Dougong (斗拱) is a bracketing system used in ancient Chinese architecture. Huifu and its partners offer a "customized, open and reliable" system that connects payment, software, and data management capabilities, like ancient Chinese wooden components.

Despite the American government’s efforts to hold back China’s AI industry, two Chinese firms had reduced their American counterparts’ technological lead to a matter of weeks. It is not just with reasoning models that Chinese firms are in the vanguard: in December DeepSeek published a new large language model ( LLM ),

China has established a new artificial intelligence (AI) investment fund with an initial capital of 60bn yuan ($8.2bn), reported South China Morning Post. This move comes shortly after the US intensified export controls on advanced semiconductors and added more Chinese companies to its trade blacklist.

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.

The fund was established days after the US rolled out new chip export restrictions and placed more Chinese firms on its trade blacklist.

While the total industrial investment in Shanghai was estimated to achieve double-digit growth throughout 2024, the output value of high-tech ships and integrated circuits was estimated to grow by about 17 percent and 20 percent, respectively, on a yearly basis, according to Zhang.

In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling U.

As 2025 unfolds, China's smartphone market faces a wave of price cuts, with Apple launching promotions and Huawei following suit by adjusting its pricing. While manufacturers compete for market share through innovation in a contracting market,

Video. China's Pudong District opens a humanoid robot training base, training 100 robots now with a goal of 1,000 by 2027, enhancing applications in manufacturing and services.

Beijing and Shanghai have recently attained unprecedented levels of investment and development in the artificial intelligence (AI) sector. These two cities are propelling China's swift ascent in the global AI competition.

Shanghai has announced a number of measures to support the city's industrial Internet development, such as drafting an industrial large language model guideline, launching service platforms and authorizing professional service providers to boost digital transformation, city officials said on Friday.

(Yicai) Jan. 23 -- Shanghai's annual gross domestic product surpassed CNY5 trillion (USD686.2 billion) last year, making it the first of China’s cities to achieve this milestone.