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The Centrifugal Hypergravity and Interdisciplinary Experiment Facility (CHIEF), located in Hangzhou, Zhejiang province, is expected to help scientists solve a vast array of engineering challenges. Photo: ifeng

China’s hypergravity marvel to ‘compress’ time and space

Revolutionary research tool will dial up gravity to mimic natural events and help to tap future energy reserves, solve engineering puzzles.

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The fight for AI talent heats up in China

China property: stabilisation effort gains pace in Hangzhou, Chengdu

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China’s AI start-ups eye fresh opportunities after OpenAI previews latest LLM

The ChatGPT creator’s new OpenAI o1 LLM is designed ‘to reason through complex tasks and solve harder problems than previous models’.

OpenAI o1 was previewed earlier this month by the ChatGPT creator. Photo: Shutterstock

Geely piles pressure on Tesla as China’s EV discount war intensifies

Geely Auto’s Zeekr Intelligent Technology unit priced the 7X at 229,900 yuan as deliveries began on Friday.

Hong Kong’s Wong takes Nakashima to brink before exiting Hangzhou Open

Hongkonger wins first set and has two match points before world No 39 American pulls away to win the deciding set.

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Hong Kong’s Wong through to Hangzhou Open 2nd round after China’s Wu retires hurt

In what had been billed as their Asian Games rematch, Wong won the first set 6-3 before Wu cried off with what looked like a low-back injury.

Coleman Wong Wong will now face fourth-seeded American Brandon Nakashima in the round of 16. Photo: SCMP/Edmond So

Hong Kong’s Wong, China’s Wu in Asian Games rematch at ATP Tour event in Hangzhou

The pair played out a memorable match last year in the Zhejiang capital, in what was arguably the biggest victory of Wong’s career so far.

Jack Ma calls on Alibaba to remain steadfast, ‘believe in the future’

To mark the 25th anniversary of Alibaba’s founding, Ma called on all employees to overcome competitive pressure, despite various challenges.

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Ant Group to hold new round of dividend payments to shareholders

This would mark the third round of dividend payments by Ant Group, following two previous rounds in December and March 2022.

Ant Group’s logo seen at the company’s headquarters in Hangzhou, capital of eastern Zhejiang province. Photo: Shutterstock

China’s chip industry becomes key breeding ground for unicorns

As start-up funding dwindles, investments are concentrated in a few unicorns, such as those in the integrated circuit sector.

The Chinese semiconductor industry is a leading breeding ground for unicorns in the country, according to a new report. Photo: AFP

SHKP gears up for rate cuts with slew of Hong Kong property projects

Hong Kong’s largest developer by market cap posted a 20 per cent drop in net profit to HK$19.04 billion (US$2.44 billion) for the year ended June.

Shanghai bets on live-streaming economy to boost consumption

Under a three-year plan, the local sector should generate nearly US$85 billion in online sales by 2026.

In China, hybrid cars beat EVs in popularity on range anxiety, costs

Hybrid cars are cheaper and more efficient, reasons why Chinese consumers are favouring them over pure electric cars. Range anxiety and cost issues are deemed challenging for young drivers.

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BYD releases a new entry-level plug-in hybrid model at the Beijing International Automotive Exhibition in April 2024. Photo: Kyodo

Goodbye slow boat to China: Alibaba logistics arm launches next-day delivery

Through a new route from the Hong Kong airport to Zhuhai, online purchases can reach buyers in Shanghai, Zhejiang and Jiangsu as fast as one day.

A Cainiao Post station in Jiangmen, Guangdong province, seen on February 14, 2024. Photo: Simon Song

China’s ambitions in humanoid robots in full display at expo

Chinese robot manufacturers are hoping to repeat the country’s global success in smartphones and electric vehicles

Alibaba gains as it swaps Hong Kong listing status to tap China funds

Alibaba, one of China’s largest technology behemoths with HK$1.58 trillion (US$202.7 billion) in value, would be very likely to make the cut, clearing the way for mainland investors to take their first bite on September 9.

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Guosen plans to buy Vanho, heeding China’s call to combine brokers

Shenzhen’s regulator of state-owned assets pushes move under Beijing’s effort to create bigger firms to compete with global leaders.

Investors monitor stock price movements at a securities company in Shanghai on September 24, 2021. Photo: AFP

Speed of China’s US$42 billion plan to buy up unsold homes ‘disappointing’

Only about five cities have made purchases so far, according to a China Real Estate Information Corporation (CRIC) report.

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China chip design expert warns of losses due to industry overcrowding

President of integrated circuit design at the China Semiconductor Industry Association says that large swathes of the domestic chip industry would end up in the red this year.

China’s AI talent in short supply amid surging demand triggered by ChatGPT race

For every five new jobs in artificial intelligence in China, there are only two qualified workers available, a sign of the serious shortage of talent in the hot sector, according to a new report.

The surging demand for jobs in artificial intelligence is largely driven by increased competition among China's Big Tech companies. Image: Shutterstock

Medals, venues, events: a visual guide to Asian Games 2023 in China

China's eastern city of Hangzhou will host the largest Asian Games ever from September 2 until October 8, 2023.  During 15 days of competition, nearly 12,000 athletes from 45 nations and territories will compete for 481 gold medals.

Chinese province offers chip industry financial aid to counter US sanctions blow

China’s eastern Jiangsu province will offer subsidies and financial support to cover research, equipment purchase, chip design, packaging and production.

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China’s late leader Jiang Zemin evaluating his career in 2009

Alibaba’s hometown, Hangzhou, to subsidise e-commerce industry

The city will establish support mechanisms to help e-commerce enterprises in a variety of areas, including finance, talent and logistics.

Hangzhou is taking steps to bolster its e-commerce industry after several setbacks, including Covid-19 related disruption. Photo: Xinhua

China rules NFT marketplace accountable for art theft by user

The court decided that the platform failed to check whether the user who created the NFT was the rightful owner of the artwork.

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A visitor observes NFT works at an exhibition in Yogyakarta, Indonesia. A Chinese court recently ruled on a case regarding NFT art theft. Photo: AFP
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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
last updated:
25 September, 2024
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