Pandaily’s Digest #20220511
The Tencent Music Data Research Institute released the “2021 Chinese Digital Music Annual White Paper” on Tuesday.
Tencent Report: 1.145 Million New Chinese Songs Launched in 2021
The Tencent Music Data Research Institute released the “2021 Chinese Digital Music Annual White Paper” on Tuesday. The report shows that the total number of new Chinese songs reached 1.145 million in 2021, maintaining a year-on-year increase of 53.1%. This means that in 2021, a new song was launched every 27 seconds on average.
Battery Maker Gotion Hi-Tech Signs Deal With Argentinian Mining Firm
Gotion Hi-Tech, a Chinese power battery manufacturer, announced on Monday that it had signed a strategic cooperation agreement with Jujuy Energía y Minería Sociedad del Estado (JEMSE), an Argentinian state-run mining company. The two sides have decided to carry out cooperation for the protection of local lithium mining resources, the construction of a lithium carbonate refinery and the expansion of downstream business.
Centrin Data Reaches Strategic Cooperation With Huawei Digital Power
Cloud computing services provider Centrin Data and Huawei Digital Power held a signing ceremony for a strategic cooperation in Beijing on Monday, establishing a comprehensive partnership between the two sides.
ByteDance’s Douyin Group Establishes New “Toutiao” Firm, Adding to IPO Rumors
A new subsidiary of Chinese tech giant and TikTok owner ByteDance was established on Monday, named “Beijing Toutiao Information Technology Co., Ltd.,” with legal representative Luo Lixin and a registered capital of 1 million yuan ($148,894).
SAIC Motor to Invest Over $1B in New Energy Smart Cars
Chinese state-owned automobile manufacturing company SAIC Motor announced on Monday that in order to deepen its layout in the field of new energy and intelligent and connected vehicles, it plans to subscribe an additional capital contribution of 7.5 billion yuan ($1.12 billion) to the Qingdao SAIC Innovation and Upgrading Industry Equity Investment Fund Partnership (L.P.).
Automated Driving Company Plus Launches “Plus Build” Program in US
Plus, an automated driving heavy truck company, announced on Monday the launch of the “Plus Build” program in the United States. Velociti, a world leading fleet technology solution provider, is serving as the technical support partner.
Baidu’s Autonomous Driving Travel Service Platform Apollo Go Begins Operations in Wuhan
Apollo Go, Baidu’s autonomous ride-hailing service platform, officially began offering its services in Wuhan’s Economic & Technological Development Zone (WHDZ) on Tuesday. The company will provide autonomous driving services for city residents.
Leapmotor C01 EV Released, Maximum Range Exceeds 700km
The C01, a new model produced by electric vehicle firm Leapmotor, was officially unveiled and opened for pre-sale on Tuesday. The new car will be available in five versions with a price range from 180,000 yuan to 270,000 yuan ($26,784 – $40,176).
Alibaba’s Cainiao Releases Plan to Aid Cross-Border Logistics Amid Pandemic
In order to alleviate the impact of the COVID-19 pandemic on Chinese cross-border e-commerce, Cainiao, a logistics company launched by Alibaba, has released a plan called “Cross-Border Worry-Free,” with eight measures for import and export businesses in areas affected by the pandemic.
DJI Releases Mini 3 Pro Camera Drone
Chinese drone manufacturer DJI officially released the DJI Mini 3 Pro camera drone on Tuesday, with the price ranging from 4,198 yuan to 5,788 yuan ($624 – $861).
