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Live Updates  >  Live Update Details

2026-07-17 10:30:12

[State Administration of Foreign Exchange: More Chinese Companies Emerging in Global AI Big Data Modeling, Quantum Technology, and New Energy Sectors] Li Bin, spokesperson and deputy director of the State Administration of Foreign Exchange, stated at a press conference held by the State Council Information Office that my country's new productive forces are developing rapidly, demonstrating strong economic resilience and ample room for growth, which will further boost market confidence. my country's emerging industries are growing rapidly, and the integration of technological and industrial innovation is accelerating, leading to a rapid increase in innovation capacity and providing strong support for high-quality economic development. In the first half of the year, the added value of high-tech manufacturing above designated size increased by 13.3% year-on-year, nearly 4 percentage points faster than the 2025 target. More Chinese companies are emerging in global AI big data modeling, quantum technology, and new energy sectors. The economy of a major power also possesses greater resilience and development potential. Facing external shocks such as geopolitical conflicts in the Middle East, supported by diversified energy supply and the rapid development of the new energy industry, my country's economy has demonstrated strong resilience and the ability to withstand shocks.

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