News Summary:
The Ministry of Industry and Information Technology (MII) unveiled an industry blueprint on September 7, 2026, committing China to a cumulative 3.8 trillion yuan ($566 billion) investment in information infrastructure by 2030, with a target to boost intelligent computing power to 9800 EFLOPS. Earlier, on September 2, China issued guidelines for its automakers on overseas conduct, directing them to avoid aggressive pricing in export markets like Australia, adhere to local laws, and improve after-sales support to prevent "improper advantage." On July 20, MII chief engineer Wang Weiming stated that China developed over 400 complete humanoid robot products, representing more than half of the global total, highlighting the country's expanding presence in the robotics sector. Previously, on July 10, the Ministry of Finance, State Taxation Administration, and the MII jointly announced the elimination of preferential tax treatments for energy-saving and new energy vehicles, effective January 1, 2027. This reform scraps policies that halved vehicle and vessel tax for energy-saving vehicles and provided full exemptions for pure electric, plug-in hybrid, and fuel cell commercial vehicles. This followed the MII's release on June 11, 2026, of the 86th list of New Energy Vehicles (NEVs) meeting national energy-saving standards, making them eligible for tax reductions or exemptions.
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