Strong financial results by the two companies are the touchstones of the earnings growth that global investors are looking for, as they debate whether China’s post-pandemic recovery was a flash in the pan.
Douyin is working on technologies similar to what has been adopted by TikTok to automatically label artificial-intelligence-generated content (AIGC).
The sprawling campus, Alibaba’s third in Hangzhou’s Xixi area, is a sign of the e-commerce giant’s commitment to its home city.
Qu Jing’s comments endorsing an intense workplace culture sparked a public backlash in China, where people have been speaking out against damaging office practices at Big Tech firms.
The company says its LLM series, also known as Qwen, is used in industries ranging from consumer electronics to cars and online games, with clients that include Xiaomi.
State media article on Wednesday says it is ‘certain’ that China’s central bank will participate in treasury bond trading amid better coordination with the finance ministry.
China’s strengthened push to use RISC-V, an open-source chip-design architecture, is facing new risks amid scrutiny by the US and Google’s move to stop supporting it on Android.
Further restrictions on access to Intel and Qualcomm chips would pose challenges to Huawei’s PC business, which has been gaining ground in the China market.
Launched in partnership with a local tech group, ShoppyHub.mn aims to offer products from Chinese manufacturers on Alibaba’s wholesale marketplace 1688.com.
The Beijing-based start-up, dubbed one of the ‘four new AI tigers’ of China, is said to have plans to release ‘high-quality text-to-video tools’ by this year at the earliest.
The company’s flagship EH216-S autonomous flying vehicle took off in Abu Dhabi, as part of a plan to launch commercial flights in the UAE.
Shenzhen and Wuhan have become the latest Chinese cities to ease home purchase restrictions to boost sales, as a growing number of major metropolises take steps to support the country’s slumping property sector.
The e-commerce giant is rolling out the major overhaul ahead of China’s second-largest annual shopping extravaganza, the 618 sales event.
More than 46 per cent of urban residents polled by People’s Bank of China say job market is ‘uncertain’, while 62 per cent aim to save more, in continued challenge for policymakers counting on domestic consumption to propel the economy.
China’s internet giants have slashed jobs in recent years, affecting tens of thousands of people, many of whom have decided to become entrepreneurs themselves, with mixed results.
In the face of a potential ban of TikTok in the US, Chinese merchants selling on the platform are preparing for the worst.
Hefei, the capital of the eastern Anhui province, has placed a heavy focus on innovation and emerging industries, including new energy vehicles, with officials from across China eager to copy the formula for success.
Global iPhone revenue fell 10 per cent in the first quarter, but Apple CEO Tim Cook said he has a “very positive viewpoint” on China despite increased competition.
US lawyers representing young people and their families allege that the overseas version of TikTok protects children in China in ways that the US version does not.
Analysts say China’s central bank, with an eye on the yuan’s stability, could let it weaken gradually, but such a move ‘could backfire to some degree’.
Yum China Holdings, which owns the KFC and Pizza Hut restaurant chains in mainland China, plans to open more stores in ‘untapped’ parts of the country where it hopes its low-price strategy will appeal to vast numbers of less affluent customers.