Asset revamp plans of A-share firms gather pace

Visitors check out promotional videos at the China Minmetals booth during an expo in Shanghai in May. [Photo provided to China Daily] The A-share market’s increased focus on high-quality development has been reflected in the recent wave of mergers and acquisitions among leading market players and the industrial restructuring initiated by State-owned enterprises. According to … Continue reading Asset revamp plans of A-share firms gather pace

Vehicles, road and cloud key to future of driving

A technician conducts a road test on a self-driving vehicle in Wuhan, Hubei province, on July 4. [Photo/Xinhua] Vehicle-road-cloud integration is crucial for advancing the next phase of industrial applications for intelligent connected vehicles, with pilot projects nationwide showing significant progress, said industry experts. More complex than single-vehicle intelligence, vehicle-road-cloud integration uses artificial intelligence and … Continue reading Vehicles, road and cloud key to future of driving

Changchun invests big in traffic infra

Technicians carry out quality tests on vehicles at Hongqi’s manufacturing base in Changchun, Northeast China’s Jilin province. [Photo/Xinhua] Changchun, Jilin province launched a “vehicle-road-cloud integration” construction project on Tuesday, planning to invest 12.7 billion yuan ($1.75 billion) to build typical demonstration scenarios in its traffic hubs, urban roads, expressways and highways over the next three … Continue reading Changchun invests big in traffic infra