Hyperloop Transportation Technologies to build Hyperloop in Southwest China with local partner

Hyperloop Transportation Technologies (HTT) will be building a Hyperloop track in the city of Tongren in Guizhou province, the Chinese government has confirmed. The concept of a hyperloop is to bring the speed of an airplane to ground transportation. HTT has ready signed a commercial contract with the Tongren Transportation & Tourism Investment Group of the People’s […]

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China’s mobile economy grew by over 20% amid intensifying competition

Driven by a growing number of mobile internet users, gross internet-based trading volume hit RMB 8.42 trillion ($ 1.25 trillion), a 22.2% increase compared to 2017, according to a report by QuestMobile. The report (in Chinese) covers China’s mobile ecosystem for the first half of 2018 and focusses on topics including mobile economy business models, new […]

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China may lead in technology, but not just yet

China has grand schemes for its technological development. In addition to the country’s AI plan, which the company hopes will make it a world leader in artificial intelligence by 2030, the “Made in China 2025” initiative highlights the nation’s development roadmap for next few years. The program, which has drawn Donald Trump’s ire, aims to […]

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