Guangdong

New Business

China premier urges Guangdong to ignite economic growth amid intensified competition

During a visit to Guangdong, China’s largest provincial-level contributor to gross domestic product, Premier Li Qiang emphasised the need for…

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New Business

China’s wealthy swap real estate for insurance, gold as retirement looms

Since 2020, Li Jiang, a veteran manufacturing entrepreneur from Guangdong, has been selling off his properties one by one –…

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New Business

China’s ‘black flying’ drone dilemma: when tech advancement clashes with aviation safety

After drones were flown in China at heights above 8,000 metres (26,247 feet) – approaching that of Mount Everest –…

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New Business

Chinese expert calls for world models and safety standards for embodied AI

Speaking on Saturday at an industry event in Shanghai, Yao said core capabilities such as “reasoning, planning and control should…

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New Business

Chinese robotaxi firm Pony.ai bets on ‘asset-light’ strategy for growth

Chinese autonomous-driving technology firm Pony.ai is betting on an “asset-light” strategy and newer generations of low-cost driverless cars to drive…

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New Business

China’s Guangdong targets doubling GDP by 2035 despite slowing growth

Guangdong, China’s largest provincial economy, has vowed to double its economy by 2035 from 2022 levels, in line with the…

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New Business

Factory of factories: China’s manufacturers join wave of overseas expansions

With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of…

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New Business

China’s Yangtze River Delta reins in ‘profit-driven’ fines in relief for private sector

Entrepreneurs and legal experts have welcomed a move by Shanghai and its neighbouring provinces of Jiangsu, Zhejiang and Anhui to…

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New Business

As more of China becomes ‘moderately aged’, how will its economy change?

Early in the morning in cities across China, groups of people gather in public squares, moving as one in slow,…

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New Business

‘Not in this economy’: Guangdong’s huge subsidy scheme falls flat with consumers

In early November, China’s most populous province launched its biggest ever consumer subsidy programme, with the government pledging to commit…

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