Friday, 21st, 2017 | 12:17AM Updated

Brian Wallace (C), CMO of Magic Leap, and Dong Benhong (R), CMO of Alibaba Group, lead the dialogue during the Taobao Maker Festival at Shanghai World Expo Exhibition & Convention Center.
China's Technology and Social Media Giants Pour Billions of Investments into US-Based Startups

China's tech and social media giants are pouring a surge of Chinese investments into U.S. startups in order for them to attract top talent, expand their footprint, and gain edge in innovation.

The payment confirmation page is displayed on the Didi Chuxing application in this arranged photograph taken in Shanghai, China.
Didi Chuxing Officially Opens US-Based Research Lab

Didi Chuxing, the Uber rival of China, officially opens its U.S.-based research lab in an attempt to suck up talent beyond its current catchment in China. This lab will particularly focus on talents for areas on Artificial Intelligence and self-driving vehicles.

Alibaba can expect to grow from strength to strength as the company continues to invest in digital ads that closely relate to consumer preferences.
Alibaba Accounts for One-Third of Chinese Digital Ad Spending Revenues This Year

Alibaba tops rivals Baidu and Tencent in digital ad spending in China this year, with the online retailing giant expected to rake in around $16.04 billion from its digital marketing endeavors, which is around 31.9 percent or one-third of the national figure.

China’s efforts to boost deep-sea exploration is part of the country’s drive to improve its capabilities for resource accumulation.
China’s Undersea Lab Station to Boost Country’s Deep-Sea Research Efforts

China is set to outdo itself in deep-sea exploration through its plans to build a deep-sea laboratory, in what emerges as an impressive follow-up to its current undersea submersible “Jiaolong.” The undersea lab station is planned to hold up to 12 people and last for months underwater.

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China is currently developing stealth military drones that aid in adding precision to reconnaissance, airstrikes, aerial combat, and anti-submarine operations.
China’s Drone Tech Enhancements Latest Addition to Chinese Military Capabilities

It looks like China is showing no signs of backing down as far as military enhancements are concerned, as the China Aerospace Science and Industry Corp. revealed that the world’s second-largest economy is developing military drones capable of evading anti-aircraft weapons.

Chinese smartphone maker OPPO is all set to launch selfie-centric smartphones.
OPPO F3, OPPO F3 Plus expected to be released on March 23; To sport dual selfie camera

Chinese smartphone maker OPPO is all set to launch selfie-centric smartphones, preferably the F3 and F3 Plus, which were recently spotted in promotional ads at retail stores in the Philippines.

Samsung Electronics is glad to announce its new innovative projects under the Creative Lab (C-Lab) suite.
Samsung launched Galaxy C5 Pro in China; Device comes with Snapdragon 625 SoC, 4GB RAM

Samsung has officially released another flagship under the “C” series. The latest Galaxy C5 Pro smartphone went available for pre-orders in the company’s Chinese website at 2499 yuan (Ra 24,000 approx).

Although many experts see that automation is the key to increased productivity in the 21st century, they also note that the introduction of robots might threaten social stability.
Rise of the Machines: Robots in Chinese Workplace

With the slowdown in China’s economic growth and the glacial pace of reforms, citizens are wary of the country’s future. Recent surveys indicate the the rise in the manufacturing of robots designed for the workplace are causing distress among workers, according to a report by the Asia Times.

Chinese Premier Li Keqiang (L) meets with President of the European Parliament Martin Schulz (R) as he arrives for 10th EU-China Business Summit in Brussels, Belgium.
EU Chamber of Commerce Critiques CM2025, Beijing's Plan in Creating National Champions in 10 High-Tech Manufacturing Sectors by 2025

The plans of Beijing in creating national champions in 10 high-tech manufacturing sectors by 2025 have come under fire from the EU Chamber of Commerce, as European businesses fear that Chinese producers will swamp the whole industry.

Photo shows visitors gathering at Amazon booth during the 2016 China International Electronic Commerce Expo in Yiwu.
Amazon Struggles to Make a Mark in China's E-commerce Market, Alibaba Remains Top Player

Despite Amazon having entered China more than a decade ago, it has struggled to make its mark in one of the largest online retail markets in the world.

Giants of the global automotive industry have also taken note of Chinese firms’ great potential and growing expertise in car-making.
Global Car Firms Excited About Chinese Carmakers’ Potential

Global car firms expressed their great faith in the Chinese market and the potential of Chinese carmakers as the 87th Geneva International Auto Show opened its doors to the public on March 9.

PayTM Digital Payment
Reliance Capital Sells PayTM Stake to Alibaba for Over $41 Million

Alibaba-backed digital payments firm PayTM has raised its valuation to more than $4 billion after Reliance Capital sold its 1 percent stake to Alibaba for Rs 275 crore ($41.25 million), the Hindustan Times reported.

Visitors walk past a model of a Chinese lunar lander at the China International Aviation & Aerospace Exhibition in Zhuhai, China.
China Prepares to Build Lunar Samples Facility for Its Planned Chang'e 5 Return Mission

China is preparing a facility to store lunar rock and dust samples brought back by its space missions, similar to the Johnson Space Center's lunar sample building of NASA.

Public representatives and reporters visit a construction site of Hualong One pilot nuclear project in Fuqing, southeast China's Fujian Province.
China's Hualong One Nuclear Reactor and Its Contribution to Nuclear Technology

According to a leading nuclear industry executive, China is capable of mass producing its third-generation Hualong One reactor, the latest "business card" of the country.

Image shows Lakala's core business processes.
China's Third Largest Online Payment Provider Files for IPO in Shenzhen

Lakala Payment Co. Ltd., one of the country’s earliest online payment providers, filed a prospectus for an initial public offering (IPO) on the Shenzhen stock market. Its move could make the company the first among its peers to list in China.

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