Shanghai issued a plan to develop a national service-trade innovation demonstration zone, calling for stronger service-trade support for the integrated circuit sector. It will promote design+manufacturing integration and build an international joint design center in the Lingang New Area. The plan backs IC firms to achieve full industry‑chain breakthroughs and to cultivate internationally competitive leading companies. Customs and trade measures include allowing write‑off of imported consumable t

2026-08-10

Shanghai issued a plan to develop a national service-trade innovation demonstration zone, calling for stronger service-trade support for the integrated circuit sector. It will promote design+manufacturing integration and build an international joint design center in the Lingang New Area. The plan backs IC firms to achieve full industry‑chain breakthroughs and to cultivate internationally competitive leading companies. Customs and trade measures include allowing write‑off of imported consumable testing materials in comprehensive bonded zones based on actual consumption, piloting bonded supervision for IC testing operations with cross‑border inputs and outputs conducted outside comprehensive bonded zones, and supporting IC companies to operate international trade/distribution services.

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2026-08-10

Iranian foreign ministry spokesman, responding to the Mecca defense pact, said regional states over the past three years have realized security is not a commodity to be bought from fraudulent middlemen. He said any plan grounded in reality and correctly identifying enemies and threats would help maintain regional security and prevent Israel from creating turmoil.

2026-08-09

Former Israeli diplomat Alon Pinkas said Netanyahu needs a 'perpetual war' and that Israel's rejection of the Gaza plan should be read in the context of the Oct. 27 election. Pinkas said Netanyahu calculated it was 'no risk' to openly defy Trump because he assesses Trump is less concerned, timing is favorable, Hamas remains armed, and he can act without punishment, tying the stance to prolonged conflict and electoral strategy.