1. Fuzhou to offer subsidies and cash rewards to blockchain firms, including reducing rent by as much as RMB 600,000 annually for 3 years

2. Binhai New Area 滨海新区 banks on intelligent manufacturing for growth, planning to expand its AI industrial scale to 50 billion yuan by 2020

3. Alibaba's Ant Financial and Hellobike team up on $145M e-bike battery JV

4. Huawei is reportedly working on self-driving cars, can be shipped as early as 2021

5. Chinese insurtech startup Waterdrop 水滴 secures RMB 1 billion in new funding

6. SoftBank funds back Brazilian gym operator Gympass

7. Huawei asks Verizon to pay over $1 billion for over 230 patents

8. Go-Jek acquires Indian recruitment platform developer AirCTO

BEAM introduces Weekly Tech Help 1-to-1 sessions in Malaysia.

9. Facebook says its YouTube competitor, Facebook Watch, is growing but advertisers want more details

10. Bird confirms acquisition of electric scooter and moped startup Scoot

11. Stride raises $2.5M from JetBlue, NFX for its guided trips marketplace

12. Fortnite maker Epic acquires social video app Houseparty

This article is contributed by partners Chinaccelerator & BEAM