hisense Television Leads the 100-Inch Large-Screen Market in 2024, Achieving an Unparalleled Industry Legacy
Hisense Television Leads the 100-Inch Large-Screen Market in 2024, Achieving an Unparalleled Industry LegacyIn 2024, 100-inch large-screen TVs emerged as a new growth engine in the television market. Data from OviCloud shows that overall sales of 100-inch TVs increased by a remarkable 2...
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WeChat Launches "Gifts" Feature: Streamlining Gift-Giving and Powering Social Commerce Growth
WeChat Launches "Gifts" Feature: Streamlining Gift-Giving and Powering Social Commerce GrowthWeChat recently launched a "Gifts" feature within the individual chat interface. Prominently located in the bottom-right corner of the chat window (next to the "+" button), this feature serves as a "super entrance" to the WeChat chat interface...
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Xiao Chen, a Chinese expert, Elected Chair of IEC/TC45: China's Influence in Nuclear Instrumentation and Control Standardization Reaches New Heights
Xiao Chen, a Chinese expert, Elected Chair of IEC/TC45: China's Influence in Nuclear Instrumentation and Control Standardization Reaches New HeightsOn January 21st, the State Administration for Market Regulation of China announced that Xiao Chen, an expert from China National Nuclear Corporation (CNNC), was elected Chair of the International Electrotechnical Commission's Technical Committee 45 (IEC/TC45) on nuclear instrumentation and control. This is the first time an expert from an Asian country has held this position, marking a new high in China's influence on international standardization in the field of nuclear instrumentation and control...
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Poland: An Emerging Market for Chinese Cross-border E-commerce, Cainiao Overseas Warehouses Fuel Explosive Growth
Poland: An Emerging Market for Chinese Cross-border E-commerce, Cainiao Overseas Warehouses Fuel Explosive GrowthLocated in the heart of Europe, Poland is rapidly becoming a key foothold for Chinese cross-border e-commerce sellers entering the European market. Driven by a booming e-commerce market and growing consumer demand for Chinese goods, the Polish e-commerce sector is experiencing explosive growth, attracting numerous Chinese merchants...
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The Central Political and Legal Affairs Work Conference Focuses on Autonomous Driving Legislation: Fast-Tracking Industry Development
The Central Political and Legal Affairs Work Conference Focuses on Autonomous Driving Legislation: Fast-Tracking Industry DevelopmentFrom January 12th to 13th, the Central Political and Legal Affairs Work Conference was held in Beijing. The conference emphasized the importance of using scientific legislation to address new challenges, specifically mentioning the Ministry of Justice's need to proactively propose legislative suggestions for key areas, emerging fields, and areas involving foreign affairs...
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The SHEIN Foundation Officially Launches: Partnering with ACT to Drive Textile Recycling and Sustainable Development in Africa
The SHEIN Foundation Officially Launches: Partnering with ACT to Drive Textile Recycling and Sustainable Development in AfricaOn January 20th, online retailer SHEIN officially announced the launch of the SHEIN Foundation, dedicated to fostering sustainable development and inclusive growth in the communities where it operates. Serving as SHEINs philanthropic arm, the Foundation will focus on improving community well-being, protecting biodiversity, and advancing sustainable transformation...
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BCIGroup Launches New Brand: Qineng Technology, Focusing on Next-Generation Infrastructure Construction
BCIGroup Launches New Brand: Qineng Technology, Focusing on Next-Generation Infrastructure ConstructionOn January 20th, BCIGroup officially announced the launch of its new business brand, Qineng Technology. This new brand will focus on three key business segments in China: advanced energy, advanced parks, and advanced equipment, marking a significant strategic adjustment and further deepening of BCIGroup's overall strategy...
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The Trump administration's potential TikTok ban could trigger a global domino effect: Lessons from the Kaspersky case
The Trump administration's potential TikTok ban could trigger a global domino effect: Lessons from the Kaspersky caseA recent BBC report suggests that if the Trump administration continues its push to ban TikTok, its spread to US allies and beyond is merely a matter of time. Analysts draw parallels to previous US actions, citing the expulsion of Chinese and Russian tech companies on national security grounds as a precedent for a globally proliferating TikTok ban...
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