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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.

Red-packet battle: AI tech giants spent a collective US$1 billion on marketing this Chinese New Year. Photo: Getty Images

Business

Will users stick around after China’s US$1 billion AI marketing battle?

Vouchers, red packets and sponsorships drove a surge in AI users over Chinese New Year, but now the tech giants face a retention test.

Alibaba recruits Google DeepMind contributor to join Qwen AI team: sources

China’s EV battery leader CATL to step up use of AI in R&D: founder

China Business

China biotech outlicensing tops US$52 billion in first 2 months

The latest deals are Sino Biopharmaceutical’s partnership with France’s Sanofi and Antengene’s agreement with Belgium’s UCB.

The logo of Sino Biopharmaceutical is seen on a building in Beijing, April 22, 2021. Photo: VCG via Getty Images
The logo of Sino Biopharmaceutical is seen on a building in Beijing, April 22, 2021. Photo: VCG via Getty Images

China EVs

Low-cost models rule China sales; Geely’s bets amid price wars: 7 EV reads

From rising battery costs to Xpeng’s CEO calling to skip a step in self-driving cars, here are seven EV stories you may have missed.

Tech

Jack Ma, Alibaba leaders call for education overhaul in the age of AI

Time spent memorising textbooks could be freed up to cultivate creativity and imagination, according to Ma, the founder of Alibaba.

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China Business

Healthcare investors looking to ‘two sessions’ for clarity on drug pricing

Healthcare and insurance sectors will see policy fine-tuning, ‘moral support’ rather than ‘groundbreaking news’ from Beijing, analysts say.

Staff members dispense medicines at a pharmacy in Wuhan, in central China’s Hubei province, on February 27, 2020. Photo: Xinhua
Staff members dispense medicines at a pharmacy in Wuhan, in central China’s Hubei province, on February 27, 2020. Photo: Xinhua

Markets

US investors now own 23% of Taiwan’s equity market amid AI boom

US investors currently hold about 23 per cent of the Taiwan Stock Exchange’s total market capitalisation.

Tech Trends

Chinese AI drug researcher XtalPi expects to turn first annual profit

Shenzhen-based company projects net profit of at least US$14.5 million in 2025 on narrowing losses in core businesses, investment gains.

Tech

AI-aided US strikes in Iran to intensify China tech self-reliance push: analysts

AI’s militarisation adds momentum to China’s drive for domestic chips and infrastructure, analysts say.

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The US reportedly deployed Anthropic’s systems in the Iran campaign, including for intelligence assessments, target identification and battle scenario simulations. Photo: AFP

China EVs

China should skip a step in self-driving cars, Xpeng CEO says

He Xiaopeng urges Beijing to clear way for a leap ahead in autonomous driving technology – a jump he promises to propose at the ‘two sessions’.

The Next P7, an electric vehicle from Xpeng, appears at the Indonesian International Motor Show in Jakarta on February 5, 2026. Photo: AP Photo
The Next P7, an electric vehicle from Xpeng, appears at the Indonesian International Motor Show in Jakarta on February 5, 2026. Photo: AP Photo

China Economy

China supply chain expo set to welcome more US firms, launch AI section

Amid trade tensions, China Council for the Promotion of International Trade describes business communities as a ‘bridge’ for exchanges.

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China EVs

Chinese officials, car executives may discuss capping EV output

As China’s EV industry faces slowing growth, officials may discuss capping output and boosting tech innovation to combat price wars.

Tech

China’s Honor debuts robot phone and humanoid companion in push into AI hardware

Robot phone – featuring motorised arm that tracks motion and interacts with users through camera movement – unveiled ahead of MWC Barcelona.

Honor gives a preview of its robot phone, which features a fold-out gimbal-attached camera, ahead of MWC Barcelona. Photo: Handout

China Business

Hong Kong-listed Chinese drug firms set to turn corner on rising sales, deals

Chinese pharmaceutical firms are poised for profit growth, driven by innovative drug sales and licensing deals, despite pricing pressures.

Pills are produced and packed at Modern Pharmaceutical’s factory. Photo: Shutterstock
Pills are produced and packed at Modern Pharmaceutical’s factory. Photo: Shutterstock

China Economy

How China could narrow a tech hub’s income gap – and avoid Silicon Valley’s fate

As tech mecca Zhejiang province sees wealth soar on the back of robotics, gaming and AI, Beijing hopes to avert a wide income disparity.

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China Economy

From gala spectacle to job scare: Chinese workers confront the AI threat

The country’s economy – with an expansive public sector – is better positioned to withstand AI shocks, but more government support is needed.

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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.

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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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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
Dominik Mierzejewski

Opinion | For clues to China’s next overcapacity cycle, watch the Spring Festival Gala

Dominik Mierzejewski
Ni Tao

Opinion | How Hangzhou’s tech ecosystem nurtures dragons and rockets

Ni Tao
Michael Han

Opinion | China’s new property pivot is coming. Expect full stabilisation ahead

Michael Han
4
Mark Andrews

Opinion | Innovation and exports will winnow China’s car industry in 2026

Mark Andrews
David Tingxuan Zhang

Opinion | Why China has moved to curb steel exports

David Tingxuan Zhang
Brian Y. S. Wong

Opinion | Protection of vulnerable workers must be part of China’s AI strategy

Brian Y. S. Wong
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