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Foxconn Proposes to Buy Sharp: Report

Dec 29, 2015

It's being reported Hon Hai Precision Industry, aka Foxconn, may be prepared to spend around 2.5 billion U.S. dollars to acquire Sharp Electronics. The proposed price is said to be about 50 percent higher than Sharp's current market ...

Tags: Foxconn, Sharp

China to Strongly Develop Robot Industry

Dec 29, 2015

The World Robot Conference 2015 is set to close in Beijing on this Wednesday. During the three-day expo, China has been encouraging overseas robotics companies to share technologies with China-based vendors. Meantime, China is ...

Tags: Robot Industry

Deutsche Bank to Sell 20 Pct Hua Xia Stake

Dec 29, 2015

Deutsche Bank has agreed to sell its 20-percent stake in China's Hua Xia Bank to PICC Property and Casualty Co. for over 3.3 billion US dollars. Germany's biggest lender says the completion of the transaction will be subject to customary ...

Tags: Deutsche Bank, Hua Xia Stake

Wearable Technology Is No. 1 Fitness Trend for 2016

Dec 28, 2015

Nearly 3,000 health and fitness experts worldwide have voted wearable technology as the number one fitness trend of 2016. The trend list also includes high intensity interval training and yoga. The American College of Sports Medicine ...

Tags: Wearable Technology

China to Sell 160,000 3D Printers in 2016

Dec 25, 2015

Shipment of 3D printers in the Chinese market is expected to reach 160,000 units in 2016, outperforming the U.S. market, market research firm IDC said on Tuesday. Mo Minyi, an analyst with IDC China, said despite sales' volume, China will ...

Tags: 3D Printers

NASA Suspends 2016 Launch of Mars Lander due to Instrument Leak

Dec 25, 2015

U.S. space agency NASA said Tuesday it has suspended the planned launch of a Mars lander called InSight in March 2016 due to unsuccessful attempts to repair a leak in a French-built seismological instrument. "The bottom line is that we're ...

Tags: NASA, Mars Lander, Instrument Leak

Nuclear Power Plant to First Use Chinese-designed Hualong One Technology

Dec 25, 2015

Construction of the second unit of a pilot nuclear power project began in Fuqing, southeast China's Fujian Province on Tuesday. The project will use the domestically-developed third generation reactor Hualong One technology. Hualong One ...

Tags: Nuclear Power Plant, Hualong One Technology

"Internet Plus" Revives Small Towns in Eastern China

Dec 25, 2015

Zhai Ruiren, a doctor in the Eastern coastal city of Qingdao is treating a patient 1,800 kilometers away via the Internet. The patient, 11-year-old Rinchen from Gannan Tibetan Autonomous Prefecture, has myelodysplastic syndrome (MDS), ...

Tags: Internet Plus

Xinjiang's Natural Gas Output Exceeds 30 Bln Cubic Meters

Dec 25, 2015

Northwest China's Xinjiang Uygur Autonomous Region has produced more than 30 billion cubic meters of natural gas this year, ranking second in the country following Shaanxi Province. According to the latest statistics from the region's ...

Tags: Natural Gas

China to Lift 10 Mln Rural People out of Poverty in 2016

Dec 25, 2015

China aims to lift over 10 million rural people out of poverty in 2016, so as to make a good start for the next five years, according to a poverty relief meeting on Thursday. The next year's work will integrate the central and local ...

Tags: Rural People, out of Poverty

China Donates Demining Equipment to Cambodia, Start-up Funds to ASEAN Regional Mine Action Center

Dec 25, 2015

China on Thursday donated mine clearance equipment to Cambodia and start-up funds to the ASEAN Regional Mine Action Center. The 500,000-U.S. dollar donation included office equipment worth about 250,000 dollars to Cambodia, and start-up ...

Tags: Demining Equipment, Mine Action Center

China's Central Bank to Continue Financial Support for Tibet

Dec 25, 2015

China's central bank has vowed to continue preferential financial policies to support Tibet for the next five years. The People's Bank of China promised more direct financing and financial bonds to facilitate small and medium enterprises ...

Tags: China's Central Bank, Tibet, Financial Support

Mobile tech Facilitates SAT Examinees

Dec 24, 2015

A new mobile-technology-assisted APP has recently been made available to young Chinese students in a hope to better tackle the modified SAT, a standardized test for college admissions in the United States. The SAT will undergo its biggest ...

Tags: Mobile tech, SAT Examinees

U.S. Economic Growth Revised Down to 2 Pct in Q3

Dec 24, 2015

The U.S. Commerce Department on Tuesday revised down its estimate for the real gross domestic product(GDP) in the third quarter to a growth of 2 percent, slightly lower than its last projection of 2.1 percent. The growth was on par with ...

Tags: U.S.Economic, Down

China Southern Airline Buys $2 Billion Planes From Airbus

Dec 24, 2015

China Southern Airlines has announced an order to purchase 10 Airbus aircraft worth over 2 billion U.S. dollars, to help meet the growing demand for travel in China. The wide-body aircraft are expected to be delivered between 2017 and 19. ...

Tags: China Southern Airline, Planes