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Shanghai is not alone in such efforts, as Nansha district in Guangzhou is implementing cross-border data transfers with Hong Kong and Macau.
While the launch date is unclear, there is hope it will be rolled out this year as it was featured in the iPhone 16 release last September.
The company’s latest move aligns with its broader strategy to ramp up overseas investments in key markets around the world.
Chief scientific officer at XtalPi says AI can cut average drug discovery times to one to two years
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XtalPi says AI is reducing drug discovery times to two years from four.
![[Shutterstock] Stock Photo ID: 1078808396
PENANG, MALAYSIA - APR 26, 2018: Alipay expands its market to support retail merchants in Malaysia through a collaboration with MOLPay, the payment gateway for Malaysia and Southeast Asia. Shutterstock Images](https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/17/6bcd60ca-fed1-4d8f-87b0-6d4f14596599_d10ead9b.jpg?itok=HBeRuGIM&v=1737102905)
The system error applied a 20 per cent ‘government subsidy’ to an undisclosed number of transactions on Thursday, according to users.
Semiconductor companies are eyeing for the Greater Bay Area amid high demand for next-generation chip materials
Guangzhou’s Nansha district is attracting companies specialising in silicon carbide semiconductors, as they look to capitalise on regional integration.
CEO Pony Ma spoke of China’s economic resilience and the entrepreneurship of local businesses, echoing praise he gave Beijing last month.
Chinese companies will continue international push amid slowing growth at home, but face greater risks, UBS analyst Kenneth Fong says.
Tencent and NetEase, China’s two biggest video-gaming firms, signalled their adherence to existing regulations during the winter school break.
The move comes amid ongoing disputes between Chinese video game companies and smartphone brands over app-store commission rates.
AI coder forms part of Alibaba Cloud’s artificial intelligence programming tool called Tongyi Lingma.
Alibaba’s Tongyi Qianwen model will enable the GenAI features of the Phantom V Fold2, Transsion’s latest 5G smartphone under its Tecno brand.
Alibaba and JD.com are among the earliest to join the country’s renewed subsidy programme for home-appliance shoppers.
Alibaba Cloud signs a deal with start-up 01.AI to develop AI model solutions for business clients.
After disposing of Sun Art and Intime, an ‘asset-light’ Alibaba is expected to be in a better position to compete against e-commerce rivals.
The TV show, which airs on January 28, has been a Lunar New Year’s Eve tradition for millions of Chinese families since 1983.
The company will adopt a ‘rotating presidential system’ for the two new businesses, with each unit president serving a six-month term.
Total industrial robot deliveries this year are estimated to reach 300,000 units, down 5 per cent from 2023.
Amid rife speculation, the company says it has no current plans to go public or pursue a back-door listing.
In January, the DOD added AMEC and other Chinese tech firms to the blacklist because they were considered a threat to US national security.
The deal for the department store chain is valued at 7.4 billion yuan, less than half of what Alibaba sank into it.
The reported Intime sale is part of Alibaba’s broader efforts to restructure its business and refocus on its e-commerce and cloud businesses.
Black Myth took home the award for Best Action Game, the only prize out of the four awards it was nominated for.
Industry revenue grew 7.53 per cent to US$44.8 billion in what has been a big year for Chinese games overseas, including Black Myth: Wukong.
One example of ‘cultural confidence’ is that the game has inspired the use of more Chinese pinyin instead of English.
The growth is testament to how China’s esports industry has become a booming business, with local clubs making an impact on the global arena.
The investigation into Nvidia’s previously-approved Mellanox acquisition marks the first time that China’s market regulator has opened the books on a closed deal.
Alibaba’s Fan Luyuan admitted he was ‘out of line’ with controversial remarks that he said during a meeting with employees of Lingxi Games.
