Generative AI Growth
China’s generative AI users exceeded 700 million by the end of June, with a penetration rate of more than 50%, according to the Generative AI Application Development Report (2026).
R&D Investment Target
China’s total research and development investment exceeded 3.92 trillion yuan in 2025, accounting for 2.8% of its GDP and surpassing the OECD average for the first time, according to the Ministry of Science and Technology.
The ministry said it would launch key national science and technology projects to promote research in major areas such as integrated circuits and industrial machine tools.
NEWS SUMMARY
The number of 5G mobile subscriptions in China exceeded 1.3 billion by the end of August.
Shein released its first financial report following its IPO, showing a continued slowdown in revenue growth in the second quarter.
Contact editor Lin Jinbing ([email protected])
