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Alibaba
Hangzhou
The latest news, analysis and opinion on Hangzhou. In-depth analysis, industry insights and expert opinion.
Head of Government
Party Secretary of Hangzhou Liu Jie
DeepSeek’s R2 artificial intelligence model was said to have been trained on a server cluster of Huawei Technologies’ Ascend 910B chips, according to Chinese social-media posts. Photo: Shutterstock
DeepSeek

DeepSeek speculation swirls online over Chinese AI start-up’s R2 model

The latest speculation includes R2’s imminent launch and the new benchmarks that it set in terms of cost-efficiency and performance.

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DeepSeek

DeepSeek on recruitment drive as start-up remains tight-lipped on new AI model

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IPO

Chinese restaurant chain makes its fifth attempt to list in Hong Kong

John Lee

Hong Kong’s John Lee in Hangzhou to boost tech and economic ties

Cooperation agreements will cover technological innovation, housing, economic and trade partnerships, as well as youth development initiatives.

Chief Executive John Lee led a delegation to visit Zhejiang ahead of signing comprehensive cooperation agreements between Hong Kong and the province. Photo: Dickson Lee
Chinese Super League

Fans in China voice anger as club play hours after striker Boupendza’s death

Zhejiang FC go ahead with match against Meizhou Hakka in Hangzhou on day of death of the 28-year-old, who fell from a building on Wednesday.

Alibaba

How Alibaba is transforming into a catalyst for China’s AI boom

By empowering innovations through its own technology and supporting former employees, the tech giant is reshaping China’s AI landscape.

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Artificial intelligence

Guangdong boosts AI and robotics subsidies after DeepSeek’s success

A new initiative seeks to position Guangdong as a ‘global highland’ for AI and robotics, following DeepSeek’s success.

A staff member tests a humanoid robot from a company based in Shenzhen, Guangdong province. Photo: Xinhua
Robotics

Unitree Robotics profitable since 2020, eyes expansion amid high demand

The Hangzhou start-up known for its robot dogs told local media it had no immediate plans for additional fundraising.

Alibaba

Alibaba, Ant partner with home province to boost China’s AI drive

The two tech giants have become key partners in empowering government agencies with AI capabilities.

Robotics

Unitree’s robots won’t be helping with the cleaning up just yet

Despite growing competition, Unitree’s founder says the company will not release household robots until safety issues are sorted out.

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Two humanoid robots seen at the offices of Unitree in Hangzhou, China. Photo: Xinhua
Robotics

China’s Shenzhen Dobot excites investors with US$27,500 humanoid

The Hong Kong-listed company has begun taking pre-orders for the robot, with mass production expected by mid-2025.

Shenzhen Dobot launches its humanoid robot Dobot Atom, priced at 199,000 yuan. Photo: Handout
Robotics

China reveals economic data on service robots for the first time

Service robots outperformed industrial robots in both growth and output in January and February, according to the statistics bureau.

Artificial intelligence

DeepSeek’s success lies in singular focus on innovation, AI scientist says

Hong Kong PolyU’s Yang Hongxia says China’s DeepSeek is purely engaged in AI model development.

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China technology

Venture capital funds flock to China’s Zhejiang province amid hi-tech push

Provincial capital Hangzhou is home to Alibaba and start-ups DeepSeek, Unitree, Deep Robotics, Game Science, BrainCo and Manycore.

A bird’s-eye view of Hangzhou, capital of eastern Zhejiang province. Photo: Shutterstock
Robotics

China manufacturing, AI pose an ‘existential threat’ to US in robotics sector

Domestic manufacturers’ share in China, the world’s largest robotics market, nears 50 per cent, up from 30 per cent in 2020.

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The United States and China are locked in competition for dominance in the robotics industry. Photo: Shutterstock
Alibaba

Alibaba revamps Quark search engine into AI super assistant

The new version of the web-search and cloud-storage tool offers advanced capabilities such as AI chatbot, deep thinking and task execution.

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Artificial intelligence

DeepSeek revolutionises stock trading as China’s retail investors embrace AI

Chinese retail investors are paying thousands of yuan to experts for learning to trade with AI.

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Alibaba

Alibaba.com targets 100% AI adoption by merchants in 2025

Zhang Kuo, president of Alibaba’s international wholesale marketplace, expects the AI initiative to help sellers and buyers on the platform.

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Kumamoto / JAPAN - Oct 3 2020 : Alibaba.com logo on iPhone in cart with Chinese flag. Alibaba Group, Chinese multinational conglomerate holding, is the world's largest retailer and e-commerce company.
Two Sessions 2025

In China’s economic transition, who’s up and who’s down?

As China continues its economic transformation, some industries stand to gain tremendously – and others are being left in the dust.

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China stock market

DeepSeek, China’s Sputnik moment, spurs re-rating of Seven Titans in Hong Kong

DeepSeek’s breakthrough fuels huge revaluation of Chinese tech stocks, boosting investor confidence and reshaping global market dynamics.

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Artificial intelligence

Chinese tech firms from Huawei to Inspur push ‘all-in-one’ DeepSeek AI servers

More than 30 Chinese server manufacturers now produce machines embedded with DeepSeek’s AI models.

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Demand for DeepSeek-powered all-in-one machines is expected to lift total 2025 sales in the domestic AI server market to US$7.4 billion. Photo: Shutterstock
DeepSeek

China’s AI start-ups scramble to respond to DeepSeek amid shift to open source

Hangzhou-based DeepSeek has dominated the spotlight in China’s AI arena at the expense of local peers such as Moonshot and MiniMax.

DeepSeek’s presence looms large in China’s nascent artificial intelligence industry. Photo: Reuters
DeepSeek

China’s science fund calls for more research after studying DeepSeek models

More than 10 experts from the country’s best universities attended the seminar, which was held in Beijing on February 20.

China property

Hong Kong’s New World to launch ‘Front Tower’ office building in Hangzhou

Beleaguered developer seeks to capitalise on a tech-fuelled revival in the eastern city’s property market.

Alibaba

Buns over bytes: Laid-off tech workers pursue culinary dreams

In Hangzhou, four ex-Alibaba employees have launched a thriving eatery that aims to inspire career reinvention.

The Ummy Mummy bun restaurant in Hangzhou. Photo: Handout
DeepSeek

DeepSeek ends week-long marathon to disclose AI model details

Some AI developers are already using DeepSeek’s open-sourced techniques to improve efficiency.

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A DeepSeek sign seen at the building where the start-up’s office is located in Beijing. Photo: Reuters
Hong Kong property

SHKP’s earnings drop as slowdown erodes assets

Meanwhile, New World Department Store’s interim earnings nearly double on stronger performance by mainland shopping malls.

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Artificial intelligence

Robotics star Unitree warns of scams as investors seek a way in

The start-up, whose founder attended President Xi’s business symposium last week, has become a hot investor target.

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