The 2026 Lujiazui Forum concluded on June 18 in Shanghai, with policymakers, bankers and global investors expressing broad confidence in China's technology-driven growth as well as the expanding investment opportunities in innovation-led sectors.

The China-EU communication in the economic and trade field remains smooth, Chinese Ministry of Commerce (MOFCOM) spokesperson He Yadong said at a regular press briefing on Thursday.

Attributing China's industrial competitiveness simply to "subsidies" is not only one-sided but completely wrong, as China's industrial competitiveness is the result of multiple factors working together, a spokesperson with China's National Development and Reform Commission (NDRC) said on Thursday

The China Development Bank (CDB) had issued 213.3 billion yuan (about 31.3 billion U.S. dollars) in loans for technological transformation and equipment upgrades by the end of May, the bank said on Thursday.

Multiple foreign financial institutions spoke highly of China's latest financial opening-up measures announced at the 2026 Lujiazui Forum in Shanghai, eyeing continued inflows of foreign capital into Chinese assets driven by favorable policies and their strategic value as the core of Asian

In May 2024, ByteDance's AI assistant Doubao was consuming around 100 billion tokens per day. By March 2026, that figure had surpassed 120 trillion – a roughly 1,000-fold surge in just two years, according to industry data.