Weekly Investment Overview
Global First 8-Hour Storage
First AI Unicorn Listing
First Affordable Humanoid
First Automated Gene Tech
Record-Breaking AR Glasses
The Chinese investment market demonstrated an active and diverse landscape this week, particularly in hard technology, artificial intelligence, biopharmaceuticals, new energy, and robotics. Flagship investment events showcased China's crucial role in global technological innovation and industrial upgrading, with several "first" and "largest" milestones achieved across multiple sectors.
Investment Highlights
This week's investment landscape in China remained highly active, especially in frontier technology sectors. Hard tech and AI investments showed strong momentum with Bennett Optical Technology securing tens of millions in A++ funding, Nanjing Encos Intelligent Technology completing nearly ¥200 million financing, and Weilan Deep Sea completing a million-yuan angel round. The robotics sector saw significant capital injection with D-Robotics completing a Series B worth hundreds of millions of dollars.
The biopharmaceutical sector demonstrated robust innovation capacity with multiple funding rounds completed by KYinno Biotechnology, Junjin Gene, Bohui Biotechnology, Syneron Bio, and others. Fosun Pharma's collaboration with Pfizer highlighted the international value of China's innovative drug development pipeline.
New energy and low-altitude economy emerged as new investment hotspots. Hithium released several innovative energy storage technologies, while Kaibo New Energy Fund expanded to ¥2 billion. Shenzhen's ¥100 billion industrial fund cluster covering the low-altitude economy industrial chain represents a strategic commitment to emerging sectors.
Key Deals
| Company | Sector | Amount | Deal Type |
|---|---|---|---|
| Junjin Gene | Biotech | ¥~100M | Series A |
| Nanjing Encos | Robotics | ¥~200M | New Round |
| KYinno Biotechnology | Biopharmaceutical | ¥250M | Series B |
| Seyond | Hard Tech | IPO | De-SPAC Listing |
China Market & Policy Weekly Update
High-Tech Manufacturing Growth
Economic Growth Forecast
Industrial Value-Added Growth
This week, the Chinese economy demonstrated resilience amid multiple challenges, with macro policies continuously strengthening to expand domestic demand, optimize supply, and stabilize market expectations. High-tech manufacturing production and investment growth rates led other sectors at 8.4% year-on-year, significantly driving economic growth and demonstrating breakthroughs in technological frontiers and advancement in green low-carbon development.
Policy Analysis
The Central Economic Work Conference set the tone for China's 2026 economic priorities, emphasizing "stability with progress, quality improvement, and efficiency enhancement." The conference called for stronger counter-cyclical and cross-cyclical adjustments. Fiscal policy will become more proactive through measures such as issuing ultra-long-term special national bonds to support consumer goods trade-ins, increasing central budget investment, and optimizing the management of local government special bond purposes to stabilize investment and stimulate consumption.
The manufacturing sector is encouraged to transition toward high-quality manufacturing, supported by innovation and industrial resilience, particularly in the deep integration of artificial intelligence with manufacturing and improved industrial chain self-sufficiency. The implementation of supporting regulations for the Private Economy Promotion Law, effective since May 20, 2025, has gained significant momentum, with the Supreme Court issuing 25 measures and the National Development and Reform Commission launching over 140 supporting systems, providing solid legal protection for private economic development.
Tech Market Overview
The Chinese technology market displayed vibrant activity this week across innovation, product development, market dynamics, and policy changes. Artificial intelligence remained a focal point, with Ant Group, Alibaba's Tongyi, SenseTime, and other companies making significant progress in AI technology open-sourcing, model upgrades, and application implementation.
HarmonyOS Devices
AR Glasses Sales
AI Query Accuracy
Tech Frontiers
The AI sector demonstrated significant progress this week, with Ant Group's Agentar SQL technology enabling non-technical users to perform business data queries using everyday language with over 92% accuracy. Alibaba Tongyi's voice model upgrades now allow users to switch between 9 languages and 18 dialects with minimal audio samples, while SenseTime launched Seko2.0 to help creators efficiently produce short dramas with over 200,000 users.
In the hardware and devices segment, Huawei's HarmonyOS installed base surpassed 30 million units, with daily additions of 100,000 devices showing strong market adoption. The unmanned aerial vehicle (UAV) sector saw significant advancements with the successful maiden flights of the Rainbow-7 and "Jiutian" UAVs, featuring stealth capabilities, extended operational range, and enhanced payload capacity.
The robotics market witnessed a breakthrough with Songyan Power's Bumi humanoid robot, the world's first high-performance humanoid priced below ¥10,000. This price point, coupled with securing a 1,000-unit order, signals a potential inflection point in consumer robotics adoption. Meanwhile, Rokid's AR glasses success on Kickstarter, with 40,000 units sold in five days, indicates growing consumer interest in wearable AR technology.
Trending Tech Keywords
Selected News
Ant Group Open Sources Data Intelligence Agent Technology
Ant Group announced the open-sourcing of its data intelligence agent key technology Agentar SQL at the Second CCF China Data Conference, along with publishing full papers, code, and usage guides. The technology enables non-professionals to query business data using everyday language, achieving over 92% query accuracy and ranking first in the global authoritative NL2SQL benchmark BIRD-SQL.
Alibaba Tongyi Announces Major Voice Model Upgrades
Alibaba Tongyi announced significant upgrades to its "Bailing" voice model, introducing two new models that allow users to switch voices seamlessly between 9 languages and 18 dialects with just 3 seconds of recording. The Fun-CosyVoice3 model reduces first-package delay by 50% and supports bi-directional streaming synthesis, while Fun-ASR achieves 93% recognition accuracy in noisy environments and supports 31 languages. Both models have been open-sourced.
Rokid AR Glasses Sets Chinese Crowdfunding Record
Rokid sold 40,000 Rokid Glasses units in five days, with Kickstarter crowdfunding reaching $4.01 million, setting a new record for Chinese AR glasses crowdfunding. IDC predicts that China's smart glasses shipments will surge by 107% year-on-year in 2025, reaching 2.75 million units.
High-Tech Manufacturing Leading China's Economic Growth
Data from the National Bureau of Statistics shows that China's high-tech manufacturing production and investment growth rates are leading the economy, with a year-on-year increase of 8.4% in November. This significantly drives economic growth, demonstrating accelerated breakthroughs in frontier technology fields and deeper advancement of green low-carbon development.
Commerce and Finance Coordination to Boost Consumption
The Ministry of Commerce, People's Bank of China, and the Financial Regulatory Administration jointly issued a "Notice on Strengthening Commerce and Financial Coordination to Further Boost Consumption," introducing 11 policy measures. The initiative aims to deepen collaboration between commerce and finance sectors, encouraging local governments and financial institutions to work together to drive consumption growth.
New Export License Management for Steel Products
The Ministry of Commerce and General Administration of Customs jointly issued Announcement No. 79, implementing export license management for 300 customs commodity codes of certain steel products starting January 1, 2026. This measure aims to guide standardized steel product exports and promote high-quality development in the industry.
International Institutions Raise China's Economic Growth Forecast
Multiple international institutions including the World Bank and International Monetary Fund have raised their forecasts for China's economic growth. The World Bank increased its projection by 0.4 percentage points, while the IMF predicts China's economy will grow by 5% in 2025, benefiting from proactive fiscal policies, moderately accommodative monetary policies, and export market diversification.