Tag: ZHEJIANG
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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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Chinese Companies Accelerate AI Investments for Future Competitiveness
A report indicates that 87% of surveyed Chinese companies plan to increase AI investments by 2025, driven by the technology’s potential to improve efficiency and competitiveness. The focus is on core infrastructure, with significant expectations for generative AI applications in IT, engineering, and R&D. Chinese firms are increasingly adopting AI tools as they adapt to…