IntroductionChinese fintech firms are securing new rounds of capital as Beijing eases regulatory pressure on the technology sector. After years of scrutiny that slowed growth and limited investment, reforms are now creating a more favorable environment for digital finance companies. The renewed fundraising
IntroductionHangzhou, already home to Alibaba and Ant Group, is now being recognized for a new wave of innovation known as the “Six Little Dragons.” These are six emerging AI startups that have quickly gained traction in China’s competitive technology ecosystem. Their rise illustrates
IntroductionChina is preparing to establish a massive 1 trillion yuan venture capital guidance fund to support innovation and high technology industries. The initiative represents one of the largest state-backed financial commitments in China’s history and underscores Beijing’s determination to accelerate breakthroughs in strategic
IntroductionChina has proposed the creation of a global governance body for artificial intelligence, aimed at ensuring that no single country or corporation monopolizes the development and use of advanced AI technologies. The proposal, presented at a recent international forum, underscores Beijing’s growing role
IntroductionChina’s artificial intelligence industry is set for a record year in 2025, with capital expenditure projected to reach between 600 and 700 billion yuan. The figure highlights the country’s determination to scale up its AI infrastructure, spanning data centers, semiconductors, cloud platforms, and
IntroductionChinese regulators have moved to ban leading domestic technology companies from acquiring high performance Nvidia artificial intelligence chips, citing the need to accelerate the development of homegrown alternatives. The decision comes as tensions with the United States continue to limit China’s access to
IntroductionChina has begun work on a project worth 37 billion US dollars that involves transforming farmland into massive data centers to fuel its artificial intelligence ambitions. Dubbed by some observers as the “Stargate of China,” the initiative highlights the country’s determination to centralize
