Despite the resemblance a user (wanttang) pointed out in the comments section that the thing is not a vocaloid but a mere sample of an animation work.
People need to chill out. First of all this is not the vocaloid, this is just some soulless crap the government made to fill in the animation festival they created because no human with a right mind would bother to associate with it.Probably a help from a chinese netizen will clear things out by translating on what the emcee have said before the performance commenced. And of course here's the fake Hatsune Miku clip.
Second of all, the real Vocaloid China project made with the association of Yamaha was already under progress. You can fined their video by you tube "Vocaloid China" or "Luo Tianyi"
and stop bothering with this piece of crap that would probably never be seen again
I've been curious on what the user have said before that the vocaloid is not indeed a vocaloid. A quick search in the archives of YouTube displayed some of it's in-progress mascots.