‘Data+AI’ startup OpenPie wins China regulatory approval for AI model
The company said the dual approvals support its strategy of targeting both large institutional clients and smaller businesses.
Day: May 20, 2026
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FlashEx expands into airborne logistics after Hangzhou equity deal
For FlashEx, the investment signals a shift from traditional ground-based courier operations toward a hybrid “ground-plus-air” delivery network built on its existing instant-delivery infrastructure.
Zhejiang urges market-driven growth for embodied AI testbed
Liu said the platform “cannot become a showcase that is built but unused,” calling for bolder experimentation and business models capable of generating sustainable revenue.
Hangzhou unveils AI-driven blueprint for smarter urban and rural development
The plan lays out “1 overall goal, 8 key areas and 17 priority tasks,” targeting design, construction, management and service operations across the city’s built environment.
Hangzhou targets $440 billion economy by 2030 with AI at center
The city identified three priorities for the coming five years: open-source AI, embodied intelligence and institutional reform.
Ningbo NEV exports jump 148% in April as Brazil demand spikes
Brazil was the largest overseas market for Ningbo’s NEV exports in April, with shipments valued at 2.92 billion yuan, up 361.6% year on year.