(China Daily) United States President Donald Trump is seemingly using TikTok, a popular social media platform owned by Chinese tech company ByteDance, as a bargaining chip for Sino-US economic and trade relations, experts and market insiders said on Tuesday.

And a forced stake selloff through the use of political pressure deviates from the principles of market economy and fair competition, they said.

They said the US government uses so-called national security threats as an excuse to contain and crack down on Chinese companies operating in the US, which not only harms the legitimate rights and interests of these enterprises, but also disrupts healthy market order and impedes global economic growth.

(Reuters) TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to create AI models capable of tackling complex problems.

The company released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME, a benchmark test that measures how well AI models understand and respond to complex instructions.

(Xinhua) The number of 5G base stations in China has hit 4.25 million, with the number of gigabit broadband users surpassing 200 million, official data showed Tuesday.

More than 4,000 5G factories have been established nationwide, according to the Ministry of Industry and Information Technology.

The number of 5G mobile phone users has surpassed 1 billion, with a population penetration rate exceeding 71 percent and the average monthly mobile data usage per user at 19 GB.

(China Daily) China's latest move to improve security governance for data circulation is expected to better fully unleash the value of data elements, boost the high-quality development of the data industry and bring about more business opportunities for data security enterprises, experts said.

(China Daily) The Guizhou government set its 2025 plan for digital economy development, aiming to establish the province as China's computing power center and grow the industry value to 12 billion yuan ($1.64 billion), according to provincial Governor Li Bingjun.

During the third session of the 14th Guizhou Provincial People's Congress, Li announced in his report the advancement of 75 major projects, including Huawei Cloud's global intelligent computing center.

(China Daily) Chinese carmakers are busy exploring overseas markets, but they still have a long way to go before becoming "world-class" companies, according to a report from consulting firm Roland Berger.

Statistics from the China Association of Automobile Manufacturers show that China shipped 5.85 million units out of the country in 2024, retaining its position as the world's largest auto exporter for the second year running.

(China Daily) Private enterprises in China have shown their strong technological and engineering capability by manufacturing big rockets, advanced satellites and powerful drones. Now, one of them is determined to go further: making a superfast suborbital airliner that can tremendously shorten intercontinental travel time.

(AP)  President Donald Trump signed an executive order Monday to keep TikTok operating for 75 days, a relief to the social media platform’s users even as national security questions persist.

TikTok’s China-based parent ByteDance was supposed to find a U.S. buyer or be banned on Jan. 19. Trump’s order could give ByteDance more time to find a buyer.

“I guess I have a warm spot for TikTok,” Trump said.

(China Daily) The number of netizens in China has reached 1.1 billion by the end of last year, 16.08 million more than in 2023, according to a report released by the China Internet Network Information Center on Friday.

The proportion of internet users aged 50 and above has increased from 32.5 percent in December 2023 to 34.1 percent, meaning that the internet has been further penetrating into the middle-aged and elderly population, the Statistical Report on China's Internet Development showed.

(Xinhua) China's sales of home appliances surged in 2024 under its policy-backed trade-in program, according to the Ministry of Commerce (MOC) on Saturday.

Retail sales of home appliances and audio and visual equipment under the scheme reached 1.03 trillion yuan (about 143.29 billion U.S. dollars) in 2024, according to data from the National Bureau of Statistics. This marks the first time the figure has surpassed the 1 trillion yuan threshold and represents a 12.3 percent year-on-year growth.
Loading