Zhejiang opens nuclear, rail and offshore wind projects to private capital
The latest policy expands the number of sectors open to private capital from seven to nine by adding offshore wind and urban infrastructure projects.
Year: 2026
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Hangzhou robot competition shifts focus from stunts to real-world tasks
This event comes as local governments and companies increasingly shift attention from flashy demonstrations toward practical industrial deployment.
Unitree’s $575,000 mech robot is either a pre-IPO flex — or a very expensive distraction
Seen through that lens, GD01 is both a technological statement and a form of attention management — or, in more dramatic terms, a smokescreen.
LandSpace ZQ-2 rocket blasts off in upgraded heavy-lift debut
The launch marks the debut of the extended configuration of the ZQ-2E series, indicating a breakthrough in heavier payload capacity for the model.
DeepSeek adds image recognition as it moves beyond text-only AI
DeepSeek’s image understanding feature began a phased rollout in late April 2026 and was made widely available to users on May 9, according to the company.
Hangzhou courts viral ‘Are You Dead?’ app with market access, not subsidies
Hangzhou has emerged as one of China’s poster boys in attracting AI and digital economy companies, along with top talent, in recent years.
Huawei-backed world model startup Moxin closes RMB 100M funding
Moxin said its research led the company to identify what it describes as the “Scaling Law” for spatial intelligence.
Zhejiang targets 95% EV adoption for new buses and taxis in 2026
The policy calls for public-sector buyers to prioritize new-energy and methanol-powered vehicles across public transit, sanitation, driving schools and postal delivery fleets.
Xynova unveils upgraded robotic hand, betting on hybrid structure
Xynova is currently ramping up production at a new facility and expects annual capacity to exceed 10,000 high-degree-of-freedom robotic hands and 200,000 micro linear actuators by the end of 2026.
Alibaba’s AI revenue tops 30% of cloud business for first time
Alibaba Cloud’s external commercial revenue rose 40% during the quarter, the fastest pace in nine quarters.