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According to CCTV: Li Qiang chaired an executive meeting of the State Council to hear a report on the progress of the construction of Digital China.

2026-07-10

According to CCTV: Li Qiang chaired an executive meeting of the State Council to hear a report on the progress of the construction of Digital China.

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2026-07-10

US mortgage rates rose to 6.49%, reversing last week's decline, as renewed US-Iran escalation raised concerns that oil prices and borrowing costs could climb. Freddie Mac said on Thursday its 30-year fixed-rate mortgage average rose to 6.43% from a w

US mortgage rates rose to 6.49%, reversing last week's decline, as renewed US-Iran escalation raised concerns that oil prices and borrowing costs could climb. Freddie Mac said on Thursday its 30-year fixed-rate mortgage average rose to 6.43% from a week earlier; it was 6.72% a year ago. The conflict since late February has weighed on the housing market, and hopes that a prior ceasefire would ease geopolitical risk and stabilize borrowing costs have dimmed after this week's escalation. High mortgage rates are hindering buyers and may prevent sales improvement in 2026, and the current Iran situation could keep rates elevated, Realtor.com senior economist Joel Berna said.
2026-07-10

A Guangdong draft 15th Five-Year plan for the information and communications industry, released for public comment, proposes targeted support for basic telecom operators to join provincial R&D programs and directs strategic labs (including Pengcheng

A Guangdong draft 15th Five-Year plan for the information and communications industry, released for public comment, proposes targeted support for basic telecom operators to join provincial R&D programs and directs strategic labs (including Pengcheng National Laboratory) and leading firms to build a full-process innovation ecosystem. The plan calls for accelerated technology development in 6G, optical communications, satellite communications, quantum communications and intelligent communication systems, and for research on new network architectures such as air-space-ground integrated networks and sensing‑compute‑communications integration. It prioritizes cultivating a 6G industry chain and advancing R&D and industrialization of core components — digital baseband chips, RF front-end chips, 6G modules — and next‑generation network equipment. The draft also pushes application research on integrating quantum encryption with information networks and fusing quantum and classical computing, targeting breakthroughs in quantum computing, quantum materials, precision measurement, quantum security and key core devices.
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