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Real-time News
On June 18th, it was reported that the revised "Regulations on the Management of Intelligent Connected Vehicles in the Shenzhen Special Economic Zone" will take effect on July 1st, sparking widespread discussion on social media platforms. Some online posts interpreted the phrase "orderly exploration of open road testing and demonstration applications throughout the city" in the revision as "opening up driverless taxis throughout the city," even linking it to topics such as "unemployment of ride-hailing drivers." What is the actual situation? Article 17 of the revision stipulates that the municipal government can "orderly explore open road testing and demonstration applications throughout the city, and explore the pilot implementation of commercial operations." Several industry insiders pointed out that the key to understanding this regulation lies in the phrase "orderly exploration." A relevant person in charge of the Shenzhen Intelligent Connected Transportation Association stated that "orderly exploration" is first reflected in the gradual nature of the legislative authorization. Currently, intelligent connected vehicles are limited to testing and demonstration, and no relevant policies for commercial pilot projects have been issued at the municipal level. This clause means that the government has obtained the legal basis to promote testing on a larger scale, but the specific timing and areas to be opened still need to be gradually promoted based on infrastructure conditions and safety assessment results. At the same time, "orderly" is also reflected in the parallel promotion pace of multiple scenarios.Investment bank Stifel raised its price target for Micron Technology (MU.O) from $550 to $1,500.June 18 - Ship tracking data from an international shipping information platform showed that three Saudi-flagged oil tankers carrying a total of 6 million barrels of crude oil passed through the Strait of Hormuz on the 18th.On June 18th, it was reported that on June 17th, the General Office of the Anhui Provincial Peoples Government officially issued the "Anhui Province Low Altitude+ Application Scenarios Expansion Project Action Plan (2026-2028)," clarifying the provinces three-year work goals, key tasks, and promotion measures for the low-altitude economy. According to the plan, by 2028, Anhui Province aims to achieve 5 million hours of annual low-altitude flight time, gather over 300 low-altitude operation companies, and cumulatively build 100 low-altitude application demonstration scenarios, forming a development model that is safe, commercially sustainable, and easily accepted by the public.On June 18th, the Sichuan Provincial Development and Reform Commission issued the "Several Policy Measures of Sichuan Province to Support Green and Low-Carbon Development." Among them, it proposes to support interest subsidies for equipment renewal loans. For eligible equipment renewal loans, in addition to the central governments 1.5 percentage point interest subsidy, extra interest subsidies will be provided through ultra-long-term special treasury bonds as stipulated. For eligible "technological upgrading loans" and "equipment renewal loans," a provincial government interest subsidy of 1.5% per annum will be provided for a period not exceeding one year. Multiple technological upgrading or equipment renewal loans implemented by a single enterprise can be consolidated and submitted together, with a maximum annual provincial government interest subsidy of 5 million yuan per enterprise. Banks are encouraged to proactively apply for interest subsidy funds and promptly disburse them to enterprises, reducing their financing costs for equipment renewal.
