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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.
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.
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.
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.
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.
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.
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.
National Carbon Market at Five Years: Green Leap Behind 900 Million Tonnes of Trading
China's national carbon market marks its fifth anniversary with cumulative trading volume exceeding 900 million tonnes, demonstrating significant green transformation progress. The carbon market has become an important policy tool for driving corporate emission reductions.
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.
Peak Heat Season Arrives! Power Supply, Ice Making, and Summer Tourism All Arranged
As the hottest period of the year arrives, regions across China are taking multiple measures to ensure power supply, including optimized grid dispatching, ice production for cooling, and summer tourism arrangements to meet residential and industrial electricity needs.
Revised Trademark Law Takes Effect January 1, Targeting Industry Challenges
The revised Trademark Law of the PRC will take effect on January 1, 2027, addressing prominent issues troubling the industry including malicious trademark registration and hoarding.
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.
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.
New Consumer Opportunities: First National-Level Special Plan Released
China's first national-level consumer spending special plan was released, comprehensively deploying measures to expand consumer demand, optimize supply, and improve the consumption environment, with emphasis on digital, green, and service consumption.
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.