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The EIA's Short-Term Energy Outlook report states that global oil inventories have already declined by 400 million barrels by 2026 and are expected to continue declining until the end of the year.

2026-09-10

The EIA's Short-Term Energy Outlook report states that global oil inventories have already declined by 400 million barrels by 2026 and are expected to continue declining until the end of the year.

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2026-09-09

The Shenzhen bureau of the National Financial Regulatory Administration published an administrative penalty notice on Sept. 4 showing Tongfang Global Life Insurance Co. was fined 1.3 million yuan for granting benefits outside contracts, failing to us

The Shenzhen bureau of the National Financial Regulatory Administration published an administrative penalty notice on Sept. 4 showing Tongfang Global Life Insurance Co. was fined 1.3 million yuan for granting benefits outside contracts, failing to use filed insurance rates, using non‑compliant marketing scripts, and reporting inaccurate business and financial data. Responsible individuals were warned and fined 10,000–80,000 yuan. Tongfang Global Life said it has carried out immediate rectifications, will implement corrective measures item‑by‑item, and does not expect the penalty to have a material impact on overall operations. The company said recent personnel changes are routine and not directly related to the regulatory action and reaffirmed plans to strengthen compliance and internal controls.
2026-09-09

Beijing municipal government issued its 15th Five‑Year high‑end industrial development plan, directing support for frontier technology innovation: accelerate quantum computing, develop space‑based computing, and seek breakthroughs in core brain‑compu

Beijing municipal government issued its 15th Five‑Year high‑end industrial development plan, directing support for frontier technology innovation: accelerate quantum computing, develop space‑based computing, and seek breakthroughs in core brain‑computer interface technologies. The plan mandates R&D on metaverse enablers — spatial computing, digital humans and immersive rendering — to create virtual‑physical consumer scenarios, and prioritizes mastering frontier chip technologies including compute‑storage integrated chips, silicon photonics, advanced packaging and chiplets, and high‑performance optical interconnects.
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