Ant Group, the Chinese financial technology giant founded by Alibaba’s Jack Ma, is stepping up its ambitions in the semiconductor sector with a fresh wave of investments into domestic chip companies. Over the past ten days, the company, through its investment arm Yunya Enterprise Management Consulting, has secured stakes in three Chinese firms specializing in […]
Chinese automaker Guangzhou Automobile Group (GAC) has officially entered the Israeli electric vehicle market, unveiling three new models under its Aion brand at a launch event near Tel Aviv. Hosted by local importer Orion Mobility, the debut underscores China’s growing dominance in the Middle Eastern EV sector. The lineup includes the compact SUVs Aion V
China’s GAC Expands EV Footprint with Launch of Three Models in Israel Read More »
A new chapter in the intersection of traditional sport and immersive technology is unfolding this fall in Beijing. World Table Tennis (WTT), PICO, and Intel have announced the debut of E-Smash 2025, a VR-powered competition running in tandem with the flagship China Smash 2025 at Shougang Park. The initiative seeks to merge table tennis’ deep
WTT, PICO, and Intel Launch VR-Powered E-Smash 2025 Alongside China Smash Read More »
China’s biopharma sector is on track to become the world’s third-largest market for innovative drugs by 2028, according to McKinsey & Company’s upcoming Asia Biopharma Report. The projection highlights the country’s transition from being a generics-heavy pharmaceutical market to an emerging global powerhouse in drug innovation. In 2023, China’s pharmaceutical market reached $125 billion, with
Alibaba is reportedly developing a new artificial intelligence (AI) chip, marking a significant step in China’s effort to reduce its reliance on U.S. semiconductor technology amid growing geopolitical tensions. The move comes just months after Washington banned Nvidia from selling its most advanced Blackwell processors to China, citing national security concerns. A Strategic Push into
Alibaba Reportedly Developing New AI Chip as Xi Rejects “Cold War Mentality” Read More »
China has launched construction on its first factory dedicated to producing photonic quantum computers, marking a significant step in scaling up one of the most promising frontiers of advanced computing. The facility, located in Shenzhen’s Nanshan District, will be operated by Beijing-based QBoson, a leading Chinese quantum computing company. According to the district’s science and
China Breaks Ground on First Photonic Quantum Computer Factory in Shenzhen Read More »
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
China’s Central New Energy Partners with EGN on Oman Solar Expansion Read More »
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
Alibaba Showcases Strong AI Momentum Amid China’s Tech Push Read More »
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
China’s Intelligent Computing Power to Surge 40% in 2025, Driven by AI Expansion Read More »
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
China’s E-Commerce Sector Maintains Strong Growth Momentum in 2025 Read More »
