China Showcases BYD and Tencent Tech Ahead of November APEC Summit

BYD1.77%
TENCENT-1.32%

Key Takeaways

  • China showcased BYD, Tencent, and other leading tech firms through the Asia-Pacific Media Forum in Guangdong Province ahead of the November APEC summit in Shenzhen.
  • BYD demonstrated the Denza Z9GT battery technology charging for seven-hundred-kilometer range in approximately six minutes at minus thirty degrees Celsius.
  • Shenzhen will host the APEC summit on November eighteen through nineteen, becoming the third Chinese city to host the event after Shanghai in two-thousand-one and Beijing in two-thousand-fourteen.

China showcased core technologies from BYD, Tencent, and other leading tech firms recently through the 'Asia-Pacific Media Forum' and a foreign press tour in Guangdong Province, ahead of the November APEC summit in Shenzhen. Li Shulei, head of the Communist Party's Central Propaganda Department, delivered the keynote to over 400 attendees from more than 200 outlets across 42 countries, South China Morning Post reported on local time. Guangdong emphasized its role as a reform pioneer facing the Asia-Pacific region, leveraging proximity to Hong Kong and Macau.

BYD Demonstrates Battery and Driving Technologies

At BYD's Shenzhen headquarters, the premium sedan Denza Z9GT demonstrated battery technology that charges for a 700-kilometer driving range in approximately 6 minutes at minus 30 degrees Celsius. The supercar Yangwang U9 showcased a four-wheel drive system with four motors that enables 360-degree rotation in place.

Exhibition Features DJI, Tencent, and Consumer Electronics

The forum exhibition hall displayed drones from DJI, the world's largest drone manufacturer, AI products from Tencent, smartphones from Honor and Vivo, and smart products from appliance maker Midea Group. Guangdong's Party Secretary stated the region has served as a vanguard of reform and opening-up by utilizing its geographic advantages adjacent to Hong Kong and Macau.

Guangdong-APEC Trade Surges 21% in First Half

Trade volume between Guangdong Province and APEC member countries in the first half of this year reached 3.6 trillion yuan (approximately $536.3 billion), a 21% increase compared to the same period last year. This represents 65% of Guangdong Province's total imports and exports.

Shenzhen to Host APEC Summit in November

Shenzhen will host the APEC summit on November 18-19, becoming the third Chinese city to host the event after Shanghai in 2001 and Beijing in 2014. The media outlet reported that speculation exists about a potential trilateral meeting between Chinese President Xi Jinping, U.S. President Donald Trump, and Russian President Vladimir Putin at the summit. Putin confirmed his attendance 4 months ago, but Trump has not yet announced an official position.

FAQ

What technologies did BYD demonstrate at the Guangdong media forum?

BYD demonstrated the Denza Z9GT sedan's battery technology that charges for a 700-kilometer range in approximately 6 minutes at minus 30 degrees Celsius, and the Yangwang U9 supercar's four-motor system that enables 360-degree rotation in place.

How much did trade between Guangdong and APEC countries increase in the first half of this year?

Trade volume between Guangdong Province and APEC member countries reached 3.6 trillion yuan (approximately $536.3 billion) in the first half of this year, representing a 21% increase compared to the same period last year and accounting for 65% of the province's total imports and exports.

When will the APEC summit take place in Shenzhen?

The APEC summit will be held in Shenzhen on November 18-19, making it the third Chinese city to host the event after Shanghai in 2001 and Beijing in 2014.

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