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Xi Opens China's AI Showcase Chinese President Xi Jinping delivered the opening keynote at the 2026 World Artificial Intelligence Conference (WAIC 2026) in Shanghai on July 17, the State Council Information Office confirmed. This marks the ninth consecutive
Tech Board Holds Ground Despite Volatility China's STAR Market Composite Index — the benchmark for the Shanghai Science and Technology Innovation Board — closed at 2,305.5 points on July 8, 2026, the Shanghai Stock Exchange reported. The level
A Stable Reserve Position Hong Kong's official foreign exchange reserves remained unchanged at US$445.9 billion at the end of June 2026, the Hong Kong Monetary Authority (HKMA) reported on July 8. The total represents the world&
A Belt and Road Flagship Delivers The China-Laos Railway moved more than 20 million tonnes of cargo in the first half of 2026, the China State Railway Group reported on July 8, underscoring the infrastructure project's growing role
A New Scale of Logistics Activity China's express delivery sector handled over 100 billion parcels in the first half of 2026, the State Post Bureau confirmed on July 5 — a volume that eclipses the combined express delivery of
Crossing the 20-Trillion Threshold China's cultural and related industries generated 20.83 trillion yuan in total business revenue in 2025, the National Bureau of Statistics revealed on June 29 — the first time the sector has cleared the 20-trillion-yuan
Semiconductor Self-Sufficiency Push Gains Pace China's industrial enterprises produced 2,798 billion integrated circuit (IC) pieces in the first half of 2026, a surge of 23.1% year-on-year, the National Bureau of Statistics reported on July 15. The
Mass-Market Adoption Accelerates China's new-energy vehicle market reached a milestone in June 2026, with 744,600 NEVs sold — a year-on-year jump of 23.6% — and a new-energy penetration rate of new car sales approaching 60%, according to the
A New Milestone for Food Security China harvested a record 150 million tonnes of summer grain in 2026, the first time the milestone has been crossed, the Ministry of Agriculture and Rural Affairs confirmed on July 10. The figure represents
No Change in the Benchmark China's Loan Prime Rate (LPR) — the benchmark mortgage reference rate — held steady at 3.6% for the 1-year tenor and 4.25% for the 5-year tenor in July 2026, marking the 12th consecutive