Guidelines to ensure safe self-driving vehicle tests

China released a national guideline on road tests for self-driving vehicles on Thursday, as part of a broader drive to accelerate the development of the technology and gain the advantage in commercializing such vehicles. The guideline, which was jointly issued by the Ministry of Industry and Information Technology, the Ministry of Public Security and the […]

China steps towards intelligent manufacturing

Under the theme “An Open and Innovative Asia for a World of Greater Prosperity”, the Boao Forum 2018 opens this weekend in south China’s tropical Hainan Province. In recent years, Chinese companies have been shifting towards innovation and exporting high-quality products that meet the rigorous standards and expectations of global consumers. The development of artificial […]

No winner in China-U.S. trade war: Premier Li

BEIJING, March 20– There will be no winner in a trade war should one happen between China and the United States, Premier Li Keqiang said at a press conference after the conclusion of the annual legislative session.   A trade “war” would go against the principles of trade — negotiation, consultation and dialogue, according to […]

U.S. Fed raises interest rates, signals two more rate hikes in 2018

The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points and signaled two more rate hikes in 2018, citing “strengthened” economic outlook in recent months. “In view of realized and expected labor market conditions and inflation,” the Fed decided to raise the target range for the federal funds rate to […]

Self-driven cars expected on China’s roads in 3-5 years

Unmanned vehicles will appear in regular traffic in three to five years, and people can soon travel in automatically-driven cars on expressways between Beijing and Shanghai while “eating and singing,” according to the CEO of one of China’s largest tech firms. Robin Li Yanhong, who is also a member of the 13th National Committee of […]

The good news for manufacturing industry from China two sessions CNPC and CPPCC

Now the Chinese People’s Political Consultative Conference (CPPCC) and the Chinese National People’s Congress (CNPC) are being holding in Beijing.   Mr. Jiang said, the researcher from NATIONAL ACADEMY OF ECONOMIC STRATEGY, CASS, In general, the situation of economic growth and fiscal revenue in 2017 was better than expected, and the economy is also picking up. It is necessary to keep the economic stabilization trend through tax […]

A Sharp Decline of Exchange USD to CHY Since Dec.2017

A Sharp Decline of Exchange USD to CHY Since Dec.2017 We can find there is a sharp curve around Dec.2017, the exchange rate CNY-USD or USD-CNY on Mar. 2nd is below. 1 USD = 6.34618 CNY  1 CNY = 0.157575 USD   In the picture we also get a impression that the CNY revaluation is containully since […]

China’s foreign trade up 16.2% in January

BEIJING – China’s foreign trade volume rose 16.2 percent year-on-year in January to 2.51 trillion yuan ($397 billion). China’s exports increased 6 percent to reach 1.32 trillion yuan, while imports surged 30.2 percent to stand at 1.19 trillion yuan in January, according to the General Administration of Customs Thursday. Trade surplus shrank 59.7 percent in […]

Febrauary 5th-25th workshop closed for Spring Festical-Toughpro Group Limited

Toughpro workshop will be closed in Febrauary 5th-25th for Spring Festical~ The full production will start at begining of March~We all Toughpro employees wish you happy Spring Festival, Kung Hei Fat Choy~~~ Rail expansion makes travel rush smoother Three new railways are expected to help relieve pressure on China’s transportation networks during the Spring Festival […]

Blizzard in South-East China -Toughpro area

January 26, according to the Central Meteorological Station website, the Central Meteorological Observatory continued to issue the Blizzard Yellow Alert on January 26 at 06:00. In the past 24 hours, heavy snowfall occurred in northern Hubei, central-southern Jiangsu and northern Zhejiang, Depth of 5 to 10 cm, snow depth in some areas greater than 15 […]