Luckin Coffee reported Q3 net profit of 1.86 billion yuan, up 45% YoY.

Nov. 2 — The Shanxi Energy Bureau convened a provincial meeting to transmit the Oct. 31 National Energy Administration coal production-and-supply guidance and provincial government directives. Officials ordered strict implementation of the 17-point new coal rules, reiterated the political responsibility to secure energy supply, and directed authorities to push orderly resumption and increase of coal production on a safety-first basis. The bureau instructed scientific production planning to ensure both safety and higher output, tighter enforcement of operator responsibilities, and active coordination with national ministries to accelerate implementation of coal supply measures.

Deputy director Wang Ruomeng of CHINA STATE PLANNER's Innovation and High‑Tech Development Department said during the 15th Five‑Year Plan period China will leverage its complete industrial system, abundant application scenarios and strong engineering capability and prioritize application‑driven innovation. The ministry will use a “point, line, surface” approach: at the point level it will organize scenario‑based AI+ application projects, prioritizing hazardous, dirty, strenuous, complex and hard‑to‑operate scenarios such as mining, high‑altitude work and emergency rescue to address industry pain points and build demonstrator projects; at the line (industry) level it will continue developing national AI application pilot bases in manufacturing, energy, transport and healthcare, coordinate supply of compute, models and data, and accelerate standards and deployment to lower adoption barriers; at the surface (system) level it will improve the AI+ policy framework, refine and implement key‑industry plans and issue application‑scenario classification guidance to provide institutional support for AI+ expansion.