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Zhipu, also known as Z.ai, has launched its open-source GLM-5.1 model with up to eight hours of sustained task execution and raised prices by 10%, say…

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Zhipu, also known as Z.ai, has launched its open-source GLM-5.1 model with up to eight hours of sustained task execution and raised prices by 10%, saying it surpassed Claude Opus 4.6 on the SWE-Bench Pro benchmark.

<a href="/company/byd">BYD</a> has entered a global partnership with Paris Saint-Germain (PSG) that runs through June 2029. The automaker and its premium brand Denza will support the club’s daily operations, while both parties plan global marketing campaigns and fan engagement initiatives over the next three seasons.

Chinese automakers Chery and MG entered the UK’s top ten bestselling vehicle list for H1 2026, with the Jaecoo 7 and MG HS ranking third and seventh, respectively. The brands gained share from Japanese competitors through competitive pricing, plug-in hybrid options, and extended warranty policies in the compact SUV segment.

Oppo is winding down new OnePlus product launches in the US and Europe as part of a global restructuring to address rising supply chain costs. The company will transition future OnePlus and Realme devices to ColorOS, while Realme will exit China to focus on overseas markets including Northern Europe.

<a href="/company/catl">CATL</a> has signed an agreement with Dutch energy firm Alfen to deploy 5 GWh of sodium-ion energy storage systems across Europe. The partnership expands the companies’ existing battery supply relationship and supports Europe’s transition to diversified energy storage technologies.

<a href="/company/alibaba">Alibaba's</a> ATH division reportedly plans to release an <a href="/industry/ai">AI</a> music creation platform called HappyShrimp. The tool will support text-to-music generation, lyric creation, reference audio generation, and audio style transfer. Targeted at creators and producers, the platform is expected to launch as an app for international markets, though Alibaba has not opened public access.

Moonshot AI launched its Kimi K3 model on July 16, featuring 2.8 trillion parameters and a one-million-token context window. The model is designed for long-range programming and knowledge work, and scored 1,679 points on Frontend Code Arena. Pricing starts at RMB 2 per million tokens for cached inputs.

<a href="/company/xpeng">Xpeng</a> recorded 46,859 firm orders for the Mona L03 within one hour of launch on July 16. The vehicle starts at RMB 123,800 and is available in pure electric and extended-range versions. The extended-range model is scheduled for delivery in late August.

<a href="/company/baidu">Baidu's</a> autonomous ride-hailing platform Apollo Go signed a partnership with Turlov Private Holding to launch services in Kazakhstan. The deal is positioned as the first entry of Chinese <a href="/industry/autonomous-vehicles">autonomous vehicles</a> into the Central Asian market.

Moore Threads expects H1 2026 revenue of RMB 1.65–1.75 billion, up 135.12–149.37% YoY. The company attributed the growth to strong AI demand and mass production of its flagship MTT S5000 GPU.

Baidu Cloud holds the largest share of China’s financial generative <a href="/industry/ai">AI</a> market at 16.6%, according to an IDC report. The sector grew 90.4% YoY in 2025 to RMB 1.74 billion. Baidu secured the top position through its technical infrastructure and financial industry use cases.

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New markets in Latin America and Southeast Asia drive their growth plans.

China automakers shift gears to exports as domestic demand weakens

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The capabilities it develops for one product can often be adapted across categories.

Dreame’s technology strategy could compound its advantage in physical AI

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Anta, a Chinese sportswear brand, specializes in performance-driven design, equipping athletes and consumers with innovative sports apparel and footwear.

How do stores adapt to digital shifts? Explore e-commerce integration, inventory analytics, and omnichannel strategies for modern shoppers.

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The group is scaling back unproven store formats after its flagship brand missed growth targets.

Anta brand CEO Xu Yang steps down as retail expansion slows

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Zhipu launches GLM-5.1 open model

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China automakers shift gears to exports as domestic demand weakens

Dreame’s technology strategy could compound its advantage in physical AI

Anta brand CEO Xu Yang steps down as retail expansion slows