Industry and Information Technology Ministry Releases Measures for Building Innovative Industrial Clusters

The recently issued measures aim to align cluster development with national key industry directions, tailor efforts to local conditions, and integrate technological innovation with industrial advancement. The goal is to boost the innovation capacity of the industrial system, upgrade its structure, and drive regional economic growth.

Finance Minister Meets Hong Kong Counterpart Ahead of APEC Talks

On September 21, 2026, Finance Minister Lan Fo'an met with Hong Kong Financial Secretary Paul Chan in Beijing to exchange views on preparations for the APEC Finance Ministers' Meeting, Hong Kong's economic and social development, and global trade topics.

Civil Affairs Ministry to Push for Elderly Care Legislation During 15th Five-Year Plan

Minister Li Changguan stated at a September 23 press conference that the ministry will promote revisions to the law protecting the rights and interests of the elderly, improve the social security system, and advance the drafting of a dedicated elderly care service law. This aims to establish a comprehensive, inclusive, and sustainable care system covering urban and rural areas.

Wuhan Focuses on Integrated Circuit Industry Growth

At a September 22 meeting, Wuhan officials emphasized supporting leading enterprises like Yangtze Memory Technologies to expand capacity while nurturing specialized and innovative small and medium-sized enterprises. The city plans to intensify investment attraction, strengthen innovation capabilities through high-level platforms, and foster a robust industrial ecosystem with government funds guiding social capital.

Top Ten Scenarios Released for Satellite Internet and BeiDou Applications

At a conference on September 23, the China Alliance for Space Information and Satellite Internet unveiled ten key innovation scenarios, including natural disaster monitoring, intelligent forestry, remote operations, unmanned equipment, polar exploration, marine fisheries, civil aviation, low-altitude applications, and space-based data transmission.

New AI Services Filed; September Box Office Surpasses One Billion Yuan

The cyberspace administration announced filing updates for three new generative AI services, including "YOYO Claw," for mobile devices. Meanwhile, September's total box office has exceeded one billion yuan, with three domestic films leading the ranking.

Lens Technology Expands in Commercial Space Sector

The company confirmed on September 23 that since 2023 it has been supplying ground receiver structural components to leading commercial space clients. Its space-grade UTG flexible glass is undergoing joint development for solar array applications, with domestic clients already testing on two satellites launched into orbit.

Hualan Biological Submits Breast Cancer Drug Application

On September 23, Hualan Biological announced that its associate company received acceptance from the National Medical Products Administration for its marketing application of trastuzumab injection, a core first-line treatment for HER2-positive breast and gastric cancer.

Iran Outlines Conditions for Reopening Strait of Hormuz

Iran's foreign ministry spokesperson said indirect talks with the US via Qatari mediation took place on September 22 during the UN General Assembly. Iran's conditions include a permanent halt to US military actions against Iran and its allies, lifting maritime blockades and all sanctions, and returning frozen assets with compensation.

EU Extends Sanctions on Russia for Three More Years

The EU Council announced on September 22 that sanctions against over 3,000 Russian individuals and entities are extended until September 22, 2029. The measures include travel bans, asset freezes, and restrictions on providing funds. Three individuals, one entity, and three deceased persons were removed from the list.

OECD Raises Global Growth Forecast for 2026

The Organisation for Economic Co-operation and Development upgraded its 2026 global economic growth projection to 2.9 percent, up from the 2.8 percent estimate made in June, according to its latest outlook released on September 23.