China’s industry regulator has pledged to provide more fiscal support for small-scale innovative firms in specialised industries, reports the South China Morning Post. The support for firms referred to as the country’s “little giants” are part of a range of measures designed to boost the country’s technological self-reliance and upgrade key industries. Li Lecheng, the head of China’s […]
Category: Tech, Media & Telecom
X Square Robot, a China-based startup specializing in humanoid robotics, has raised RMB 1 billion yuan ($143 million) in a new funding round led by TikTok owner ByteDance and venture capital firm HongShan Capital Group, reports Caixin. The investment marks the latest sign of investor enthusiasm for China’s fast-evolving “embodied AI” sector—artificial intelligence systems capable of […]
Beijing has announced that one of its top priorities for 2026 is tightening export controls and safe-guarding supply chain resilience. The announcement made by the Ministry of Commerce said it would “tighten the safety net for opening up”, as it pledged to enhance legal frameworks and risk prevention. Chinese leadership has been increasingly using export […]
China can narrow its technological gap with the US driven by growing risk-taking and innovation, though the lack of advanced chipmaking tools is hobbling the sector, reports Reuters. This is based on comments from the country’s leading artificial intelligence researchers. Yao Shunyu, a former senior researcher at ChatGPT maker OpenAI who was named technology giant Tencent’s […]
The US Federal Communications Commission (FCC) has carved out targeted exemptions from its sweeping drone import ban, allowing select foreign-manufactured drones and components to remain in the US market, while reinforcing its hardline stance against Chinese suppliers, reports Caixin. The exemptions, announced January 7, refine a broader prohibition imposed in December 2025 over national security concerns. […]