Xiaohongshu gears up for IPO

Chinese Education Goes Global: Capturing a Trillion-Dollar Market

A TikTok filter challenge called "Mandarin Fruit Voices" has gone viral. Essentially a straightforward Mandarin learning game with crude animations, minimalist gameplay, and fruit-based pronunciation exercises drawn from early childhood education materials, it has nonetheless captivated international users. For those who once struggled with English, the long-held dream of a world united by Chinese now appears increasingly within reach.

CreativeFitting Completes Multi-Million-Dollar Pre-A++ Round of Financing

Recently, Chinese AI short drama platform CreativeFitting announced the completion of a multi-million-dollar Pre-A++ round of financing, led by existing shareholder Unity Ventures. Leveraging its self-developed AI short drama creation platform, the company has gathered a group of AI short drama creators and launched Reel.AI, the world's first AI short drama app. Its current ARR has exceeded USD 10 million.

'Summer Davos 2025' Kicks Off Today in Tianjin

The 16th Annual Meeting of the New Champions (Summer Davos 2025) will be held in Tianjin, China, from June 24 to 26, organized by the World Economic Forum. According to the Ministry of Foreign Affairs on June 23, Premier Li Qiang will attend the forum from June 24 to 25. During this time, Premier Li will attend the opening ceremony, deliver a special address, and meet with foreign guests attending the forum.

Cainiao Establishes Cross-Border Logistics Network Between GCC Countries

On June 23, Cainiao made a significant advancement in its global logistics network by establishing a cross-border logistics network for parcel delivery between the GCC (Gulf Cooperation Council) countries in the Middle East, with deliveries taking as little as three days.

China Implements Visa-Free Policy for Citizens of Brazil and Four Other Countries

Starting June 1, China implements a visa-free policy for ordinary passport holders from Brazil, Argentina, Chile, Peru, and Uruguay. Under this policy, from June 1, 2025, to May 31, 2026, citizens of these five countries can enter China for business, tourism, visiting relatives and friends, cultural exchanges, or transit purposes for up to 30 days without the need for a visa.