Enflame

Politburo Meeting Sets Tone for "15th Five-Year Plan" Start, Addressing "Involuted" Competition and Implementing "AI Plus" Initiative

On April 28, the Political Bureau of the CPC Central Committee (中共中央政治局) held a meeting to analyze the current economic situation. The meeting noted that China's economy saw a strong start in the first quarter (GDP grew 5.0% year-on-year), with major indicators exceeding expectations. As the first Politburo meeting focused on economic work following the start of the "15th Five-Year Plan" (十五五) cycle, it released policy signals characterized by a high sense of urgency.

China Prohibits Foreign Acquisition of Manus Project, Marking Strictest Ruling Since Implementation of Security Review Measures

On April 27, the Office of the Working Mechanism for Security Review of Foreign Investment, under the National Development and Reform Commission (NDRC), officially issued an announcement. In accordance with laws and regulations, the office reached a decision to prohibit foreign investment in the Manus project and explicitly required the involved parties to rescind the acquisition transaction.

DeepSeek Reportedly Initiates $20 Billion Valuation Funding Round; Alibaba and Tencent May Invest $1.8 Billion to "Ensure Stability"

On April 24, multiple media outlets confirmed that the Chinese large-scale model company DeepSeek (深度求索) has officially launched its first external equity funding round. Currently, Alibaba (阿里巴巴) and Tencent (腾讯) are in talks for a joint investment in DeepSeek, with the total investment expected to reach $1.8 billion, targeting a post-money valuation of $20 billion.

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.

Chinese technology enterprise Tencent QClaw officially launches overseas beta, featuring "zero-threshold" AI agent collaboration

On April 21, QClaw, an AI agent product developed by the Tencent PC Manager team, officially entered its international beta phase. For its overseas expansion, QClaw continues its "minimalist" strategy, emphasizing zero-threshold, deployment-free, and instant usability. Built on the open-source OpenClaw framework, the product is primarily designed for non-technical users and supports local operation on Windows and macOS devices.

Chinese tech giant ByteDance (字节跳动) Reportedly Sees Overseas Revenue Share Surpass 30% for First Time in 2025; Net Profit Plummets 70% Due to Massive AI Investment

On April 20, it was reported that ByteDance's (字节跳动) overseas revenue recorded strong growth of nearly 50% in 2025, significantly outperforming the approximately 20% growth seen in its domestic revenue. This shift has pushed the share of overseas revenue from 25% in 2024 to over 30%, a historic high for the company.

Chinese AI star DeepSeek eyes $10 billion valuation in first external funding round to set option pricing and retain core talent

On April 17, The Information reported that DeepSeek (深度求索), the leading Chinese AI unicorn, is in talks with investors for its inaugural external equity funding round. DeepSeek reportedly plans to raise at least $300 million at a valuation of no less than $10 billion.

AI for Next | EqualOcean 2026 GoGlobal Forum of 100 (GGF2026) to Be Held in Shanghai on June 11

The landscape of Globalization has evolved.

Vietnam’s Law on Artificial Intelligence Comes into Force: New Dividends and Deep-Water Zones for Chinese AI Enterprises Going Global (1)

Amid a profound restructuring of the global technological landscape and the deep shift of supply chains toward Southeast Asia, Vietnam is rapidly evolving from a “factory” that merely undertakes labor-intensive industries into a battleground for the digital economy and cutting-edge artificial intelligence technologies.

Vietnam’s Law on Artificial Intelligence Comes into Force: New Dividends and Deep-Water Zones for Chinese AI Enterprises Going Global (2)

Following Part I’s analysis of Vietnam’s AI regulation and market landscape, this section focuses on the strategic choices facing Chinese AI enterprises.

Light Wheel Intelligence Raises RMB 1B to Build Physical AI Infrastructure

A Three-Layer Embodied Data and Simulation Engine for Scalable Deployment

RoboScience Raises Several Hundred Million RMB in Pre-A Round to Advance VLOA Model

“The Scaling Law is a prerequisite for embodied intelligence to achieve true large-scale commercial deployment, and it is also key to breaking through the industry’s development bottlenecks,” said Kun Xu, Business Partner of the Investment Banking Division at China Renaissance.

China’s E-bike Brands Going Global: A Review of 26 Leading Players

With the global e-bike market continuing to expand, Chinese e-bike companies are gradually shifting from being a manufacturing powerhouse to becoming a meaningful force in global competition. This article reviews a group of Chinese e-bike players and examines their overseas positioning and market entry paths—looking at how Chinese brands are securing a foothold in the next wave of globalization.

EqualOcean Weekly Hotspots Series (8/17-8/22)

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.

Meituan's Food Delivery Brand Keeta Launches in Qatar, Plans to Enter Brazil in Months

On August 19 (local time in Qatar), Keeta, the international food delivery brand under Chinese tech and retail giant Meituan, officially launched in Doha, the capital of Qatar. This marks another layout of Keeta in the Middle East market following its entry into Saudi Arabia.

EqualOcean Weekly Hotspots Series (8/10-8/15)

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.

The Rise of a Chinese "AI Production Studio"

"Short Drama + AI + Globalization" – When these three rapidly growing fields intersect, they collide to create a new track full of imagination and limitless potential.

Synthetic Biology: Who Will Emerge as the Winner?

The 21st century is the century of biology. Synthetic biology is believed to be a ‘World Changing’ industry. But the potential risks like cost control and commercialization pathways are fatefully tied to the ups and downs of countless investment decisions and the destiny of the many new start-ups getting involved. We look forward to seeing an emerging ‘giant’ on the horizon of this exciting industry.

Bloomage: Injecting Biotechnology into Beauty Care

Listed on the Chinese Star Market in November 2019, Bloomage was trading at CNY 138.01 as of June 24, 2020, over 38% higher than the IPO price of CNY 100.