Top 10 Chinese cities with strongest GDP in 2020

Travelers visit Yangchenghu service area along the Shanghai-Nanjing expressway
Travelers visit Yangchenghu service area along the Shanghai-Nanjing expressway

China Daily | 20-Feb-2021

Shanghai, registering a GDP of 3.87 trillion yuan ($599.08 billion) last year, delivered the strongest economic performance among Chinese cities, according to a report by Chinese financial news outlet Yicai. Beijing also witnessed its GDP exceed 3 trillion yuan to 3.61 trillion yuan and took the second spot, followed by Shenzhen and Guangzhou. Nanjing, capital of East China’s Jiangsu province, entered the top 10 rankings for the first time since the reform and opening-up, while Suzhou, also in Jiangsu, saw its GDP break the two trillion yuan mark for the first time. Continue reading “Top 10 Chinese cities with strongest GDP in 2020”

China’s Baidu meets expectation in Q4 revenue, helped by AI development

Baidu's Intelligent Driving Group logo at World Intelligent Connected Vehicles Conference in Beijing [VCG]
Baidu’s Intelligent Driving Group logo at World Intelligent Connected Vehicles Conference in Beijing [VCG]
CGTN | 19-Feb-2021

China’s search engine giant Baidu Inc. has achieved its expected revenue, driven by artificial intelligence (AI) development, according to its financial report released on Wednesday. Its unaudited total revenue in the fourth quarter was up 5 percent to 30.3 billion yuan ($4.64 billion), meeting its internal projections. Continue reading “China’s Baidu meets expectation in Q4 revenue, helped by AI development”