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Chinese AI Startups Draw Big Checks: Mosi Intelligence Raises Over 1 Billion Yuan, Oula Wanxiang Clo

Chinese AI startups continued to attract substantial capital this week, with multimodal model company Mosi Intelligence announcing a Pre-A round of more than 1 billion yuan on October 12 and embodied ...

0 Comment2026-10-130

MIIT Pushes "AI+Manufacturing" at CIIF; Shanghai Targets 8,000 Humanoid Robots in Factorie

At the opening ceremony of the 26th China International Industry Fair (CIIF) in Shanghai on October 12, Wang Weiming, chief engineer of the Ministry of Industry and Information Technology (MIIT), said...

0 Comment2026-10-130

China Issues Opinions on New Quality Productive Forces, Fully Implementing "AI+" Action

The Communist Party of China Central Committee and the State Council have printed and distributed the Opinions on Developing New Quality Productive Forces, explicitly proposing the full implementation...

0 Comment2026-10-130

Alibaba Qwen Releases QwenGyre Reinforcement Learning Framework for Ultra-Long-Horizon Agents

Alibaba's Qwen team officially released QwenGyre on October 12, an online reinforcement learning (RL) framework designed for ultra-long-horizon agent tasks, marking a new step in the training of agent...

0 Comment2026-10-130

StepFun's Step 5 Preview Model Goes Live on Tencent WorkBuddy with Two-Week Free Access

StepFun (Jieyue Xingchen) announced on October 12 that its flagship model Step 5 Preview has gone live on Tencent's all-scenario AI office workspace WorkBuddy, with exclusive limited-time free access ...

0 Comment2026-10-130

Experts Explore 20 Years of "Yiwu Experience" in Safe Construction and Grassroots Governan

A seminar on "20 Years of Promoting the Yiwu Development Experience — Safe Construction and the Modernization of Grassroots Social Governance" was held in Yiwu, Zhejiang, on October 11, bringing toget...

0 Comment2026-10-130

Yiwu Index Shows Emotional Consumption Opening High-Value Path for Small-Commodity Exports

Emotional consumption — products that sell feelings, healing, and atmosphere rather than pure function — is opening a differentiated, high-value upgrade path for Yiwu's small-commodity trade, accordin...

0 Comment2026-10-130

Yiwu-Europe Freight Train Import-Export Container Volume Tops 200,000 TEU

Container volume on the "Yiwu-Xinjiang-Europe" (Yixinou) freight train route surpassed 200,000 twenty-foot equivalent units (TEU) this year as of October 7, according to Yiwu Customs data cited by CCT...

0 Comment2026-10-130

2026 Yiwu Machinery Expo Opens with 800 Companies and 30,000 Buyers Expected

The 2026 China Yiwu Plant Protection and Agricultural Machinery, Water Pump and Electrical Products Expo opened on October 12 at the Yiwu International Expo Center, drawing nearly 800 quality companie...

0 Comment2026-10-130

From OEM to Own Brands: Yiwu Party Supplies Makers Build a 100-Billion-Yuan Global Niche

Party supplies may look like a niche segment within Yiwu's vast small-commodity export system, but the little aluminum foil balloons and themed party kits shipped from Yiwu International Trade City st...

0 Comment2026-10-130

Yiwu Enterprises Bet on AI for Cross-Border Trade as 2026 Commerce Conference Approaches

With the 2026 Yiwu Commerce Conference set to open on October 23 under the theme "Digital Trade Opens New Paths, AI Opens New Business Seas," Yiwu enterprises are quietly piloting artificial intellige...

0 Comment2026-10-130

Yiwu Opens New Railway Station Building as Holiday "Stocking-Up Tourism" Draws Crowds

The new high-level station building of the railway Yiwu station officially entered service on October 9, drawing national attention as Yiwu featured prominently in central and provincial media coverag...

0 Comment2026-10-130

China Approves Geely's Acquisition of 34% Stake in Ford's Spanish Operations

China's State Administration for Market Regulation (SAMR) has unconditionally approved Zhejiang Geely Holding Group's acquisition of a 34% equity stake in Ford España, S.L., according to the regulator...

0 Comment2026-10-130

Chery Recalls 8,878 OMODA 5 Vehicles in Malaysia Over Rear-Axle Defect

Chery Automobile issued an apology on October 11 and announced a recall of 8,878 OMODA 5 vehicles in Malaysia after an incident in which a rear axle detached from a moving car, with a preventive inspe...

0 Comment2026-10-130

China, EU Set Three Principles for Hybrid and EV Trade Consultations

China's Ministry of Commerce (MOFCOM) spokesperson outlined three basic principles agreed in recent China-EU consultations on hybrid and electric vehicles at a press briefing on October 12, framing th...

0 Comment2026-10-130

China to Cut VAT Export Rebate for NEVs from 13% to 9% Starting April 2027

China's Ministry of Finance and State Taxation Administration announced on October 12 that the value-added tax (VAT) export rebate rate for new energy vehicles will be lowered from 13% to 9% effective...

0 Comment2026-10-130

China's NEV Sales Top 53.6% of New Car Sales in First Three Quarters as Exports Double

China's new energy vehicle (NEV) production and sales both surpassed 12 million units in the first three quarters of 2026, with NEVs accounting for 53.6% of the country's total new car sales — the fir...

0 Comment2026-10-130

AI Daily: Top-Level "AI+" Design Lands as GPT-6 Smart UI and Gemini 4 Race, Chinese Models

In the week of October 10, China's "AI+" top-level design landed while frontier models raced globally. OpenAI released "dots", an all-weather agent built on GPT-6 Astra, equipped with an independent cloud computer and capable of m

0 Comment2026-10-1284

Nvidia to Invest Up to $100 Billion in OpenAI; Alibaba Opens Qwen Image Model APIs; UBTech Eyes 10,0

On October 11, Nvidia and OpenAI announced a strategic partnership in which Nvidia plans to invest up to $100 billion in OpenAI and deploy at least 10 GW of AI compute systems. The first phase of the project is expected to start in the second half of 2026

0 Comment2026-10-1242

General Artificial Intelligence Conference to Convene in Chongqing October 21-23, "Mingjing&quo

The General Artificial Intelligence Conference will be held in Chongqing from October 21 to 23 under the theme "Intelligent China, Meet the Future in Chongqing". Anchored on Chongqing's ultra-large-scale urban governance scenarios, the conf

0 Comment2026-10-125