Research firm Canalys expects that 5% of smartphones shipped globally in 2024, or 60 million smartphones will be AI-capable

Beijing has laid out wide-ranging guidelines for various departments and the central bank to help the new-energy-vehicle trade

Tension between Beijing and Washington continued to be the top concern, aside from China's regulatory inconsistencies and increasing labour costs

Provincial-level governments in China are mounted with $13 trillion of debt but also account for about two-thirds of the country's science and technology expenditure

China is pushing to become a world leader in the field of AI by 2030 but wants to keep the game-changing technology under its purview and control

The US is pushing to require its cloud firms to verify the identity of foreign entities who sign up for their services, through a "know-your-customer" program

Along with Ma, Alibaba chairman Joe Tsai also purchased about $151 million worth of Alibaba's US-traded shares

The comic, published by the country's intelligence agency, is a new effort by the authoritarian Xi Jinping-government to 'inspire people' to join anti-espionage efforts

TSMC's shares closed 6.5% higher on Friday in Taipei, cementing its position as Asia's most valuable listed company

China sees AI as an area in which it wants to rival the US, and has set its sights on becoming a world leader in the field by 2030

"We are deeply concerned by the direct involvement of the United States in interferring with the export of lithography machines by Dutch companies to China," a commerce ministry spokesperson said

Jefferies analysts predict Apple's shipment volumes to China will see double digits declines in 2024