China's digital economy hits $2.3 trillion in H1. China's digital economy reached 16 trillion yuan ($2.3 trillion) in the first six months of 2018, accounting for 38.2 percent of the country's overall GDP growth, according to the China Academy of Information and Communications Technology.
Industrial internet guidelines in pipeline. The Ministry of Industry and Information Technology, the nation's top industry regulator, will soon roll out a guideline on how to safeguard the cybersecurity of the industrial internet, a frontier where countries around the world are scrambling to establish a beachhead, people familiar with the matter said.
Experts, tech giants stress innovation efforts. Leading experts and tech giants have taken a cue from President Xi Jinping's speech on China's reform and opening-up and reiterated their commitment to spur innovation through technology advances.
China's growth to be driven by digital. More than 65 percent of China's GDP will be driven by digital by 2022 and the growth of industry will be powered by digital products, operations and relationships, market consultancy IDC China has predicted.
Amazon struggles to make online grocery shopping stick. Amazon.com Inc., No. 1 in the Internet Retailer 2018 Top 500, continues to struggle in the $840 billion grocery market, more than a year after it spooked the industry with the $13.7 billion acquisition of Whole Foods. Huawei calls for evidence against company to be shown: Report. Huawei has told reporters that any evidence against the company should be revealed.
"Maybe not to Huawei and maybe not to the public, but to telecom operators, because they are the ones that buy Huawei," Chairman Ken Hu said on Tuesday,
