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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.

36氪
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China's IC Output Reaches 279.8 Billion Units in H1 2026, Averaging Over 1.5 Billion Chips Per Day

Data released by the State Council Information Office shows that China's total integrated circuit output by enterprises above designated size reached 279.8 billion units in the first half of 2026, a year-on-year increase of 23.1%, with an average of over 1.5 billion chips produced daily, leading the world in production capacity.

今日头条
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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.

今日头条
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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.

今日头条
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Yuanxin Kewei Breaks Ground on 5-Billion-Yuan Semiconductor Key Materials Production Base

Yuanxin Kewei's high-end display and semiconductor key materials R&D and production base has broken ground at Wangcheng Economic Development Zone. The project involves a total investment of 5 billion yuan, focusing on upstream core materials for semiconductors and new displays, filling a critical gap in Changsha's new materials industrial chain.

今日头条
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TSMC Q2 Net Profit Hits 706.56 Billion TWD, Surging 77.4% Year-on-Year

TSMC reported Q2 2026 net profit of 706.56 billion TWD, a 77.4% year-on-year surge, marking five consecutive quarters of record highs. Strong AI demand prompted the company to raise full-year revenue growth guidance to over 40% and increase capex to $60-64 billion.

界面新闻 \
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National First: Suzhou's New Rules Let Delivery Riders 'Afford to Wait' at Red Lights

Suzhou becomes the first city in China to include delivery riders' red light waiting time in delivery timing systems. The pilot launches in August in Gusu District and SIP, with mandatory rest periods and point-based reward mechanisms.

央广网 \
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Rental Demand Rises in Shenzhen and Other Tier-1 Cities, Rent-to-Price Ratio Continues Climbing

Rental demand continues to rise in Shenzhen and other first-tier cities, with the rent-to-price ratio steadily climbing. The leasing market is becoming more active as housing rental transitions from a temporary choice to a long-term living arrangement.

证券时报 \
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DeepSeek Valued at Over 350 Billion Yuan

DeepSeek's latest valuation was revealed at approximately 351 billion yuan following its first external funding round. The company has initiated IPO preparations, targeting an A-share listing application by late 2026. Founder Liang Wenfeng's net worth stands at approximately $36 billion.

上证报 \
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Ministry of Commerce and GAD Implement Temporary Export Ban on Helium

China's Ministry of Commerce and General Administration of Customs imposed a temporary export ban on helium. With approximately 85% of China's helium reliant on imports, the measure aims to secure domestic supply for critical sectors including semiconductors and healthcare.

21世纪经济报道 \
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China's Foreign Trade Fires Three Arrows, with Rising 'Innovation Content'

China's foreign trade reached a record 25.47 trillion yuan in the first half of 2026, with exports showing increased innovation and green content. AI-related products became a core growth driver, and market diversification strategy yielded significant results.

中国新闻网 \
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Multiple Records Set! National Railways Carry 2.348 Billion Passenger Trips in H1

In H1 2026, China's national railways carried 2.348 billion passenger trips, up 5% year-on-year, with multiple indicators hitting all-time highs. Tourist trains increased 84.8% year-on-year to 1,797 services.

中国经济新闻网 \
Logistics
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H1 Financial Data Released: Credit 'Slows with Quality Improvement,' Bond and Equity Financing Share Rises

The PBOC released H1 2026 financial data showing aggregate financing of 20.84 trillion yuan and M2 growth of 8%. Corporate bond and equity financing combined accounted for 11.3% of total financing, as credit 'slowing with quality improvement' becomes the new normal.

第一财经 \
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China's Domestic Storage 'Giant' Debuts: CXMT Technology Opens Subscription, May Raise Over 66.6 Billion Yuan

Leading domestic DRAM maker CXMT Technology officially opened its STAR Market subscription on July 16, potentially raising over 66.6 billion yuan in what could become the largest IPO in STAR Market history. The company forecast H1 net profit exceeding 50 billion yuan.

国际金融报 \
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800 Billion Yuan 'Dual Priorities' Funding Fully Disbursed, Policy Effects Accelerating

800 billion yuan in 'dual priorities' construction funding has been fully allocated. Of 1.3 trillion yuan in ultra-long special treasury bonds, 800 billion targets major national strategies and security capacity building. Projects were streamlined to 1,417, with disbursement pace notably faster than previous years.

中国经营报 \