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Shanghai issued a 15th Five-Year plan for its software and information services industry, setting a 2030 goal to expand industry scale to 4 tln yuan and industry value added above 1.1 tln yuan. The plan positions AI-enabled applications as the core c

2026-08-11

Shanghai issued a 15th Five-Year plan for its software and information services industry, setting a 2030 goal to expand industry scale to 4 tln yuan and industry value added above 1.1 tln yuan. The plan positions AI-enabled applications as the core commercial focus, aims to secure breakthroughs in AI and key software, and raise the number of firms with revenue over 10 bln yuan to 35. It calls for a higher share of high-end software, digital content and intelligent services, and the formation of internationally competitive industries bases and regional clusters to strengthen Shanghai’s role in global competition.

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Reserve Bank of Australia Governor Bullock: It is expected that economic growth will slow for some time before inflation can be reduced.

Reserve Bank of Australia Governor Bullock: It is expected that economic growth will slow for some time before inflation can be reduced.
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