Chinese automaker BYD, a major force in the electric vehicle (EV) market, has sent shockwaves through the industry with the audacious introduction of the U9, its revolutionary electric supercar. This bold move marks BYD’s entry into the high-performance EV segment, challenging established players and showcasing the company’s potential to push the boundaries of electric car...
Emerging Fashion Brands from Futian Debut at Milan Fashion Week
Last Friday, fashion brands from Futian district, Shenzhen, in South China’s Guangdong province, made a notable debut on the runway of the Autumn/Winter Milan Fashion Week, held at the prestigious Milan Royal Palace in Italy. This marked the district’s first collective entry into the official schedule of the esteemed fashion event, known as the “Shenzhen...
Guangzhou Raises Minimum Salary Requirement for Expat Work Permits, Reflecting Evolving Talent Landscape
Guangzhou Raises Minimum Salary for Work Permits Guangzhou, a major city in Southern China, recently announced a new Guangzhou work permit minimum salary requirement for foreigners applying for work permits. Effective from July 13, 2024, this adjustment sets a minimum monthly income of 10,449 RMB (approximately $1,520 USD) and an annual income of 125,388 RMB ($18,330 USD)....
Tragedy in Nanjing: Fire in Residential Building Claims 15 Lives, Raising Safety Concerns
A devastating fire ripped through a residential building in Nanjing, China, early Friday morning, leaving 15 people dead and 44 injured. The blaze, which started around 4:39 AM local time, is suspected to have originated from electric bikes parked on the ground floor. According to state media reports, the fire quickly spread upwards, forcing residents...
Faster Travel to Shenzhen Airport: Pingshan to Reach Bao’an in Just 40 Minutes by 2026
Good news for residents of Shenzhen’s Pingshan district! Travel time to the bustling Bao’an International Airport will shrink significantly by 2026, with the completion of the Shenzhen-Dayawan Intercity Railway. This exciting project promises to connect Pingshan to the airport in just 40 minutes, streamlining travel and boosting convenience for residents and visitors alike. The intercity...
Tragedy Strikes Guangzhou: Bridge Collapse Leaves Five Dead
Guangzhou, China – A devastating bridge collapse in Guangzhou’s Nansha district has claimed the lives of five individuals and left two injured. The incident, which occurred on February 22nd at 5:31 AM, also temporarily isolated the nearby Sanmin Island, impacting its residents. The Lixinsha Bridge collapsed after the container ship “Lianghui 688” made improper maneuvers,...
Hong Kong’s Talent Scheme: Early Success, but Sustainability Concerns Remain
Hong Kong’s “Top Talent Pass Scheme” is attracting high-skilled professionals with lucrative salaries, but questions linger about its long-term sustainability. Launched in December 2022 to counter emigration and bolster growth, the scheme boasts impressive initial results. The program has attracted over 70,000 applications, with nearly 79% approved and 73% already arriving in the city. These...
Chaos in Guangzhou: Ship Fractures Bridge, Vehicles Fall into Water
A cargo ship collided with the Lixinsha Bridge in Guangzhou, southern China, on Thursday morning, causing a partial collapse and sending vehicles plummeting into the Pearl River below. Authorities are currently managing traffic and investigating the incident, but details about potential casualties remain unclear. Images from state media show the bridge fractured, with the ship...
Chinese Banks Extend Record Loans in January, But Central Bank Cautions on Growth
Chinese banks doled out a record 4.92 trillion yuan (US$684 billion) in new loans in January, marking the highest monthly figure ever and signaling Beijing’s intent to bolster the slowing economy. This figure surpasses the previous January record of 4.9 trillion yuan and December’s much lower 1.17 trillion yuan, exceeding even analyst expectations of 4.67...
Data Shrinking Marvel: Chinese Team Packs Petabytes onto DVD-Sized Disk
Imagine packing 10,000 times more data than a Blu-ray Disc onto a device no bigger than a DVD. This isn’t science fiction; it’s the groundbreaking achievement of a Chinese research team, and its implications extend far beyond simply shrinking data centers. This innovation opens doors to a greener, more efficient, and fundamentally transformed future of...