SGPAST

China has become the most important global production base for virtual reality hardware, said a senior official at China's top industry regulator, the Ministry of Industry and Information Technology.

SHANGHAI - Although Hollywood films are popular around the world, they can hardly shake the status of domestically produced films in the Chinese market, according to a China Film Association report.

An exquisite exhibition of art and crafts from the Oceania region was unveiled in Shanghai recently, offering Chinese visitors an opportunity to peek into the ancient culture and society of the Pacific islands.

CAIRO - China's auto industry SAIC Motor and Egypt's largest car sales company Mansour Automotive Group signed on Monday in Cairo a joint venture agreement to manufacture MG brand cars in Egypt.

Although the international community acknowledges the Belt and Road Initiative has been yielding tangible results, some say there is widespread corruption in Belt and Road projects, claiming Chinese-funded enterprises are the main exporters of corruption.

Shanghai aims to establish a complete hydrogen energy and fuel cell vehicle industrial chain in its northwestern Jiading district, a new effort by the city to greatly develop the fuel cell industry, experts said.

Shanghai-based SAIC Motor Corp's first shipping route to the west coast of South America was launched on Thursday, and a ship carrying more than 3,000 vehicles manufactured by Chinese automakers will embark on its maiden voyage early Friday morning.

China's leading energy equipment producer Shanghai Electric Group is making a mark in international markets by signing a strategic partnership deal with SIMEC Energy Australia on Monday to jointly build a renewable energy project in South Australia.

With the approach of full commercial use of 5G, local governments in China have intensively introduced their plans on 5G development recently, as regions like the Pearl River Delta region, Yangtze River Delta region and Beijing-Tianjin-Hebei region are gearing up to cultivate industrial clusters valued at trillions of yuan, according to a report by Economic Information Daily.