The 2026 World Artificial Intelligence Conference will open on July 15, featuring the debut of Huawei Atlas 950 physical unit, MiniMax M3 multimodal large model, Step Agent operating system, near-memory computing 3D chip, and the world's first AI agent smartphone. The exhibition focuses on AI hardware innovation, showcasing China's latest technological achievements.
China's national standard GB/T47351-2026, "Technical Requirements and Test Methods for Intelligent Connected Vehicle Control Operating Systems," has recently been officially implemented. Neusoft Reach, as a co-authoring unit, provides safety specifications for the design of vehicle control operating systems. The standard, under the jurisdiction of the National Technical Committee of Auto Standardization, aims to strengthen the safety baseline of core systems for intelligent connected vehicles and promote the standardized development of the industry.
Minmetals Development (600058.SH) announced plans to acquire 100% equity of Minmetals Mining and Luzhong Mining for 28.115 billion yuan (approximately $367.6 million), while divesting assets valued at 5.519 billion yuan (approximately $72.2 million). This major asset restructuring will significantly enhance its control over mineral resources such as iron ore. Transaction details show that the scale of assets injected far exceeds those divested, reflecting the company's strategic focus on resource extraction as its core business.
In June 2026, the number of newly registered business entities in China saw a slight month-on-month increase, with the information technology sector recording the highest number of financing deals, indicating strong capital interest in software and IT fields, as entrepreneurial activity and investment enthusiasm continue to rise.
According to Taibo Think Tank data, China's aerospace information industry scale reached 2.8 trillion yuan (approximately $36.6 billion USD) in 2025, and is expected to approach 10 trillion yuan (approximately $130.9 billion USD) by 2030. The industry is deeply integrating artificial intelligence and the low-altitude economy, driving the explosive growth of software application markets related to satellite internet, BeiDou navigation, and remote sensing monitoring.
As of July 10, 25 nonferrous metal companies on the A-share market have released their semi-annual performance forecasts for 2026, all showing year-on-year improvement. Western Mining Co., Ltd. expects net profit of 4.0 to 4.3 billion yuan (approximately $52.4 to $56.3 million), a year-on-year increase of 114% to 130%. Three electrolytic aluminum companies in Henan—Shenhuo Co., Ltd., Zhongfu Industrial Co., Ltd., and Jiaozuo Wanfang Aluminum Co., Ltd.—have doubled their performance.
On July 7, 2026, the BOHR satellite, launched as part of SpaceX's Transporter-17 mission, became the world's first commercial satellite to use nuclear power, validating the feasibility of tritium as an energy source for spacecraft. The satellite was developed with participation from a Chinese enterprise, marking a breakthrough in the application of nuclear energy technology in the aerospace sector.
On July 8, 2026, the National Cybersecurity Standardization Technical Committee initiated the development of six national standardization guidance technical documents for AI application security in Beijing, aiming to unify drafting approaches and strengthen industry responsibility allocation. This initiative is a key step in implementing the "Action Plan to Accelerate the Construction of 100 National Standards for Artificial Intelligence" and will directly impact the compliance costs and product safety standards of AI software enterprises.
On July 7, 2026, Qiming Information Technology and FAW Jiefang signed a deepened strategic cooperation agreement to jointly advance the development of intelligent vehicle software and SaaS platforms. This initiative aims to accelerate the digital transformation of the automotive industry, providing new impetus for Qiming Information's growth in the fields of connected vehicles and autonomous driving software.
In early July 2026, China Mineral Resources Group notified domestic steel mills not to withdraw two iron ore products from FMG, resulting in 7.22 million tons of ore being frozen. Previously, FMG's new products were rejected, and in April, BHP Billiton compromised, raising the proportion of RMB settlement to over 50%, marking a major breakthrough for China in iron ore negotiations.
On July 7, the Nonferrous Metals ETF (159652) saw net subscriptions exceeding 370 million yuan (approximately $4.84 million) in a single day, with total net inflows surpassing 400 million yuan (approximately $5.24 million) over two consecutive days. Despite the ETF's price correction, it continued to attract substantial capital inflows, reflecting investor confidence in the long-term value of the nonferrous metals sector, with particular focus on segments with higher gold and copper content.
Data from the first half of 2026 in Shandong Province shows that the rapid development of artificial intelligence is driving demand for computing power, with invoiced sales revenue in the software and information technology services industry growing 9.9% year-on-year. This reflects the direct boost of AI application deployment on industry revenue, providing a basis for investors to assess industry fundamentals.
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