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Chinese security company Qi An Xin Group said on Thursday that it has become an official sponsor of the Beijing 2022 Olympic and Paralympic Winter Games and will provide cybersecurity and anti-virus software solutions for the global sporting event.

Chinese smartphone vendor Vivo is trying to push the envelope of technology with its latest model Nex, which features a bezel-less design, an in-display fingerprint scanner and a pop-up front-facing camera.The handset, released in Shanghai on Tuesday night, is Vivo's latest efforts to build up its brand as a pioneer keen to experiment with new technologies. It also came as the Chinese company is exploring overseas market, trying to find more footholds in foreign countries with premium devices.Dubbed as an all-screen phone, the Vivo Nex does not have a notch on top of its display, a feature first used by Apple Inc in its iPhoneX and then commonly seen in most Android phones. Nex features a screen-to-body ratio of 91.24 percent, but it still has a slim bezel at the bottom of its display. Ni Xudong, senior vice-president of Vivo, said the company is ramping up research and development capabilities, with a string of artificial intelligence labs and R&D centers built in China and overseas countries."Nex is a crystallized result of our consistent efforts to make smartphones that can really stand out in the fierce market," Ni said.Priced up to 4,988 yuan (around 0) in China, Nex is equipped with an elevating front camera, to ensure quality selfie-taking performance. The camera can pop out from the top edge of the phone when users take selfies. It automatically lowers after users switch from the front camera to the rear or close the camera app.

Chinese sales of passenger vehicles, MPVs, SUVs and minivans in March dropped 12 percent on a yearly basis to 1.78 million units.

Chris Anderson

Closing more indebted manufacturers with overcapacity is inevitable during the economic restructuring and quality-upgrading process, pushing debt risk management, especially for non-financial enterprises, to be one of the policymakers' priorities, said Dai.