We're taking a deep dive into the details of Beijing's recently unveiled 30-point action plan. This ambitious strategy targets a myriad of inherent problems stifling consumer expenditure.

Quark, a promising innovation from Alibaba, is earning rave reviews in China, showcasing the company's determination to be a significant contender in the AI agent arena, against players such as Butterfly Effect’s Manus and OpenAI’s Deep Research.

China has successfully tested the TP1000, a colossal transport drone with unmatched capabilities. This unmanned aircraft, which had its inaugural flight on Saturday, boasts a bigger payload and an extended range, outperforming all of its predecessors in China.

Yang Hongxia, an AI scientist from Hong Kong PolyU, declares the secret to DeepSeek's success in China is their unwavering commitment to the progression and refinement of artificial intelligence models.

In a daring shift, Huawei is anticipated to abandon US-based hardware and software, such as Intel and Windows, in its upcoming personal computers. Instead, it plans to utilise its own in-house technology.

Analysts predict a powerful growth surge for Chinese electric vehicle battery manufacturer CATL by 2025. Following a year of record-breaking profits in 2024, US investment bank Jefferies has optimistically raised CATL's price target.

In an exciting collaboration, UBTech, a renowned Hong Kong-based robotics company, will introduce their high-tech robots to Easyhome customers. Easyhome is one of the most popular furniture retail chains in China. This partnership aims to infiltrate 10,000 Chinese homes with advanced robotics technology.

The Chinese government needs to successfully implement its latest reform initiatives to dispel doubts about the country's growth potential and fulfill its promises.

China's groundbreaking new 30-point plan is set to invigorate consumer spending like never before, tackling a range of deep-rooted problems from insufficient wages to the ongoing real estate crisis. It's deemed the most all-encompassing strategy since the 1970s.

China has recently introduced a comprehensive 30-point plan designed to boost consumer spending. This strategy includes measures to enhance household wealth, stimulate stock and property markets, fund artificial intelligence, and improve childcare services. All these efforts are geared towards achieving a remarkable 5% growth rate by 2025.

The aspirations of China to internationalise the yuan and the US to reindustrialise itself are nothing more than fanciful dreams. As long as China maintains a closed capital account while the US upholds an open one, their respective goals remain unattainable.

Chinese technology powerhouse Baidu has introduced innovative AI models, claiming superior performance over rivals like DeepSeek and OpenAI in benchmark tests. Baidu asserts that its reasoning model, dubbed Ernie X1, matches the performance level of DeepSeek R1, but at a significantly reduced cost, essentially half the price.