China Tech Hub

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

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

JD.com Takes the Leap into DeFi and Tokenized Finance

JD.com, China’s second-largest e-commerce company with more than $150 billion in annual revenue, is preparing a bold step into decentralized finance (DeFi). The company has quietly posted a job opening for a DeFi expert, seeking talent well-versed in decentralized exchanges (DEXs), lending, derivatives, and token economics. This recruitment push comes just weeks after Hong Kong’s

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South Africa and China Achieve Historic 12,900 km Quantum Communication Link

In October 2024, a milestone in global science and technology quietly reshaped the future of secure communications: China and South Africa successfully established the first-ever quantum satellite communication link between the northern and southern hemispheres. Spanning an unprecedented 12,900 kilometers, from Beijing to Stellenbosch University in South Africa, this breakthrough is now the longest intercontinental

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Huawei’s AI Inference Breakthrough Could Reduce China’s Reliance on High-Bandwidth Memory

Huawei is reportedly preparing to unveil a major breakthrough in AI inference technology that could lessen China’s dependence on advanced High-Bandwidth Memory (HBM) chips, a critical component currently restricted by U.S. export controls. The announcement is expected to take place today at the 2025 Financial AI Inference Application Implementation and Development Forum, according to Economic

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