Zhong Shanshan Slams Pinduoduo's Low-Price Strategy: Who's Paying for E-commerce Price Wars?Recently, Nongfu Spring chairman Zhong Shanshan, during an inspection trip to Ganzhou, Jiangxi province, sharply criticized the price wars prevalent in e-commerce platforms, particularly Pinduoduo's "hundreds of billions subsidy" strategy. He believes this low-price tactic is not only a case of "bad money driving out good," but also significantly harms Chinese brands and industries, reflecting deeper underlying issues in industrial development...

Airbus's Multi-Billion Dollar Outsourcing to India: A Cost-Cutting Strategy or a Global Aviation Safety Risk?China, the world's largest aviation market, is a key target for Airbus. The April 2023 mega-deal underscores this, with Airbus executives viewing China as its biggest client and possessing immense market potential...

China Telecom Global and Tencent Cloud Sign Strategic Cooperation Agreement to Empower Chinese Enterprises' Global DevelopmentChina Telecom Global Limited ("China Telecom Global") and Tencent Cloud recently signed a strategic cooperation agreement, marking a deeper and broader collaboration to support Chinese enterprises in their global expansion. This strategic partnership encompasses multiple areas, including cross-border dedicated lines, overseas digital infrastructure, overseas cloud service sales, and overseas data acceleration...

DRAM Price Decline Accelerates: Downward Pressure on the Market to Continue Through 2025The fourth quarter is a critical period for DRAM industry contract pricing, and market dynamics are undergoing significant changes. According to the latest report from TrendForce, the decline in DRAM prices is accelerating, driven by a double whammy of oversupply and weak demand...

Shenzhou 15 Orbital Module Falls in Los Angeles: A Global "Extraterrestrial Visitor" EventA video taken by a young boy in the US and quickly spreading online shows a metallic capsule falling into his backyard, sparking global attention. The video also rapidly trended in China, with the hashtag Shenzhou15OrbitalModuleFallsInLA generating much online discussion and jokes about an "extraterrestrial visitor...

China's Methane Hydrates: Challenges and Opportunities Behind the World's Largest ReservesWith the continuous growth of global energy demand and increasingly severe environmental problems, methane hydrates (also known as combustible ice or natural gas hydrates) have attracted widespread attention worldwide as a new type of clean energy. China, boasting the world's largest reserves of methane hydrates, holds a significant position in this field, but also faces enormous technological, economic, and environmental challenges...

360 Group and China Telecom Yunnan Company Sign Strategic Cooperation Agreement to Forge a New Digital Security LandscapeOn November 13th, 360 Group and China Telecom Yunnan Company officially signed a strategic cooperation agreement. Both parties will engage in in-depth collaboration centered around digital security, artificial intelligence, and government and enterprise ICT projects, jointly building a service ecosystem with complementary advantages and resource sharing...

State Grid Corporation of China's Comprehensive Smart Energy Company Partners with Alibaba DAMO Academy to Empower Industrial and Commercial Energy Storage Efficiency with Minute-Level Intelligent Charging and Discharging StrategiesState Grid Corporation of China's Comprehensive Smart Energy Company (hereinafter referred to as "State Grid Comprehensive Energy"), leveraging the "Tianshu No. 1" Smart Energy Internet of Things platform and Alibaba DAMO Academy's optimization solver, has developed the country's first optimization solution subsystem for industrial and commercial energy storage...

Honeycomb Technology and Bao Shi Da Group Form Strategic Partnership to Explore New Opportunities in Smart Glasses MarketRecently, Beijing Honeycomb Century Technology Co., Ltd...

China Communications Industry Association and Huolala Sign Strategic Cooperation Agreement to Promote Digital Upgrade of the Moving IndustryRecently, the China Communications Industry Association and Huolala officially signed a strategic cooperation agreement, jointly promoting the high-quality digital development of the moving industry. According to the agreement, the two parties will establish strategic cooperative relations in multiple areas such as social transportation capacity, digital economy, new generation information technology, and credible application construction of electronic certificates...

NetEase Cloud Music and Kakao Entertainment Enter into Deep Strategic Partnership, K-POP Music Content Exclusively PremieresOn October 24, NetEase Cloud Music and Kakao Entertainment, a comprehensive Korean entertainment company, announced a deep strategic partnership. The two parties will engage in deep collaboration in areas like new song premieres and music promotion...

ZTE's Q3 Report: Steady Operations, Accelerated Growth in Multiple Fields, and Deepening Digital TransformationZTE released its Q3 2024 report on October 21, 2024. The report shows that from January to September 2024, the company achieved revenue of 90...