Ministry of Industry and Information Technology

New Business

Chinese EV maker BYD’s profits fall as price war at home swamps surging overseas sales

China’s electric-vehicle (EV) king BYD reported a 30 per cent drop in profits in the second quarter as surging overseas…

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China tightens rare earth rules, extending controls to imported minerals

China on Friday announced tightened rules over the mining and processing of rare earths, extending controls to imported minerals and…

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Chinese EV makers’ July sales dip 5% as narrower discounts cool vehicle buyers’ ardour

Electric vehicle (EV) sales in mainland China hit a speed bump last month, sparking worries about the industry’s growth momentum…

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Chinese carmakers rein in EV price cuts at Beijing’s behest as discount war takes its toll

Chinese carmakers have refrained from offering steep discounts to align with Beijing’s efforts to protect a vital industry, but an…

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China aims for its brain-computer interface firms to rival Elon Musk’s Neuralink

Chinese brain-computer interface (BCI) companies, such as Nanjing Panda Electronics and MicroPort NeuroScientific, are benefiting from supportive policies, as the…

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Economists call for reform as China’s famed marketisation index drops

Chinese economists have called for more pro-market reforms to tackle economic imbalances and vicious intra-industry competition, as a new report…

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As China vows once again to tackle solar panel oversupply, will this time be different?

China has vowed to reduce excessive competition and oversupply in its solar photovoltaic (PV) industry, which is continuing to explore…

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Chinese chipmaker Sophgo adapts compute card for DeepSeek in Beijing’s self-reliance push

Chinese chipmaker Sophgo has adapted its compute card to power DeepSeek’s reasoning model, underscoring growing efforts by local firms to…

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CATL executive warns of risks from EV price cuts, calls on Beijing to intervene

A senior executive from Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), urged authorities…

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Chinese premier urges faster tech applications amid US export controls

Chinese Premier Li Qiang has called for a push to speed up the application of new advances in science and…

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