China's industrial profits drop 2.9% in first 10 months

China's industrial profits drop 2.9% in first 10 months

MRCM News / 2019-11-27

BEIJING - Profits of China's major industrial firms dropped 2.9 percent year-on-year in the first 10 months of the year, data from the National Bureau of Statistics (NBS) showed Wednesday.The decline widened from a 2.1-percent fall in the first nine months, said...

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From Bronze to Gold

From Bronze to Gold

MRCM News / 2019-11-26

It's your rare chance to own a ritual vessel from ancient China, courtesy of famed art dealer and Asian art expert Christian Deydier at his new gallery in Hong Kong. People in ancient China believed strongly in spirits and the afterlife – and that the...

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UBTech Robotics inks $362m AI deal in UAE

UBTech Robotics inks $362m AI deal in UAE

MRCM News / 2019-11-19

Chinese artificial intelligence unicorn UBTech Robotics has inked a deal worth $362.4 million to step up AI teaching labs for students in the United Arab Emirates, marking another big push in its efforts to go global.The company, backed by internet giant Tencent Hol...

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Innovative digital healthcare focus of Beijing event

Innovative digital healthcare focus of Beijing event

MRCM News / 2019-11-14

The Digital Healthcare Innovation Startup Demo Day took place in Zhongguancun, known as "China's Silicon Valley", in Beijing's Haidian district on Tuesday, when 10 companies showed their innovative solutions in the industry.The event, which aims to...

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Australian businesses leave CIIE with plans to return

Australian businesses leave CIIE with plans to return

MRCM News / 2019-11-13

For Australia the recently concluded second China International Import Expo has been very successful, and the third CIIE is highly anticipated. Many Australian businesses have already signed on for next year's expo according to Tim Dillon, commissioner to Greate...

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Nov 11 spending spree kicks off second decade

Nov 11 spending spree kicks off second decade

MRCM News / 2019-11-11

Latest: Tmall's Singles Day sales hit 200 billion yuan in about 14 hours and 21 minutes.It took just 96 seconds for Alibaba Group to net the 10 billion yuan ($1.43 billion) worth of gross merchandise volume at midnight of Nov 11 as the internet conglomerate...

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Should we worry about facial recognition technology?

Should we worry about facial recognition technology?

MRCM News / 2019-11-10

Editor's note: Facial recognition technology has increasingly been used in China, from airports, hotels, hospitals, restaurants and even tourist spots. Guo Bing, an associate professor of law at Zhejiang Sci-Tech University, has filed a lawsuit against a local s...

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These new soft actuators could make soft robots less bulky

These new soft actuators could make soft robots less bulky

MRCM News / 2019-11-07

ngineers at the University of California San Diego have developed a way to build soft robots that are compact, portable and multifunctional. The advance was made possible by creating soft, tubular actuators whose movements are electrically controlled, which makes th...

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China to account for 33% of global 5G users by 2025

China to account for 33% of global 5G users by 2025

MRCM News / 2019-11-06

China is expected to account for at least one-third of the global 5G users by 2025, Zhao Dachun, vice-general manager of a major telecom operator, China Mobile, said during a parallel forum of the third China Enterprise Reform and Development Forum on Nov 3.Zhao sai...

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Key experiences

Key experiences

MRCM News / 2019-11-05

Visitors to the OPEN MIND stand at EMO Hannover this year were able to watch the company's hyperMILL solution milling a component in the form of a car key to symbolize its "“Key to success" trade show slogan. In addition, however, this component ...

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