China has achieved a massive leap in computing power, spearheaded by a new optical quantum chip capable of accelerating complex problem-solving by over a thousandfold. The photonic quantum chip won the “Leading Technology Award” at the 2025 World Internet Conference Wuzhen Summit last week – one of 17 scientific achievements honoured from more than 400…
In the corridors of Western think tanks and financial institutions, a familiar refrain has grown louder: China’s economy is stumbling, its growth model is exhausted, and its technological ambitions are overreaching. Yet while skeptics sharpen their prophecies of doom, something consequential is unfolding across the Pearl River Delta — a transformation that suggests the doomsayers…
American business leaders are looking to use Hong Kong as a “springboard” for tapping markets in China and Asia despite geopolitical tensions amid a wider reassessment of the mainland’s technological innovation, the city’s finance chief has said. Reflecting on his trip to New York and Washington last week, Financial Secretary Paul Chan Mo-po also said…
The memorandum of understanding signed earlier this year between Hainan province and Hong Kong is more than a mere policy document. It’s a signal that two of China’s key gateways have entered a new phase of two-way coordination and shared ambition. Spanning multiple sectors such as finance, trade and investment, data, tourism and talent exchange,…