Ministry of Finance: the national general public budget science and technology expenditure totaled 7.07 trillion yuan over the past ten years

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

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Unpacking China | Key Chinese Firms to Watch This Week （19/04/2026-25/04/2026）

Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.

DeepSeek-V4 Officially Released and Open-Sourced; Full Compatibility Achieved with Ascend 950 and A3 Supernodes

On April 24, DeepSeek, a leading force in Chinese AI, officially released and open-sourced its fourth-generation models: DeepSeek-V4-Pro and DeepSeek-V4-Flash. This series represents a significant leap in technical architecture, expanding the context window from 128K to 1M.

Chery (奇瑞) Partners with NVIDIA to Deepen "Physical AI" Strategy, Entering L4 Autonomous Driving and Robotics Tracks

On April 23, Chery Automobile officially announced a global strategic partnership with NVIDIA in Beijing. The two parties will focus on the core framework of "Physical AI" to engage in full-stack technical co-creation across three major fields: assisted driving, cockpit AI, and embodied intelligent robotics.