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Hengqin-Macau Deep Cooperation Zone has processed over 1,000 departure tax refund transactions since the Hengqin port service point opened on July 1, generating more than 7.3 million yuan in inbound-shopping spending. The zone is China’s departure ta

2026-08-22

Hengqin-Macau Deep Cooperation Zone has processed over 1,000 departure tax refund transactions since the Hengqin port service point opened on July 1, generating more than 7.3 million yuan in inbound-shopping spending. The zone is China’s departure tax refund implementing 2.0 measures and promoting low-threshold, high-efficiency, intelligent services. More than 100 registered tax-refund shops in Hengqin and Zhuhai cover electronics, apparel and cultural goods. Overseas visitors can apply for refunds on single purchases of 200 yuan or more.

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2026-08-22

An industry expert said recent price increases for China’s domestic large language models are a correction of a long-standing mismatch that left inference compute costs underpriced. In the near term this appears as a price-to-value recalibration; how

An industry expert said recent price increases for China’s domestic large language models are a correction of a long-standing mismatch that left inference compute costs underpriced. In the near term this appears as a price-to-value recalibration; however, if vendors raise fees without matching gains in stability or capability, users are likely to migrate as model-switching costs fall. Market-relevant signals to watch: whether higher prices are paired with genuine new model capabilities rather than repricing legacy models, and whether incremental revenue is being invested in compute capacity expansion and service infrastructure.
2026-08-22

Fox News reports President Trump urged governors and local officials to welcome construction of AI data centers, saying such projects would create substantial construction jobs and generate significant tax and other revenue. He added that if he were

Fox News reports President Trump urged governors and local officials to welcome construction of AI data centers, saying such projects would create substantial construction jobs and generate significant tax and other revenue. He added that if he were a mayor or governor he would want a large AI plant or data center to locate in his jurisdiction, and that the AI industry needs some public-relations help given local opposition to data-center sitting.
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