10 June 2025

Tencent Music Entertainment Group, China’s largest online music platform by user count, announced on Tuesday its acquisition of audio content platform Ximalaya for about US$2.4 billion in cash and stock. The Tencent Holdings subsidiary will offer US$1.26 billion in cash and up to 5.2 per cent of its total outstanding class A ordinary shares. It […]

The Chinese Academy of Sciences (CAS), the nation’s premier science institution, has unveiled a chip design system driven by artificial intelligence (AI) that has the potential to significantly accelerate semiconductor development and replace human programmers. Developed by the State Key Laboratory of Processor and the Intelligent Software Research Centre, both under CAS, and the University

Ren Zhengfei, founder and chief executive of Chinese telecommunications equipment giant Huawei Technologies, said the company’s Ascend chips still lag behind those from the US “by a generation”, but state-of-the-art performance can still be achieved by using other methods. In a front page interview published on Tuesday by the People’s Daily, the mouthpiece of the

China’s five-year plan has evolved beyond a command-economy production schedule. It now represents a comprehensive vision for the country’s economic future, accompanied by strategies and policy guidelines. As Beijing’s planners draft the next five-year plan for 2026-2030, a general consensus is emerging: development and economic growth remain paramount. In particular, China is seizing the opportunity