thanks to measures to stimulate innovation, optimize the business environmen
t and public services, and to strengthen opening-up and cooperation in the digital sector.
“China’s high-tech industries, represented by new technologies, new industr
ies, and new products, have maintained rapid growth in recent months,” she said.
According to the commission, output in the high-tech manufacturing sector rose 8.7 percent ye
ar-on-year from January to April, 2.5 percentage points higher than that of industrial output. High-tech ma
nufacturing output was responsible for 13.6 percent of industrial output, 1 percentage point higher year-on-year.
Output of the electronics and communication equipment manufact
uring sector, pharmaceutical manufacturing and aerospace and equipment manufacturing wer
profits in producing electric bicycles, exploring niche markets, an
d improving intelligent and network connecting levels, Economic Daily reported Monday.
As China’s bicycle-sharing companies experienced periods of boom and decline in 2017 and
2018, many of the country’s bicycle companies have discovered new profit potential by producing e-bicycles.
Statistics show the output of shared bicycles was 5 million in 2018, a quarter of that of 2017, while the o
utput of e-bicycles reached 32.78 million in 2018, up 5.8 percent year-on-year, according to the report.
Benefiting from ever-growing demand, the development of the e-bicycle has maintained strong growth momentum. In the f
irst quarter of this year, the profit growth rate reached 28.7 percent for e-bicycle enterprises above the designated size
in the industry, which refers to those with an annual main business revenue of 20 million yuan ($2.98 million) or more.
old student from Xidian University in Shaanxi province, died from a rare cancer of the soft tissue. Wei was re
searching the disease on Baidu and came across an advertisement for treatments that proved ineffective.
After Wei’s death, Baidu announced a sweeping restructuring and optimization of its medical business, especially regardi
ng its paid listing practices. It also tightened regulations on medical promotion and enforced clear labeling rul
es that differentiate advertisements from credible medical information, according to media reports.
However, medical advertising remains one of the key sources of income for Baidu, and some are still trying to exploit the s
ystem. In April, the police in Shenzhen, Guangdong province, detained a team of medical fraudsters who drove up r
ankings on Baidu’s research results to promote faulty hospitals to patients, local authorities said.