Tech China Post 102

Source Code, one of the venture capital funds in China that has backed many of the China tech unicorns, raised more than $500 million for its newest fund. (link)

The U.S. Federal Communications Commission announced the largest auction of spectrum for U.S. telecom companies to build 5G networks. China has invested heavily in 5G as part of the national infrastructure plan. (link)

From better e-commerce experience for beauty product shoppers to 3-D nail printers to mirrors with augment reality, Chinese tech companies are looking to monetize in the fast growing beauty segment in China. (link)

MIT Technology Review sum up AI developments in China. (link)

International Life Science Innovation Park, a new life sciences R&D cluster in Shanghai, formed new collaboration relationship with foreign life sciences and pharmaceutical companies. AstraZeneca is the latest company to support the newest R&D cluster. AstraZeneca joins other foreign collaborators from Switzerland, Russia, and the UK. (link)