Wang Weiming News Today

Chinas auto production and sales rose 7.4 percent and 7.9 percent year on year, respectively, in the first seven months of this year, posting steady growth, according to an official from the Ministry of Industry and Information Technology (MIIT). Addressing a press conference on Tuesday, MIIT offic ..

Hong Kong: I&T forum hosted at Science Park

The HKSAR and HKTDC inaugurated InnoEX on Wednesday in a push to strengthen inter-regional cooperation in the innovation and technology industry.

China has made historic achievements in equipment manufacture industry with continuous scale expansion, structure optimization and the built-up of key equipment with cutting-edge technologies, in the past decade, the China Securities Journal reported on Wednesday quoting Wang Weiming, an official from the Ministry of Industry and Information Technology.

Industrial robots are expected to see rapid growth in China as the recovery of the downstream manufacturing sector and the expansion of production of lithium batteries, new energy vehicles and other industries drives demand.

Already the largest robot producer, China will hold 50% of the cobot market in the next two years.

By Li Zhen China has been the world's largest consumer of industrial robots for eight consecutive years. According to statistics released by China's Ministry of Industry and Information Technology (MIIT), the country's robot industry reported revenue of over 100 billion yuan (about $15.7 billion) for the first time in 2020.…

The competition in China's new energy vehicle market is set to intensify because of the soaring price of lithium batteries, global chip shortages and a reduction in government subsidies on the vehicles, industry experts said.

The competition in China's new energy vehicle market is set to intensify because of the soaring price of lithium batteries, global chip shortages and a reduction in government subsidies on the vehicles, industry experts said.

The competition in China's new energy vehicle market is set to intensify because of the soaring price of lithium batteries, global chip shortages and a reduction in government subsidies on the vehicles, industry experts said.