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China Future Tech

China Future Tech

Key Industries:
EVs
AI
Semiconductors
Aerospace
Robotics
Biomedicine
Live Q&A webinars

As China bets on tech and innovation to drive its growth, it has placed its chips on several industrial sectors that are expected to play increasingly important roles in development and trade, which will bring fresh opportunities and challenges for stakeholders. SCMP’s China Future Tech is your go-to destination for the latest news, insights, and opinions on these select industries. Explore in-depth coverage of EVs, AI, semiconductors, aerospace, robotics and biomedicine sectors. Follow us to stay ahead in China's evolving competitive landscape.

Zhu Yiming’s bet that memory-chip production would migrate to China was placed long before he founded CXMT. Photo: Handout

Tech

Meet CXMT’s Zhu Yiming: the man building China’s memory-chip giant

From a Silicon Valley garage to China’s largest DRAM maker and a US$4.4 billion IPO, Zhu reportedly refused pay until CXMT became profitable.

Shanghai’s computing-grid coordination marks a national first

TSMC pledges extra US$100b for Arizona fab expansion amid soaring AI chip demand

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China Business

Charging ahead: why BYD plans to build 3,000 ‘flash-charging’ stations in Europe

The facilities will support BYD’s latest flash-charging technology, which can reportedly recharge a car’s battery in just 10 minutes.

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The Denza N9 hybrid electric SUV is one of several BYD models targeting the luxury end of the car market released over the past few years. Photo: Handout
The Denza N9 hybrid electric SUV is one of several BYD models targeting the luxury end of the car market released over the past few years. Photo: Handout

China Business

Mainland funds boost stakes in Hong Kong-listed biotech amid value dislocation

Analysts say valuation of the sector is attractive, with biotech firms trading relatively cheaply.

Tech

Sam Altman signals OpenAI price war as rivalry with Anthropic, China heats up

American AI pioneer eyes 75 per cent fee cut for flagship software to counter market gains by Claude and low-cost alternatives from Chinese providers.

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Tech

China’s CXMT valued at US$85 billion in record Shanghai IPO

Chinese DRAM maker is set to raise 57.9 billion yuan (US$8.5 billion), nearly twice the amount earmarked for its investment projects.

China’s top maker of computer memory chips, CXMT, is eyeing a record IPO in Shanghai. Photo: Reuters
China’s top maker of computer memory chips, CXMT, is eyeing a record IPO in Shanghai. Photo: Reuters

Tech

Alibaba to team up with Honor in race to build AI agentic devices

Huawei spin-off Honor has been developing what it calls a ‘next-generation terminal operating system’, known as Agentic OS.

Tech

Global AI boom sees China’s chip exports nearly double in first half of year

Exports of automatic data processing machines and parts jumped more than 41 per cent to top US$138 billion.

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China Economy

No U-turn: Hainan solidifies 2030 deadline to purge petrol-vehicle sales

New road map for the tropical free-trade hub highlights advancements in fleet electrification, creating a potential template for other provinces to follow.

A car is refuelled at a petrol station in China’s Hainan province in March as other vehicles queue. Photo: CFOTO/Future Publishing via Getty Images

China Business

Europe beckons: can Chinese medical device makers thrive amid trade barriers?

Chinese medical device companies eye Europe for relief from hospital probes at home while navigating protectionism overseas.

Fiscal pressure has made European governments more receptive to Chinese medical devices in recent years. Photo: Xinhua
Fiscal pressure has made European governments more receptive to Chinese medical devices in recent years. Photo: Xinhua

Tech

China works on AI safety benchmark as regulators target large model risks

State-led initiative addresses AI concerns such as data leaks and hallucinations, as Beijing joins global efforts to enhance oversight of generative models.

Tech

Xi Jinping to attend World AI Conference for first time amid tech push

Chinese leader will deliver a keynote address at the Shanghai conference, underscoring Beijing’s focus on AI development.

China Business

Can AI collaborations power China’s next wave of blockbuster drug deals?

China develops 30 per cent of new therapies worldwide as it rises to the top tier in innovation efficiency, drug supervision official says.

A pharmaceutical manufacturing line. Photo: Shutterstock

Companies

The new space race: how China plans to break SpaceX’s dominance with IPO push

As Beijing makes history by capturing the Long March-10B booster at sea, at least 15 aerospace firms are racing to go public on Shanghai’s Star Market or in Hong Kong.

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The Long March-10B carrier that made history in China, pictured launching from Wenchang in the southern Hainan province on July 10. Photo: AFP
The Long March-10B carrier that made history in China, pictured launching from Wenchang in the southern Hainan province on July 10. Photo: AFP

China Economy

China’s historic sea-based rocket recovery puts spotlight on local shipbuilder

Unlike conventional vessels, the platform must maintain exceptional stability and positioning accuracy in rough seas.

Tech

China Life sets up chip fund to support long-term innovation

The US$737 million yuan fund for semiconductor investment to support chip firms with ‘substantial technical know-how and resources’.

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China Business

Wuxi AppTec’s upbeat business update boosts stock despite US bill

A presentation persuaded investors that risk of a potential US blacklisting is low while growth in some business areas is ‘unprecedented’.

Shares in Chinese drug research and development group Wuxi AppTec closed up 23.9 per cent on Friday, the most since its listing in 2018. Photo: Reuters
Shares in Chinese drug research and development group Wuxi AppTec closed up 23.9 per cent on Friday, the most since its listing in 2018. Photo: Reuters

Big Tech

China Telecom say AI model with 1 trillion parameters trained with Chinese chips

The state-owned telecoms operator did not reveal what chips it used for its 1 trillion-parameter model, but it has a partnership with Huawei.

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Tech War

Huawei’s Meng Wanzhou back at the helm of firm ahead of next smartphone launch

In her latest tenure as rotating chairwoman, Meng is expected to oversee the launch of Huawei’s next flagship 5G smartphone series, the Mate 70.

videocam

China Business

5 Chinese EV makers set monthly sales records as discounts draw buyers

BYD, Li Auto, Xpeng, Zeekr and Leapmotor posted new monthly delivery records in September as new models and promotions proved enticing.

Employees work on an EV production line at a Leapmotor factory in Jinhua, in China’s eastern Zhejiang province, on September 18, 2024. Photo: AFP
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China Future TechChina Future Tech
Oppo expects to roll out generative artificial intelligence functions to its 50 million smartphone users by the end of this year. Photo: Shutterstock

Oppo enters tech pact with top EV maker BYD, acquires AI start-up

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OPINION
Ravi Kant

Opinion | Clash of the tech titans: China’s quiet industry vs loud US innovation

Ravi Kant
Hugh Harsono

Opinion | Why China is seriously cultivating AI entertainment

Hugh Harsono
Tang Meng Kit

Opinion | EU isn’t just selling aircraft to China. It’s helping strengthen a competitor

Tang Meng Kit
David Dodwell

Outside In | How AI is changing the nature of war and conflict

David Dodwell
Bernard Chan

Opinion | Trump’s rants over China’s green energy transition are just hot air

Bernard Chan
5
Andy Xie

Opinion | US-China AI war boils down to a contest over electricity

Andy Xie
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