China's State Council approved the 'Expand Consumption 15th Five-Year Plan', prioritizing effective investment in consumption-related infrastructure. The plan accelerates digital infrastructure — 5G, gigabit fiber, mobile IoT — and directs construction of a nationwide integrated computing power network, alongside a 'signal upgrade' special action. It backs offline consumption upgrades: urban commercial precinct improvements, renovation of old commercial streets, equipment renewal for physical re

2026-07-13

China's State Council approved the 'Expand Consumption 15th Five-Year Plan', prioritizing effective investment in consumption-related infrastructure. The plan accelerates digital infrastructure — 5G, gigabit fiber, mobile IoT — and directs construction of a nationwide integrated computing power network, alongside a 'signal upgrade' special action. It backs offline consumption upgrades: urban commercial precinct improvements, renovation of old commercial streets, equipment renewal for physical retailers, and pilots of modern trade and circulation systems. Logistics and supply-chain measures include development of national logistics hubs and backbone cold‑chain bases and establishment of a county‑town‑village three‑tier distribution system. Other targeted upgrades: public parking, EV charging, highway service areas, and renovation/revitalization of tourist and cultural facilities.

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2026-07-12

On July 12 local time a US official denied Iranian claims that US facilities at a Jordanian base were hit, saying there were no US casualties, the vast majority of missiles and drones fired by Iran were intercepted or shot down, and there are no reports of significant damage to US facilities. Earlier, Iran’s Islamic Revolutionary Guard Corps said its strike on the Prince Hassan Airbase in Jordan destroyed the base’s command-and-control center and an MQ-9 drone hangar.

2026-07-13

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