Technology
Science and Technology Daily: China’s Tech Leap in Foreign Experts’ Eyes
Published
1 year agoon
By
BEIJING, March 8, 2025 /PRNewswire/ — The world’s eyes are once again on China as the annual sessions of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), collectively known as the two sessions, started from March 4.
In this issue, Science and Technology Daily speaks with foreign experts and young scientists working in China, who share their perspectives on China’s sci-tech achievements.
They also discuss China’s open and inclusive research environment, its people-centered policies and the broader implications of its technological progress for the international community.
China’s AI Rise Benefits the World
With its rapid advancements in AI, China is consistently capturing world headlines, not only for its technological progress but also for the profound impact these advancements are having on society and the world. Through the eyes of international experts and researchers, we gain a deeper understanding of China’s AI journey, showing its forward-thinking policies, commitment to improving quality of life, and growing influence on the global stage.
——AI for common good
China’s strategic focus on AI as a key driver of economic and social progress has been a paradigm shifter. The country’s policymakers have demonstrated remarkable foresight by identifying AI as a critical area for development and setting a goal to become a global leader in the field by 2030. This vision is backed by substantial investments in research, development, and implementation across various sectors.
Sergey V. Ablameyko, an academician of the National Academy of Sciences of Belarus and visiting professor at Northwestern Polytechnical University in Xi’an, said that, “China has made significant progress in the AI field, especially since 2017 when it adopted a national strategy for AI development. I have seen how China has grown in this area over the past 20 years, and it is now a leader in both practical applications and scientific research. “
However, what China has done goes far beyond this. According to Ashyana-Jasmine Kachra from the London School of Economics and Political Science, “China is not just focused on the proliferation of AI and its innovative use cases; the country has also been silently leading the pack and making its mark on the AI regulatory landscape.”
China has implemented strict laws and ethical guidelines for AI development, ensuring that technological advancements align with societal values.
In 2017, China released the Next Generation Artificial Intelligence Development Plan to encourage diverse AI methodologies, such as deep learning, knowledge-based reasoning and large-scale modeling. In May 2019, it was followed by the Beijing AI Principles, which set out clear guidelines for AI research and development, advocating respect for privacy, human dignity and human rights. This underscores China’s commitment to developing responsible AI and its philosophy of using technology for the greater good.
——Profound global influence
China’s AI advancements are not confined to within its borders; they are shaping the global landscape of technology and innovation.
Md Monjurul Karim, a young Bangladeshi researcher majoring in AI at the Shenzhen Institutes of Advanced Technology, Chinese Academy of Sciences, emphasized how China’s rapid progress in AI has influenced his career and research. He noted that China’s AI ecosystem, with its high-performance computing infrastructure and top-tier research labs, provides an ideal environment for cutting-edge research.
Breakthroughs like DeepSeek, a large-scale AI model, have inspired new ways of thinking and accelerated innovation. For Karim, AI is not just a tool but a “research companion” that fosters creativity and exploration.
China’s focus on innovation is also driving global advancements in AI and computer science. Karim pointed out that China’s investments in large-scale AI models and high-performance computing contribute to the broader research community, enabling international collaboration and knowledge-sharing.
One of the most significant contributions of China’s AI industry is its commitment to “democratizing access to AI technologies,” said Md Altab Hossin, a Bangladeshi expert at the School of Innovation and Entrepreneurship, Chengdu University, adding that DeepSeek exemplifies this ethos. By developing easy-to-use models, tools and platforms, DeepSeek has made AI accessible to users without extensive technical expertise. Its open-source model allows anyone to use it for professional or personal purposes without restrictions.
Just as Ablameyko noted, China’s progress is an opportunity for the world, and its development in science is a help, not a threat to the global community.
Inclusive Hub of Global Agricultural Transformation
In recent years, China has become a global leader in agricultural research, playing an essential role in addressing worldwide challenges such as food security, climate change and sustainable farming.
This achievement is largely due to the country’s open and inclusive approach to scientific research, where international collaboration is encouraged and deeply embedded in its culture. Through strategic partnerships and initiatives like the Belt and Road Initiative (BRI), China has created a cooperative research ecosystem that benefits local and international scholars.
——Learning, leading and bridging
Dr. Hao Yuanfeng, a scientist from the Institute of Crop Sciences, Chinese Academy of Agricultural Sciences (CAAS), has witnessed firsthand how China’s collaborations with global institutions and partners, such as the International Maize and Wheat Improvement Center (CIMMYT), have evolved over the years. As a former beneficiary of international collaborations during the early stages of his career, Hao now mentors a young generation of scientists who continue to benefit from these partnerships.
“For example, in our lab, we started working with CIMMYT in the 1980s. They shared germplasm and protocols for quality testing, which helped us develop our breeding pipeline for high-yielding and high-quality varieties,” Hao explained. “This collaboration led to the release of varieties such as Zhongmai 578, a strong gluten wheat variety currently widely grown by farmers.”
According to Hao, the calls for more international cooperation have become louder in the sci-tech community. He underscores China’s role as a bridge between international organizations and developing countries, stating that China now shares its advancements with nations across the globe, helping them adopt modern breeding and production technologies.
——A culture of openness and growth
One of the most significant aspects of China’s research environment is its inclusivity. For Youshaa Danyal, a young researcher from Pakistan, China offers a dynamic and welcoming atmosphere that fosters both academic and personal growth.
His experience reflects the environment that China cultivates for international scholars, one that promotes collaboration, creativity and excellence. He noted the inspirational work of Chinese scientists, like Li Wenxue team’s recent publication in Science magazine on the NAC gene marks a significant advancement in maize biofortification.
The open and inclusive nature of China’s research ecosystem is clear in Danyal’s daily work, as he collaborates with colleagues from around the world. “We are working together to tackle pressing agricultural challenges such as micronutrient deficiency,” he said.
Muhammad Adeel Qureshi, a senior researcher from Pakistan, speaks highly of the organization and systematic approach to China’s agricultural programs. He noted that China is a leading producer of wheat worldwide. “This high yields resulted due to the continuous efforts by the breeders and scientists across China. I’m honored to be part of the CAAS, where the breeding work is systematic and well organized,” said Qureshi, adding that the research team of his lab has developed many molecular markers for different quality traits in wheat.
For him, being part of such a well-organized environment has been both enriching and motivating. He noted that China focuses on international cooperation at both governmental and institutional levels, which is crucial for tackling global agricultural challenges. “China’s policies on collaboration are reflected at both the governmental and individual levels, with a strong focus on international cooperation, especially in the scientific community,” Qureshi said.
——Connecting continents, empowering research
The BRI has proven to be a vital platform for expanding international collaboration in agriculture. Yirga Kindie Wasihun, a senior researcher from Ethiopia doing his PhD in wheat genetics and molecular breeding in CAAS, underscores the impact of this initiative on global agricultural cooperation. “The BRI has not only provided infrastructure but also opened doors for knowledge transfer, allowing us to bring back new technologies to our home countries,” said Wasihun. Through the BRI, China is actively collaborating with partner countries, facilitating agricultural research and fostering capacity building. “China plays a leading role in uplifting the region’s economies and ensuring sustainable development,” said Wasihun.
Qureshi also recognizes the BRI’s pivotal role in boosting agricultural collaboration. “The BRI has created numerous opportunities in infrastructure, science, technology and other fields,” he said. “It has opened doors for international students and scientists, fostering collaboration and knowledge exchange.”
Steering a Greener Future
On November 14, 2024, China achieved a historic milestone as its annual production of new energy vehicles (NEVs) surpassed 10 million units, consolidating its leading role in the transition to a greener future. This achievement shows not just China’s technological progress but also its efforts to combat climate change and reduce carbon emissions.
——A benchmark for the world
Nicholas Mulei Musyoka is an associate professor in renewable energy and energy storage at the Nottingham Ningbo China Beacons of Excellence Research and Innovation Institute, which is a part of University of Nottingham Ningbo China. He described China’s NEV industry as “innovative, scalable and impactful” in a recent interview with Science and Technology Daily. Musyoka emphasized that the rapid adoption of NEVs in China is a clear indicator of the country’s leadership in the sector.
“China is setting the trend and becoming a benchmark for other countries to follow,” Musyoka said. But China’s booming NEV industry is not just about numbers. According to Italian scientist Francesco Faiola, the rapid expansion of electric vehicles (EVs) has significantly improved people’s quality of life.
“Chinese companies have made EVs more affordable and accessible, contributing to reduced air pollution and lower greenhouse gas emissions,” Faiola said. Electric buses and taxis have become the norm, leading to cleaner air and improved public health.
This sentiment was echoed by Musyoka. “China does not live in a bubble. China’s contribution to reductions in CO2 emissions benefits the entire planet,” he said.
Instead of viewing China’s advancements in the NEV industry as competition, Musyoka urged for more international collaboration. “China’s progress should be applauded, and we should learn from its technological and adoption strategies. The bigger picture is about solving the climate crisis together.”
——A holistic approach to sustainability
China’s rapid NEV adoption is not an isolated phenomenon but part of a broad, integrated strategy for sustainable development. Beyond reducing emissions, it has triggered advancements in renewable energy, AI and smart city systems, transforming urban infrastructure.
However, NEVs are just one piece of the puzzle, as Musyoka pointed out. “To fully realize their potential, we need renewable energy installations to charge these vehicles, ensuring zero emissions throughout the lifecycle.”
This holistic approach extends beyond land transportation. In sectors like maritime transport and aviation, China is exploring technologies such as power-to-methanol and sustainable aviation fuels to further cut carbon emissions.
Additionally, innovations in battery technology are enhancing the efficiency of unmanned aerial vehicles, contributing to greener logistics and transportation networks. “The integration of AI and smart systems ensures efficient monitoring and management, making cities cleaner and more sustainable,” Musyoka added.
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SOURCE Science and Technology Daily
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Technology
Kuaishou Technology to Report 2026 First Quarter Financial Results on May 27, 2026
Published
32 minutes agoon
May 6, 2026By
HONG KONG, May 6, 2026 /PRNewswire/ — Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that it will report its unaudited consolidated first quarterly results for the three months ended March 31, 2026, after the Hong Kong market closes on Wednesday, May 27, 2026.
The Company’s management will host a conference call on Wednesday, May 27, 2026, at 7:00 PM Beijing Time (7:00 AM U.S. Eastern Time) to discuss the results.
Participants are required to pre-register for the conference call at:
Chinese Line (Mandarin):
https://s1.c-conf.com/diamondpass/10054245-xi6ksd.html
English Simultaneous Interpretation Line (listen-only mode):
https://s1.c-conf.com/diamondpass/10054246-wl3yqp.html
Participants can choose between the Chinese and English simultaneous interpretation options for pre-registration above. Please note that the English simultaneous interpretation option will be in listen-only mode. Upon registration, participants will receive an email containing conference call dial-in details, event passcode, and a unique registrant ID. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.
Additionally, live, and archived webcasts of the conference call, for both Chinese and English simultaneous interpretation, will be available on the Company’s investor relations website at https://ir.kuaishou.com.
Replays of the conference call will be available until June 3, 2026 via the following dial-in details:
Dial-in Numbers
Mainland China:
400 1209 216
Hong Kong:
800 930 639
US/Canada:
1855 883 1031
Chinese conference ID:
10054245
English simultaneous interpretation conference ID:
10054246
About Kuaishou
Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou’s platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more. For more information, please visit https://ir.kuaishou.com.
For investor and media inquiries, please contact:
Kuaishou Technology
Investor Relations
Email: ir@kuaishou.com
View original content:https://www.prnewswire.com/news-releases/kuaishou-technology-to-report-2026-first-quarter-financial-results-on-may-27-2026-302763955.html
SOURCE Kuaishou Technology
Technology
Mox Breaks Even in Q1 2026 amid Strengthening Profitability Outlook, Launches Mox+ Wealth Solutions and Mox Invest Upgrades
Published
2 hours agoon
May 6, 2026By
Bringing Wealth Within Reach of all in Hong Kong
HONG KONG, May 6, 2026 /PRNewswire/ — Mox Bank Limited (“Mox” or “the Bank”), on the back of delivering a financial breakeven quarter for Q1 2026, today announced the launch of Mox+. This wealth solution is engineered for Hong Kong’s young professionals and emerging affluent and will be a driver of sustainable profitability for the Bank. Mox+ combines wealth capabilities with curated lifestyle benefits, marking Mox’s evolution from everyday banking to a comprehensive wealth partnership.
The financial achievement was driven by robust momentum across all business lines and achieving a significant milestone demonstrates the success of the accessible business model which after 5 years is now used and valued by over 750,000 customers in Hong Kong.
Barbaros Uygun, CEO of Mox, said, “Achieving financial breakeven for the first quarter of 2026 on the back of a strong 2025 set of results, shows our direction of travel. We have the momentum to drive positive change, providing wealth opportunities to all in Hong Kong and do so in a profitable manner. Our client-centric business model is proving that it is the right one for sustainable profitability.
Our digital wealth management platform serves as a trusted partner for our over 750,000 customers at every stage of life, empowering them to manage their finances with confidence and unlock new possibilities. We are entering a new chapter of growth as we continue to expand our product portfolio and wealth management offerings, with the launch of Mox+ being one such initiative.”
He continued, “To support this evolution, we are evolving into an AI-native bank, doubling our operational capacity through a strategic human-bot partnership, equipping every staff member with a personalised AI assistant to deliver even greater service and efficiency.”
Mox+ members enjoy preferential fees and charges on Mox Invest and preferential pricing on foreign exchange, enhanced deposit rates (3.5% p.a. up to HKD5 million), as well as priority customer support and early access to experiences and new products. These benefits can be gained simply by maintaining an average daily balance of HKD 600,000 or above across all deposits and investments which will lead to automatic qualification for Mox+ for the following month. The programme integrates financial advantages with lifestyle benefits—including curated dining rebates, free hotel stays, Starbucks coffee vouchers, health benefits and exclusive member experiences—reflecting Mox’s belief that wealth building should be both strategic and rewarding.
Jayant Bhatia, Chief Business Officer of Mox, commented, “At Mox, we are dedicated to establishing the financial well-being of Hongkongers. Designed and tailored for Hong Kong’s young professionals and emerging affluent segment, which is underserved in Hong Kong, Mox+ offers solutions for daily savings and preferential wealth management service fees for long-term wealth creation as well as rewarding lifestyle benefits. This is strategically significant as one of our key initiatives to drive business growth and make Wealth Within Reach for Hongkongers.”
Throughout 2025, Mox has already strengthened its product portfolio with new solutions in Mox Invest. The Mox Invest platform saw trading volumes increasing to 2.4 times and assets under management (AUM) growing to 2.6 times that of last year. More than 10% of Mox customers have opened a Mox Invest account, reflecting strong demand for its wealth solutions driven by new products and services. In 2026, we will continue our momentum in launching new and innovative products and services and are already scaling up to serve the next generation of wealth builders in Hong Kong. Having already recently launched a crypto trading service, Mox Invest is set to introduce an IPO subscription service later this year.
The Bank has clear reasons for continuing to develop wealth management products. The “Wealth Behaviours: Insights into how individuals are saving and investing” survey conducted by Mox in collaboration with Ipsos revealed that Hongkongers continue to take a conservative approach to investing, with 63% of their liquid assets kept in cash and deposits – a trend that contributes to “cash drag” and limits potential wealth growth. More than two-thirds of respondents indicated they require an average of 5.6 months to save up to their desired investment threshold and typically delay investing their savings by a further 2.75 months on average, resulting in missed opportunities for long-term wealth accumulation[1]. This survey will continue as an ongoing research initiative to deepen our understanding of Hongkonger’s wealth management behaviours and enable the Bank to develop tailored solutions that puts wealth within reach.
After Mox was amongst the first wave of banks in Asia to offer a crypto trading service, Mox Invest now further offers One Click Investments (a simplified process for buying equities based on themes such as AI, technology, amongst others), Trading Signals, and gives customers access to professional fund strategies including Signature CIO funds developed in partnership between Standard Chartered Bank CIO office and Amundi. The Signature CIO funds offer four different type of funds based on individuals’ risk appetite which could be Conservative, Income, Balanced or Growth. Customers also have options amongst a wide range of funds offered by other world-class fund houses.
A Track Record of Rapid Scale and Adoption in the Last 5 Years
Since its launch in September 2020, Mox has brought to the market more than 15 market-first products or services and achieved significant scale with over 750,000 customers, reflecting the trust and growing preference of Hong Kong consumers for a seamless digital banking experience. To date, Mox customers have driven a cumulative spend of HKD70 billion, supported by a robust volume of 176 million card transactions and approximately 2 billion Asia Miles earned through Mox Card and other banking services. Its commitment to delivering tangible value to customers is further evidenced by the HKD2 billion distributed in cash rewards.
Beyond daily spending, Mox has become central to its customers’ financial lives, facilitating approximately 50 million outward FPS transfers and more than 5 million bill payments. As a preferred companion for travelers, the Mox Card has been used over 31 million times in overseas transactions, contributing to a total of 250 million app engagements as we continue to redefine digital banking for the Hong Kong community.
To learn more about Mox, please visit: mox.com.
About Mox Bank Limited (“Mox”)
Mox is a pioneering digital bank licensed in Hong Kong, and a registered institution (CE number: BNO808) powered by Standard Chartered in partnership with PCCW, HKT and Trip.com. Launched in September 2020, Mox is reimagining banking, unlock more of life’s possibilities, and setting global benchmarks for digital banking from Hong Kong.
Mox is well on track to be the number one digital bank for cards, lending and wealth. In 2026, it was awarded as Best Pure-Play Digital Bank for CX in Hong Kong and Outstanding Digital CX in Banking App/ Platform by The Digital Banker Digital CX Awards. It was also recognised as NeoBank of the Year, Retail Banking, Hong Kong and Best Retail Banking Experience, Hong Kong by The Asset Triple A Digital Finance Awards. In 2025, Mox is ranked as the number one digital bank in Hong Kong in Neobank Ranking 2025 by The Banker, a publication by Financial Times. It was also awarded the Best Digital Bank in Hong Kong by The Asian Banker for three consecutive years, and the Digital Bank of the Year in Hong Kong by Asian Banking & Finance for two years in a row. It was also recognised as one of Asia’s Top 5 mobile banking app and the number one Hong Kong digital banking app in Sia Partners’ 2025 International Mobile Banking Benchmark. Mox Credit Card held its position as the seventh-largest credit card portfolio among all retail banks in Hong Kong[2]. Through a scalable platform, lower cost-to-serve, top-notch customer experience and the unique promise of safe, simple, smart, and fun banking, Mox has found immense affinity among Hong Kong customers: Mox app is the top-rated Hong Kong digital banking app in Apple App Store in Hong Kong[3], scoring 4.8 out of 5. Mox’s influence extends beyond Hong Kong, as shown by the company’s technology and know-how being transferred to Trust Bank in Singapore.
Join us in shaping the future of banking.
Follow Mox on mox.com, Facebook, Instagram, Threads, LinkedIn and YouTube for our latest updates.
[1] The “Wealth Behaviours: Insights into how individuals are saving and investing” study was conducted in collaboration with Ipsos and it surveyed 2,500 working adults with a monthly household income above HKD15,000 in Hong Kong between August 2025 and April 2026.
[2] According to TransUnion’s Market Insights and Intelligence Dashboard (MIID) for the period from January to December 2025.
[3] As of the period from 28 January 2025 to 5 May 2026.
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SOURCE Mox Bank Limited
Technology
UK Students Recognised in National AI Investment Challenge
Published
2 hours agoon
May 6, 2026By
University teams apply AI to real-world investment problems, with Lancaster University team taking the top prize.
LONDON, May 6, 2026 /PRNewswire/ — CFA Institute, the global association of investment professionals, has announced the winner of its inaugural AI Investment Challenge, with the top prize awarded to a student team from Lancaster University.
Some 28 teams from 15 universities took part in the competition.
Delivered by CFA Institute and CFA Society UK, the competition brought together students from universities across the United Kingdom to tackle real investment challenges using artificial intelligence. The focus was on practical application, responsible use, and real-world relevance.
Finalists came from Durham University, Heriot-Watt University, Lancaster University, University of Exeter, and University of Manchester.
Teams presented AI-powered solutions to a range of industry challenges, from assessing how carbon pricing affects portfolio values to analysing large volumes of company disclosures and extracting insights from company earnings calls. The winning team from Lancaster University impressed judges with its design of a Disclosure Degradation Detection System – an early-alert tool for analysts that monitors upstream exposure to disclosure risk by analysing company and supplier filings for increasingly vague, complex, or weakening language.
Peter Watkins, Head of University Relations, CFA Institute, said:
“It’s encouraging to see how quickly students can apply technical skills to real investment problems. The strongest teams combined solid analysis with a clear understanding of how AI can be used responsibly in practice. This reflects where the investment industry is heading, with professionals expected to use new technologies effectively while continuing to apply sound human judgement.”
Nick Bartlett, CFA, ASIP, Chief Executive, CFA Society UK, adds:
“It’s been great to see students from across the UK take part. Opportunities like this help people build practical skills, make connections in the industry, and gain confidence in applying what they’ve learned. Bridging that gap between education and industry is increasingly important, as the skills needed for a career in the investment profession continue to evolve.”
The winning team members from Lancaster University are Connor O’Keeffe, Ebro Dossajee, and Bradley McCann.
Connor O’Keeffe, speaking on behalf of the winning team, said:
“The CFA Institute AI Investment Challenge gave us the chance to work on a real investment problem and engage directly with industry professionals. Presenting our work and receiving feedback has been invaluable, and we’re proud to bring first place back to Lancaster. It’s been a great experience for the whole team.”
Steve Young, Professor of Accounting at Lancaster University Management School, commented:
“The AI Investment Challenge is a fabulous initiative from CFA Institute that helps students formulate and execute artificial intelligence solutions to assist investment analysis professionals, and we are thrilled that Brad, Connor, and Ebro have been able to make such a positive contribution to the competition. Congratulations to all teams involved and thank you to CFA Institute and CFA Society UK for organising such an inspiring event.”
The competition was judged on practical relevance, quality of analysis, innovation in the use of AI, responsible use of technology, and clarity of presentation. The final was judged by a panel of six investment industry professionals based in the UK.
University representatives and students can opt-in to be the first to hear about future AI Investment Challenge events via Information Waitlist.
Notes to Editors
The AI Investment Challenge was held on Thursday 30 April 2026 in London.
First, second, and third-place teams received prizes of £2,000, £1,200, and £800, respectively. In addition, all finalist team members received a CFA Program Access Scholarship and the opportunity to showcase their work on CFA Institute platforms.
More information about the AI Investment Challenge is available here: CFA Institute AI Investment Challenge.
About CFA Institute
As the global association of investment professionals, CFA Institute sets the standard for professional excellence and credentials. We champion ethical behavior in investment markets and serve as the leading source of learning and research for the investment industry. We believe in fostering an environment where investors’ interests come first, markets function at their best, and economies grow. With more than 200,000 charterholders worldwide across 160 markets, CFA Institute has 8 offices and 157 local societies. Find us at www.cfainstitute.org or follow us on LinkedIn, and subscribe on YouTube.
View original content:https://www.prnewswire.co.uk/news-releases/uk-students-recognised-in-national-ai-investment-challenge-302762959.html
Kuaishou Technology to Report 2026 First Quarter Financial Results on May 27, 2026
Mox Breaks Even in Q1 2026 amid Strengthening Profitability Outlook, Launches Mox+ Wealth Solutions and Mox Invest Upgrades
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