A-share commercial space sector rallied after media reported the Yinli-1 carrier rocket is expected to launch at sea on July 22. Aerospace Development jumped more than 6%; Wantong Development, Chengchang Technology, Xingsen Technology, China Satellite, Fushida, Guangku Technology and Huati Technology also rose.

China says France's new 'anti-ultrafast fashion' law imposes discriminatory restrictions on China-funded cross-border e-commerce platforms, legislatively distorting fair competition and prompting serious concern. China says the law uses purported 'environmental' and 'sustainability' standards as a pretext for exclusionary measures, may breach WTO non‑discrimination rules, constitutes a trade barrier against China and risks harming Chinese firms' legitimate rights and French consumers.

SoftBank said on Wednesday it has begun operating GaranAI, a platform that will source articles from publishers—including Mainichi, Sankei, Kyodo and certain regional papers—pay contributors and convert content into data formats that make reconstruction of the original text difficult. The company will further process those datasets into AI-ready inputs and sell them to AI developers to improve generative-AI response accuracy. SoftBank released a trial version and is now accepting developer applications, plans iterative improvements over the next six months, aims to roll out a full version in or after January next year, and intends to expand the platform to accept a broader range of copyrighted content.