(China Daily) Zhong Ziqi, a Chinese doctoral researcher in quantitative marketing at the London School of Economics and Political Science and a visiting professor at the Southwestern University of Finance and Economics in Sichuan province, has received a valuation of $978,000 for his proprietary AI platform AquaMind.  

The valuation was issued by a licensed third-party appraisal agency in accordance with Chinese asset evaluation standards.  

AquaMind is a lightweight AI platform designed to support decision-making in sales' forecasting and supply chain management. By combining practical AI algorithms with applied business functions, it reflects ongoing efforts to explore how emerging technologies can contribute to broader goals such as digital transformation and sustainable development.

(China Daily) During the 2025 World Internet Conference Digital Silk Road Development Forum, the World Internet Conference Digital Academy, in collaboration with the Data and Technical Support Center of the Cyberspace Administration of China, successfully organized and held two advanced training sessions on digital economy innovation and development.

(China Daily) At the World Internet Conference (WIC) in Quanzhou, China a session on artificial intelligence (AI) development and governance took place on July 23. Wang Jingtao, deputy director of the Cyberspace Administration of China, shared China's approach to advancing and regulating AI, while Ren Xianliang, the WIC's secretary-general delivered welcome remarks.The event showcased China's dedication to advancing AI responsibly.

(Xinhua) The 24th China Internet Conference opened in Beijing on July 23, with industry experts gathering to share their thoughts on the development and future of the internet sector.   

At the event's opening ceremony, Wu Hequan, former vice president of the Chinese Academy of Engineering, said the internet sector has entered an era of development driven by artificial intelligence (AI).

(China Daily) Chinese tech heavyweight Alibaba Group has launched Qwen3-Coder, its most advanced agentic artificial intelligence coding model, marking a significant step in bolstering AI advancements.  

Designed for high-performance software development, Qwen3-Coder excels in agentic AI coding tasks, from generating new codes and managing complex coding workflows to debugging across entire codebases.

(China Daily) General Motors has reported a third consecutive quarter of profitability in China, signaling a sustained rebound in the world's largest auto market amid intensifying competition and a rapid transition to electric vehicles.  

The automaker said on Tuesday that its operations in China delivered another profitable quarter in the second quarter this year, driven by robust growth in new energy vehicle sales and strong performance from key local models.

(Xinhua) Top U.S. electric automaker Tesla Inc. on Wednesday reported its financial results for the second quarter of 2025, with total revenue falling 12 percent year over year to 22.5 billion U.S. dollars.  

The company posted a gross profit of 3.88 billion dollars for the quarter, down 15 percent from the same period last year, while earnings dropped to 33 cents per share, compared to 40 cents a year earlier.

(China Daily) As the global auto industry accelerates its transformation toward intelligent mobility, Chinese parts suppliers are taking the lead in steering innovation and product development.  

From supplying key components to co-developing next-generation driving systems, domestic intelligent vehicle tech companies are demonstrating stronger competence through research and development collaborations with international car brands.

(China Daily) The State Administration for Market Regulation announced on Tuesday that it has suspended the antitrust investigation procedures against DuPont China Group Ltd.  

The administration, China's top market regulator, on April 4 launched an investigation into DuPont China Group, a subsidiary of the US firm DuPont, for suspected monopolistic practices in violation of China's Anti-Monopoly Law.
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