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Jiangsu University and Loongson Technology have taped out Nongxin‑1, billed as China’s first agricultural SoC based on the Loongson architecture. The chip is targeted at precision agriculture, smart greenhouses and intelligent farms machinery and is

2026-06-12

Jiangsu University and Loongson Technology have taped out Nongxin‑1, billed as China’s first agricultural SoC based on the Loongson architecture. The chip is targeted at precision agriculture, smart greenhouses and intelligent farms machinery and is designed to reduce reliance on imported chips, improve environmental adaptability and interface compatibility, supporting stability operate under high‑intensity and harsh conditions.

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2026-06-12

PBOC Shanghai headquarters said it will implement five major financial initiatives centered on optimizing institutional mechanisms, deploying policy-tool incentives and building the financial ecosystem. Targeted monetary instruments cited include re-

PBOC Shanghai headquarters said it will implement five major financial initiatives centered on optimizing institutional mechanisms, deploying policy-tool incentives and building the financial ecosystem. Targeted monetary instruments cited include re-lending for technological innovation and transformation, a carbon-reduction support tool, re-lending for agriculture and small firms, and consumption-and-eldercare re-lending. In coordination with other departments it will roll out products including a Shanghai sci-tech points loan, loans for specialized and innovative SMEs, IP-pledge loans, carbon-emission-rights-pledge loans, agricultural-facilities-pledge loans, biodiversity loans, job-stabilization/expansion loans, eldercare-service trusts and a pilot to treat data as an economic factor. Measures will prioritize credit and industry-finance matching for Shanghai’s three leading industries, future industries, domestic-demand expansion and public services, guide banks to raise lending, and push ahead with a technology-themed bond board.
2026-06-12

Spain's final harmonized CPI monthly rate for May was 0.1%, in line with expectations and unchanged from the previous month's 0.10%.

Spain's final harmonized CPI monthly rate for May was 0.1%, in line with expectations and unchanged from the previous month's 0.10%.
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