Alibaba Group Announces June Quarter 2025 Results
Alibaba Group Holding Limited announced its financial results for the quarter ended June 30, 2025.
“This quarter, our strategic focus on consumption and AI + Cloud delivered strong growth. Our decisive investment in the quick commerce business achieved key milestones as we won consumer mindshare.
China aims for AI application breakthroughs in key sectors in next 2 years: official
(Xinhua) China aims to achieve breakthroughs in the application of artificial intelligence (AI) in key sectors by 2027, an official said on Friday when outlining the country's latest efforts to accelerate AI development.
High-tech manufacturing lifts industrial profits
(China Daily) China's high-tech manufacturing sector drove a strong rebound in industrial corporate profitability in July, with aerospace, semiconductors and biopharmaceuticals leading the recovery and underscoring the country's push toward advanced technologies and greater self-reliance, official d
Innovation platform for smart tech launched
(China Daily) A major national open innovation platform for artificial intelligence has been unveiled to leverage the collective strength of State-owned enterprises and the broader industrial chain for accelerating the development of the AI sector in China.
BYD exports its Thai-made electric vehicles to Europe
(Xinhua) BYD announced on Monday that its Thailand plant has officially exported the first batch of BYD DOLPHIN electric vehicles (EVs) to the European market, totaling over 900 units, with destinations including Britain, Germany and Belgium.
Beijing to build at least 20 5G factories by 2027
(Xinhua) Beijing has unveiled a plan to accelerate the integration of 5G and industrial internet, targeting the construction of at least 20 5G factories by 2027.
Shenzhen developing into high-tech hub
(China Daily) As morning light sweeps across Shenzhen's skyline, the skyscrapers that have replaced the old fishing boats gleam in the sun.
Shanghai to enhance linkage between AI, manufacturing
(China Daily) Shanghai aims to accelerate the integration of artificial intelligence and manufacturing in the coming years, a move expected to boost new industrialization, strengthen new quality productive forces, and position China as a global leader in intelligent manufacturing, experts said.
Relocation plans boost Beijing district's goal to become a global sci-tech hub
(China Daily) More than 40 national-level key laboratories will relocate to Beijing's Changping district, bolstering the capital's ambition to become a global hub for science and technology, according to district head Liu Xiaodong.
15 national key laboratories unveiled in Hong Kong
(Xinhua) Chinese Minister of Science and Technology Yin Hejun on Monday unveiled plaques for 15 national key laboratories in China's Hong Kong Special Administrative Region (HKSAR), marking a significant step toward enhancing scientific collaboration between the city and the mainland.
NVIDIA Announces Financial Results for Second Quarter Fiscal 2026
NVIDIA reported revenue for the second quarter ended July 27, 2025, of $46.7 billion, up 6% from the previous quarter and up 56% from a year ago. NVIDIA’s Blackwell Data Center revenue grew 17% sequentially.
There were no H20 sales to China-based customers in the second quarter.
AI chipmaker Cambricon briefly overtakes Moutai as China's most valuable stock
(China Daily) Chinese AI chipmaker Cambricon Technologies briefly surpassed liquor giant Kweichow Moutai to become the country's most valuable onshore stock, highlighting the shifting drivers of China's economic growth, analysts said.
China approves biopharma innovation plan for Jiangsu free trade zone
(Xinhua) China's State Council has approved a plan to accelerate the opening-up and innovation of the entire biopharmaceutical industrial chain in the Jiangsu pilot free trade zone (FTZ), according to the Ministry of Commerce on Wednesday.
World's largest liquid scintillator neutrino detector, JUNO, begins operation in Guangdong
(China Daily) The world's largest transparent spherical neutrino detector completed its liquid filling and began data taking in Jiangmen, South China's Guangdong province, on Tuesday, marking a significant step in frontier studies of particle physics, astrophysics and cosmology.
China to promote high-quality development of satellite communication industry
(Xinhua) China will promote the high-quality development of the satellite communication industry by optimizing business access, according to a set of guidelines unveiled by the Ministry of Industry and Information Technology on Wednesday.
AI role key in stimulating consumption
(China Daily) Fast-evolving artificial intelligence is expected to foster new consumption growth drivers and inject strong impetus into China's consumer market as this cutting-edge digital technology is spearheading a technological revolution and industrial transformation to drive economic growth, s
Innovation key to cultivation of growth drivers
(China Daily) China's commitment to cultivating new quality productive forces through scientific and technological innovation, as reiterated by President Xi Jinping, will help the country gain a competitive edge in strategic emerging fields and tech frontiers, and contribute to global economic growt
Sinovac's tetanus vaccine gets medical body's approval
(China Daily) Chinese vaccine company Sinovac Biotech Ltd announced on Monday that its newly developed adsorbed tetanus vaccine has officially obtained approval from the National Medical Products Administration, marking a milestone in the company's push to expand its presence in the trauma care sect
China's VAT data reflects growth in enterprise purchases, consumer spending
(Xinhua) China's State Taxation Administration on Friday released value-added tax (VAT) invoice data for the period from April 2024 to July 2025, which reveals that the equipment-renewal program and consumer goods trade-ins have played an active role in facilitating industrial upgrading and transfor
White goods exports show uptick in H1
(China Daily) China's exports of home appliances grew steadily in the first half of the year, with emerging markets including Latin America, the Middle East and the Association of Southeast Asian Nations showing an upward trajectory, according to a report by an industry association.