China adds 8 banks to digital yuan network as operator count hits 30
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Digital China: Wins bid for a Huawei intelligent computing server procurement project from a major state-owned bank, with an estimated value of 371 million yuan.
Mars Finance reported on July 3 that Digital China (000034.SZ) announced that its subsidiary, Beijing Shenzhou Kuntai Information Technology Co., Ltd., won a Huawei intelligent computing server procurement project for a large state-owned commercial bank. The estimated procurement amount is 371 million yuan (subject to actual settlement). The project will supply Shenzhou Kuntai supernode servers. If successfully implemented, it will have a positive impact on the company's information technology application innovation business and overall operating performance. Currently, a formal contract has not yet been signed, and there is some uncertainty. (Company Announcement)
Goldman Sachs released a report on China's AI computing power, predicting that domestically produced chips will account for over 50% of the market share by 2026.
According to a Goldman Sachs report, "China AI Computing Power," published by P Equity Research, China is accelerating the construction of its nationwide computing network. Related infrastructure projects are expected to attract 7 trillion yuan in investment by 2026, with data center investment reaching approximately 2 trillion yuan over the next five years. Currently, capital and technology are shifting massively to computing hubs in western China, while data centers in first-tier cities are transforming to focus on ultra-low latency computing, edge nodes, and AI inference. Although gigawatt (GW) clusters containing more than 100,000 chips are still scarce in China, in typical GW-level computing parks, workloads already consist primarily of inference (accounting for over half), along with training and full-stack R&D. The report predicts that by 2026, the market share of domestically produced AI accelerator chips is expected to exceed 50%. Huawei and Alibaba's Pingtouge lead the domestic camp with 20% and 7% market share respectively, but Nvidia currently maintains its overall market dominance with a 55% share. In terms of cost and performance, domestically produced chips have 40% to 50% lower capital expenditure per unit of IT power consumption compared to imported chips. However, due to the performance gap, their capital expenditure per unit of computing power is 2 to 4 times that of imported chips, and the computing power generated per unit of power consumption is only 10% to 30% of that of imported chips. In addition, the daily token output of Huawei's 910B/910C servers is about one-sixth to one-third of that of NVIDIA's H800, resulting in API profit margins based on this hardware lagging significantly behind those of competitors using NVIDIA hardware.
The "Beijing Digital Economy Development Report (2025-2026)" was released, predicting that the core artificial intelligence industry will reach approximately 450 billion yuan in scale by 2025.
According to Mars Finance, at the 2026 Global Digital Economy Conference results release conference yesterday, Lu Ya, Vice President of the Beijing Academy of Social Sciences, released the "Beijing Digital Economy Development Report (2025-2026)" blue book. The report shows that in 2025, Beijing's digital economy added value exceeded 2.4 trillion yuan, a year-on-year increase of 8.7%, accounting for 46.4% of GDP. It ranked second in the global digital economy benchmark city index evaluation, with a development index value of 0.770, firmly maintaining its position as a "global leading city." Lu Ya introduced that Beijing's status as the "No. 1 city for artificial intelligence" continues to be consolidated. In 2025, the core artificial intelligence industry scale was approximately 450 billion yuan, attracting over 2,500 related enterprises. As of April 2026, 225 large-scale models had been registered. Innovation and industry application of large-scale models are accelerating in both directions, rapidly empowering industrial upgrading, technological innovation, and public services. The market-oriented reform of data elements is being deepened, and breakthroughs have been achieved in the construction of "one zone and three centers." The trading volume of the Beijing International Big Data Exchange increased by 150% year-on-year, and the circulation of trusted data space is deepening around key areas such as healthcare and audiovisual media. (Cailian Press)
Accelerating its global expansion, my country's robot exports reached nearly 20 billion yuan in the first five months of this year.
This year, my country's robot exports have continued to expand, with a constantly optimized product structure, injecting new momentum into the globalization of high-end manufacturing. According to customs statistics, in the first five months of this year, domestically produced robots accelerated their global expansion. A total of 10.377 million robots, listed separately, were exported, with a total export value of 19.99 billion yuan, reaching more than 150 countries and regions worldwide. The EU and ASEAN were the main export destinations. Looking at specific categories, my country's robot exports have formed a diversified matrix. Cleaning robots lead all categories, with exports reaching 14 billion yuan, accounting for more than 70% of the total robot export value. Relying on core technologies such as autonomous navigation, automatic dust collection, and intelligent wastewater recycling, domestically produced cleaning robots accurately match the diverse living environments overseas, demonstrating significant advantages. In the industrial application sector, approximately 70,000 domestically produced industrial robots were exported in the first five months, with overseas application scenarios continuing to expand. Handling robots equipped with visual recognition and intelligent algorithms are widely used in large-scale overseas infrastructure and transportation projects; welding robots with automatic scanning and modeling functions can calculate the optimal process solution in real time; and collaborative robots are playing a significant role in overseas food, pharmaceutical, and daily chemical light manufacturing industries. In cutting-edge emerging sectors, over 8,000 intelligent bionic robots have been exported, covering diverse scenarios such as equipment inspection, scientific research and teaching, and public services. Leveraging China's complete and comprehensive industrial chain, the export scale of domestically produced robots is steadily expanding. (CCTV News)
The People's Bank of China: We will continue to implement a moderately loose monetary policy and increase counter-cyclical and cross-cyclical adjustments.
According to BlockBeats, on July 8th, the Monetary Policy Committee of the People's Bank of China held its second quarterly meeting of 2026. The meeting analyzed the domestic and international economic and financial situation, concluding that the current external environment is more complex and volatile, with weak global economic growth momentum, frequent geopolitical conflicts and trade frictions, divergent economic performance among major economies, and uncertainties surrounding inflation trends and monetary policy adjustments. While my country's economy is generally stable and moving towards new and improved directions, achieving new results in high-quality development, it still faces problems and challenges such as strong supply and weak demand, structural differentiation, and external shocks. The meeting stressed the need to continue implementing a moderately loose monetary policy, increase counter-cyclical and cross-cyclical adjustments, better leverage the dual functions of monetary policy tools in terms of both aggregate and structural aspects, strengthen the coordination of monetary and fiscal policies, and promote stable economic growth and a reasonable recovery in prices.
The National Development and Reform Commission stated that the scale of my country's artificial intelligence-related industries exceeded one trillion yuan last year, and preliminary forecasts indicate a growth rate of over 30% this year.
According to Mars Finance, Wang Ruomeng, Deputy Director of the Innovation and High-Tech Development Department of the National Development and Reform Commission, stated that the scale of my country's artificial intelligence-related industries exceeded one trillion yuan last year, and preliminary forecasts indicate a growth rate of over 30% this year. (Cailian Press)