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CBI

China's Short-Drama Industry Faces Critical Transformation as Market Surpasses $138 Billion

Chinese short-drama production companies are navigating a pivotal industry shift as the market reached 100 billion yuan ($13.8 billion) in 2025, nearly double the country's theatrical box office revenue. The transition from paid to free-to-watch models and the rise of AI-generated content are

China's Humanoid Robot Industry Confronts Reality Check After $56 Billion Investment Surge

China's humanoid robot sector attracted more than 400 billion yuan ($56 billion) in funding during 2025, yet total industry shipments barely reached 10,000 to 20,000 units, exposing a widening gap between capital enthusiasm and commercial viability that threatens to reshape the nascent industry. The stark contrast

Midea's Eight-Year Robot Gambit: From Home Appliances to Global Top-Four Industrial Robotics Player

Midea has emerged as one of the world's four largest industrial robot manufacturers after nearly a decade of strategic investments, marking a significant shift from its traditional home appliances business to advanced manufacturing technology. The transformation reflects China's broader industrial upgrade ambitions, with the company achieving

MiniMax Unveils M2.5 AI Model, Enabling Hour-Long Agent Tasks at $1 Cost

Chinese AI startup MiniMax has launched its M2.5 model, marking a significant leap in cost efficiency for autonomous AI agents while achieving state-of-the-art performance across programming, tool integration, and productivity applications. The Shanghai-based company claims the model can run complex agentic tasks continuously for one

ChinaBiz Briefing | AI Breakthroughs, EV Market Adjustments, and Robotics Scale-Up

China's tech sector is navigating a critical transition as AI developers push toward practical applications, automakers adjust to policy shifts, and robotics companies move from prototypes to production. The convergence of technical maturity, production capacity expansion, and capital deployment signals a shift from experimental innovation to commercial viability

China's Passenger Car Sales Decline 13.9% in January Amid Policy Transition

China's passenger vehicle market recorded 1.544 million retail units in January 2026, down 13.9% year-on-year, as the expiration of a decade-old new energy vehicle (NEV) purchase tax exemption triggered a short-term market adjustment, according to Cui Dongshu, secretary-general of the China

Memory Chip Price Surge Pushes Budget Smartphones Toward Extinction

A historic surge in memory chip prices is reshaping the global smartphone market, forcing manufacturers to abandon budget-friendly handsets as artificial intelligence infrastructure demand drains supply from consumer electronics. The crisis has exposed fundamental vulnerabilities in low-end smartphone economics, where razor-thin margins leave manufacturers with little room

Voyah Auto Secures Final Regulatory Approval for Hong Kong IPO

Voyah Auto has obtained in-principle approval from the Hong Kong Stock Exchange for its initial public offering, completing all prerequisite regulatory processes for listing, the company announced February 12. The state-owned enterprise's new energy vehicle brand is set to formally debut on the exchange, having completed

Beijing Humanoid Robot Innovation Center Unveils Embodied Tiangong 3.0 to Accelerate Commercial Deployment

Beijing Humanoid Robot Innovation Center launched its next-generation general-purpose humanoid robot platform, Embodied Tiangong 3.0, on February 10, positioning it as the industry's first full-scale humanoid robot capable of full-body high-dynamic motion control with interactive physical contact. The release marks a critical

China's AI Giants Wage Spring Festival Model War as Industry Awaits Consumer Breakthrough

The playbook that made DeepSeek a household name during the 2025 Lunar New Year has now become standard operating procedure. This year, 2026, every major Chinese AI player has adopted the same blitz strategy, turning the Spring Festival into a high-stakes battleground for model supremacy—and more crucially, for