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Headlines
  • 2026-06-042026-06-04

    Yiwu commodity hub files for HK IPO, sets stage for global expansion

  • Hangzhou digital transformation
    2026-06-042026-06-03

    Hangzhou tops China’s pilot ranking for SME digitization

  • 2026-06-042026-06-03

    DeepSeek nears record $7.4 billion fundraising round – Reuters

  • 2026-06-032026-06-03

    Alibaba adds CTO Wu Zeming to partnership committee amid AI race

  • 2026-06-032026-06-03

    Alibaba turns Qwen into platform for branded AI agents

  • NextVPU makes vision processing unit, or edge vision chips
    2026-06-032026-06-03

    NextVPU moves HQ to Hangzhou as physical AI shifts to edge vision chips

  • Heavy Hitters
  • News

Qwen AI ride-hailing orders leap 15-fold within two weeks of launch

admin2026-04-042026-04-0403 mins

The AI ride-hailing function, launched on March 23, allows users to request rides through natural conversation rather than navigating multiple booking screens.

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  • News
  • Startups

‘I can be bolder, and sleep better ‘: Motorcycle founder credits Zhejiang VC backing

admin2026-04-032026-04-0406 mins

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.”

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  • Heavy Hitters
  • News

Alibaba’s Fliggy and Qwen expand AI travel push with 80-plus brand partnerships

admin2026-04-032026-04-0305 mins

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.

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  • Heavy Hitters
  • News

Alibaba embeds Qwen 3.6-Plus across Wukong AI app after model debut

admin2026-04-032026-04-0304 mins

The rapid integration reflects Alibaba’s strategy of pairing foundation models with deeply embedded enterprise scenarios, Wukong’s spokesperson said.

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  • Heavy Hitters
  • News

Qwen 3.6-Plus climbs to No. 2 globally in AI coding benchmark

admin2026-04-032026-04-0304 mins

The strong benchmark performance also lifted Alibaba to fourth place among global AI laboratories tracked by Code Arena rankings, behind Anthropic, OpenAI and Google.

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  • News
  • Policy

Zhejiang launches OPC alliance to formalize rise of AI-powered solo startups

admin2026-04-0304 mins

Provincial officials see OPCs as emblematic of a new economic unit emerging in the intelligent economy era, where AI amplifies individual productivity and lowers barriers to entrepreneurship.

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  • News
  • Policy

Ningbo-Zhoushan port surges in Jan-Feb as trade defies global headwinds

admin2026-04-022026-04-0203 mins

The surge highlights how the 2015 merger of Ningbo and Zhoushan ports — once close competitors sharing the same waterways — has evolved into a complementary logistics powerhouse.

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  • Capital Journal
  • People

How a Zhejiang VC bet on a renegade biker — and rode to China’s first world superbike victory

admin2026-04-022026-04-02011 mins

What outsiders considered as a fortunate bet appears to be the result of years of industry observation and conviction, built through riding, testing products and closely tracking the evolution of China’s motorcycle engineering capabilities.

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  • Heavy Hitters
  • News

Geely tops China auto sales in Q1 2026 as EV momentum and exports power growth

admin2026-04-022026-04-0203 mins

New energy vehicles (NEV) accounted for a growing share of that expansion, with quarterly NEV sales reaching 369,059 units, up 9% year on year and representing 55% of total deliveries.

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  • News
  • Policy

Zhejiang to tap secondary, M&A funds to build ‘patient capital’ hub, governor says

admin2026-04-022026-04-0205 mins

His comments align with heated discussions among policymakers and investors about nurturing long-term capital capable of accompanying tech companies through extended growth cycles.

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Recent News

  • Yiwu commodity hub files for HK IPO, sets stage for global expansion
  • Hangzhou tops China’s pilot ranking for SME digitization
  • DeepSeek nears record $7.4 billion fundraising round – Reuters
  • Alibaba adds CTO Wu Zeming to partnership committee amid AI race
  • Alibaba turns Qwen into platform for branded AI agents

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