Porsche Appoints Alexander Pollich as CEO of China, Targeting Market RecoveryGerman luxury car manufacturer Porsche officially announced on July 21st that Alexander Pollich, currently Chairman of the Executive Board of Porsche AG, Germany, will succeed Michael Kirsch as Chief Executive Officer (CEO) of Porsche China, effective September 1st, 2024. He will be responsible for operations in mainland China, Hong Kong, and Macau...

2024 Q3 Smartphone Market Report: Robust Recovery Amidst Fierce CompetitionMarket research firm TrendForce recently released a report indicating a strong recovery in the smartphone market during the third quarter of 2024, coinciding with the peak sales season. Major manufacturers launched numerous flagship models, effectively stimulating an increase in overall smartphone production...

China's Robotaxi Ventures Overseas: A Global Market Race Filled with Challenges and OpportunitiesIn Japan, high taxi fares and service quality issues stemming from an aging driver population highlight the urgent need for autonomous driving technology. Compared to the convenient and low-cost ride-hailing service in mainland China (around $0...

Tencent Travel Services partners with Tangshan Municipal Government to launch "Nearby Jobs" gig market function, boosting employment in TangshanOn December 5th, Tencent Travel Services officially announced its collaboration with the Tangshan Human Resources and Social Security Bureau, the Tangshan Lubu District Government, and the Tangshan branch of China Post, to launch the "Nearby Jobs" gig market function in Tangshan City. Powered by the "Youhuo" (meaning "have work") platform, which provides technical and operational support, this marks Tangshan as the second city in China, following Jiangmen in Guangdong Province, to experience this convenient employment service...

Beijing Daxing International Airport: A "Utopia" for Beijing's "North Drifters" and an Unexpected "Overnight Culture"Back in 2014, Beijing Capital International Airport's passenger volume was steadily increasing, reaching unsustainable levels. To divert passenger flow and enhance Beijing's aviation hub status, the national government decided to build Beijing Daxing International Airport...

Old Phone Chargers Get a Makeover: Your Home's "Treasure" is More Powerful Than You Think!As technology rapidly advances, smartphones are being replaced at an increasingly faster pace. Many people, eager to experience the latest features, end up "retiring" their old handsets...

Seres Automotive Responds to Controversial Accident Appraisal of AITO M7: Vehicle Data Normal, Appraisal Conclusion in Doubt, Police Report Filed and Lawsuit InitiatedSeres Automotive released a statement today, addressing the appraisal conclusion regarding the recent AITO M7 accident that has been circulating online. The statement pointed out that on July 6, 2024, an AITO M7 was involved in a traffic accident in Guangzhou...

Douyin E-commerce Global Purchase Makes Its Debut at CIIE, Empowering Overseas Brands to Enter the Chinese MarketFrom November 5th to 10th, the 7th China International Import Expo (CIIE) was held at the National Exhibition and Convention Center (Shanghai). Douyin E-commerce Global Purchase participated for the first time, showcasing products from over ten countries...

Bosch Group Faces Economic Challenges, Announces Over 7,000 Job CutsGerman industrial giant Bosch Group recently announced that it will not meet its economic targets in 2024 and may further adjust its workforce. This news has garnered significant attention within the industry, reflecting the immense challenges posed by the global economic downturn and the automotive industry's transformation...

From Overnight Fame to Debt-Ridden: Was Xin Xiaodai's "Lucky Fish" Life a Blessing or a Trap?In October 2018, Xin Xiaodai's phone buzzed with a notification about an Alipay lottery campaign she had become one in a million lucky winners, claiming the super prize known as the "China Lucky Fish." The prize included over 100 valuable gifts from internationally renowned brands, worth approximately 100 million yuan, containing travel opportunities to dozens of countries, luxurious hotel vouchers, various luxury brand product coupons, and more...

Alibaba Global Mathematics Competition Sparks Controversy: Teacher Violates Rules, Raises ConcernsAccording to the official website of DAMO Academy, on November 3, the organizing committee of the Alibaba Global Mathematics Competition issued a statement regarding the 2024 competition. The results were announced, with a total of 86 winners, including 5 gold, 10 silver, 20 bronze, and 51 honorable mentions...

Ronshen "Pure Realm Vanguard Camp" Factory Exploration: Uncovering the Vibrant Stories Behind Technology, Unveiling the Secrets of Refrigerator Freshness PreservationAs Double Eleven (China's Singles Day) approaches, Ronshen refrigerators, in an effort to provide consumers with a deeper understanding of the technological prowess behind a good refrigerator, launched the "Pure Realm Vanguard Camp" factory exploration event. Recently, several prominent B station and Zhihu KOLs (Key Opinion Leaders) visited Ronshen's research and development center...