Wuxi First City to Roll Out 'Red Light Stop Timer' Citywide
Wuxi becomes China's first city to implement 'Red Light Stop Timer' citywide, easing rider pressure and improving road safety.
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Wuxi becomes China's first city to implement 'Red Light Stop Timer' citywide, easing rider pressure and improving road safety.
Xiaomi and Meituan cut thousands of jobs amid profit declines, price wars, and AI-driven restructuring in China's tech sector.
Meituan lays off fewer than 2,000 employees after a brutal price war in China's instant-retail sector erased billions in profit as it pivots to AI.
Meituan lays off nearly 2,000 employees after a year-long instant-retail price war burned RMB 150 billion. The company now pivots aggressively toward AI.
China's AI sector accelerates: Meituan open-sources a 1.6T-parameter model on domestic chips, WAIC 2026 set for July 17, robot output to top 100K.
Meituan open-sources LongCat-2.0, a 1.6-trillion-parameter AI model trained on domestic Chinese chips, marking a milestone in AI self-sufficiency.
Chinese regulators summoned Trip.com, Meituan and five other platforms over deceptive train ticket sales and data privacy violations.