Embodied robotics startup Spirit AI raises RMB 1B in Series A+ funding
At the core of Spirit AI’s approach is what it calls a “diversified data” framework aimed at extending the Scaling Law into embodied intelligence.
Year: 2026
Read More
Hangzhou rolls out grants of up to RMB 500,000 to attract young entrepreneurs
Hangzhou has spent 18 years building its student entrepreneurship programs, rolling out six successive three-year initiatives that have helped nurture startups including robotics firm Unitree.
Shipbuilding, tourism and logistics lift Zhejiang ocean economy to RMB 1.28Tn in 2025
Zhejiang’s total marine output ranked fourth nationwide behind Guangdong, Shandong and Shanghai, accounting for 11.6% of China’s overall ocean economy.
Zhejiang manufacturing outlay grows 14% in Jan-Feb on major project push
At the same time, the province launched 5,325 technology-upgrade projects under a broader industrial modernization initiative, with planned investment totaling 694.3 billion yuan.
Leapmotor deliveries rebound past 50,000 as new A10 SUV fuels sales surge
The turnaround was driven largely by the launch of the A10, a 100,000-yuan ($14,530)-class all-electric SUV unveiled on March 26.
Qwen AI ride-hailing orders leap 15-fold within two weeks of launch
The AI ride-hailing function, launched on March 23, allows users to request rides through natural conversation rather than navigating multiple booking screens.
‘I can be bolder, and sleep better ‘: Motorcycle founder credits Zhejiang VC backing
Zhang praised the process as unusually efficient, saying negotiations took about three months and highlighting what he described as the province’s “very high efficiency in all aspects.”
Alibaba’s Fliggy and Qwen expand AI travel push with 80-plus brand partnerships
Combined, the two rounds now give Qwen users access to discounts, instant coupons, hotel breakfast packages and late checkout benefits, with savings reaching as much as 300 yuan ($44) per booking.
Alibaba embeds Qwen 3.6-Plus across Wukong AI app after model debut
The rapid integration reflects Alibaba’s strategy of pairing foundation models with deeply embedded enterprise scenarios, Wukong’s spokesperson said.
Qwen 3.6-Plus climbs to No. 2 globally in AI coding benchmark
The strong benchmark performance also lifted Alibaba to fourth place among global AI laboratories tracked by Code Arena rankings, behind Anthropic, OpenAI and Google.