Taobao's flash group buying service has been launched in pilot cities this morning. The first batch of pilot cities are Shanghai, Shenzhen, and Jiaxing. Taobao's flash group buying service is available through Taobao Flash, Alipay, and AutoNavi. The product categories include tea, desserts, dinners, buffets, and city-specific snacks.

Trump said he would convene the Republican National Convention in the 2026 midterm elections.

[The number of newly established index-increase funds this year has increased by 207% compared with the whole of last year] Since the beginning of this year, public fund institutions have significantly accelerated their layout of index-increase funds. The number and scale of newly established products this year have exceeded the number and scale of the whole of 2024 and 2023. Wind Information data shows that 129 new index-increase funds have been established this year, an increase of 207% over the whole of last year, with a total scale of 72.843 billion yuan. In comparison, the number and scale of newly established index-increase funds in 2024 were 42 and 20.853 billion yuan respectively, and the number and scale of newly established index-increase funds in 2023 were 57 and 25.546 billion yuan respectively.

[Six lithium battery projects signed and landed in Suining, Sichuan] On September 19, the 2025 Suining International Lithium Battery Industry Conference with the theme of "Lithium to New Quality and Smart Victory in the Future" opened in Suining. This conference was hosted by the China Nonferrous Metals Industry Association and the Suining Municipal People's Government. The conference focused on hot topics in the industry such as lithium mineral resources, liquid lithium batteries, solid-state batteries, sodium batteries, and energy storage, and held a number of activities such as the opening ceremony and thematic forum. During the conference, a number of government-school-enterprise signings and investment promotion project signings were also concentrated. Seven schools and enterprises including Northwestern Polytechnical University, University of Electronic Science and Technology of China, and China University of Geosciences (Wuhan) signed cooperation agreements with the Suining Municipal People's Government and Suining Economic Development Zone. During the project signing session, Suining signed a total of 6 lithium battery and related industry projects with a total investment of 15.8 billion yuan. The cooperation between government, schools and enterprises and the signing and implementation of projects will further consolidate the foundation of Suining's lithium battery industry, extend the industrial chain, and help the lithium battery industry become the "main engine" driving Suining's high-quality development.

Shenzhen's virtual power plant has a scalable capacity of 1.3 million kilowatts, accounting for over 5.4% of the city's peak grid load, the highest in China. The 2025 International Digital Energy Expo revealed that Shenzhen's virtual power plant has a scalable capacity of 1.3 million kilowatts, accounting for over 5.4% of the city's peak grid load, the highest percentage in China. This also means that during peak electricity demand, the Shenzhen virtual power plant can play a greater role in reducing peak demand. For example, if a household simultaneously uses two 1-horsepower air conditioners during peak summer demand, this could provide enough power for 870,000 households.

Shenzhen's virtual power plant has a scalable capacity of 1.3 million kilowatts, accounting for over 5.4% of the city's peak grid load, the highest in China. The 2025 International Digital Energy Expo revealed that Shenzhen's virtual power plant has a scalable capacity of 1.3 million kilowatts, accounting for over 5.4% of the city's peak grid load, the highest percentage in China. This also means that during peak electricity demand, the Shenzhen virtual power plant can play a greater role in reducing peak demand. For example, if a household simultaneously uses two 1-horsepower air conditioners during peak summer demand, this could provide enough power for 870,000 households.