China Economy
China’s sci-fi industry recorded gross revenues of 126.1 billion yuan (US$18.2 billion) in 2025, up 15.7% year-on-year, according to an annual report released at the China Science Fiction Convention on Friday. Sci-fi-related online search traffic surged 203.3% year-on-year. The sector builds on breakout hits like The Three-Body Problem amid China’s technological push.
Imeripotiwa na AI
High-end yacht owners in China warn that water-use restrictions and other structural gaps are hindering industry growth, even as billionaire Richard Liu’s recent venture seeks to make yachts affordable for the masses.
While the underperformance of Chinese equities in the last financial quarter warrants scrutiny, overall gains are likely to continue in 2026. Most Wall Street banks remain bullish on Chinese stocks, though some have turned more cautious. China's stock market saw a strong rebound in 2025, with Hong Kong emerging as Asia's top fundraising venue.
Imeripotiwa na AI
Shenzhen's local government has announced plans to embed AI across society in its latest five-year blueprint, aiming to bring the technology into every household. The initiative covers 2026 to 2030 and seeks to position the city as one of the world's most technologically advanced by 2035. Analysts view it as a vital testing ground for Beijing's national AI strategy amid intensifying US-China tech competition.
Over the past half-century, Chinese companies have steadily expanded their global reach, though the journey has been winding and often turbulent. With narrowing domestic profits and expanding production capacity, firms are widening overseas footprints in search of lucrative markets. This explainer charts the evolution of China Inc.'s global expansion.