The state-owned enterprise reform sector continued to be active, and the 11 day 10 board of China Cheng shares

Autonomous Driving Goes Abroad: Why Singapore Is the First Stop in Southeast Asia

When Chinese autonomous driving technology companies set their sights on Southeast Asia, Singapore almost invariably becomes the “first coordinate” on every roadmap. In 2025, Singapore has offered not only certainty for those planning to enter, but also a stage for those already here.

China and U.S. Agree to Pause Certain Tariffs and Export Restrictions

​On October 30, China’s Ministry of Commerce (商务部) officially released the outcomes of the China–U.S. trade consultations held in Kuala Lumpur. Building on the consensus reached during the China–U.S. presidential meeting in Busan, the two countries’ economic and trade teams achieved substantive breakthroughs on key issues such as tariffs and export controls, providing a strong boost of confidence to the global economy.

QCraft Debuts at Japan Mobility Show, Starts L4 Robobus Commercial Deployment in Japan

QCraft debuted at the 2025 Japan Mobility Show (49th Tokyo Motor Show), presenting its first mature L4 autonomous products for Japan — the Robobus and its full-stack autonomous driving solution — signaling the start of its commercial rollout in the country.

Another EqualOcean-Listed Company, AISphere, Raises RMB 100 Million in Series B+ Funding

October 17, 2025 — Beijing. AISphere (爱诗科技), the parent company of PixVerse, announced the completion of its RMB 100 million (USD 13.7 million) Series B+ round, jointly backed by Fosun RZ Capital (复星锐正资本), Cowin Capital (同创伟业), and Shunxi Fund (顺禧基金), with Lighthouse Capital (光源资本) as the exclusive financial advisor.

Chinese Wind Giant Ming Yang to Create 1,500 Jobs with Scotland Investment

October 10 — Scotland, United Kingdom. Chinese wind turbine manufacturer Ming Yang Smart Energy (明阳智能能源) announced plans to invest up to GBP 1.5 billion (USD 2 billion) in building a large-scale wind turbine manufacturing facility in Scotland, expected to create about 1,500 jobs. The project is viewed as a major milestone in deepening China–UK cooperation in renewable energy and supporting Britain’s clean energy transition and green employment goals.