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On Sept. 22 at the 2026 Hangzhou Yunqi Conference, Alibaba Group CEO Wu Yongming said machines are becoming the primary agents of thought and intelligence is evolving into a scaled commodity; he forecast total machine thinking will exceed human level

2026-09-22

On Sept. 22 at the 2026 Hangzhou Yunqi Conference, Alibaba Group CEO Wu Yongming said machines are becoming the primary agents of thought and intelligence is evolving into a scaled commodity; he forecast total machine thinking will exceed human levels by more than 1,000 times. He identified AI models, AI chips and AI cloud as the three foundational pillars of the machine-intelligence era and said Alibaba will steadily invest in those infrastructure areas as a long-term strategic choice.

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2026-09-22

State Taxation Administration data show tax revenue in Jan–Aug rose 5.9% YoY, 0.5ppt above current‑price GDP growth of 5.4% in 1H. Tax receipts measured at current prices have broadly matched economic growth so far this year, the agency said. The lar

State Taxation Administration data show tax revenue in Jan–Aug rose 5.9% YoY, 0.5ppt above current‑price GDP growth of 5.4% in 1H. Tax receipts measured at current prices have broadly matched economic growth so far this year, the agency said. The largest 10,000 taxpayers accounted for nearly half of total tax receipts; the top 1 million taxpayers made up about 90%; remaining firms, including small and micro enterprises, contributed roughly 10%.
2026-09-21

Barclays said its oil-price forecast is increasingly skewed to the upside amid Middle East developments and resilient demand. If the current situation persists, oil could rise roughly 50% from current levels before the market rebalances. Inventory an

Barclays said its oil-price forecast is increasingly skewed to the upside amid Middle East developments and resilient demand. If the current situation persists, oil could rise roughly 50% from current levels before the market rebalances. Inventory and demand indicators point to significant upside before supply and demand normalize. Non-OPEC supply response has been limited so far but may change in coming months due to production adjustment lags; excluding Brazil, non-OPEC output growth has not materially exceeded expectations.
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