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Hangzhou-based tech start-up DeepSeek unnerves US with low-costs AI model on par with OpenAI's o1
Hangzhou-based tech start-up DeepSeek is shaking the US' AI sector with its open-source approach and low-cost models.
January 26, 2025
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Wahaha pays out 2.4 billion yuan to frontline workers
In 2024, beverage producer Wahaha Group paid 2.4 billion yuan in salaries to its frontline workers, a 20 percent year-on-year increase, according to a report by The Paper on Jan 23.
January 26, 2025
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Geely launches EV model Geely EX5 in Indonesia
China's automotive company Geely Auto introduced the Geely EX5 as its first model for the Indonesian market.
January 24, 2025
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DeepSeek founder Liang Wenfeng joins premier's roundtable
Liang Wenfeng, founder of Hangzhou-based AI company DeepSeek, a rising star in the artificial intelligence, or AI sector, shared his ideas recently.
January 22, 2025
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Hangzhou's 'Six Tigers' lead way in global tech innovation
Hangzhou – capital of East China's Zhejiang province – is widely known for being a city of innovation, having captured global attention with its emerging tech pioneers, collectively dubbed the "Six Tigers of Hangzhou".
January 14, 2025
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Private enterprises promote rural revitalization in Zhejiang
East China's Zhejiang province has been enhancing rural vitalization and common prosperity in its unique way, with many private enterprises joining in the process with the support of the local government.
January 9, 2025
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Chinese AI tech charts course beyond ChatGPT
Chinese startup DeepSeek has made a significant mark in the generative AI landscape with the groundbreaking release of its latest large-scale language model.
January 2, 2025
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Hangzhou-based logistics giant showcases China's e-commerce progress
Inside a warehouse of Cainiao, China's e-commerce heavyweight Alibaba's logistics arm, in Hangzhou, east China's Zhejiang Province.
December 31, 2024
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