Caixin

CX Daily: How AI Took Over China’s Micro-Drama Industry in 90 Days

Published: Jun. 2, 2026  9:00 a.m.  GMT+8
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Cover Story: How AI Took Over China’s Micro-Drama Industry in 90 Days

A year ago, the town of Hengdian was so crowded with production crews working on short dramas that actors on neighboring sets could hear each other’s lines.

FINANCE & ECONOMY

Li Yunze Removed as Head of China’s Top Financial Regulator

Li Yunze has been removed as both minister and Communist Party chief of China’s National Financial Regulatory Administration (NFRA), Caixin has learned, ending his three-year tenure.

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