Numbers are up from 21.3 million in July last year to 27.8 million last month, according to state-backed think tank CAICT

China’s Google has surprised analysts with a healthy set of quarterly numbers as it battles rivals Alibaba and ByteDance for tech dominance

Government source denies reports it’s to track decarbonisation efforts and economic growth together as it eyes tough 2030 emissions target

• Hong Kong ranks third for IPOs this year so far, behind Nasdaq and NYSE • Onslaught by Beijing’s rule-makers will...

• Electric car makers Nio, Xpeng and BYD have expanded capacity in China • Covid, floods and semiconductor crisis blamed...

• Firm dominates Indian food delivery along with SoftBank-backed Swiggy • Zomato logged Q1 loss of $47.8m but delivered 100...

• Shanghai firm’s backers include Xiaomi Corp and Dongfeng Motor Group • Telematics specialists supply automakers including Volkswagen and GM...

• Joint venture firm NatureWorks will oversee sustainable material’s production • 11,000 tonnes of sugar will help make masks, cloths...

• Digital asset manager CoinShares reports weekly outflow of $33 million • Ethereum, the second-largest blockchain network, sees supply drop...

• US electric vehicle maker launched cheaper version of Model Y for China last month • BYD sold 50,387 EVs...

• Struggling property developer looking to offload Shenzhen renewal projects too • Rating agency S&P downgraded Evergrande to CCC from...

• Tesla CEO Elon Musk said factory in India was ‘likely’ if duty reduced • Tata Motors and Softbank-backed scooter...