CategoryIndustry

The Cyberspace Administration of China (CAC) issued the Regulations on the Administration of Internet Group Information Services, which will be implemented on October 8, 2017. With the rapid development of mobile Internet, the Internet group has facilitated people’s work and life and enhanced the spiritual and cultural exchanges. At the same time, however, some obscene…

Local authorities across China began rolling out new drone regulations. Wu Xi, a southeastern city in Jiangsu province and Sichuan already had such regulations. On September 7, Shenzhen’s Legislative Affairs Office followed suit by issuing Management Rules of Small Unmanned Aerial Vehicle(UAV) (Briefly, Shenzhen Guidelines) and solicited opinions from the public. Shenzhen is known to…

On September 7, the Beijing Municipal Commission of Transport convened managers of the district management departments and 15 sharing bike companies. After listening to the opinions and advices on sharing bikes’ delivery and management, the commission decided to stop putting new sharing bikes into markets. All the sharing bike companies show their understanding and support…

Jack Ma marked the year 2017 as the first year of Alibaba’s retail business. From 2017, Alibaba business empire expands its territory—involved in the convenience stores with Lingshoutong (零售通), supermarkets with Hema Xiansheng (盒马鲜生) and Bailian (百联), department stores with the privatized Yintai (银泰), and local life service platform with Koubei (口碑). In the whole…

On September 5, after PBOC (The People's Bank of China) and six other administrations jointly issued Statements on Guarding against Risks of Initial Coin Offerings, a number of platforms suspended new businesses of ICOs and some even halted token withdrawal services. According to incomplete statistics, up till now, many ICO platforms, including birengou, vdpax.com, 91ICO,…

With higher and higher brand awareness of MI, increasing products copycat MI brand. Recently, MI’s registered trademark has been unauthorizedly used by a supermarket in Beijing. MI sued it to the court and claimed 100,000 RMB for compensation. MI company claims that all products authorized to use its registered trademarks "Xiaomi" and "MI" (original trademark…

On the afternoon of September 4th. at the BRICS Summit, Wang Xing, the Meituan CEO, thinks China's development and management in the field of Internet, especially the Internet+, has more referential significance to other BRICS countries and developing countries than the United States. Wang said that the integration between the Internet and people's living level…

In the future, it may take only 30 minutes to travel from Beijing to Wuhan by taking the Hyperloop Train developed by CASIC (China Aerospace Science & Industry Corporation). In Wuhan on August 30, on the 3rd China Commercial Aerospace Forum, Shiquan Liu, the vice general manager of CASIC said that CASIC has researched "hyperloop…

Can battle-tested and awe-inspiring Amazon and Jeff Bezos beat Alibaba and Jack Ma? A “historical” turning point is seemingly at hand: Alibaba could soon top Amazon in market value. On August 24, by the time the stock market closed, Alibaba’s market value was $445.5 billion, only a limit up away from Amazon’s $455.2 billion. Since…

Internet News Reports DJI On August 28, Tech-Web, a we-media, claimed it found DJI’s "secret base" in Shekou district, Shenzhen: DJI self-driving car is being tested there and Tech-Web even exposed photos of these cars. It is reported that the DJI self-driving car being tested is a Ford Edge SUV. From external observation, this self-driving…