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On July 25th, it was learned from the China Enterprise Reform and Development Research Association that the "2026 Energy Industry Ecosystem Report" has been officially released. The report shows that during the 14th Five-Year Plan period, my country's wind and solar power installed capacity historically surpassed thermal power, while nuclear and biomass energy led the world. During the 14th Five-Year Plan period, my country's energy industry achieved coordinated development in both ensuring energy security and promoting green and low-carbon transformation. In 2025, the investment in key national energy projects exceeded 3.5 trillion yuan for the first time, a year-on-year increase of nearly 11%. The new energy industry achieved leapfrog development, with wind and solar power installed capacity increasing from 530 million kilowatts in 2020 to 1.84 billion kilowatts in 2025. The total installed capacity of nuclear power remained the world's largest, and biomass power generation capacity has ranked first globally for seven consecutive years.
The local governor stated that a drone caused a fire at an oil refinery in Russia's Tumen region.
July 25th - According to the official WeChat account of Chery Group, on July 25th, 2026, Chery Group's global cumulative sales officially exceeded 20 million vehicles. Chery Group stated that the Fengyun A9, which will be launched on the same day, will be the 20 millionth vehicle officially delivered to a customer.
According to data from the UK National Grid, the Hisham 2-7 nuclear reactors in the UK have been shut down.
On July 25th, the State Internet Information Office released its latest "National Informatization Development Report (2025)," which shows that by 2025, the added value of my country's core digital economy industries will account for over 10.5% of GDP, with digital industry revenue reaching 39.6 trillion yuan, a year-on-year increase of 8.8%. The scale of digital consumption by Chinese residents will reach 25.3 trillion yuan, a year-on-year increase of 8.7%. Meanwhile, my country's network infrastructure will be upgraded. By the end of 2025, the total number of 5G base stations in my country will reach 4.838 million, with two-thirds of prefecture-level cities reaching gigabit city standards. The number of active IPv6 users will reach 869 million.
On July 25th, according to Ctrip's official WeChat account, the State Administration for Market Regulation (SAMR) issued an administrative penalty decision against Ctrip Group and put forward relevant rectification requirements. Ctrip fully accepts and resolutely complies with these requirements and will strictly implement all rectification measures. This penalty serves as a profound wake-up call and lesson for Ctrip. Under the guidance and supervision of the SAMR, Ctrip will earnestly fulfill its platform responsibilities, proactively respond to concerns from all parties, and has already formulated a relevant rectification plan, willingly accepting public supervision. Ctrip Group announced nineteen rectification measures in five areas: immediately ceasing exclusive cooperation practices and protecting hotel operators' autonomy; ceasing unreasonable "lowest price across the entire network" demands and protecting hotel operators' pricing autonomy; safeguarding the legitimate rights and interests of hotel operators, continuously listening to merchants' opinions and demands, and constantly optimizing the business environment for merchants; strengthening consumer rights protection and continuously improving service guarantee levels; and strengthening compliance construction and establishing a sound long-term mechanism.
On July 25th, Austrian Minister for Europe, Integration and Family Affairs, Claudia Bauer, stated in an interview that she opposes a "fast track" for Ukraine's EU accession, arguing that Ukraine's accession must follow normal procedures. Bauer stated that Ukraine's agricultural structure differs significantly from that of existing EU member states, and its accession would have a major impact on the EU, thus requiring careful consideration. She also stated that all countries applying for EU membership should follow the same rules and meet the accession requirements through reforms and practical performance.
Emergency services say the Russian attack on Komme, Ukraine, has killed three people.
According to Al Jazeera: Israeli forces launched a raid on Tubas in the West Bank. Israeli soldiers drove numerous military vehicles into the city, and infantry units were deployed across several city blocks, conducting large-scale searches of residential areas. Israeli forces withdrew from the city after nearly three hours; no arrests have been reported so far.
On July 25th, Dalian City introduced a new policy of temporary interest subsidies for housing provident fund loans. For second-home housing provident fund loans approved between July 24, 2026, and December 31, 2027, a subsidy of up to 15% of the actual interest will be provided for a maximum period of three years, specifically to reduce the repayment pressure on those seeking to upgrade their homes. Nationwide, nearly 90 cities have successively introduced various housing subsidies and loan burden reduction measures this year, continuously enriching the toolbox of local policies to stabilize the housing market. However, Dalian's approach of providing financial subsidies for second-home housing provident fund loans is a relatively rare exploration in recent times.
Russian Ministry of Defense: Russian air defense systems shot down 328 Ukrainian drones overnight.
On July 25th, Nvidia (NVDA.O) CEO Jensen Huang made his first appearance on Elon Musk's social media platform X. His first tweet was a letter co-signed by Nvidia, emphasizing the importance of open-source AI models. Musk retweeted the post, saying, "Huang is right, I fully support him."
Kuwait Petroleum CEO: We welcome Blackstone, Brookfield and KKR as long-term investors in the Peregrine Project.
Samsung Electronics and Broadcom have signed a memorandum of understanding covering collaboration in memory chips, foundry services, and advanced packaging up to $200 billion by 2030. Samsung Electronics will partner with Broadcom to develop Broadcom's next-generation AI accelerator based on Samsung's HBM technology. Samsung Electronics will provide sub-2nm foundry processes and advanced packaging solutions.
Hyundai Motor Group Chairman Chung Eui-sun unveiled his vision for "Physical AI" at the San Francisco AI Summit.
SK Group and NVIDIA have deepened their strategic partnership, covering AI factories and next-generation storage technologies.
On July 25, European Central Bank Chief Economist Lane commented on the new US tariffs imposed on some trading partners, saying that the European economy relies mainly on domestic demand, and while trade between the US and Europe is important, it is "not the dominant issue." Lane stated that "the US is not the dominant force in international trade," and that Europe trades with the entire world, not just the US.
July 25 - Japan's ruling Liberal Democratic Party (LDP) has been embroiled in another money scandal. The party's branch in Fukuoka Prefecture is accused of demanding large sums of money from members aspiring to become the prefectural assembly speaker and deputy speaker. One former speaker revealed that he was asked to pay 20 million yen (approximately 830,000 yuan).
July 25th - According to data from Maoyan Professional Edition, the movie "Kung Fu Women's Soccer" has grossed over 1.8 billion yuan in 15 days since its release.
On July 25, Kim Yong-beom, Chief of Staff for Policy at the South Korean Presidential Office, stated that South Korean conglomerates have reached agreements with global technology giants, including Nvidia (NVDA.O), to undertake a series of collaborative projects worth a total of $950 billion. Kim explained that these projects include a long-term agreement under which SK Group will supply high-performance semiconductors worth $750 billion to global technology companies, including Nvidia.
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