Zhejiang, home to AI upstart DeepSeek and other firms, endeavours to be a world-leading incubator for the bleeding edge of tech As China's DeepSeek - a relatively recent entrant in a crowded field of companies producing artificial intelligence (AI) models - threatens the dominance of the United States in the nascent but highly competitive sector,

On December 4, 2024, @Natsume'sCat shared a video from Zhejiang, China, showing their child crawling with their legs up. The caption read, “The news that my son crawls fast has spread to the nearby villages!

HANGZHOU — Zhejiang, a major manufacturing province in eastern China, plans to cultivate 20 new "Eagle Enterprises", or industry leaders, predominantly from the private sector, in 2025.

Two AI-controlled lunar rovers in 2028 launch set to mark the first time a Chinese tech subcontractor plays a key role in a space mission.

New consumer trends in China have gained significant momentum, including a resurgence in tourism and rapid growth in digital entertainment, online education, and live-streaming e-commerce. Green products, such as energy-efficient appliances and NEVs, have also emerged as new growth areas.

The investment case for Zhejiang Huahai, based within the province of Zhejiang, is that it is cheap based on current valuations, has good fundamentals and is a fairly decent business. The company was founded in 1989 and now employs over 9,000 people. It operates more than 40 subsidiaries and units across China, the US and Germany.

People across China have taken to social media to hail the success of its homegrown tech startup DeepSeek and its founder, after the company unveiled its newest artificial intelligence model, sending shock waves through Silicon Valley and Wall Street.

Emojis of “DeepSeek pride,” often with smiling cats or dogs, flooded Chinese social media, adding to the festive Lunar New Year atmosphere.

Trump has threatened a 10% levy from 1 February - but his campaign included 60% tariffs against Chinese imports.

DeepSeek-R1, the latest in a series of models developed with fewer chips and at low cost, is challenging the dominance of OpenAI, Google, and Meta. View on euronews

Discover the best universities in China for 2025, recognized as global education powerhouses leading the way in shaping the future of higher education

DeepSeek has delighted the Chinese internet ahead of Lunar New Year, the country's biggest holiday. It's good news for a beleaguered economy and a tech industry that is bracing for further tariffs and the possible sale of TikTok's US business.