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Real-time News
On July 15, Minister of Commerce Wang Wentao met with Solomon Islands Minister of Foreign Affairs and Foreign Trade Honipwela on July 14, and they held friendly exchanges on issues such as China-China economic and trade relations. Wang Wentao stated that China is willing to work with the Solomon Islands to continue expanding mutually beneficial economic and trade cooperation and promote new developments in the China-China comprehensive strategic partnership for a new era. Honipwela stated that since the establishment of diplomatic relations between the Solomon Islands and China, bilateral relations have continuously developed and improved, and he looks forward to further deepening cooperation with China in various fields. After the meeting, Wang Wentao and Honipwela jointly signed the "Framework Agreement on Enhancing the Economic Partnership." Both sides will conduct flexible and pragmatic negotiations based on this agreement to reach mutually beneficial institutional arrangements for expanding bilateral trade, investment, and practical cooperation, better promote regional supply chain cooperation, and elevate China-China economic and trade relations to a new level.On July 15th, the China Electricity Council (CEC) released the "Annual Development Report of Chinas Power Industry 2026" on the 14th, showing that the national electricity consumption is expected to increase by 5%-6% year-on-year in 2026, with approximately 400 million kilowatts of new power generation capacity added throughout the year. New energy sources will remain the main source of new power capacity, with approximately 100 million kilowatts of new conventional power capacity added, roughly in line with the maximum load increase. "The ultimate goal of computing power is electricity. Promoting computing-electricity synergy is an inevitable path for my country to gain a global competitive advantage in the computing power industry," said Zhang Lin, Director of the Planning and Development Department of the CEC. He added that during the 15th Five-Year Plan period, the national electricity consumption for computing power is expected to increase by more than 100 billion kilowatt-hours annually, reaching 800 billion kilowatt-hours by 2030, accounting for about 6% of the total electricity consumption. Zhang Lin stated that in the future, the approach should be "strengthening computing with electricity and promoting electricity with computing," coordinating energy resource allocation and computing infrastructure construction, and promoting computing-electricity synergy in multiple dimensions. In terms of planning and layout, for computing facilities in the western region, the layout of national computing hubs and the planning of large-scale new energy bases will be coordinated, and the collaborative construction of computing facilities and power facilities will be promoted; for computing facilities in the eastern region, the collaborative planning of distributed computing power, distributed power sources, microgrids, and virtual power plants will be promoted to respond to computing power needs nearby.On July 15th, Wang Guanhua, spokesperson for the National Bureau of Statistics and Deputy Director of the Department of Comprehensive Statistics of the National Economy, stated at a press conference held by the State Council Information Office that the PPI is expected to remain stable in the second half of the year. The accelerated integration of artificial intelligence with various fields, leading to a significant increase in computing power demand and a gradual optimization of market competition, may drive up prices in related industries.On July 15, Mao Shengyong, Deputy Director of the National Bureau of Statistics, stated at a press conference held by the State Council Information Office that investment in high-tech industries increased by 4.6% year-on-year in the first half of the year. Investment in integrated circuit manufacturing, electronic special materials manufacturing, and lithium-ion battery manufacturing increased by 8.8%, 10%, and 24.4%, respectively.On July 15th, the State Council Taiwan Affairs Office held a regular press conference. Spokesperson Zhu Fenglian stated that the "Opinions of the CPC Central Committee and the State Council on Supporting Fujian in Exploring a New Path for Cross-Strait Integrated Development and Building a Cross-Strait Integrated Development Demonstration Zone," released in September 2023, made comprehensive arrangements for supporting Fujian in building a cross-strait integrated development demonstration zone. Common standards between the two sides of the Taiwan Strait, effectively promoting the integration of industries, markets, and talent, are an important component of the construction of the cross-strait integrated development demonstration zone. In 2023, the State Administration for Market Regulation took the lead in issuing special support measures, focusing on soft connectivity of standards, supporting Fujian in systematically carrying out cross-strait standardization in the construction of the cross-strait integrated development demonstration zone, exploring new models and mechanisms for cross-strait standardization work, and forming an integrated development pattern of joint standard research, market sharing, and talent exchange.
