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Chinese carmaker BYD showcases an electric SUV at the 2020 Beijing auto show. [Photo by Cao Yingying/China Daily]
Chinese corporate behemoths Alibaba Group Holding Ltd, Tencent Holdings Ltd and Baidu Inc will set up branches in China's Xiongan New Area.

Chinese internet giant Alibaba Group Holding Ltd's acquisition of NetEase Kaola, the cross-border e-commerce arm of NetEase Inc, for billion will create a principal online marketplace for consumers seeking high-quality foreign products, holding more than 50 percent of cross-border e-commerce market share in the country, according to industry experts.
Chinese gamers' rising enthusiasm has created a highly lucrative market worth 233 billion yuan this year, up 8.7 percent on a yearly basis, said a report released by Chinese gaming database Gamma Data Corp.
Chinese carmaker Beijing Automotive Group Co will phase out conventional fuel-powered cars under its own brand by 2025 as part of its ambitious new energy car campaign, according to a top company official.
来源:资阳报