China Intel IoT Joint Labs (CII Labs) launched a pilot project concerning its indoor precision navigation technology in the Zhongguancun Dragon Electronic City.
Chinese e-commerce group Alibaba revealed that the company has provided a non-binding proposal letter to AutoNavi, aiming to make it a wholly-owned subsidiary of Alibaba for $1.1 billion.
The Zhongguancun Information Security Industry Alliance was recently set up, as was the Zhongguancun National Information Security Innovation Base, and Beijing Zhongguancun Information Security Venture Capital Fund.
