August 2025

China’s Central New Energy Partners with EGN on Oman Solar Expansion

China’s Central New Energy Holding Group has signed a memorandum of understanding (MoU) with EGN, a data centre operator, to jointly advance solar power projects in Oman and explore the possibility of establishing local photovoltaic (PV) module manufacturing. Under the agreement, EGN will take the lead in developing an integrated “generation-grid-load-storage” project that places green […]

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Alibaba Showcases Strong AI Momentum Amid China’s Tech Push

Alibaba is set to highlight its artificial intelligence strategy in its upcoming quarterly results, underscoring China’s determination to lead in the next wave of technological innovation. Alongside Tencent and Baidu, the company has invested heavily in developing large language models, embedding them into flagship products, and driving the nation’s AI capabilities forward. Over the past

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China’s Intelligent Computing Power to Surge 40% in 2025, Driven by AI Expansion

China is entering a new era of digital acceleration, with its intelligent computing power projected to grow by more than 40% in 2025, according to forecasts released at the 2025 China Computing Power Conference. Industry experts say the surge underscores the nation’s determination to build a world-class AI ecosystem and cement its position in the

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China’s E-Commerce Sector Maintains Strong Growth Momentum in 2025

China’s e-commerce market continued its steady expansion in the first seven months of 2025, driven by rising digital consumption and deepening integration between industries and online platforms. According to the Ministry of Commerce, online retail sales climbed 9.2% year-on-year from January to July, underscoring the sector’s resilience amid a shifting global economy. Digital gadgets proved

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China’s Commercial Space Sector Soars to New Heights

China’s commercial space industry has transformed into one of the country’s most dynamic high-tech sectors, marking a decade of rapid growth, innovation, and investment. With strong political backing, ambitious entrepreneurs, and record levels of venture capital, the sector is fast becoming a cornerstone of China’s technological future. A Decade of Policy-Driven Growth Since the release

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BYD Unveils China’s First NEV-Dedicated All-Terrain Circuit in Zhengzhou

BYD, China’s largest new energy vehicle (NEV) manufacturer, has officially opened the country’s first all-terrain circuit designed exclusively for NEVs in Zhengzhou. The facility, which will be followed by new tracks in Hefei and Shaoxing, represents a major step in cultivating a homegrown NEV racing culture while showcasing BYD’s advanced technologies. A Playground for NEVs

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CAC Fintech and Eddid Financial Launch China’s First Agricultural RWA, Eye Global Capital Expansion

China has taken a groundbreaking step in financial innovation with the launch of its first agricultural tokenized real-world asset (RWA) project. CAC Fintech, a leading provider of agricultural fintech solutions, has entered a strategic partnership with Eddid Financial, a Hong Kong-based comprehensive financial group, to bring rural assets onto the blockchain while pursuing global fundraising

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Hua Hong Eyes Controlling Stake in HLMC Amid China Foundry Consolidation Drive

China’s semiconductor industry may be on the brink of one of its largest consolidations in recent years. Hua Hong Semiconductor, the country’s second-largest foundry, is reportedly seeking to acquire a controlling stake in Shanghai Huali Microelectronics (HLMC) through a mix of share issuance, cash, and a supporting capital raise. The move, reported by ijiwei and

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Ascentage Pharma Advances Global Phase III Trial of Lisaftoclax for Higher-Risk MDS with FDA, EMA, and China CDE Clearance

Ascentage Pharma (NASDAQ: AAPG; HKEX: 6855), a global biopharmaceutical company headquartered in Suzhou, has received clearance from the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) to begin a registrational Phase III clinical trial of lisaftoclax (APG-2575) for the first-line treatment of higher-risk myelodysplastic syndrome (HR-MDS). The trial, known as GLORA-4

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