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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
Artificial intelligence start-up DeepSeek has built a powerful large language model at less cost than what bigger tech firms spend on such projects. Photo: Shutterstock
Artificial intelligence

Meet DeepSeek: the Chinese start-up that is changing how AI models are trained

Hangzhou-based DeepSeek is 2025’s ‘biggest dark horse’ in open-source large language models, Nvidia research scientist Jim Fan says.

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Artificial intelligence

Chinese start-up DeepSeek’s new AI model outperforms Meta, OpenAI products

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Badminton World Federation (BWF)

Chinese Taipei badminton doubles pair under fire for pro-independence support

Badminton World Federation (BWF)

China fans hammer world No 2 Antonsen after Dane’s controversial win over Li

Fury erupts on social media over outcome of HSBC BWF World Tour Finals match in Hangzhou.

Anders Antonsen (left) talks to the referee during his men’s singles match against Li Shifeng. Photo: Xinhua
Chanel

Chanel’s Hangzhou show celebrates Chinese culture and Coco Chanel’s passion

Liu Wen opened the stunning extravaganza on the shores of West Lake, featuring references to traditional Chinese motifs, and showcasing the maison’s craftsmanship and timeless elegance.

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Alibaba

Alibaba’s DingTalk sees Hong Kong as pathway to expansion of collaboration app

City is expected to provide a solid foundation for the workplace app’s international business development strategy.

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Alibaba

Jack Ma returns to Alibaba campus in sign of support

The founder’s visit is his first known trip to his hometown since March 2023.

Alibaba founder Jack Ma visited the company’s Hangzhou campus on Friday. Photo: Handout
Badminton World Federation (BWF)

Chinese Olympic gold medallist Zheng in retirement shock, seeks life off court

Zheng Siwei won mixed doubles badminton title in Paris this summer and says fans expected him to continue to LA Games in 2028 and beyond.

Science

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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Artificial intelligence

The fight for AI talent heats up in China

The scarcity of AI talent has set off a recruitment battle, with companies offering above-average pay to woo the right candidate.

Demand for AI talent continues to surge in China. Photo: AFP
China property

China property: stabilisation effort gains pace in Hangzhou, Chengdu

Zhejiang province’s capital lifts price restrictions for homes built on newly acquired land and cuts initial payments for new and used homes.

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Hangzhou, a major city, eastern China, has withdrawn price restrictions for homes built on newly acquired land in the metropolis. Photo: Shutterstock
Artificial intelligence

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’.

Electric & new energy vehicles

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.

ATP

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.

Hong Kong qualifier Coleman Wong almost won the second-round match in straight sets before fading away in the decider. Photo: Edmond So
ATP

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
ATP

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

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

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
US-China tech war

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.

Hong Kong property

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.

E-commerce

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.

Shanghai aims to boost its live-streaming economy. Photo: EPA-EFE
Electric & new energy vehicles

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
Alibaba

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.

Artificial intelligence

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

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.

The logo of Chinese technology firm Alibaba is seen at its office in Beijing on August 10, 2021. Photo: AP
Banking & finance

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
China property

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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Semiconductors

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.

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