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Hard tech players now adored by more investors

2022-01-29

Chinese investors are pivoting to new opportunities in hard technologies with venture capital investments in related areas hitting a new high, which experts believe will help replicate the success of the consumer internet in new growth.

Assistive technology empowers China's eldercare service

2022-01-21

With the words "confirmed fall" flashing in red, the name, age and precise positioning of an elderly man popped up on a big display at an eldercare service operation center in Shanghai.

China's smart voice market hears sweet call of growth

2022-01-14

China's intelligent voice market size is projected to grow from 21.7 billion yuan ($3.4 billion) in 2020 to 28.5 billion yuan in 2021, with an estimated annual increase of 44 percent, according to the white paper on the development of China's intelligent voice industry (2020-2021) released on Dec 18, People's Daily said on Jan 5, 2022.

China aims to be hub of global robotics industry

2022-01-06

China is aiming to become an innovation hub for the global robotics industry by 2025, as it works to achieve breakthroughs in robotics components and widen the application of smart machines in more sectors.

Digital music market rapidly expanding

2022-01-05

China's digital music market has witnessed steady growth along with the popularization of the mobile internet and relentless official efforts to combat piracy, and Generation Z consumers－born between the mid-1990s and the early 2010s－are increasingly willing to pay for copyrighted online music, experts said.

Young powering cross-border e-commerce sector

2021-12-30

China's cross-border e-commerce sector has witnessed rapid growth, as the country's young consumers logged increasing demand for high-quality diversified and personalized overseas products amid strong consumption upgrade, industry experts said.

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