Gasgoo Research used its annual industry report to make ten calls about China’s car industry, and the most useful one for outsiders is a definition. The Chinese formula, according to vice president Wang Xianbin, is fast, good and cheap, and its foundation is scale rather than subsidy. Gasgoo Research presented its 2026 innovation report in … Read more
On 19 October the Ministry of Commerce published a joint opinion from nine ministries on accelerating technology-driven commerce. The document is dated 13 October, runs to eighteen measures, and carries the reference Shang Jian Han 2026 number 551. This is not a single-ministry circular. Commerce, the Cyberspace Administration, the National Development and Reform Commission, the … Read more
AI data centres keep demanding more DRAM capacity and bandwidth, and memory makers are pushing harder on the next shrink path. Two of them have just chosen opposite directions in the same week. CXMT, China’s largest DRAM maker, had just announced a breakthrough in the 4F-squared architecture, with products expected before the end of 2026. … Read more
Shenzhen is running the national AI Plus programme through its financial sector, and the city has begun organising the supply side of that market by name. On the afternoon of 20 October, the 2026 Shenzhen Finance and Artificial Intelligence Scenario Matchmaking Conference, together with the fifth Xiangmihu Digital Finance Innovation awards, was held at the … Read more
On 22 October, Bloomberg reported that Huawei Technologies has obtained a RMB 15 billion offshore syndicated loan, citing people familiar with the matter. The facility runs for seven years, is denominated in offshore renminbi, and was provided by six Chinese banks, including Bank of China, China Construction Bank and Industrial and Commercial Bank of China. … Read more
DeepSeek plans to lead a seed round in Winverse AI, a robotics AI company founded only months ago, at a post-money valuation of about $400 million, or roughly 2.7 billion yuan, Bloomberg reported on 12 October. The round itself is in the tens of millions of dollars. Meituan’s Longzhu fund has committed to follow. DeepSeek … Read more
On 20 October, DeepSeek open-sourced DeepInfer, its self-developed inference framework, and a detail buried inside the release is reshaping how China’s AI stack talks to silicon. Both Huawei’s Ascend 950 NPU and Nvidia’s SM100 Blackwell GPU appear on the officially supported hardware list, pulled from the same code tree, and switching between the two takes … Read more
Zhidx reports, citing Bloomberg, that DeepSeek is finalising a new funding round of at least RMB 80 billion, with Tencent and CATL among the largest committed investors. According to signed terms, the final amount could approach RMB 100 billion, laying the groundwork for an initial public offering planned for early 2027. The size already far … Read more
In the late 19th century, Standard Oil’s founders quietly bought stakes in railways to secure cheap, safe transport for their oil and a captive customer for lubricant. The same move is playing out today, with CATL buying seats at the AI table before demand explodes. Battery money meets AI On 6 October, Bloomberg reported DeepSeek’s … Read more
Wubu Infra, a Tsinghua University spin-off, has closed a C round of RMB 2.3 billion, bringing cumulative financing to RMB 4.3 billion and setting a national record for China’s AI Infra category. Foreign media report the company is preparing an IPO. Illustrative image generated for this report: heterogeneous AI compute orchestration by Wubu Infra (Source: … Read more