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Economy

Rapid advances in AI-powered video generation are boosting profitability for both model developers and creators helping to render a whole new industry

Seen as a solution to global net zero goals, as well as an efficient and cheap way to heat and cool buildings, heat pumps are expected to be a crucial technology. But as uptake is slower than expected, the industry says more government support is needed, as well as technological breakthroughs

Government subsidies and lower operating costs are driving rapid adoption of new energy heavy-duty trucks in China, though limited range, slow charging and high up-front costs are still bumps in the road

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As China has expanded capacity to handle urban waste and divert trash from landfills, overcapacity in waste-to-energy plants has left some regions scrabbling for garbage

As new apps aim to provide transparency and convenience for China’s army of casual workers, older and less-tech savvy laborers could lose out if in-person job markets close

China is adopting virtual power plants to integrate dispersed renewable energy and stabilize the grid. But uncertain profitability, market fragmentation and the absence of a mature spot energy market challenge large-scale commercialization