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Talks between Chinese regulators and US pharmaceutical company Pfizer regarding the potential inclusion of Paxlovid, an orally administered COVID-19 medication, in the country's public health insurance scheme have broken down.
Tesla suddenly posted record-low vehicle prices for the Chinese market on January 6, causing many Chinese car owners to organize in an attempt to defend their consumer rights.
An advanced driver-assistance system has turned out to be a must-have for car buyers, as eight out of 10 are willing to pay for the feature, said Zhang Kai, the chairman of autonomous driving company Haomo.AI, at the firm's seventh AI Day event held on January 5.
Baidu Research, a leading AI research lab initiated by Baidu, released its predictions on January 5 for the top 10 technology trends of 2023, including big models, digital-real convergence, virtual-real symbiosis, autonomous driving, and more.
At the end of December, Baidu founder Robin Li held an internal livestreaming session for all employees and pointed out many internal management and business problems.
Xiaomi's first car reportedly will be a medium-sized fastback sedan referred to by internal code "Modena," with two versions for which the prices have not yet been decided.
Recently, on JobStreet, a recruitment website in Southeast Asia, Chinese coffee chain Luckin Coffee was shown to be recruiting store managers in Singapore, offering a monthly salary ranging from S$3,800 to S$4,900 ($2,824 - $3,641).
Since the pandemic broke out, extracorporeal membrane oxygenation (ECMO), a technique used to offer patients prolonged respiratory and cardiac support, has attracted significant attention. Recently, China's first domestic ECMO equipment was approved for public sale.
Chinese smartphone brand realme officially confirmed on January 5 the launch of its GT Neo5 smartphone in mainland China in February. This all-new offering will be capable of 240W fast charging – the fastest speed under the Type-C standard.
A certified account belonging to the Chinese division of Japanese electronics giant Sony has recently been banned. On January 5, the CEO of Weibo responded that a blog post from Sony China was interpreted as attacking medical experts, and that a final punishment had just been approved.
On January 5, BYD's new luxury electric vehicle brand Yangwang, which had been promoted by the firm for a long time, was officially unveiled. During a media event, the new U8 sports utility vehicle and U9 pure electric supercar were shown.
On January 6, the starting prices of Tesla's Model 3 and Model Y in China dropped to 229,900 yuan ($33,458) and 259,900 yuan ($37,825) respectively, the lowest prices ever for both vehicles, with an estimated delivery period of one to four weeks.
News that Apple will cut manufacturing orders caused its major Chinese supplier Luxshare Precision's stock price to fall on Wednesday. However, Luxshare clarified the situation in its latest announcement on Thursday morning.
Chinese lifestyle-sharing app Xiaohongshu has recently undergone an update, replacing the shopping section in the second column of the homepage with a new videos section, indicating the increasing importance of the medium.
On January 3, the first work day of 2023, CEO of Chinese tech firm LeEco Zhang Wei issued a letter to all employees, announcing that a 4.5-day working system would be implemented the following day, giving all employees a flexible half-day every Wednesday.
Ma Jie, the vice president of Baidu, said on January 4 that the tech giant is set to unveil a metaverse solution called XiRang MetaStack. The solution enables the creation of an independent metaverse in only 40 days, which would have otherwise taken from six months to a year to complete.
2022 was a turbulent year for the Chinese electric vehicle industry. William Li, Chairman and CEO of NIO, sent a letter to all employees on the first day of the new year, listing eight problems that need to be settled.
Li Auto, a Chinese electric vehicle company, delivered 21,233 new cars in December of last year, an increase of 50.7% year-on-year. Now, the firm expects that the monthly delivery volumes in 2023 may hit 40,000 units.
During this year's CES tech gathering in Las Vegas on January 3, Chinese electric vehicle giant BYD demonstrated its intelligent automotive cockpit equipped with US firm Nvidia's on-demand cloud gaming service, known as GeForce NOW.
Youku, a video streaming platform that operates as a subsidiary of Alibaba, changed the login rules for member accounts. Now, only one account can be logged in on a single smartphone simultaneously, down from the previous limit of three.