China home to over 5,000 AI companies
(Xinhua) The number of Chinese artificial intelligence (AI) companies has surged from just over 1,400 to more than 5,000 in the past five years, according to data released by the Ministry of Industry and Information Technology at the World Smart Industry Expo in southwest China's Chongqing Municipal
Shanghai aims to cluster 1,000 AI firms
(Xinhua) Shanghai's Pudong New Area, China's first artificial intelligence (AI) innovation pilot zone, inaugurated the Zhangjiang AI innovation town on Tuesday, aiming to cluster 1,000 new AI enterprises by 2030, targeting a 100 billion yuan (about 14.08 billion U.S.
New rules to ensure steady market growth, says ministry
(China Daily) China will boost consumption and improve regulations to ensure steady and high-quality growth of the automobile industry as it faces challenges such as disorderly competition during rapid development, officials noted at an industry forum recently.
Chinese vice premier calls for tech-driven industrial innovation in Hunan
(Xinhua) Chinese Vice Premier Ding Xuexiang has called for leveraging scientific and technological innovation to drive industrial innovation and building central China's Hunan Province into a national hub of advanced manufacturing.
Shenzhou-20 taikonauts complete fourth series of extravehicular activities
(Xinhua) The Shenzhou-20 taikonaut crew on China's orbiting space station completed their mission's fourth round of extravehicular activities on Friday morning, according to the China Manned Space Agency (CMSA).
Full text: AI+ International Cooperation Initiative
(Xinhua) China proposed the AI+ International Cooperation Initiative at a high-level meeting on the Global Development Initiative held on Tuesday.
The following is the full text of the initiative:
Artificial Intelligence (AI) is inherently empowering.
SMIC trials homegrown lithography kit
(China Daily) Chinese chipmaker, Semiconductor Manufacturing International Corp, is running trials on the country's first domestically produced advanced chip-making equipment in an effort to challenge western rivals in producing artificial intelligence processors, the Financial Times reported.
AI march heats liquid cooling demand
(China Daily) The surging demand for higher computing power is driving the growth of China's liquid cooling sector, with global players such as Castrol seeing huge business opportunities, said a senior executive.
Chinese space firm deploys IoT satellite constellation for global coverage
(Xinhua) A Chinese satellite constellation for Internet of Things (IoT) operations has deployed its first-phase network with 64 satellites, enabling real-time, global surface communications excluding polar regions.
J-20 fighter can easily penetrate air-defense networks, designer says
(China Daily) China's J-20 fifth-generation fighter jet has outstanding stealth capability and can easily penetrate enemy air-defense networks, a senior designer said on Saturday, marking the first time that a project insider has given a detailed introduction about the world-class combat plane.
Alibaba partners with Nvidia to advance physical AI
(China Daily) Chinese tech heavyweight, Alibaba Group Holding Ltd, announced a partnership with US tech firm Nvidia on Wednesday, joining forces in the field of physical AI, as part of a broader push to bolster its technological advancements in AI.
WeRide, Grab to deploy autonomous shuttles in Singapore
(China Daily) Chinese autonomous driving startup WeRide is deploying its GXRs and Robobus shuttles in Singapore in partnership with Southeast Asian ride-hailing giant Grab Holdings Ltd.
China's market regulator summons Huolala over antitrust
(China Daily) The State Administration for Market Regulation has summoned on-demand truck-hailing platform, Huolala, for talks, ordering the company to strictly comply with the country's anti-monopoly laws and ensure fair competition, the regulator said in a statement on Tuesday.
Carrier's milestone moment: Electromagnetic launches
(China Daily) The People's Liberation Army Navy has made a major stride in the development of its carrier force, successfully launching and recovering three types of aircraft — the J-35 and J-15T naval fighter jets and the KJ-600 early-warning and control plane — from its supercarrier CNS Fujian usi
China launches satellites from sea
(Xinhua) A Smart Dragon-3 rocket lifted off on Wednesday in east China's Shandong Province, sending satellites into preset orbit.
The rocket blasted off at 3:56 p.m. (Beijing Time) from the sea near the city of Rizhao. Taiyuan Satellite Launch Center conducted the offshore launch mission.
Value of Chinese tech stocks surpasses financials, real estate
(China Daily) Technology-related stocks now account for over one-fourth of the total market capitalization of the A-share market, far surpassing the combined weight of the financial and real estate sectors, the China Securities Regulatory Commission said on Monday.
Loans to China's tech SMEs grow over 20 pct annually from 2021-2025: central bank
(Xinhua) Loans to China's technology small and medium-sized enterprises (SMEs) grew at an average annual rate of over 20 percent during the 14th Five-Year Plan period (2021-2025), central bank governor Pan Gongsheng said on Monday.
Beijing's unicorn unveils AI-powered platform to revolutionize drug delivery
(China Daily) Beijing-based biotech unicorn METiS TechBio announced on Tuesday the launch of what it calls the world's first AI-powered nano delivery platform, NanoForge, a breakthrough that could reshape how medicines are designed and delivered, paving the way for reprogrammable drugs.
Chery Auto said set to price Hong Kong IPO at high end of range
(China Daily) Chery Automobile Co is set to price its Hong Kong initial public offering at the high end of a marketed range after strong demand for the stock, according to people familiar with the matter.
China commences construction of high-precision telescope project on 'roof of the world'
(Xinhua) China on Saturday launched the construction of a new large astronomical observation project, the Xue-shan-mu-chang 15-meter SubMillimeter Telescope (XSMT).
Banks find natural ally in AI models
(China Daily) China's listed banks are ramping up the adoption of artificial intelligence, accelerating deployments in the first half as they seek to boost efficiency, enhance customer experience and unlock new growth, with experts saying large AI models are shifting from tools of productivity to en
China unveils rules for 11th round of natl centralized drug procurement
(China Daily) The National Healthcare Security Administration on Saturday released the rules for the 11th round of its national drug centralized procurement program, focusing on ensuring clinical supply, guaranteeing drug quality and countering market involution.
China announces probe into e-commerce firm
(China Daily) China's top market regulator said on Friday that it has opened an investigation into Chengdu Kuaigou Technology Co, the e-commerce subsidiary of Kuaishou, for suspected violations of the country's e-commerce law.