China Newsbase
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The China News Database was last updated at 08:27AM on December 31, 2023.
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91 articles matching the search query.
This is the state of generative AI in China
Chinese tech companies are racing to create and monetize the type of artificial intelligence known as “generative AI,” which ChatGPT recently made famous.
Beijing’s new plan to promote the private sector and juice the economy
The Chinese Communist Party Central Committee and the State Council published a plan to reinvigorate private business after more than two years of crackdowns on entrepreneurs. Billionaires are vocally supporting the plan.
A guide to TikTok bans around the world
Montana has just passed a TikTok ban, following a number of American federal and state restrictions on the short-video app. This is what you need to know about the new Montana law and other restrictions on the app around the world.
Two billion eyes and a billion wallets: Short video ecommerce is thriving in China
TikTok’s potential death throes in DC were live streamed across the world last week, but China’s domestic short video platform ecosystem is in rude health, buffed up by live streaming ecommerce.
Activision Blizzard and NetEase’s feud, explained
The messy breakup has it all: disgruntled gamers, changing power dynamics, and even shade-throwing beverages.
The tech crackdown is officially over
A high ranking official has officially declared the more than two-year tech crackdown to be officially over, and it ended — as it began — with Ant Group.
Chinese video-streaming company Leshi gives staff a short work week
A struggling but famous Chinese internet company with only 400 employees has taken the lead in introducing a 4.5 work week for employees. Is it just hype, or will others in the industry follow suit?
China’s loss-making cloud companies search for a silver lining
With a saturated market in a challenging macroeconomic environment, Alibaba Cloud and its competitors are desperately seeking new ways to grow.
Benefits for rank and file staff, and salary cuts for executives at ecommerce giant JD.com
China’s second biggest ecommerce platform, JD.com, is lowering compensation for top managers and creating an enormous benefits package for regular staff in an apparent bid to align itself with government policies. But the move will only add uncertainty to the prospects for tech firms in China, and around the world.
Metaverse hype is dying down, but Nreal’s new headset may be the first real gateway to a long-promised virtual world
Has a Chinese headset maker created affordable hardware that will bring the metaverse to the masses?
Everything everywhere all at once: Chinese philanthropy is leapfrogging right to a tech-forward strategy — Takeaways for appealing to U.S. Next Gen donors
Philanthropy in China is in the middle of doing everything everywhere all at once — building a broad-based culture of charitable giving; appealing to a new generation of donors; and experimenting with the use of technology to meet these goals. These developments took decades, if not centuries, to evolve in the West.
This dizzying growth means mainstream Chinese philanthropy has developed in the era of smartphones and mobile payments almost right from its start. China’s leapfrogging into tech-forward fundraising maps onto what Millennial and Gen Z donors seek in their charitable giving, and offers interesting takeaways for global practitioners.
Lessons from philanthropy in China – New philanthropic models to lower the barrier to entry for millennial & Gen Z donors
Soliciting microdonations—those between $0.25-$10— are helping Chinese nonprofits make significant inroads into cultivating Next Gen donors. China’s 99 Giving Day fundraising platform, which has no transaction fees, allows nonprofits to set donation levels at as low a point as they wish. This has drastically lowered the barrier to entry for would-be donors: more than half of 99 Giving Day donations (53%) were donations of less than 10 yuan ($1.45). As a point of comparison, the average online donation in the U.S. is $128 — a much higher entry point.
Lessons from philanthropy in China — Using technology and gamification to meet Next Gen donors where they already are
Innovative online giving campaigns not only help nonprofits fundraise from millennial and Gen Z donors. Just as important, the use of tech and gamification encourages Next Gen donors to start building a regular habit and practice of charitable giving. Philanthropy in China serves as an example on how global nonprofits can cultivate meaningful relationships with a mission-conscious new generation of donors early.
Industrial robots have taken over China’s warehouses and factories, but China can’t yet make their components
New energy industries are leading a big demand for industrial robots in China, but the high-precision components still have to be imported.
China’s game industry is in decline after years of growth
Unfriendly regulators and restrictions on teenagers playing games have taken their toll on China’s enormous online gaming sector.
An NFT explosion is taking place in China, but how long will it last?
An NFT can be almost anything, cost any price, and be subject to few if any regulations, and everyone from Alibaba to Moutai is joining the wave.
China’s monopoly buster took on Alibaba, Tencent, and Meituan last year
The State Administration for Market Regulation this year started to exert its authority to address monopolistic behavior by internet platform companies.
‘Suffer a crushing defeat’ — phrase of the week
Tech firms are laying off thousands of employees, but they are still hiring for their international businesses. However, entering overseas markets doesn’t always work out, and can lead to some spectacular failures.
Following Tencent, mass layoffs at JD.com
JD.com is trimming 10-15% of the staff at a group-buying division, adding to the list of Big Tech firms that are slashing jobs to survive Beijing’s regulatory storm.
Tencent and other tech firms downsize, stocks recover
Tencent is rumored to lay off 10% to 20% of its employees, joining the list of companies restructuring to survive Beijing’s regulatory storm.
