The recently released 2023 Shenzhen Robotics Industry Development White Paper, compiled by the Shenzhen Robotics Association, paints a picture of a burgeoning robotics sector in the southern Chinese metropolis. A staggering 10,408 new robotics companies registered in the city last year, representing a robust 19.62% year-on-year increase. This surge in new players is geographically concentrated,...
Early signs of a turnaround are emerging in China’s property market, with the pre-owned homes sector showing particular promise. Data for the first two months of 2024 paints a picture of a market cautiously regaining its footing, fueled by a combination of government stimulus measures and a rise in available listings. Year-on-year sales of pre-owned...
Chinese archaeologists have peered through the mists of time, utilizing a groundbreaking DNA analysis technique to reconstruct the face of Emperor Wu of the Northern Zhou dynasty. This emperor, who ruled until his untimely death in 578 AD at the young age of 36, has long been shrouded in mystery, particularly regarding the cause of...
The Guangdong Macao In-Depth Cooperation Zone in Hengqin has taken a bold step to become a hotbed for technological innovation. They recently unveiled a comprehensive package of “Several Measures for Promoting Technological Innovation Development in the Cooperation Zone,” outlining 22 initiatives designed to supercharge tech advancement across six key areas. These measures prioritize collaboration. Hengqin...
Patent data paints a compelling picture of the evolving landscape in quantum technology. From 2013 to 2022, China witnessed a surge in quantum computing patents, accounting for a staggering 56.5% of all domestic quantum-related patents granted. This explosive growth signifies China’s ambitious push to become a leader in this transformative field. A report published by...
A new report by the Hurun Global Rich List 2024 reveals a significant increase in the number of billionaires worldwide. The list identifies a staggering 3,279 billionaires. This surge reflects a growing concentration of wealth at the very top. The Hurun Research Institute likely surveyed 2,435 companies to compile this data on billionaires, compared to...
Apple’s commitment to China’s tech market deepens as Tim Cook, the company’s CEO, recently announced the arrival of the Vision Pro headset in the mainland this year. The news comes from Chinese state media, citing Cook’s response to a media query during the China Development Forum held in Beijing. CCTV finance, on its Weibo social...
China is making a significant push to attract foreign investment by offering greater access to its markets. An action plan released by the government outlines a series of reforms aimed at boosting economic growth, technological advancement, and global competitiveness. The plan focuses on two key areas: shortening the negative list for foreign investment and implementing...
The future belongs to robots, and China’s Robot Revolution is determined to be at the forefront of this transformation. While companies like Tesla have grabbed headlines with humanoid robots, China’s state-backed push promises a tidal wave of robotic workers unlike anything the world has seen. China’s Ambitious Roadmap In November 2023, the Chinese government laid out a...
Following China’s recent emphasis on developing “new quality productive forces” in its Government Work Report, Premier Li Qiang has urged a coordinated effort to promote the application of artificial intelligence (AI). This push for AI development comes after a series of visits by Li to key players in China’s technological landscape. Li’s remarks were made...