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Amazon is building out an Alexa ecosystem in China

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A recent KPMG survey on global technology innovation has identified Shanghai as one of the world’s leading technology innovation hubs in the next few years. (link)

November venture capital in China reached $2B (link)

Honda is establishing a 5-year joint R&D project with China-based SenseTime, an artificial intelligent company focused on object and image recognition. SenseTime is one of the unicorns in China and has raised more…

The Chinese news app with 600 million users — TouTiao

Fintech

Chinese tech firms challenge Western counterparts with innovation

Chinese government wants to see more Alibaba’s and more Jack Ma’s

Eight Roads Ventures, one of the investment arms of Fidelity, has launched a dedicated fund to invest in healthcare, life sciences, and medical devices companies in China. (link)

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Xiaomi, one of the two dominant mobile device companies in China, plans to open more than 2000 stores globally…

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Last week we highlighted the rise of FinTech in China. If you read one thing about tech in China, read about its effort in artificial intelligence. China is aggressively investing in research &…