04/09
2025 Wed.
China’s State Council Information Office on Wednesday released a white paper outlining its position
04/07
2025 Mon.
China saw 126 million domestic trips over the three-day Qingming Festival holiday, up 6.3% from a year earlier, according to data released Monday by the Ministry of Culture and Tourism. Tourism revenue reached 57.55 billion yuan (around US$8 billion), a 6.7% year-on-year increase, as more travelers opted for quick escapes and outdoor experiences. While Qingming remains a traditional time for tomb sweeping and paying respects to ancestors, this year’s holiday also saw a growing appetite for rural retreats and nature-based travel. Road trips, cycling, and hiking were among the top choices, reflecting a continued shift toward more flexible and wellness-focused ways to explore.
03/13
2025 Thu.
At the AI and Controllable Cloud Computing Industry Ecosystem Conference on March 13, Hangzhou officially launched its first Computing Resource Scheduling Service Platform. Designed to optimize AI and cloud computing resources, the platform integrates diverse and heterogeneous computing power to support businesses and developers. The platform offers five key functions: a computing marketplace, a matching system for computing power transactions, an integrated AI training and inference platform, model services, and computing vouchers for enterprises. This initiative aims to enhance Hangzhou’s digital infrastructure and strengthen its position as a leading hub for AI and cloud computing innovation in China.
03/11
2025 Tue.
On March 11, Manus announced a strategic partnership with Alibaba Cloud’s Qwen, to fully integrate its capabilities with Alibaba’s open-source AI models on domestic computing platforms. The two technical teams are working closely to develop more advanced and creative general AI solutions tailored for Chinese users. Manus has been rapidly expanding, securing an A-round funding in November 2024, led by Tencent and Sequoia China, with participation from ZhenFund and entrepreneur Wang Huiwen. Previously, the company raised two rounds from ZhenFund in February and August 2023.
03/05
2025 Wed.
He Xiaopeng, Chairman and CEO of XPeng and an NPC deputy, has submitted four proposals at the Two Sessions, urging policy support to accelerate advancements in robotics, autonomous driving, and eVTOL aviation. He advocates for subsidies on L3-level humanoid robots, drawing from early EV industry incentives to drive adoption among businesses and consumers. For autonomous driving, he proposes enabling low-speed unmanned parking and revising traffic laws to clarify accident liability for different levels of smart vehicles, alongside establishing industry standards for intelligent driving insurance. In the eVTOL sector, he calls for a structured pilot certification system and transition training for traditional aircraft pilots. His proposals align with China’s broader push to foster innovation in AI, mobility, and next-generation transportation.
02/28
2025 Fri.
The China Council for the Promotion of International Trade (CCPIT) gave a sneak peek of the China Pavilion at the 2025 Osaka World Expo, opening in just over a month. The pavilion’s logo features the Chinese characters for "China" in a classic seal-script style, set in a striking red color that symbolizes energy, celebration, and warmth. It blends traditional design with a modern touch, ensuring it stands out among the many other pavilions. The star of the show is the pavilion’s mascot, "Youyou," a lovable giant panda. The name is simple and easy to say in any language, with meanings tied to time, bamboo, and warmth—reflecting the panda’s role as a symbol of China’s friendship with the world. Focusing on "Building a Community of Life Between Humans and Nature," the pavilion will highlight sustainable development and green living. The Exporuns from April 13 to October 13, 2025.
On February 28, Alibaba International announced a strategic partnership with global shipping giant Maersk to enhance the shipping experience for small and medium-sized enterprises (SMEs). The collaboration aims to streamline the e-commerce logistics process and reduce shipping costs by 10%. The first batch of jointly developed shipping routes is already live, providing simplified processes and more efficient operations for businesses involved in international trade. Alibaba International has stated that it plans to expand this initiative, working with additional partners to roll out more routes and cover a broader range of global markets.
02/25
2025 Tue.
On February 25, Hong Kong Disneyland announced that it had turned a profit for the first time in ten years for the fiscal year ending September 2024. The park posted a net profit of HK$838 million, the highest since its opening in 2005. For the full fiscal year, revenue surged 54% year-over-year to HK$8.8 billion, while EBITDA reached HK$2.3 billion, marking a HK$1.4 billion increase from the previous year.
02/20
2025 Thu.
On February 20, Alibaba Group CEO Wu Yongming outlined the company’s future strategy during its Q3 FY2025 earnings call. He emphasized that Alibaba will continue to focus on three core business areas: domestic and international e-commerce, AI-powered cloud computing, and internet platform products. Over the next three years, the company will deepen its investments in AI, with a focus on three key areas: building AI and cloud infrastructure, developing foundational AI models and AI-native applications, and integrating AI across its existing businesses to drive digital transformation.
02/18
2025 Tue.
According to Lighthouse Pro, Nezha: Reborn of the Demon Child has grossed $1.698 billion globally in just 21 days, surpassing Inside Out 2 to become the highest-grossing animated film of all time. The milestone underscores the growing global impact of Chinese animation, solidifying Nezha as a dominant force in the industry. Lighthouse Pro is a Chinese platform providing real-time box office data and analytics, helping industry professionals track market trends.
