China’s eastern tech powerhouse Zhejiang, home to giants like Alibaba and the humanoid robotics start-up Unitree, has set clear targets to develop cutting-chips and chipmaking equipment over the next five years.
The province is the latest locality to prioritise innovation under its new five-year plan. It joins other hubs, including Shenzhen and Shanghai, that have thrown their weight behind Beijing’s nationwide strategy to develop indigenous technologies amid an intensifying rivalry with the…