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China's AI Champion Completes Record-Breaking Fundraising DeepSeek, the Hangzhou-based AI laboratory that has emerged as one of China's most prominent artificial intelligence companies, announced on June 16, 2026 the completion of its first-ever external fundraising round,
China's Top DRAM Maker Makes Explosive Market Entry ChangXin Memory Technologies (CXMT), China's leading producer of dynamic random-access memory (DRAM), made a spectacular debut on Shanghai's STAR Market on July 27, 2026, with shares
China's High-Tech FDI Is Growing Three Times Faster Than Overall Inflows Foreign investment into China's high-tech sectors surged 33.2% in the first half of 2026, now accounting for 42.4% of total FDI — underscoring a
From Domestic Pilots to Cross-Border Realms China's digital yuan (e-CNY) entered a new phase of expansion in mid-2026. Multiple "first-of-its-kind" cross-border transactions have been completed, including cross-border trade settlement, cross-border utility payment and free-trade zone financial
Semiconductor Output Surges 23.1% China produced 279.8 billion pieces of integrated circuits in the first half of 2026, a 23.1-percent year-on-year increase, reflecting massive government-backed expansion of domestic chipmaking capacity and the maturation of advanced process nodes
China's Largest AI Startup Fundraising DeepSeek, the Hangzhou-based artificial intelligence laboratory, completed its first-ever external fundraising round in June 2026, raising more than 500 billion yuan ($74 billion) at a valuation exceeding $500 billion — making it China'
STAR 50 Index Climbs to 2,305 China's STAR Market (Shanghai Science and Technology Innovation Board, analogous to Nasdaq) reached an index level of 2,305 points in July 2026, up from around 1,820 at the start
A Banner First Half for Semiconductors China's semiconductor sector delivered one of its strongest half-year performances on record in 2026. The integrated circuit (IC) output reached 279.8 billion pieces in the first six months, up 23.1%
June Sets New Monthly Record China's new energy vehicle (NEV) sales reached 744,600 units in June 2026, with the share of NEVs in total new vehicle sales climbing to 58.5%—approaching the symbolic 60% threshold, according
Digital Currency Showcase The 2026 China International Finance Exhibition, held June 16-18 in Shanghai under PBOC guidance, featured a dedicated digital yuan zone. The event deepened cooperation with the Digital Currency Research Institute around the e-CNY operation management center and