Domestic News
1. Li Qiang chaired the 12th plenary meeting of the State Council, emphasizing the need to thoroughly implement the decisions and deployments of the CPC Central Committee and strive to achieve the annual economic and social development goals.
2. National Bureau of Statistics: In July, the value added of industries above designated size increased by 4.5% year-on-year in real terms.
3. The National Development and Reform Commission and the National Energy Administration issued the "15th Five-Year Plan for Oil and Gas Development."
4. National Bureau of Statistics: From January to July, national real estate development investment totaled 4,300.9 billion yuan, a year-on-year decrease of 19.2%.
5. National Bureau of Statistics: From January to July, total retail sales of consumer goods reached 28,774.4 billion yuan, a year-on-year increase of 1.2%.
6. National Bureau of Statistics: In July 2026, among 70 large and medium-sized cities, the sales prices of commercial housing in first-tier cities generally increased month-on-month, while those in second- and third-tier cities decreased month-on-month. The year-on-year decline in prices in first-, second-, and third-tier cities generally continued to narrow.
7. The National Development and Reform Commission deployed measures to accelerate the issuance of new policy-based financial instruments in 2026 and increase support for private investment projects. International News
1. Regarding AI between China and the US, the US is reportedly trying to force several countries to choose between the two.
2. South Korea's Minister of Trade, Industry and Energy: South Korea and the US are seeking to resolve outstanding issues from the $200 billion investment plan.
3. Saudi Arabia's oil supply strategy from off the coast of Oman may be quietly adjusting.
4. Nvidia: OpenAI commits to large-scale deployment of Nvidia AI infrastructure by 2030, corresponding to a computing business scale of approximately $600 billion.
5. Middle East situation—
