Tag: HANGZHOU
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The Flourishing Private Sector: China’s Path Toward Economic Growth and Innovation
The private sector in China is rapidly evolving, with innovative companies like Unitree Robotics driving technological advancements. Upcoming policy support is expected to strengthen their role in the economy, as highlighted by President Xi Jinping. Experts underscore the importance of these firms in fostering economic growth, with governmental backing facilitating their leading role in innovation.…
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DeepSeek Mobilizes Young Talent to Compete with US AI Leaders
DeepSeek, a Chinese AI startup founded in 2023, emphasizes recruitment of youthful talent to challenge U.S. technology leaders. The launch of its DeepSeek V3 language model marks a significant milestone, aiming to compete against companies like OpenAI and Meta, despite fewer resources. With a dedicated team of 150 researchers and engineers, the firm strives for…