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2026 Shanghai Book Fair Opens with 380 Publishers and 1,420 Events
The 2026 Shanghai Book Fair has opened in Shanghai, bringing together 380 institutions and hosting 1,420 events. In synergy with the Beijiang Book Fair, this year's edition highlights a strategic shift towards experiential formats. It features dedicated International and Digital Zones and leverages immersive exhibition design to curate a vibrant literary feast, driving the high-quality development of the publishing industry.
International Forum on TCM Modernization Opens in Hong Kong, Global Experts Discuss Internationalization
The International Forum on the Modernization of Traditional Chinese Medicine and Health Products opened at the Hong Kong Convention and Exhibition Centre from August 13 to 15. Bringing together leading experts and industry representatives from around the world, the forum centers on the modernization, R&D innovation, and internationalization of Traditional Chinese Medicine. By establishing a premier platform that integrates industry, academia, research, and application, the event aims to propel TCM onto the global stage.
5th China Cross-Border E-Commerce Trade Fair Opens in Fuzhou
The 5th China Cross-Border E-Commerce Trade Fair has opened in Fuzhou, boasting an exhibition space of 60,000 square meters and drawing nearly 2,000 exhibitors. Centered on the theme of "upgrading," the fair pioneers a data-driven approach to exhibition operations. Running concurrently, the Cross-Border E-Commerce Conference will feature the release of an industry blue book. Additionally, new dedicated zones for talent matchmaking have been introduced, bringing together resources across the entire industry chain to empower domestic brands to go global.
PBOC Deploys 800 Billion Yuan for Sci-Tech Innovation; Dual Tailwinds Converge, A-Shares Poised for a Fresh Rally
The PBOC's 800-billion-yuan sci-tech innovation relending facility has been rolled out, delivering targeted support to the sci-tech innovation sector and creating a synergistic dual tailwind alongside marginal monetary easing. This initiative will drive an earnings recovery across the industrial chain, prompting the A-share technology sector to shift toward fundamental validation, and is highly likely to usher in a new market rally characterized by the repricing of technology growth.
STAR Market Deepens Reform, Institutional Inclusivity Quietly Nurtures Growth
Over its seven years of operation, the STAR Market has enhanced institutional inclusiveness through three rounds of reforms, bringing together over 600 hard-tech companies and raising over one trillion yuan in total. The board has supported the listing of multiple unprofitable enterprises, with 28 having already removed the "U" designation. The R&D investment intensity of these companies has remained close to 13% for seven consecutive years, empowering new quality productive forces.
Beijing Accelerates High-End Manufacturing Upgrades, Smart Manufacturing Drives High-Quality Industrial Development
With intelligent manufacturing as its engine, and leveraging policy empowerment and the development of full-chain ecosystems in industrial parks, Beijing is driving the transformation of high-end manufacturing sectors, such as integrated circuits and new energy vehicles, toward high-end, intelligent, and green development. The city is accelerating the creation of world-class industrial clusters, injecting robust "capital momentum" into high-quality economic development.
China Mulls Tighter Export Controls on AI Models and Chips to Prevent Core Technology Outflow
China is reviewing and refining its export control system for artificial intelligence and semiconductor technologies, with a focus on regulating core algorithms, key processes, and the technological assets of startups. This initiative aims to prevent the outflow of critical technologies, safeguard technological security, and promote the high-quality global development of the industry.
Fully Domestic 100,000-Card AI Supercluster Unveiled, Fortifying Digital Security with Homegrown Computing Infrastructure
At this year's World Artificial Intelligence Conference, Huawei's Ascend supernode and Sugon's fully domestic 100,000-card AI supercluster were unveiled. This marks the rapid formation of a domestic computing infrastructure foundation, achieving full-stack autonomy and controllability, breaking free from external dependencies, forging a robust security shield, and empowering the intelligent transformation across all industries.
Apsara Conference: Alibaba Cloud Releases AI Agent Products
At the 2026 Apsara Conference, Alibaba Cloud officially released a new series of AI Agent products, targeting enterprise intelligent agent scenarios with one-stop platform capabilities from development to deployment and operations.
NDRC and Ministry of Commerce Release the 15th Five-Year Plan for Expanding Consumption
Officials from the National Development and Reform Commission (NDRC) and the Ministry of Commerce answered press questions on the 15th Five-Year Plan for Expanding Consumption. The plan targets raising the household consumption rate, deploying 28 key tasks, and aims to reach approximately 60 trillion yuan in total retail sales of consumer goods by 2030.
State Council Executive Meeting Deploys Digital China Construction and Emerging Pillar Industry Cultivation
The State Council Executive Meeting reviewed progress on Digital China construction, calling for accelerated development of next-generation communication networks and computing power networks. The meeting also studied the cultivation of emerging pillar industries, promoting full-chain scaled development and strengthening basic research and key software and hardware breakthroughs.
China's 40-Trillion-Yuan Insurance Fund Becomes Largest Backer of Hard Tech, Investing 2.8 Billion in Semiconductor Leaders
Insurance funds in China are shifting from traditional investment paths to systematically deploying capital in hard technology sectors. China Life, PICC, and other insurers have collectively invested nearly 2.8 billion yuan in memory chip leader CXMT, becoming one of the largest financial backers of China's new quality productive forces.
PBOC Launches Trillion-Yuan Sci-Tech Innovation Re-lending Program to Precisely Support the Real Economy
The People's Bank of China (PBOC) announced it will maintain reasonably ample liquidity while simultaneously rolling out a trillion-yuan sci-tech innovation re-lending program. The policy targets five core sectors including AI computing power, semiconductor chips, and industrial robots, aiming to reduce corporate financing costs and boost industrial chain capacity.
WAIC 2026: China's Domestic Computing Power Shifts from Single-Chip Competition to Ecosystem-Driven Era
The 2026 World Artificial Intelligence Conference (WAIC) opened with the debut of Huawei Atlas 950 and other super-node systems. China's domestic AI chips have advanced from isolated breakthroughs to systematic maturity, with competition shifting from single-card performance to computing cost optimization and full-stack software ecosystems.
Memory Chip Cycle Fully Reverses as Mid-Year Reports Show Surge in Earnings
Driven by surging AI computing demand and completed inventory digestion, the memory chip sector has entered an upcycle. Companies such as Longsys and Biwin Storage reported net profit increases of tens to hundreds of times year-on-year in their mid-year reports, signaling soaring industry prosperity and a full cycle reversal.