Geely publishes first ESG framework for EV makers going global
The automaker said it reduced emissions across its vehicle supply chain by 1.476 million tons and achieved its 2025 target of cutting lifecycle emissions per vehicle by 25%.
Month: May 2026
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CATL reportedly weighs bets on DeepSeek, eyes role in AI chip race
Other potential backers include e-commerce heavyweight JD.com and online gaming titan NetEase, while Tencent and Alibaba Group have also been previously reported to be in talks.
Alibaba Cloud launches AI platform WonderClip to automate video production
This rollout comes as companies across sectors from advertising to home appliance increasingly shift toward AI-generated advertising and online engagement tools to boost efficiency and cut costs.
Zhejiang auto output jumps 27% amid Jan-Apr industrial expansion
Private-sector industrial firms remained the main engine of growth in the January-April period, with output rising 7.9% and contributing nearly 80% of total industrial expansion.
Sneaker brand Golden Goose picks Hangzhou for China HQ after buyout
Fewer than two months passed between Linping district’s initial project signing in late March and the formal unveiling at the city-level conference in May.
MatriQ secures Series A funding to fuel neutral-atom computing push
Neutral-atom quantum computing uses lasers to trap and arrange atoms into programmable arrays, with each atom functioning as a quantum bit.
Tuya launches AI system Cobuilder to automate smart-device creation
Tuya Smart said Tuya Cobuilder integrates hardware, mobile apps, cloud infrastructure and AI agents into a unified workflow.
Icing on the cake as Ningbo ice-machine maker secures Shenzhen IPO
In the residential ice-maker segment specifically, the company ranked first globally with market shares rising from roughly 19% to 31% over the same period.
Youngor founder hands apparel empire to daughter amid profit pressures
The transition marks a formal changing of the guard at a company whose origins trace back to a struggling township garment factory in Ningbo during China’s early reform-and-opening era in the 1980s.
Qwen3.7-Max ranks top among Chinese AI models in global benchmark
Alibaba said the model was specifically designed for AI agents and enterprise-grade autonomous workflows, with improvements in coding, reasoning and tool-use capabilities.