Pudong, Suzhou, Hangzhou named capital market tech-finance pilots
Despite making up less than 4% of the country’s land area, the five regions contribute more than one-fifth of listed firms.
Year: 2026
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Alibaba’s Fliggy faces layoff reports as travel unit reshapes in AI era
Multiple users claiming to be Alibaba employees said the cuts could range from 30% to 40%, while more extreme claims put reductions in some units as high as 50% or more.
Leapmotor hits 1.5 million deliveries as expansion kicks into higher gear
The company now operates in more than 40 countries and regions, with over 2,000 sales and service outlets globally, including more than 950 overseas.
Nanjing vs Hangzhou: a split map of China’s AI future
Many view the Nanjing-Hangzhou race as yet another example of China’s relentless intercity competition, but it is not a zero-sum game on closer inspection.
Alibaba unveils HappyOyster 1.0 interactive world model
Unlike traditional text-to-video tools that render a fixed output after a prompt, HappyOyster continuously responds to user inputs during generation, allowing scenes to evolve in real time.
Robot ‘cyber paw patrol’ guards Mexico World Cup stadium
The World Cup deployment adds to a growing track record of sports-event use cases for DEEP Robotics.
Alibaba expands cloud services to Paris, Johor as global data demand rises
The buildout forms part of Alibaba’s previously announced $53 billion investment plan in AI and cloud infrastructure.
eVTOL startup ZeroG bags $74M as Hefei bets on low altitude economy
To date, ZeroG has completed nine financing rounds, bringing its total publicly disclosed funding to approximately 1.2 billion yuan.
Insurers commit $27 billion to Jiangsu amid industrial upgrade
Provincial officials said insurance funds already deployed in the province had exceeded 500 billion yuan by 2025.
Anhui plans $14 billion fund cluster in robotics hub build-out
The draft sets ambitious targets: by 2030, Anhui aims to rank among China’s top tier in humanoid robot output and place industrial robot production among the national leaders.