S&P forecasts U.S. real GDP growth of about 2% annually from 2026 through 2029.

Hongchuan Smart’s unit Hongchuan Zhisuan has delivered a batch of enterprise-grade DDR5 memory modules to a leading Chinese GPU design firm for server validation of its AI compute chips and build-out of compute centers. The shipment is among the first major orders since Hongchuan Zhisuan received official distributor authorization from Changxing Semiconductor in May 2026, marking a substantive step in supply-chain coordination between China’s high-end memory makers and domestic GPU chip designers.

June 26, in Xi'an Shaanxi Party Secretary Zhao Yide and Governor Zhao Gang met with BYD Chairman Wang Chuanfu. Officials urged BYD to continue supporting and investing in Shaanxi and to deepen its presence in vehicle production, high-end manufacturing and technology R&D to bolster the province's new-energy vehicle (NEV) sector. BYD said it regards Shaanxi as a core strategic region after 23 years of cooperation and will strengthen practical cooperation on NEVs, power batteries and high‑power charging infrastructure. Shaanxi pledged to maintain a first‑class business environment and provide supportive conditions and services for BYD’s expansion.