How China’s Yangtze River Delta became a tech powerhouse

How China’s Yangtze River Delta became a tech powerhouse

In Suzhou, eastern China’s Jiangsu province, the start-up Magic Lab specialises in full-sized humanoid robots designed to interact with people and work in factories – just one example of the Yangtze River Delta region’s transformation into a national innovation hub. “More than 90 per cent of the components, including critical parts like torque motor joints,…

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Alibaba International Launches PicCopilot Fashion Reels

Alibaba International Launches PicCopilot Fashion Reels

NEW YORK and PARIS, June 10, 2025 /PRNewswire/ — PicCopilot, an AI-powered visual design platform within Alibaba International Digital Commerce Group (“Alibaba International”) today announce the official launch of PicCopilot Fashion Reels, a tool that transforms product photos into model try-on videos for fashion retailers. PicCopilot, known for its AI-powered e-commerce design tools, developed PicCopilot Fashion Reels…

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Electric Vehicle Stocks Fall As Investors Raise Funds For CATL’s Hong Kong Debut

Electric Vehicle Stocks Fall As Investors Raise Funds For CATL’s Hong Kong Debut

CLN KraneShares April Economic Data Release New Home Prices Month over Month -0.12% Used Home Prices MoM -0.41% Property Investment Year-to-Date (YTD) -10.3% versus expectations -10% and March’s -9.9% Residential Property Sales YTD -1.9% versus March’s -0.4% Retail Sales +5.1% versus expectation 5.8% and March’s 5.9% Online Retail Sales +7.7% YTD YoY Industrial Production +6.1%…

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China’s May Day holiday travel rebounds with surge in domestic, inbound, and outbound activity · TechNode

China’s May Day holiday travel rebounds with surge in domestic, inbound, and outbound activity · TechNode

China’s 2025 May Day holiday saw a strong rebound in travel and consumer spending, with both domestic and cross-border tourism reaching new highs, supported by the country’s advanced digital payment infrastructure. Why it matters:The May Day holiday, among China’s longest public breaks, is often seen as a key indicator of consumer spending sentiment in the…

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Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…

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Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…

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Chinese tech giants race to expand AI services market with latest open-standard protocol

Chinese tech giants race to expand AI services market with latest open-standard protocol

Major Chinese technology companies are racing to launch services based on the open model context protocol (MCP), which enables Manus-like artificial intelligence (AI) agents to connect with third-party online tools, data sources and systems – a trend that could expand the commercial adoption of such applications. Alipay operator Ant Group – the fintech affiliate of…

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