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Whale Cloud and Ant International Forge Strategic Partnership to Expand E-Wallet and Super App Technologies

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Whale Cloud and Ant International have announced a strategic partnership to enhance and expand e-wallet and super app technologies globally. This collaboration aims to leverage Whale Cloud’s advanced cloud-based solutions and Ant International’s expertise in digital finance to drive innovation in mobile payment systems and super app functionalities. The partnership focuses on providing seamless, secure, and efficient digital financial services, …

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Qiangli Jucai Lights Up Nasdaq Screen in Times Square, Showcasing Global LED Market Leadership

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Qiangli Jucai, a leader in the LED market, recently celebrated its top global sales rank by lighting up the Nasdaq screen in Times Square, New York. This prominent display highlighted the company’s significant achievements and its dominant position in the global LED industry. The event is a milestone for Qiangli Jucai, underscoring its commitment to innovation and excellence in LED …

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YiwuGo Sees Surge in Pet Supplies Transactions

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YiwuGo, the renowned online wholesale marketplace, is experiencing a significant increase in pet supplies transactions. As global demand for pet products continues to rise, YiwuGo has become a bustling hub for pet supplies, attracting buyers and suppliers from around the world. This surge highlights YiwuGo’s vital role in facilitating international trade and supporting the booming pet care industry. The platform’s …

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China-Manufactured Smart Watch OLED Shipment Share Exceeds 60% in 1H24

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China’s manufacturing sector continues to dominate the global market, with a recent report highlighting that over 60% of the world’s smartwatch OLED shipments in the first half of 2024 were produced in China. This significant market share underscores China’s leading role in the electronics manufacturing industry and its impact on global supply chains. Key Highlights Market Dominance: According to the …

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CNBF Daily Brief 1.3.2023

In China Business News by China Business Forum1 Comment

The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 52.6 in February, up from 50.1 in January, according to data from the National Bureau of Statistics. A reading above 50 indicates expansion, while a reading below reflects contraction. The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 56.3 in February, up from 54.4 in …