Industry

As of press time, data from the Huobi platform shows Bitcoin falling below $30,000, down 32% from 24 hours ago and a new low since January.

Baidu's revenue for the first quarter reached RMB 28.13 billion ($4.29 billion), up 25% year-on-year, beating Wall Street's expectations of RMB 27.286 billion.

PingTouGe Semiconductor, the chip division of Chinese e-commerce giant Alibaba, today announced a new processor in its Xuantie series - the Xuantie 907.

Huawei will officially release HarmonyOS 2.0 to users worldwide on June 2, when Huawei phone users will be able to upgrade to the operating system, local media quoted a company executive as saying on Tuesday.

Huawei announced at the HarmonyOS Partner Summit on Tuesday that the HarmonyOS hardware ecosystem has been rebranded as HarmonyOS Connect.

WeChat is one of the most important channels for brands to reach their users, as it is the essential communication tool for almost every Chinese internet user. Now, the Van Gogh Museum in the Netherlands is also using this channel to reach out to its Chinese fan base.

A total of 11,788 candidates have applied for Hupan University in the past five years, but only 255 students have been admitted, an acceptance rate of 2.16%.

China has 280 million 5G cell phone end-user connections, accounting for more than 80 percent of the world's share, the MIIT said.

After a brief period of growth earlier in the year, China's smartphone market is back in recession.

As labor costs rise in China, more and more labor-intensive companies are moving their factories to other countries.