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How Did an Expo Give Birth to a Global Governance Organization?
From WAIC to WAICO: 29 countries signed the agreement in Shanghai to establish the world's first intergovernmental organization in AI.
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.
Gathering 'New' Momentum to Stimulate Home Industry Development — 28th China Building Expo (Guangzhou) Concludes
The 28th China Building Expo (Guangzhou) successfully concluded with nearly 2,000 exhibiting companies and over 140,000 professional visitors from 146 countries and regions. Overseas visitors increased 33.4% year-on-year.
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.
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.
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.
"Achievements of National Aerospace Endeavours" Thematic Exhibition Makes First Stop at Hong Kong Science Park
"Achievements of National Aerospace Endeavours" Thematic Exhibition Makes First Stop at Hong Kong Science Park
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.
2026 World Artificial Intelligence Conference Opens Today with 300+ Debut Products Showcasing New AI Breakthroughs
The 2026 World Artificial Intelligence Conference opened in Shanghai with record exhibition space exceeding 100,000 square meters, over 1,100 companies participating, and more than 300 products making their global debut. Major launches included Huawei's Atlas 950 and an AI protein design platform.
NBS Releases Preliminary GDP Results for Q2 and First Half of 2026
The National Bureau of Statistics released preliminary GDP figures for H1 2026, with GDP reaching 69.5704 trillion yuan, up 4.7% year-on-year. Comprehensive data across industries, consumption, investment, and trade was disclosed.
36th Hong Kong Book Fair opens
36th Hong Kong Book Fair opens
China's Economy Demonstrates Strong Resilience and Vitality (Official Release)
China's H1 2026 GDP reached 69.6 trillion yuan, up 4.7% year-on-year. The National Bureau of Statistics stated the Chinese economy shows strong resilience and vitality, with major indicators running within reasonable ranges and new growth drivers contributing over 40%.
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.
Academic Venue 'Meets' Industrial Frontline: Wuhan Builds Cooperation Bridge at China Materials Conference
During the China Materials Conference, Wuhan built a cooperation bridge between academic venues and industrial frontlines, promoting deep integration of industry-academia-research and technology transfer.
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.