Dougong (斗拱) is a bracketing system used in ancient Chinese architecture. Huifu and its partners offer a "customized, open and reliable" system that connects payment, software, and data management capabilities, like ancient Chinese wooden components.

Wall Street is tumbling Monday on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China that can do similar things for much cheaper.

While the total industrial investment in Shanghai was estimated to achieve double-digit growth throughout 2024, the output value of high-tech ships and integrated circuits was estimated to grow by about 17 percent and 20 percent, respectively, on a yearly basis, according to Zhang.

The fund was established days after the US rolled out new chip export restrictions and placed more Chinese firms on its trade blacklist.

As 2025 unfolds, China's smartphone market faces a wave of price cuts, with Apple launching promotions and Huawei following suit by adjusting its pricing. While manufacturers compete for market share through innovation in a contracting market,

Beijing and Shanghai have recently attained unprecedented levels of investment and development in the artificial intelligence (AI) sector. These two cities are propelling China's swift ascent in the global AI competition.

In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling US sanctions.

(Yicai) Jan. 23 -- Shanghai's annual gross domestic product surpassed CNY5 trillion (USD686.2 billion) last year, making it the first of China’s cities to achieve this milestone.

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will

China's most valuable artificial intelligence (AI) company, whose stock surged more than 470 per cent in the past 12 months, predicted its first-ever quarterly profit, adding fuel to hopes among some investors that the firm could replace US chip designer Nvidia in the local market amid Beijing's self-sufficiency drive.

Silicon Valley’s initial advantage in LLMs evaporated quickly despite export controls, writes AI expert Gary Marcus.