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A technological boom is conducted

Visitors visit the main car dealership in Shanghai on April 25, 2025.

Hector Retamal | AFP | Gets the image

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A great story

The Chinese technology world is not distracted whether the US and China will talk about trade.

From new models of artificial intelligence to the world’s largest car dealership, Chinese technology companies exhibit new development of new events in thick and fast. Internet Shipping Company Jd.com and Meituan even Publicly holds the competition For users, causing the prosperity Alibaba.

At the opening of the Shanghai Motor Show on April 23, the Chinese electric car Bake announced five new models and Zeekr debuted his new hybrid 9x water. Robotaxi operator Pony.ai He demonstrated three new vehicles, which claim to reduce the cost of autonomous management by 70%, helping the US -list company to come closer to profitability.

The day earlier Huawei announced that this year its last driver’s assistant will be able to Automatically park the machineIt looks like the service of the camethinaries in the restaurant. Huawei sells software to electric vehicles.

“Intensive competition has pushed innovation in (new Chinese vehicles) … the things we thought for another ten years, now we are at hand,” said Tu -Le, founder and manager of Consulting Firm Sino Auto Insights. He pointed to examples such as high -speed charges and drivers’ assistants in mass market.

AI for video

Both generative II and supporting Chinese policy have played a role in the development of local technology.

IqiyiLast week, Beijing called “Netflix” in China in Beijing to reduce the cost and refinement costs. The company demonstrated its virtual studio set, and how generative AI can quickly convert the TV show with human actors into one, using 3D animation.

“This transformation effect was unattainable last year and even in March,” Mandarin Liu Wandng, president of the ICIA infrastructure and the intellectual business distribution business group told CNBC. “These are just the latest technologies that can achieve the best sequence and stability in (generation) of images.”

But he warned that AI still has a long way to make it to create videos showing actors, products and scenes with the same sequence as the filming. At the same time, he said that the virtual production and efficiency of AI support allow the company to respond faster to the interests of the audience.

Other Chinese companies are also trying to use AI for video. April 15 Chinese company with short video Each other Released an update to its AI video generation model, pushing hassle with media -blot about ankler about the consequences for Hollywood.

A few days after the upgrade cling, Alibaba released its Last Model Video Generation with Open sourceWhile in the Beijing startup Shengshu technology upgraded AI Video Product Vidu Q1, which claims “Rival cinematic visual effects“Alibaba on Tuesday also released its Last Model AI, QWEN 3.

“We see a significant acceleration in investment in China,” said Tim van, co-founder of the Monolith Management, based in Hong Kong, where he runs 400 million state capital funds.

“The key breakthroughs in the fundamental models close the gap with global leaders,” he said, “and we optimistically evaluate the future of AI consumer applications, regardless of modern trade headlines.”

Chinese companies also turn to e -commerce and technology tools mitigate the impact of tariffs.

Several hundred exporters are now using the Virtual Human Teach Company Baidu tool, which works on AI to sell products online through live rinses, said Xiaoli Ping, Vice President Baidu and General E-Commerce Manager. She stated that technological costs of spending by more than 80%can lead to a higher level of purchase than when employment of human live shells.

Last week Baida released what claims “more convincing ‘virtual personAnd also new AI models that are even cheaper in use than previous versions.

Supporting Policy

The excitement around the Chinese II took away in late January after Homegrown Deepseek released a free AI and Chatbot model that collected Openai Chat. Such a breakthrough that the United States has restricted China’s access to advanced semiconductors will limit the development of local II.

In particular, for startups in critical technology fields, the Chinese government has many politicians who will help them contact with local suppliers and receive funding, said Beeping Tang, General Management General at TourongBang Management Consulting.

China also made its efforts to develop and prepare talent, he said. His consulting firm emphasized the state policy to attract people from China’s borders, especially those who have a PhD in Technology and Natural Sciences.

Individual benefits include 3 million up to 5 million yuan (from $ 410,000 to $ 690) a one -time payment and 800,000 yuan rent, while the employer can also receive subsidies for most wages and 3 million yuan in research funding.

Deepseek and other Chinese technological breakthroughs this year are the cumulation and development of education, noted that Ding Wenjie, an investment strategist for world capital investments in China Asset Management Co. “We believe that there will be more home champions in China to surprise the world in the future.”

Even if this outlook is fulfilled, it does not mean that it will be a straight way, given the common economic wind. Goldman Sachs noted that the first quarter of the profit in the first quarter showed that there was no growth outside the high -tech industries.

China did not meet all its high goals “made in China 2025” According to the European Union Chamber of Commerce in China, noting that the policy also caused unhealthy overproduction in some sectors.

Intensive competition in the Chinese EV industry also meant that its development is currently, said Yichao Zhang, a partner at the Consulting Firm ALIXPARTERS. He noted that automakers will need to work more to create distinctive brands, traditionally the edge of foreign companies.

But, as China’s rapid transformation has shown to the world leader EV, Zhang expects Chinese domination in the local market – and their international ambitions are ongoing no matter what.

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Need to know

China has released a plan to encourage companies to hire later graduates. The greater Emphasis on Employment Support On April 25, after a high -level political bureaucrat, which called for targeted measures to help enterprises before trade tensions.

US President Donald Trump claims to talk to Chinese President Xi Jinping. But there is no date, and Beijing says there is no contact. Meanwhile, XI emphasized the development of AI and technology While traveling to Shanghai on Tuesday. A few days earlier, the Minister of Finance of China and the Governor of the Central Bank were in Washington, Colombia District, for the World Bank for the International Monetary Fund and spring meetings.

China is increasing its alternative energy development to reduce US addiction. The country on Monday said it approved Five nuclear energy projectsDuring the release of plans Develop hydrogen energy Studies and services this year.

In the markets

Chinese and Hong Kong actions unfolded between income and losses at a sliced ​​session on Wednesday.

Mainland Chinese CSI 300 was equal until Hong Kong Hang the Index – Includes several large Chinese companies – increased by 0.22% as of 11:20 am local time. The CSI 300 lost more than 4%, and this year the Hang Seng Index scored almost 10%.

The 10-year revenue of Chinese government bonds for the 10-year part was 1.625%.

The Chinese yuan on the shore was slightly stronger than 7,266 against a green appeal.

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Shanghai composite’s performance over the last year.

Applicable

May 1 – 5: Holiday on work in China. The mainland exchanges are closed. The Hong Kong Stock Exchange closed on May 1 and 5.

May 2: US ends treatment

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