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On September 4th, according to Qichacha APP, Wuhan Xinrongguang Technology Co., Ltd. was recently established, with Sun Peng as the legal representative and a registered capital of 13.2 billion yuan. Its business scope includes integrated circuit design; integrated circuit chip design and services; integrated circuit chip and product manufacturing; and power electronic component manufacturing. Qichacha's equity penetration analysis shows that the company is jointly held by Wuhan Xinxin Integrated Circuit Co., Ltd. (a subsidiary of Yangtze Memory Technologies Co., Ltd.), Wuhan Optics Valley Semiconductor Industry Investment Co., Ltd., and China Internet Investment Fund (Limited Partnership), among others.
September 4th - As a major global player in the power battery industry, my country has recently been actively promoting the development of international standards in key areas such as power battery thermal management and the recycling of retired batteries within the framework of international organizations like the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), based on its industrial practices. This aims to provide standardization support for the coordinated development of the global power battery industry. Going forward, the State Administration for Market Regulation will guide more professionals in the production, use, and recycling of power batteries to participate in international standards research, deepen practical exchanges on standardization with other countries, and contribute to the high-quality and sustainable development of the new energy industry throughout its entire lifecycle.
Tesla (TSLA.O) Robotaxi announced that its Cybercab driverless ride-hailing service will be open to the public for test rides starting at 5 p.m. Central Time on Friday (6 a.m. Beijing Time the following day).
On September 4th, Tesla (TSLA.O) announced that it has begun offering ride-hailing services for its two-seater Cybercab in a "limited area" in Austin, Texas. This vehicle lacks a steering wheel and pedals. In response, U.S. automotive safety regulators stated that they are evaluating the situation. Tesla CEO Elon Musk has stated that the Cybercab will be a key product enabling Tesla to become a dominant force in the field of self-driving cars. Meanwhile, the National Highway Traffic Safety Administration (NHTSA) is responsible for developing and enforcing vehicle safety regulations, including overseeing the safety of new vehicle models. An NHTSA spokesperson stated, "The NHTSA is in communication with Tesla and is evaluating the situation." However, the spokesperson did not provide further details.
On September 4th, Huawei Consumer Business Group announced the release of the Huawei WATCH 6 Pro, the first all-ceramic smartwatch in the WATCH series. The device is expected to be equipped with HarmonyOS 7 and bring new health-related features.
Japanese Finance Minister Satsuki Katayama: Relevant departments in the United States and Japan have confirmed that there are no unilateral policy requirements.
Japanese Finance Minister Satsuki Katayama: US Treasury Secretary Bessenter has not commented on the Bank of Japan's policy.
On September 4th, Tencent Cloud announced the launch of its AI-powered autonomous penetration testing product, "Wujing," delivered as a SaaS platform and ready to use out of the box. Wujing primarily targets four scenarios: pre-deployment detection, routine continuous penetration testing, pre-attack and defense drills, and business logic vulnerability testing. Enterprises can simply input the authorized targets and asset scope to obtain a reproducible vulnerability evidence report with a single click. The product is now available for enterprise trial.
Japanese Finance Minister Satsuki Katayama: U.S. Treasury Secretary Bessenter has consistently maintained that the yen is undervalued, largely due to interest rate differentials.
September 4th - Changxin Technology announced that the new generation Nubia NaviX Ultra smartphone, jointly developed by ByteDance and ZTE, will be equipped with Changxin's LPDDR5X memory with a maximum speed of 10667Mbps. The company stated that this marks the first time a domestically produced 10667Mbps high-speed LPDDR5X memory chip has achieved mass production and application.
On September 4th, an official from the National Healthcare Security Administration stated that by the end of 2028, the long-term care insurance system will achieve basic full coverage nationwide. Following the principles of coordinating urban and rural areas and covering all citizens, the coverage will be expanded from employees to urban and rural residents. A unified national standard for disability assessment will be established, and the mutual recognition of assessment results nationwide will be promoted. Policies for cross-regional access to long-term care insurance benefits will be improved, the professional care workforce will be continuously strengthened, and the accessibility and professionalism of services will be enhanced. The long-term care insurance system will be effectively integrated with subsidies for economically disadvantaged elderly and disabled individuals, as well as care subsidies for severely disabled persons, to better meet the diverse service needs of the public.
On September 4th, Wang Wenjun, Deputy Director of the National Healthcare Security Administration, introduced at a press conference held by the State Council Information Office on the theme of "Starting the 15th Five-Year Plan" that the number of people enrolled in my country's long-term care insurance has exceeded 320 million, with a cumulative expenditure of 114.2 billion yuan, providing care services to more than 4.6 million disabled people. As of now, 22 provinces have issued provincial implementation plans, and the number of established unified planning areas has reached 121. It is expected that by the end of this year, the number of unified planning areas nationwide will expand to 247.
September 4th - This morning, the State Council Information Office held a press conference on the theme of "Starting the 15th Five-Year Plan," introducing the progress in promoting high-quality development of medical insurance to better serve China's modernization. It was reported that since 2018, the dynamic adjustment mechanism of the medical insurance drug catalog has been continuously improved, with a cumulative total of 949 newly added drugs, including 199 innovative drugs, making emergency and life-saving medicines more accessible and affordable for more patients.
Japanese Finance Minister Satsuki Katayama: U.S. Treasury Secretary Bessenter understands and supports our position.
On September 4th, Huang Huabo, Deputy Director of the National Healthcare Security Administration, introduced a series of measures at a press conference held by the State Council Information Office on the theme of "Starting the 15th Five-Year Plan." These measures aim to address the frequent job and location changes among flexible employment personnel and continue to promote the complete elimination of household registration restrictions based on place of employment and residence in megacities. Simultaneously, the administration will explore converting continuous years of participation in resident medical insurance into local employee medical insurance years, allowing for monthly accumulation of employee medical insurance contributions. This will include even fragmented contribution periods in the employee medical insurance contribution history, enabling individuals to enjoy retirement medical insurance benefits upon reaching the statutory retirement age and meeting the required contribution years.
Japanese Finance Minister Satsuki Katayama: When I explained, Bessant said "that's fine" and that he had not received the kind of request reported by the media.
Japanese Finance Minister Satsuki Katayama: Conversations with U.S. Treasury Secretary Bessenter are always pleasant. I explained to him Japan’s efforts to achieve fiscal sustainability and economic growth.
Japanese Finance Minister Satsuki Katayama: I have taken note of Prime Minister Sanae Takaichi's remarks regarding the scale of newly issued government bonds approaching 40 trillion yen.
September 4th - On September 4th, Alibaba's enterprise-level general-purpose agent product, Qianwen Office, celebrated its one-month anniversary, surpassing 30 million users, with enterprise users accounting for over half. In the past month, Qianwen Office completed 120 version updates, averaging four iterations per day, and added over a thousand features. During this period, Qianwen Office launched its international version, fully entering the global market.
Japanese Finance Minister Satsuki Katayama: We have reiterated to global leaders that our goal is to ensure fiscal sustainability.
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