Xinfengjiang Reservoir in Heyuan, Guangdong will open spillways at 17:00 on Aug 3 after rainfall pushed the water level to 114.83 m, just below the 115.00 m flood limit. The release is intended to secure basin flood control, free additional flood storage during a lull in rainfall and prepare for possible heavy rain from Typhoon White Dolphin.

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Pfizer struck a collaboration with Cinda Biopharma on 12 early-stage and de novo oncology R&D projects, with an upfront payment of $650m. In July, Moonshot AI released KimiK3 and DeepSeek rolled out the DeepSeek-V4-Flash API in public beta. Chinese advanced robotics equipment has also attracted heightened international attention. Jiang Zhao, deputy researcher at MOFCOM's Research Institute of International Trade and Economic Cooperation, said shorter industry iteration cycles reflect both faster global tech commercialization and a shift in China’s innovation capacity—domestic development is moving into sync with global frontiers and showing faster, more proactive autonomous iteration.