20191011 China News
Source: | Author:eacham | Published time: 2019-10-11 | 1057 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:

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Chinese artificial intelligence (AI) firm iFlytek Co Wednesday forecasted significant profit growth in the first three quarters of this year. In a filing to the Shenzhen Stock Exchange, iFlytek expected its net profit attributable to shareholders to reach at least 330 million yuan ($46.7 million) in the first nine months.

Chinese online education startup VIPKid confirmed a new round of financing led by Tencent Holdings Ltd on Monday, right after the country unveiled its latest guideline to encourage online education platforms following a tightening in policies implemented over the past year.

China's first research and testing base for unmanned surface vessels will be put into operation by the end of this year, becoming a public technology service platform for marine equipment between Guangdong province and the neighboring Hong Kong and Macao special administrative regions.

Chinese consumers are scrambling to be the first batch of users of 5G mobile services, with more than 10 million having pre-ordered mobile package services for the fifth-generation wireless technology.

The Chinese-made drones are an "incredible story of modern technology", said Benoit Guillot, program director of the French drone company Artelia.

Jack Ma and his family took the crown of richest Chinese individuals with a total fortune of 275 billion yuan ($38.56 billion) followed by Ma Huateng, 260 billion yuan, and Xu Jiayin, 210 billion yuan, according to the 2019 LEXUS·Hurun China Rich List issued by Hurun Research Institute on Thursday.

China's electric vehicles were a main means of transport on expressways during the National Day holiday, with the battery charge doubling year-on-year, data from the industry showed.

Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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