Telecoms Tech News

China launches first satellites for GuoWang constellation

A batch of GuoWang satellites launched aboard a Long March-5B rocket from the Wenchang spaceport in southern China. Once in space, the satellites were successfully manoeuvred into their planned low-Earth orbit. Chinese state agency Xinhua declared the mission a success, stating that 10 GuoWang satellites entered into their predetermined orbit. GuoWang: A ‘national network’ for…

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Shenzhen’s soaring R&D spending rivals Beijing, dwarfs Hong Kong amid China’s tech drive

Shenzhen’s soaring R&D spending rivals Beijing, dwarfs Hong Kong amid China’s tech drive

China’s southern tech hub Shenzhen spent a record amount on research and development (R&D) last year, rivalling Beijing’s level and vastly exceeding that of neighbouring Hong Kong to cement its position as a national research mecca. Shenzhen’s R&D expenditure jumped to 223.66 billion yuan (US$30.93 billion) in 2023, surpassing the 200-billion-yuan mark for the first…

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