In June, Amazon purchased Silicon Valley electric robotaxi company Zoox for about billion, signaling again its intentions in the automotive space.
In December last year, Yuci Technology, which sells cooking pots online, posted a promo on the internet in which Mo appeared to be acting as an official spokesman for, and fan of, the company's products.
In January this year, when British Prime Minister Theresa May visited China, Wuhan was her first stop. “This delivered a message to us about how important Wuhan is in Sino-British relations,” Qu added.
In China, corporate VC is growing rapidly, and more companies have VC arms and they are actively looking for disruptive technologies that can enhance their core business, according to Philip Ng, partner and head of technology, at KPMG China.
In July, the company had teamed up with Tencent and Geely Automobile to set up a firm for providing Wi-Fi services in high-speed trains.
In Guangzhou, which issued its first red alert of the year for flooding on Sunday, the Zengcheng, Huadu, Panyu and Huangpu districts were hardest hit by the heavy downpours.
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In January, the US government blocked Alibaba's financial arm's purchase of US money transfer platform MoneyGram and Huawei's cooperation with one leading US telecom service provider over similar concerns.
In June 2019, China officially approved 5G commercial services, marking the start of a smart new era as the application of the superfast wireless technology helps connect more things, services and market players.
In January, the Supreme People's Court opened the national-level IP court to improve efficiency in the hearing of IP appeal cases.
In June, the listed arms of Shenhua Group, the country's largest coal producer, and China Guodian Corporation, a major electricity generator in China, suspended trading of their stocks on the same day, a move widely considered to signal a merger.