Shanghai unveils 20 measures to boost private investment in deep-tech
The plan focuses on expanding investment opportunities, strengthening financial support and improving the policy environment.
Tag: AI
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AI and frontier tech fuel Hangzhou’s 12% foreign investment growth
High-tech industries accounted for a record 68.1% of the city’s newly utilized foreign investment, 25.7 percentage points above the national average.
China’s first city-scale green token factory lands in Changzhou
For international observers, the Changzhou project offers an early example of China’s emerging “power-compute integration” strategy.
Shanghai private equity assets hit $360 billion in 2025, study finds
Investment activity recovered strongly in 2025, with both deal value and transaction volumes reaching record highs after a slump in 2024.
Hangzhou unveils China’s first AI startup guide for one-person companies
The release came one day after Hangzhou unveiled a three-year action plan to become China’s leading hub for AI-powered one-person companies.
Zhejiang vows stronger support for brain-computer interfaces
BCI is also seen as an area where Zhejiang is well positioned to establish a competitive advantage.
Shanghai factory output sees 3.7% growth on tech gains in Jan-May
Growth was increasingly driven by the city’s “three leading industries,” meaning integrated circuits, AI and biomedicine.
Alibaba explores sale of gaming unit Lingxi in latest strategic retreat
This comes as the e-commerce and cloud computing giant continues to streamline operations and focus resources on AI and cloud computing.
Qwen launches World Cup prediction, challenges fans to beat AI
The launch comes as fans debate whether large language models can outperform seasoned football observers in forecasting match results.
Hangzhou pilot base to spur AI use across culture and tourism
Authorities described the facility as a “super AI laboratory” for the sector, intended to shift AI applications from academic research into real-world use cases across tourism, museums and cultural production.