The Ministry of Industry and Information Technology (MIIT) has issued a notice launching a special action to develop AI application service providers. MIIT targets building firms that understand industry pain points, technical mechanisms, security risks and delivery/operations. Targets: by end-2026 a national service-provider pool exceeding 2,000 firms with a multi-tiered, coordinated structure and materially stronger complex-scenario delivery capability; by end-2027 at least 3,000 firms to supp

At CHINA RES LAND's Aug. 31 H1 2026 results briefing, president Xu Rong said the current residential sales system reform will reshape market expectations, buyer rights, developer business models and policy implementation tempo, helping developers exit the 'three highs' model of high debt, high leverage and high growth. He said the sector has moved into a stock-quality improvement and structural-optimization phase: second‑hand transaction volume now exceeds new-home sales, but new-home for-sale and unbuilt inventories remain elevated. The reform, by smoothing land‑supply timing and encouraging sales of completed units, should support new-home market stabilization and price repair—with high-tier cities to see effects first—and will aid CHINA RES LAND in faster destocking and optimizing its land portfolio.

Ukraine's General Staff said as of 08:00 local time on Aug. 31 it recorded 225 engagements in the past 24 hours, including 36 enemy assaults in the Pokrovsk direction.