Nearly 4,800 foreign-invested enterprises increased their investments in China during the first half of the year.
China issued the first "AI ID" with the launch of a domestic intelligent agent interconnection standard system.
Beijing's trade-in program has been expanded to include 10 new smart product categories.
More than 4,200 stocks across the entire market rose today, with over 100 hitting their daily price limits.
DeepSeek has increased its registered capital by 65% this year.
ZJ INNOLIGHT is poised to become Hong Kong's largest IPO this year.
Trump claims high inflation has nothing to do with him.
NVIDIA's CEO Jensen Huang opposes US restrictions on Chinese AI models.
1 Nearly 4,800 Foreign Enterprises Increase Investment in China in H1
Yan Dong, Vice Minister of Commerce, stated at a press conference held by the State Council Information Office on the 23rd that the number of newly established foreign-invested enterprises in China increased by 5.3% year-on-year in the first half of the year, with actual utilized foreign capital reaching 402.14 billion yuan. The structure of foreign capital introduction has further improved, with investment in high-tech industries increasing by 33.2% year-on-year, accounting for 42.4% of the total. Foreign capital continues to show confidence in the Chinese market, with nearly 4,800 foreign-invested enterprises increasing their investments in China during the first half of the year.
2 Issuing "AI IDs"! China's First Standard System for Intelligent Agent Interconnection Released
A special meeting on the application of the "Artificial Intelligence - Intelligent Agent Interconnection" series of national standards was recently held at the Zhongguancun Exhibition Center in Beijing. The meeting released seven guiding national standards under GB/Z185-2026. This is China's first interconnection standard system covering the entire lifecycle of intelligent agents, establishing a unified underlying framework for all-domain AI collaboration.
3 Beijing Adds 10 Smart Products to Trade-In Program
According to the Beijing Municipal Commerce Bureau, subsidies will be provided to individual consumers in Beijing who purchase 10 categories of products, including smart door locks, smart cameras, smart vacuum cleaners (including smart floor washers and smart vacuums), smart toilets (including smart toilet seats), digital cameras (including action cameras), smart earphones, whole-home smart hubs (including smart home servers and smart gateways), smart beds (including smart mattresses), smart electric wheelchairs, and embodied intelligent robots (including companion robots, robotic dogs, exoskeleton robots, and elderly care robots). The subsidy standard is set at 15% of the final sales price after deducting various discounts and promotions. Each person can receive a subsidy for one item per category, with a maximum subsidy of 1,500 yuan per item. The program adopts a "direct deduction" subsidy model.
4 Over 4,200 Stocks Rise Across Market, More Than 100 Hit Daily Limit
Today, China's three major A-share stock indexes closed slightly higher with shrinking volume and a sideways trend. There was a clear divergence between the performance of large-cap and small-cap stocks, with small and mid-cap stocks showing stronger momentum. The combined trading volume of the Shanghai and Shenzhen stock exchanges reached 2.2 trillion yuan, a decrease of 458 billion yuan from the previous trading day. In terms of sector performance, market热点 rotated quickly, with over 4,200 stocks across the entire market rising and more than 100 hitting their daily price limits. At the close, the Shanghai Composite Index rose by 0.25%, the Shenzhen Component Index increased by 0.44%, and the ChiNext Index gained 0.25%.
5 DeepSeek Increases Registered Capital by 65% This Year
DeepSeek recently completed its first external equity financing. According to changes recorded on the Tianyancha app, the company underwent two capital increases this year, raising its registered capital from 10 million yuan to approximately 16.45 million yuan. Additionally, the company recently added the National Artificial Intelligence Industry Investment Fund Partnership (Limited Partnership) and Hangzhou Chengli Enterprise Management Consulting Partnership (Limited Partnership) as shareholders.
6 ZJ INNOLIGHT Poised to Become Largest Hong Kong IPO This Year
On the 22nd, ZJ INNOLIGHT officially published its H-share prospectus, initiating the listing process on the Main Board of the Hong Kong Stock Exchange under the stock code "3308.HK". According to the company's announcement, the global offering of H-shares will have a base issuance size of 54.5 million shares (subject to the exercise of the over-allotment option). Among these, an initial arrangement includes a Hong Kong public offering of 5.45 million shares, accounting for approximately 10% of the total global offering, and an international placement of 49.05 million shares, representing about 90% of the total global offering.
7 Trump Claims High Inflation Has Nothing to Do with Him
US President Donald Trump stated at an event in Georgia on the 22nd that the latest data shows the largest decline in US inflation in over six years, proving that his administration has "governed the country well." Trump also emphasized that the previous high inflation has "nothing to do" with him, attributing the blame to the previous administration. He claimed that when he took office in 2025, he faced the highest inflation levels in years.
8 NVIDIA CEO Opposes US Restrictions on Chinese AI Models
On the 22nd local time, NVIDIA CEO Jensen Huang gave an interview to Axios. When asked by the host, "Should the US government ban or restrict Chinese AI models like Kimi?", Huang responded, "I hope not, and I don't think they should. The world needs both open-source and closed-source models. These Chinese AI models are excellent, and outstanding open-source models deserve to be used. The market misunderstood the impact of DeepSeek at first, and this time, it is misunderstanding the impact of Kimi again."
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