The Ministry of Industry and Information Technology has issued a document promoting the deep integration of artificial intelligence technologies across the entire industrial chain. The "Action Plan for High-Quality Development of Industrial Internet Platforms (2026-2028)" was released, specifically calling for the implementation of integrated empowerment actions combining industrial internet with AI. It guides platform enterprises to rapidly enhance organization-wide AI literacy and technical skills, driving AI technology penetration throughout industrial processes. Discriminative AI applications will be promoted in scenarios with relatively clear rules like production control and risk identification, while generative AI practices will be explored in more complex demand scenarios such as process optimization and solution design.
US December Consumer Price Index increased by 2.7% year-over-year, matching expectations and unchanged from the previous reading. Following the inflation data release, US short-term interest rate futures surged significantly as traders increased their bets on Federal Reserve interest rate cuts.
HSBC has voiced strong support for Chinese assets, recommending overweight positions in A-shares and H-shares while establishing long yuan positions as one of its top strategic choices for the year. In its latest annual macro strategy report, the bank emphasized that Asian market investment focus should shift toward domestically-driven assets amid potential market volatility.
In response to US plans to impose 25% tariffs on countries engaging in commercial dealings with Iran, the Foreign Ministry spokesperson stated that China's position on tariff issues is very clear - there are no winners in tariff wars. China will firmly safeguard its legitimate rights and interests, responding to questions regarding former President Trump's social media post about imposing tariffs on nations trading with Iran.
The Ministry of Commerce has ruled to maintain anti-dumping duties on solar-grade polysilicon imports originating from the United States and South Korea. According to Announcement 2026 No. 3, the final review determination specifies that anti-dumping duties will continue for five years starting January 14, 2026.
Debon Stable Growth Fund has responded to rumors about "attracting 120 billion yuan in single-day subscriptions" by urgently implementing purchase limits on fund shares. While market channels circulated claims that the active equity product gathered approximately 120 billion yuan on January 12, Debon Fund publicly clarified on January 13 that these figures don't match market rumors, simultaneously announcing adjustments to large subscription limits amid heightened market attention.
Multiple central banks are preparing a joint statement to support Federal Reserve Chair Jerome Powell following increased pressure from the Trump administration. Analysts warn that as concerns grow about Fed independence and its inflation-fighting resolve, investors may demand higher rates to compensate for capital risk, potentially pushing bond yields further upward. Additional analysis suggests that using criminal subpoenas to pressure the Fed could make it harder for future chairs to convince markets of central bank independence, thereby complicating inflation expectation management.
The "trillion-yuan club" has expanded with Zijin Mining Group reaching the milestone, closing at 1.0044 trillion yuan market capitalization on January 13. Within this elite group of mega-cap stocks, financial sector companies account for nearly half, with banking and non-bank financial stocks comprising 38% and 15% respectively. Market analysis identifies artificial intelligence among other sectors as key investment opportunities.
Jiangsu Province aims to exceed 1 trillion yuan in AI industry scale by 2030, with next-generation smart terminals and intelligent agents achieving over 90% penetration rate. The provincial government's "AI+" action plan targets developing leading domestic large models and creating commercial application scenarios. China Securities notes密集 AI industry developments including overseas financing rounds and domestic policy support, suggesting commercialization acceleration in搜索&marketing, coding, multimodal applications, and AI for science.
Additional sectors warrant attention: Green power - Sichuan targeting over 85% green electricity consumption by 2027; Wind power - successful installation of world's first 20MW offshore turbine with annual output exceeding 80 million kWh; Huawei Auto - Harmony Intelligent Driving AITO's 1 millionth vehicle rollout; Brain-computer interface - Brain Tiger Technology's Jiangsu factory groundbreaking targeting mass production in second half.
Positive announcements include Ronbay Technology securing over 120 billion yuan lithium battery material supply agreement with CATL, while cautionary notes highlight Shanghai Construction Engineering's 34.98% YoY decline in new contract value. PowerChina signed 15.589 billion yuan contracts, Ankerplus secured 62.98 million yuan North American data center project, with several companies announcing share repurchases and management team increases.
Earnings previews show China Yangtze Power reporting 34.2 billion yuan net profit (5.14% growth), Han's CNC expecting 160.64%-193.84% profit increase, TCL Technology projecting 169%-191% growth, and SPD Bank anticipating 10.52% profit growth. Conversely, Yonyou Network forecasts 1.3-1.39 billion yuan net loss, while China Fortune Land Development warns of potential delisting risk amid expected 16-24 billion yuan losses.
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