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SOEs made combined profits of 587 billion yuan ( billion) for January-March, up 37.3 percent from the same period a year ago, according to the Ministry of Finance website.

SAIC Motor, China's largest carmaker by sales volume, reported a 15 percent drop in first-quarter net profit on April 29. Net profit for the January-March was 8.25 billion yuan, compared to 9.71 billion yuan a year earlier. Meanwhile, SAIC Motor generated a total revenue of 200.2 billion yuan, down 16.18 percent year-on-year.

SMIC has mass-produced a smartphone processor for Huawei Technologies Co with its 14-nanometer manufacturing process, marking a breakthrough in the mainland's push to boost its chip making industry.

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Russ Shaw, founder of Tech London. [Photo provided to China Daily]

SAN FRANCISCO - Artificial intelligence programs built by China's e-commerce titan Alibaba scored better than humans on a Stanford University reading and comprehension test.

SAN FRANCISCO - Tesla Inc on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company's electric batteries, J.B. Straubel, was stepping down from his role as chief technology officer.

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SHANGHAI - China's toy market volume reached 70.48 billion yuan (.47 billion) in 2018, up by 9 percent year-on-year, according to a report released Friday.

SAO PAULO - Brazil on Sunday reported 335 more deaths from the novel coronavirus in the past 24 hours, bringing the death toll to 141,741.

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SHENZHEN -- The 22nd China Hi-Tech Fair (CHTF) kicked off on Wednesday in southern China's tech hub Shenzhen, with more than 3,300 exhibitors from home and abroad participating both online or offline and showcasing some 10,000 mind-boggling technology products.

SGMW's manufacturing facility in Indonesia started production in 2017. With an investment of 0 million, it is the joint venture's first overseas manufacturing facility and China's largest automotive investment in Indonesia.