Zhejiang EV exports double in Jan-Feb as carmakers accelerate global push
Exports to the European Union rose about 70%, shipments to ASEAN markets increased 1.4 times, and deliveries to Latin America surged more than sixteenfold.
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AR startup Guangli bags 100M RMB in pre-Series B to scale smart sports glasses
The funding comes as competition intensifies in smart glasses and AI wearables, where Chinese startups are racing to carve out specialized niches ahead of larger electronics brands.
Alibaba unveils ‘Wukong’ AI platform to automate business workflows around the clock
The debut of Wukong also marks the first public appearance of Alibaba’s dedicated Wukong business unit, signaling closer integration across its broader ecosystem.
Hangzhou steps up space ambitions with new satellite component firms
The launch coincided with the signing of 10 additional projects across the city’s sprawling space industry value chain.
Zhejiang trade jumps 17% on surging clean-tech exports in first two months of 2026
A surge in the so-called “New Three” — electric vehicles, lithium-ion batteries and solar panels — drove much of the expansion.
Alibaba creates token hub unit as CEO signals shift toward AI Agent era
The new unit signals a strategic shift for Alibaba away from competing primarily on standalone large language models toward building a broader AI operating framework.
Alibaba launches Qwen AI glasses G1 at AWE 2026
A key differentiator of the Qwen eyewear is the product’s deep integration with the broader Alibaba ecosystem.