July 1, 2025, 12:12 a.m.

Apple's shipments to China jumped 52% in April

Apple Inc's iPhone rebounded in China last month, with shipments surging 52 percent, helped by a series of discounts offered by retail partners.

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China's domestic passenger jet C919 has operated safely for more than 6,000 hours in the first year of commercial operation

China's homegrown large aircraft C919 marked its first anniversary of commercial operation on Tuesday, having accumulated more than 6,000 hours of safe operation.

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Profits at Chinese industrial companies rose 4% in April from a year earlier

Profits at China's industrial enterprises rose 4 percent in April from a year earlier, reversing a 3.5 percent decline in March.

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Shanghai has introduced nine new measures to reduce the social security age requirement for non-Shanghai residents

Shanghai has introduced nine new real estate measures and implemented them from May 28 to better meet the diversified housing needs of residents, including further optimizing the housing purchase restriction policy, supporting the reasonable housing demand of families with multiple children, and optimizing the housing credit policy.

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China sets up a large fund of more than 300 billion yuan to support semiconductors

In order to support the development of the semiconductor industry, China's National Integrated Circuit Industry Investment Fund (referred to as the Big Fund) Phase III joint-stock company was established with a registered capital of 344 billion yuan

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China has released its first large-scale speech model that supports the mixing of 30 dialects

Chinese operators have released the first large-scale voice model that supports 30 dialects.

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Tesla Shanghai energy storage super factory officially started

Tesla Shanghai energy storage Gigafactory officially started work in the new Lingang District of Shanghai on Thursday (May 23) afternoon, which is Tesla's first energy storage gigafactory project outside the United States.

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Vanke secured Rmb20bn in syndicated loans

Cash-strapped Chinese property giant Vanke has signed deals with leading financial institutions such as China Merchants Bank to secure 20 billion yuan ($3.8 billion) in syndicated loans. This is the largest single loan for real estate in China since 2020.

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Eu Chamber of Commerce in China: China is considering raising tariffs on imported US and European cars

The European Union Chamber of Commerce in China said China may consider raising temporary tariffs on cars imported from the United States or the European Union to as much as 25%.

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China's LPR remained unchanged for three consecutive months

China's loan market quote rate (LPR) remained unchanged in May, as in the previous two months.

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