China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion yuan (US$22.07 billion) in “new-type infrastructure” investment for the year as it called on the city to embrace challenges like a “seabird braving the storm.” When delivering the city’s work report on Tuesday, Shenzhen Mayor…

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DeepSeek’s success gives Chinese firms jolt as Beijing seeks sanction-beating breakthroughs

DeepSeek’s success gives Chinese firms jolt as Beijing seeks sanction-beating breakthroughs

The sudden success of Chinese artificial intelligence (AI) start-up DeepSeek comes as a morale booster for the country’s researchers and tech companies, who have been tasked by Beijing to push for breakthroughs in the face of US-led curbs on the trade, industry participants and analysts said. DeepSeek’s emergence has also changed perceptions among economists and…

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China calls for overseas education ventures in push for tech advancement

China calls for overseas education ventures in push for tech advancement

As part of a 10-year plan to transform China into a global education superpower, Beijing has encouraged joint projects involving overseas universities with highly ranked science and technology programmes to help boost the country’s self-reliance in cutting-edge fields. The government called on local authorities to “enhance high-quality international collaborations in academia, industry and research” while…

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