DJI Agriculture, a leading Chinese company in agricultural drone technology, has released its 2023/2024 Agriculture Drone Industry Insight Report. This comprehensive report highlights significant growth and advancements in the global agricultural drone market, emphasizing the pivotal role of drone technology in modern agriculture. Key Findings The report reveals that by June 2024, agricultural drones had treated over 500 million hectares …
Beijing Sees Surge in Entry and Exit Trips in First Half of 2024
Beijing’s border inspection agency recorded nearly 8.3 million entry and exit trips in the first half of 2024, marking a 185% increase compared to the same period last year. The rise is attributed to the summer travel season and relaxed travel policies facilitating tourism, business, and work. The 72/144-hour visa-free transit policy, expanded to 20 cities including Beijing, has been …
New China-Europe Freight Train Route from Huanghua Port to Moscow Boosts International Trade
A cargo train carrying 30 TEUs departed on June 25 from Huanghua Port in Cangzhou, Hebei Province, to Moscow, marking the regular monthly operation of a new China-Europe freight train route. This 8,000-kilometer journey, expected to take 15 days, exemplifies the “Belt and Road” initiative, enhancing cooperation between China and Europe. The train connects several Chinese cities and carries diverse …
China’s Retail Market Poised for Rapid Growth Through 2028
The retail market in China is projected to expand by USD 1192.7 billion between 2024 and 2028, growing at a compound annual growth rate (CAGR) of nearly 8.09%. This surge is fueled by the premiumization of products and a shift towards online and omni-channel trade. However, challenges such as rampant counterfeiting in the premium segment persist. Key players in this …
China Leads in Generative AI Adoption, Survey Reveals
Generative AI is rapidly transforming industries worldwide, with China at the forefront, according to a recent global study by SAS and Coleman Parkes Research Ltd. The study highlights that 83% of Chinese organizations have adopted Generative AI (GenAI), outpacing the UK (70%), the US (65%), and Australia (63%). Despite leading in adoption, the US is ahead in GenAI maturity, with …